In early September Ukrainian exporters of rebars announced a price drop.
In August Ukraine mined 3171 thousand tons of coal, down by 30.5% from the planned results.
The largest Ukrainian mining and metal company Metinvest has said that its enterprises are operating under Ukrainian law and its Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works (both based in Donetsk region) have been re-registered in Ukrainian controlled Mariupol, and has expressed hope that VAT for exported goods will be refunded.
In August the major VAT-reimbursement receiver among the mining-metallurgical companies was ArcelorMittal Kriviy Rih with 535.1 million UAH.
For the first time since the beginning of 2014 Ukrainian metal sector has shown some rise. August results confirm the first half-year trend in output increase. In August Ukrainian companies produced 9% more steel, than a year ago.
As of September 1, DTEK thermal power stations warehouse 1.14 million tons of coal. Provided the deliveries face no hindrance, coal stocks will be further increased.
In the first half year of 2015 Ferrexpo-controlled Poltava Mining and Processing Works (PGOK) paid over 434 million UAH to the Ukrainian budgets as taxes and fees.
The experts don’t expect a noticeable increase in Ukrainian metal output or export this year.
Centrenergo, desperately needing power-generating coal due to the military activity at Donbass, has imported the first 30 thousand tons of coal from Russia for Zmeyevka and Tripolye Thermal Power Stations.
In January-August Ukrainian metal companies produced 15.04 million tons of steel, down by 24% YoY.
In January-June Ceramet, a leading scrap procuring company in Ukraine, increased its deliveries of scrap to Poland and Hungary 2.4 times YoY, to 241.08 thousand tons.
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD) has to pay the city it is situated in 13 million UAH as the participation in the development of the city infrastructure.
Metinvest B.V. (the Netherlands), the parent’s company of the international vertically integrated mining and metal company Metinvest, has announced that it has completed the final drawdown under a EUR 25 million 10-year buyer credit facility covered by Euler Hermes Deutschland AG, the German export credit insurance agency (the ECA).
The management of State Enterprise Krasnoarmeyskugol has asked the Ministry for Energy and Coal Industry to remove the Rodinskaya mine from its list.