Ukraine: Volyn coal output down in 2016

Volyn mines started yielding less coal. Since the year start they have yielded 92.2 thousand tons of coal, down by 20.7% YoY. In 2015 Ukraine mined 39.75 million tons of coal, down by 38.8% YoY, or by 25.23 million tons, including 8.15 million tons of coking coal (down by 49.8%) and 31.6 million tons of…

Ukraine: Krasnoarmeyskugol in trouble

For the past 10 days Krasnodonugol mines were left without electricity twice.

The first time electricity was cut off on June 3, for almost 24 hours. Then on June 13, despite the agreement to partially clear debts, the mines were left without electricity again. (Ukrainian metal)

Ukraine: ZZhRK output down in January-May 2016

In January-May Zaporozhye Iron Ore Complex mined 1.8 million tons of iron ore, down by 2.7% YoY.

According to the company statement, in May it mined 0.37 million tons of ore. Last year iron ore output dropped by 2% YoY, to 4.4 million tons. (Ukrainian metal)

Metals of Ukraine & Russia: scrap (grade 2a), April 2016


Ukrainian market, $/t, without VAT, FCA, $1/UAH25.1865*









* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.04.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: VAT reimbursement in May 2016

In May ArcelorMittal Kriviy Rih received the most VAT – 577.2 million UAH. According to the State Treasury, Poltava GOK came second with 354.4 million UAH, while Azovstal received 335.4 million UAH of VAT reimbursements. They were followed by Mariupol Ilyich Iron and Steel Works (322 million UAH), Nikopol Ferroalloy Plant (166.8 million UAH), Zaporizhstal…

Ukraine: EEC decided not to implement compensatory duties on ferroalloys

The Eurasian Economic Commission has stopped its compensatory investigation on ferrosilicomanganese originating in Ukraine and imported to the Customs Union. “The inner market protection department has decided there was no basis for the implementation of the compensatory duty in respect of ferrosilicomanganese originating in Ukraine and imported to the Customs Union”, said the department in…

Ukraine: coal mining up in January-May 2016

In January-May Ukraine mined 16287.1 thousand tons of coal, up by 1.5% YoY, or by 238.6 thousand tons. Coking coal output increased by 11%, or by 367 thousand tons, to 3702.7 thousand tons, while that of power-generating coal went down by 1%, or by 128.4 thousand tons, to 12584.4 thousand tons, all YoY. The Ministry…

Ukraine: Azovstal and Avdiivka Coke shares excluded from main index

The index committee of Ukrainian Stock Exchange has excluded Azovstal Iron and Steel Works and Avdiivka Coke and Chemical Works shares from its main index.

The decision was taken following the transformation of the companies from public to private ownership. (Ukrainian metal)