Ukraine: Ukrzaliznytsia not to help local mining works
Ukrzaliznytsia should not subsidize Ukrainian mining and processing works that mine iron ore, believes the company chief analyst Ivan Mokushenko.
Ukrzaliznytsia should not subsidize Ukrainian mining and processing works that mine iron ore, believes the company chief analyst Ivan Mokushenko.
In November Ukraine exported $139.75 million worth of iron ore, with imports on the level of $8.87 million.
In January-November Ukraine produced 61.08 million tons of iron ore concentrate, down by 3% YoY.
In January-September Ukraine increased its iron ore raw materials exports to Turkey by 21.3% YoY, to 1.05 million tons.
In October Ukraine produced 6781 thousand tons of iron ore and iron ore concentrate, up by 0.8%, or by 56 thousand tons MoM.
In October Ukraine exported $152.73 million worth of iron ore, with imports on the level of $5.49 million.
In January-October Ukraine produced 55.41 million tons of iron ore concentrate, down by 3% YoY.
The government of the so-called Donetsk People’s Republic, a terrorist organization, supported by the Putin regime, plans to import iron ore raw materials from the Kursk Magnetic Anomaly in Russia as an alternative to Ukraine.