The Ukrainian mining-metallurgical sector is in decay. The leading companies are balancing on the edge of profitability. First of all, because of the problems with raw materials deliveries due to the military activity in the East. Iron ore extraction tax also affects this. For the past 1.5 years it has grown 20 times.
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 Yuzhny Mining and Processing Works (UGOK, Kriviy Rih) produced 1023.2 thousand tons of concentrate, up by 7.3%, or by 69.2 thousand tons YoY.
In June Yuzhny Mining and Processing Works (UGOK) produced 988.3 thousand tons of concentrate, up by 5% YoY.
In May Yuzhniy Mining and Processing Works (UGOK) produced 974.1 thousand tons of concentrate, down by 0.3% YoY.
In April Yuzhniy Mining and Processing Works (UGOK) produced 941.7 thousand tons of concentrate, up by 5% YoY.
In March Yuzniy Mining and Processing Works (UGOK, Kriviy Rih), produced 971 thousand tons of concentrate, up by 9.46%, or by 83.9 thousand tons, YoY.
In February Yuzhniy Mining and Processing Works (UGOK, Kriviy Rih, Dniepropetrovsk region) produced 871.9 thousand tons of concentrate, down by 0.9% YoY.