The head of the Volyn region administration Vladimir Ginchuk met the representatives of Sanyi (China) willing to invest $3.5 billion into Ukraine. The company has some experience in working with mining companies from the East of Ukraine. But they are also interested in the Volyn coal basin.
The Higher Administrative Court of Ukraine has allowed developing the Kremenchug territory, thus removing all obstacles on the way to build Bilanovsky Mining and Processing Works.
In November Ukraine exported $51.5 million worth of ferroalloys, with imports on the level of $5.89 million.
In November Ukraine produced 68.2 thousand tons of ferroalloys, down by 0.7%, or by 0.5 thousand tons MoM.
In November Ukraine exported $32.48 million worth of pig iron, with imports on the level of $0.11 million.
Austria suspects Bollwerk AG and Steuermann GmbH, controlled by the people’s deputy Nikolay Martynenko, of reselling uranium and titanium at high prices abroad, to Russia in particular.
In 2016 scrap procurement in Ukraine is expected on the level of 2015.
In November Ukraine exported $121.15 million worth of long rolled metal products, while imports reached $10.04 million.
Ferrous metals scrap is Ukraine’s main strategic raw materials of secondary resources, said 86% of the experts, surveyed under the “Strategic raw material resources for Ukraine’s development by 2020”. 64% said the scrap export limitations would promote the country raw material security.
In November Ukraine exported $9.62 million worth of ferrous metals scrap, with imports on the level of $0.13 million.
The Ministry of infrastructure plans to increase railroad transportation tariffs by 30% in 2016. This will lead to the further recession in Ukrainian economy.
The State Security Service and the State Fiscal Service have exposed a scheme to legalize coal, mined at the temporarily occupied territories.
In November Ukraine imported $9.67 million worth of manganese ore, while exports totaled $3.2 million.
The South African coal for Ukrainian thermal power stations would cost at least $70 per ton.
In November Ukraine exported $35.57 million worth of steel pipes, with exports on the level of $7.5 million.
In January-November major Ukrainian companies produced 777 thousand tons of ferrous pipes, down by 40.3% YoY.
In November Ukraine exported $200.18 million worth of steel semi-finished products, while imports totaled $2.16 million.
In November Ukraine imported $19.25 million worth of coke, with exports on the level of $3.12 million.