Metinvest wants to enter CIS and Eastern European markets.
The price of South African coal is $65 per ton CIF Odessa. Together with port fees and transportation expenses it reaches $80 per ton (or 1920 UAH per ton), which is higher than 1100-1600 UAH per ton that Centrenergo used to pay for coal from Russia or the terrorists-controlled Donbass.
Velta (Dniepropetrovsk) has decided to resume the operation of its ore sands and ilmenite mining and processing works in Kirovograd region.
By 2016 Zaporizhstal plans to ship some 700 thousand tons of metal via the Zaporozhye river port.
Metinvest reports the Cabinet of Ministers plans to have a meeting with metal companies on the mining-metallurgical industry problems.
Non-reimbursement of VAT to exporters serves as an indirect exports tax in Ukraine.
Ukraine has enough coal for 45-50 days, says the minister for energy and coal industry Vladimir Demchyshin, and soon imported coal would arrive that would stabilize the situation.
In January-November Yuzhny Mining and Processing Works produced 10.48 million tons of iron ore concentrate, up by 2.5% YoY.
Co-owner of the Privat group Igor Kolomoisky believes there are three ways the High Court of Justice could take in the matter of Krivoy Rog Iron Ore Industrial Complex.
Metinvest plans to initiate an antidumping investigation as to galvanized and polymeric-coated rolled metal, produced in China.
In January-November Azovstal Iron and Steel Works, a part of Metinvest, produced 2.76 million tons of rolled metal, down by 8.6% YoY.
On December 1, Russia prohibited to import certain goods from Turkey. And Ukraine could be a winner in this situation, if Turkey implements sanctions in response.