Ukraine: coal imports from Russia to hit 300 thousand tons
Ukraine has contracts to import 300 thousand tons of coal from Russia every month, said the minister for energy and coal industry Vladimir Demchyshin.
Ukraine has contracts to import 300 thousand tons of coal from Russia every month, said the minister for energy and coal industry Vladimir Demchyshin.
In January-August Krivoy Rog Iron Ore Industrial Complex produced 3.6 million tons of iron ore, down by 3.2% YoY.
For the past 8 months state mines received no money for the equipment modernization, said the minister for energy and coal industry Vladimir Demchyshin.
In August 31 – September 6 DTEK increased coal stocks of its thermal power stations by 30 thousand tons. During that period stations received 390 thousand tons of coal, and used 360 thousand tons to produce electricity.
Yuzhny Mining and Processing Works (UGOK) plans to increase its investments into development of the capacities to 922 million UAH in 2015, up by 32% YoY.
In August Mariupol Ilyich Iron and Steel Works reached the maximum of its galvanized rolled metal output – 30 thousand tons. Half of the products were produced according to Eurostandards.
In August Ukraine exported $37.2 million worth of steel pipes, with imports on the level of $6.91 million.
Metallurgprom forecasts the steel output on the level of 1.9 million tons in October. Rolled metal and pig iron manufacture are expected at 1.8 million tons and 1.9 million tons respectively.
In January-August Ukrainian metal companies consumed 1.38 billion cubic meters of gas, down by 22% YoY.
The largest metal-mining company of Ukraine Metinvest renewed its iron ore supplies to Alchevsk Iron and Steel Works after it was relaunched in June.
In January-August Ukrainian companies received $5715.03 million for ferrous metals exports, down by 40.3% YoY.
The State administration of the railroad transport of Ukraine (Ukrzaliznytsya) has no problems with coal deliveries from the anti-terrorist operation zone in the East.
To understand the impact of events in Donetsk and Lugansk on the Ukrainian coal industry, two main questions need to first be answered:
In January-June Ukrainian companies exported 10.2 million tons of ferrous metals worth $4.2 billion, up by 26.7% and down by 42.1% YoY respectively.