Metallurgprom believes ferrous metals export duty on the level of 50 euro per ton will bring 45 million euro (or over 1 billion UAH) to the state budget.
The supervisory board of Vatutino Refractory Works (Cherkassy region) has dismissed Guillaume Hubert Delacroix from the office of the chairman from January 1, 2016, and appointed Paul David Vizhnyak instead.
The state enterprise Ukrpromvneshexpertiza says ferrous scrap exports in 2016 will reach 1-1.1 million tons, if the quotations are cancelled and duties increase.
Zaporizhstal plans to stop its sintering machine #4 on January 15, 2016 to assemble gas-purifying equipment.
DTEK Dobropolyeugol still has to mine 1.3 million tons to reach its annual target and ends 2015 with 950 million UAH of losses. So far the company has mined 3.4 million tons of 4.7 million tons needed.
In January-November Donetsk region decreased industrial products output by 36.1% YoY. In November output fell by 13% YoY and by 12.4% MoM.
In January-October Ukrainian metal companies EBIT reached minus 15.9 billion UAH, up by 11.2% YoY, or 1.6 billion UAH.
The state enterprise Ukrpromvneshexpertiza says in 2016 ferrous scrap procurement will fall by 9.76% YoY, or by 0.4 million tons, to 3.7 million tons.
The Bank of New York Mellon Corporation (USA) plans to cancel its depository agreement with Interpipe NTZ.