Ukraine: metal companies losses down in January-February 2016
In January-February Ukrainian metal companies decreased their pre-tax losses 3.2 times YoY, to 9.9 billion UAH (from 31.7 billion UAH).
In January-February Ukrainian metal companies decreased their pre-tax losses 3.2 times YoY, to 9.9 billion UAH (from 31.7 billion UAH).
Odessa city head deputies met with the representatives of the China Metal Construction-Engineering Corporation.
Ukraine has to impose mirror duties on Russian rolled metal, says Zaporizhstal CEO Rostislav Shurma.
The stop of the railroad connection with companies working on the temporarily occupied territory of Donetsk and Lugansk regions will worsen the economical situation in Ukraine.
Metal industry is the worst borrower for banks: past-due debts on loans reach 39.5%, with foreign currency loans amounting to 91.6%.
“In my opinion, the Ministry of infrastructure announced railroad transportation tariffs rise will not greatly affect mining companies”, said the Ukrpromvneshexpertisa analyst Dmitry Zheltyakov.
The future of the steel construction depends on the state policy in attracting investments and on the Ukrainian metal construction sales on new markets.
In January Ukraine produced 1920 thousand tons of pig iron, 1938 thousand tons of steel and 1689 thousand tons of rolled metal, up by 112% and 103% and down by 98% YoY respectively.