Ferrexpo has decided to dismiss 40% of Poltava Mining and Processing Works employees.
In November Ukraine exported $32.48 million worth of pig iron, with imports on the level of $0.11 million.
Austria suspects Bollwerk AG and Steuermann GmbH, controlled by the people’s deputy Nikolay Martynenko, of reselling uranium and titanium at high prices abroad, to Russia in particular.
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH22.904* min max September 154 157 October 131 133 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
The ISD Corporation ponders the registration of its Alchevsk Iron and Steel Works on the Ukraine-controlled territory.
In 2016 scrap procurement in Ukraine is expected on the level of 2015.
In November Ukraine exported $121.15 million worth of long rolled metal products, while imports reached $10.04 million.
Ferrous metals scrap is Ukraine’s main strategic raw materials of secondary resources, said 86% of the experts, surveyed under the “Strategic raw material resources for Ukraine’s development by 2020”. 64% said the scrap export limitations would promote the country raw material security.
In November Ukraine exported $9.62 million worth of ferrous metals scrap, with imports on the level of $0.13 million.
The Ministry of infrastructure plans to increase railroad transportation tariffs by 30% in 2016. This will lead to the further recession in Ukrainian economy.
The State Security Service and the State Fiscal Service have exposed a scheme to legalize coal, mined at the temporarily occupied territories.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* Export, Ukraine, $/t, FOB Black sea ports min max min max min max September 378.23 666.11 354.96 377.44 295.00 305.00 October 366.34 666.11 333.42 354.22 270.00 290.00 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15…Details
Velta claims the Leninsky District Court of Kirovograd is dragging out the investigation of the legitimacy of operation of the ore sands and ilmenite concentrate processing works.
In November Ukraine imported $9.67 million worth of manganese ore, while exports totaled $3.2 million.