Resuming electricity exports will help both state and private coal companies to work steadily and keep their employees.
In January the Ministry of energy and coal industry received 50 million UAH to clear salary debts to miners. This month it plans to get 180 million UAH more.
Ukraine has received a grant from the government of Great Britain for the social support of the miners and the population of the mining regions, where coal companies will be closed.
DTEK modernizes the Pavlogradskaya central processing factory – one of the largest coal-processing enterprises of Ukraine.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 317.15 536.48 311.47 368.51 December 307.62 536.48 310.04 310.04 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the…Details
Mariupol Ilyich Iron and Steel Works has started producing galvanized coils according to EN 10346.
World metal market situation will not improve in 2016. The decline of economic development in Europe as well as the increase of steel manufacture in China will not allow Ukrainian mining and metallurgical complex to overcome crisis in the near future.
The chief IT-specialist of Zaporizhstal Sergey Fedchun has been named the winner of the VIII annual IT-directors competition among the mining-metallurgical companies.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max November 195.92 303.56 245.00 270.00 245.00 270.00 December 190.46 322.79 248.00 255.00 235.00 255.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15…Details
In January Zaporizhstal increased its pig iron output by 5.8%, that of steel – by 2.4% and of rolled metal – by 0.8%, all YoY.
In 2015 Berdyansk seaport (Zaporozhye region) processed 4.45 million tons of goods, up by 39.2% YoY.
In January Ukrainian metal companies increased carbon steel output by 3.4% YoY, to 1.93 million tons.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, has chosen Titan Ukrainy (Kiev) as the supplier of 18.5 thousand tons of ilmenite concentrate in 2016.
Dobropolye region taxpayers owe Pension Fund 23.19 million UAH.
The dominant local employers of Lisichansk are in a very difficult situation, as the state budget doesn’t provide for any money for coal companies development.