The State informational-analytical center Gosvneshinform says ferrous scrap prices will fall by $5 to $160 per ton FOB.
In January-November Ukraine mined 25195.6 thousand tons of ordinary coal, down from 36351 thousand tons last year.
The self-proclaimed republics cut bridges, rails and works for scrap.
Pavlogradskoye Mine Group has reached its annual coalmining plan ahead of time. The miners yielded 3450 thousand tons of coal. The company is among the TOP-3 DTEK coalminers.
The head of the Volyn region administration Vladimir Ginchuk met the representatives of Sanyi (China) willing to invest $3.5 billion into Ukraine. The company has some experience in working with mining companies from the East of Ukraine. But they are also interested in the Volyn coal basin.
The Higher Administrative Court of Ukraine has allowed developing the Kremenchug territory, thus removing all obstacles on the way to build Bilanovsky Mining and Processing Works.
In November Ukraine exported $51.5 million worth of ferroalloys, with imports on the level of $5.89 million.
In November Ukraine produced 68.2 thousand tons of ferroalloys, down by 0.7%, or by 0.5 thousand tons MoM.
In November Ukraine exported $32.48 million worth of pig iron, with imports on the level of $0.11 million.
Austria suspects Bollwerk AG and Steuermann GmbH, controlled by the people’s deputy Nikolay Martynenko, of reselling uranium and titanium at high prices abroad, to Russia in particular.
In 2016 scrap procurement in Ukraine is expected on the level of 2015.
In November Ukraine exported $121.15 million worth of long rolled metal products, while imports reached $10.04 million.
Ferrous metals scrap is Ukraine’s main strategic raw materials of secondary resources, said 86% of the experts, surveyed under the “Strategic raw material resources for Ukraine’s development by 2020”. 64% said the scrap export limitations would promote the country raw material security.
In November Ukraine exported $9.62 million worth of ferrous metals scrap, with imports on the level of $0.13 million.
The Ministry of infrastructure plans to increase railroad transportation tariffs by 30% in 2016. This will lead to the further recession in Ukrainian economy.
The State Security Service and the State Fiscal Service have exposed a scheme to legalize coal, mined at the temporarily occupied territories.