Ukraine: metallurgy to see rise soon
Ukraine has unique natural conditions for the metallurgy development, so the industry will see a rise soon.
Ukraine has unique natural conditions for the metallurgy development, so the industry will see a rise soon.
In January-August the metal sector of Ukraine presumably decreased its losses by 11%, or by 1.8 billion UAH YoY, to 14.6 billion UAH, said Metallurgprom.
Due to the war in the East Ukraine lost half of its coal mining, while its metal industry fell by a quarter.
Revival of the Dniepropetrovsk region industry is underway. For the second month in a row local companies increase their output.
The quality of Ukrainian steel is low, while its prime cost is high.
In January-September Donetsk region (without the antiterrorist operation zone) decreased its industrial output by 41.1%. At the same time September results were 16.9% better YoY.
Ukrainian mining and processing works are in difficult situation, said the Metinvest Group CEO Yuri Ryzhenkov.
Sumy Machine-building scientific-production association has concluded a contract with Ukrtransgaz for the supply of a large batch of valves.