Ukraine: DTEK to invest 600 million into Dobropolyeugol

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.

Metals of Ukraine & Russia: reinforcement steel (alloy steel), November 2015

Ukraine: Donetsk region metal output down in January-November 2015

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.

Ukraine: metal companies losses up in January-October 2015

In January-October Ukrainian metal companies EBIT reached minus 15.9 billion UAH, up by 11.2% YoY, or 1.6 billion UAH.

Ukraine: scrap procurement to fall in 2016

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.

Ukraine: ZTMK increases spongy titanium output

In January-November Zaporozhye Titanium and Magnesium Works produced 7005 tons of spongy titanium, up by 12.2% YoY.

Ukraine: VostGOK to buy sulfur in 2016

The state enterprise Vostochny Mining and Processing Works (Dniepropetrovsk region) has announced a purchase of 26 thousand tons of granulated sulfur and 15 thousand tons of lumps in March-December 2016.

Ukraine: BNY Mellon to cancel agreement with Interpipe

The Bank of New York Mellon Corporation (USA) plans to cancel its depository agreement with Interpipe NTZ.

Ukraine: iron ore companies asking the government to stop railroad tariffs rise in 2016

Poltava, Yuzhny, Central, Severny, Ingulets Mining and Processing Works, as well as Evraz Sukhaya Balka, Krivoy Rog Iron Ore Industrial Complex and Zaporozhye Iron Ore Industrial Complex have addressed the Prime-Minister Arseny Yatsenyuk, minister of economic development and trade Aivaras Abromavichus, minister of finances Natalia Yaresko, minister of infrastructure Andrei Pivovarsky and the chairman of the State Regulatory Service Ksenia Lyapina asking them to implement the moratorium on the railroad transportation tariffs rise.

Ukraine: Konstantinovka Works to shut down

The sole shareholder of Konstantinovka Iron and Steel Works (Donetsk region) – Surrey Dynamics Ltd (UK) – has decided to liquidate the company since it has stopped its operations altogether, with no ways of restoring them.

Ukraine: Zaporizhstal to put sintering machine #3 into operation by 2016

Zaporizhstal plans to put the sintering machine #3 into operation after reconstruction before the new year starts.

Ukraine: Dneprometiz reelects CEO

The supervisory board of Dneprometiz has reelected Alexander Yakushev the company CEO for a year.

Ukraine: ministry accused of scrap lobbying

Ukrtrubprom CEO Leonid Ksaverchuk says Ministry of economic development and trade has been taking decisions reflecting scrap business interests.