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)

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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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