Burshtyn Thermal Power Station (Ivano-Frankovsk region) has declared that beginning with January 14 it is going to stop buying Lviv coal.
As of January 11, CIS hot-rolled coils cost $245-265 per ton FOB Black Sea, as opposed to $245-260 on December 28, 2015.
The state enterprise Lvivugol will receive 20 million UAH, said the Ministry of energy and coal industry in its statement. Money was transferred on January 13.
Several Ukrainian mines and one processing factory will be sold to a Switzerland-based company without any connection to coal industry.
Metinvest continues to reregister its companies from Ukraine-uncontrolled territories of Donbass in Mariupol.
The Cabinet of Ministers of Ukraine has accepted the usage of budget funds to increase capital stocks of mining companies in order to clear salary debts to miners.
A Lugansk region mining company has been suspected of tax evasion (4 million UAH).
A major shareholder of Dnepropetrovsk Iron and Steel Works named after Komintern (Kominmet) has sold his 22.4865% shares.
The Cabinet of Ministers plans to settle the matter of clearing salary debts to miners.
According to the Ministry of energy and coal industry, at the end of 2015 Selidovugol, Lvivugol, Nadezhda mine among others received new directors. This change of management is a part of the ministry program to optimize mining companies operation.
Dneprovsky Iron and Steel Works named after Dzerzhinsky plans to increase rolled metal, rebars and wire output in 2016.
Because of the Chervonograd Processing Factory, 63% of which is privately owned, Lviv mines cannot work full time, said Lvivugol acting CEO Andrei Dyachenko.
Centravis Production Ukraine has completed a requalification to supply stainless pipes to Abu Dhabi Gas Liquefaction Co Limited. The company was granted approval for the ordinary, tool and boiler pipes.
If the state supports Lvivugol with 480 million UAH in 2016, the enterprise will be able to work without losses in 2017.