In 2015 Ukrainian metal companies are expected to produce 23 million tons of steel, 22 million tons of pig iron and 20 million tons of rolled metal, all down by 15%, 11% and 16% YoY respectively.
Azovstal Iron and Steel Works repairmen have joined Metinvest-PromServis, and that positively affects their salary.
Increase in railroad tariffs would worsen the coal industry crisis, leaving dozens of thousand of miners jobless.
The administration of Lugansk region has reported that due to the halt of the Pervomayskaya mine bilge complex mine waters could cause an industrial disaster.
The Lugansk District Administrative Court named illegal the claims of the State Financial Inspection to recover debts from Lisichanskugol and cancel its agreement to process coal with Processing Factory #105.
In January-November Zaporozhye Iron Ore Complex (Dneprorudnoye, Zaporozhye region) produced 4.1 million tons of iron ore, down by 2.4% YoY.
Zaporozhye Ferro Alloys Plant could stop ferrosilicomanganese exports to Russia altogether if the Eurasian Economic Commission implements the import duty of 26.35%.
On December 1, Metinvest signed a standstill with the group of its creditors on pre-export financing till February 2016.
In January-November Ukraine imported $1509.52 million worth of coal (black coal and anthracite), with $136.52 in November.
Dneprometiz has put a new line of low-carbon 0.6-1.2 mm diameter wire wet drawing line into operation. The line was created according to Dneprometiz technical order on the basis of the SKET UDZWGT-320/11 wet drawing shop.
In January-November Ukraine increased ferrous scrap exports by 40.4% or by 43% YoY (depending on the comparison base).
The Verkhovnaya Rada of Ukraine has received a decree to implement changes to Article 4 of the Ukrainian Decree “On metal scrap”.
In January-November Ukraine exported $7508.34 million worth of ferrous metals, down by 38% YoY.
In January-September Metinvest revenues decreased by 36% YoY, to $5.39 billion.