In January-August Ukrainian companies received $5715.03 million for ferrous metals exports, down by 40.3% YoY.
The State administration of the railroad transport of Ukraine (Ukrzaliznytsya) has no problems with coal deliveries from the anti-terrorist operation zone in the East.
To understand the impact of events in Donetsk and Lugansk on the Ukrainian coal industry, two main questions need to first be answered:
In January-June Ukrainian companies exported 10.2 million tons of ferrous metals worth $4.2 billion, up by 26.7% and down by 42.1% YoY respectively.
The occupied territories face problems with fuel, machinery and railroad, said the Ministry for energy and coal ministry Vladimir Demchyshin.
In January-August Ukrainian companies exported 992.85 thousand tons of ferrous metals scrap worth $241.9 million, up by 56% or by 59% and by 10.6% or 22.7% YoY respectively.
There is no political background in Antonov’s cooperation with Dneprospetsstal (DSS), main shareholders of which are Russian, said Ukroboronprom general director Roman Romanov.
In January-August Ukraine exported 577.55 thousand tons of ferroalloys worth $635.58 million, down by 9.8% and 19.3% YoY respectively.
By the end of September Ukraine would have received the first ships with coal from the South African Republic.
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.