The Cabinet of Ministers of Ukraine decided to close profitless mines Rodynskaya of the state enterprise (ST) Krasnoarmeyskugol, Zarechnaya of the ST Lvovugol and #9 Novovolynskaya of the ST Volynugol.
In January-June Ukraine imported $857.56 worth of coal and anthracite.
The Eurasian Economic Committee is opening the second anti-dumping investigation as to some types of steel pipes from Ukraine. As the result import duties could be prolonged.
In January-June Ukraine exported 739.18 thousand tons of ferrous metals scrap, up by 56.7% or 59.4% YoY, depending on the source. Thus the Customs service states 471.68 thousand tons of scrap exports in January-June 2014, while the State Statistics claim it was 463.59 thousand tons.
ArcelorMittal Kriviy Rih has opened a metal warehouse in Kharkiv.
Ukraine’s coal extraction in June decreased by 44.3% YoY to 3.51 million tons, down from 6.3 million tons in June 2014, but up from 3.24 million tons produced in May, an energy and coal industry ministry official said.
In January-June Ukraine exported 3721.14 thousand tons of carbon steel semi-finished products worth $1341.28 million, down by 31.7% and 48.7% YoY respectively.
Spot prices for iron ore fines crossed $50 per ton in China (CFR) on July 7, having declined 24% since mid-June to $49.6, Concorde Capital informed clients in an online advisory.
Ukraine to produce 2.2 million tons of steel in August, Metallurgprom said.
Ukrainian export prices are up by $25-30, Russian – by $15-20.
In January-June Ukrainian mining companies exported 23112.35 thousand tons of iron ore raw materials worth $1138.06 million, up by 17.9% and down by 40% YoY respectively.
Zaporizhstal, Odessa Port Works and Kernel-Trade received the largest VAT-reimbursements in June.
Ukrainian Prime-Minister Arseni Yatsenyuk has ordered the Ministry for energy and coal industry to immediately start freighting ships for coal deliveries.
Metinvest Group has opened a trade representative in Poland – Metinvest Polska.
Ukrainian export prices are up by $5-10, Russian – by $20.
In January-June Ukraine exported 796.58 thousand tons of pig iron worth $217.95 million, down by 41.3% and 56.2% YoY respectively.