In January-August Ukraine produced 568.2 thousand tons of steel pipes, down by 44.4% YoY.
Ukrainian export prices are down by $15, Russian – by $10-15.
Ternovskaya mine has put the new 342 long face into operation with capacity of 220 thousand tons of coal.
On September 18 the shares of the UK-based mining company Ferrexpo with assets in Ukraine fell at the London Stock Exchange after the news of the company losing access to its money in the Finances and Credits bank in Kiev. The bank is owned by Ferrexpo majority shareholder Konstantin Zhevago.
Ukrainian export prices are down by $15.
Ferrexpo had $174 million at the Finances and Credits bank, that had been named insolvent.
In August Ukraine exported $136.31 million worth of iron ore, with imports on the level of $7.28 million.
In January-July the Ukrainian metal industry received 14.3 billion UAH of losses, up by 15.3% YoY, or by 1.9 billion UAH.
Ukrainian thermal power station coal reserves grow daily by 20 thousand tons and have reached 1.6 million tons, said the energy and coal industry minister Vladimir Demchishyn.
From September 7 to September 14 DTEK increased coal stocks at its thermal power stations by 64.7 thousand tons.
The Ukrainian mining-metallurgical sector is in decay. The leading companies are balancing on the edge of profitability. First of all, because of the problems with raw materials deliveries due to the military activity in the East. Iron ore extraction tax also affects this. For the past 1.5 years it has grown 20 times.
In August Ukraine exported $169.2 million worth of steel semi-finished products, with imports on the level of $0.61 million.
The largest company of Donetsk – Donetsk Iron and Steel Works has put the blast furnace #1 into operation, one of the two existing furnaces.
The Ministry for energy and coal industry is prepared to buy coal from the Anti-terrorist operation zone at 1.1 thousand UAH per ton.
Ukraine has contracts to import 300 thousand tons of coal from Russia every month, said the minister for energy and coal industry Vladimir Demchyshin.
In January-August Krivoy Rog Iron Ore Industrial Complex produced 3.6 million tons of iron ore, down by 3.2% YoY.
For the past 8 months state mines received no money for the equipment modernization, said the minister for energy and coal industry Vladimir Demchyshin.
In August 31 – September 6 DTEK increased coal stocks of its thermal power stations by 30 thousand tons. During that period stations received 390 thousand tons of coal, and used 360 thousand tons to produce electricity.