In January-July Ukrainian companies exported $5062.89 million worth of ferrous metals, down by 41% YoY ($8580.41 million).
Russian export prices are up by $27.
The steel production by Ukraine dropped considerably due to the ongoing political instability in the region. More importantly, imports and exports of scrap metals declined during the first half of the current year.
Ukrainian export prices are down by $25, Russian export prices are up by $20.
In June Ukraine produced 2003 thousand tons of steel, down by 7.9%, or by 172 thousand tons MoM.
The main coke plant of Ukraine’s largest steel producer, Metinvest, is on the verge of halting output after heavy shelling overnight damaged power lines, the company said.
Ukrainian iron ore miner Ferrexpo said it was cautious about its full-year performance due to weakness in iron ore prices and an uncertain situation in Ukraine, as it reported a 45% fall in its half-year core profit.
The Cabinet of Ministers of Ukraine plans to shut down 11 state coalmines.
Ukrainian export prices are down by $5.
Ukrainian export prices are down by $5, Russian – by $10.
Metinvest Group has sent additional 10 million UAH to rebuild Avdiivka, suffering from almost constant shelling.
Ukrainian export prices are down by $15, Russian – by $5.