Ukraine: metallurgical industry seeing losses amid falling demand in world markets

Head of Ukraine’s Federation of Metallurgists Serhiy Bilenky says the Ukrainian metallurgical enterprises have been operating at a loss since the beginning of 2019 due to falling demand for steel in global markets. Most of the world’s metallurgical giants are forced to either reduce production or stop operating altogether. “Unfortunately, the situation in Ukraine is…

Kyrgyzstan: coal price up in November 2019

Average retail coal prices in three weeks of November grew by 140.16 soms per ton, or by 3.1%, compared to the October price, the National Statistical Committee of Kyrgyzstan revealed. This is due to worsening of weather conditions and increased demand. As of November 21 the maximum average coal prices were registered in Kara-Suu (8,485.28…