Ukraine: UGOK output up in Q1 2017

In January-March UGOK produced 3.038 million tons of iron ore concentrate, up by 11.9% YoY.

According to the company statement, iron ore sinter production increased by 14%, to 450.8 thousand tons.

In March UGOK produced 1.05 million tons of concentrate, up by 13.4% YoY, sinter output dropped by 12.9%, to 111.9 thousand tons. (Ukrainian metal)

Ukraine: VostGOK profits up in 2016

In 2016 the state enterprise Vostochniy Mining and Processing Works increased its net profits 37.2-fold YoY, or by 480.617 million UAH, to 493.891 million UAH. According to the Ministry of energy and coal industry, the company net income in 2016 dropped by 5.8%, or by 164.107 million UAH, to 2680.422 million UAH, while its bulk…

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Ukraine: Lvivugol gets February 2017 salary

On March 28, the state enterprise Lvivugol received 11.8 million UAH of state financial support.

All the money was spent to pay salary to the miners.

According to the Lviv regional state administration department of fuel-energy complex and energy saving, thanks to this support, the February salary was paid in full. (Ukrainian metal)

Georgia: steel semis exports to Turkey up in January-February 2017

According to the National Statistics Office, in January-February the trade volume with Turkey, the country’s main trade partner, reached $198.39 million, including $35.04 million of exports (up by 17.3% YoY) and $163.35 million of imports (down by 3.5%). Non-alloyed steel and pig iron semi-finished products exports occupied the third position in the total Georgian exports…

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