The pretax losses of Ukrainian metal companies (negative financial results from ordinary activities before taxation) rose by 84.4%, to UAH 22.5 billion, from UAH 12.2 billion as of the end of 2014, according to preliminary data.
In January Ukraine produced 6612 thousand tons of iron ore and iron ore concentrate, up by 7%, or by 431 thousand tons, MoM.
In January Ukrainian ferroalloy companies produced 82.6 thousand tons of ferroalloys, down by 0.5% YoY.
Metinvest has set up a trade representative in Spain – Metinvest Iberica. The company will be responsible for strengthening cooperation with Metinvest rolled steel consumers in Spain and Portugal and for services.
Euroasian Economic Commission has informed of the prolongation of the antidumping investigation of hot-rolled carbon and alloyed steel rods, produced in Ukraine and exported to the Customs Union.
In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).
In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.
In January Dneprospetsstal electrometallurgical works (Zaporozhye) produced 15.76 million tons of steel, down by 10.6% MoM.
In January Ukraine imported $37.42 million worth of coke with exports on the level of $1.74 million.
In 2014 Ukraine imported 1.14 million tons of rolled metal as opposed to 1.69 million tons in 2013 (68%).
In January Ukraine exported $66.91 million worth of steel pipes, with exports on the level of $5.09 million.
In 2014 Ukrainian metal companies exported 24.3 million tons of metal products, down by 7.6% YoY, worth $12.6 billion, down by 11.3% YoY.
In January Ukraine imported $12.09 million worth of manganese ore, while exports totaled $0.09 million.
In January Ukraine exported $206.53 million worth of iron ore, with imports totaling $14.77 million.
In January Ukraine exported $158.82 million worth of long rolled products, while imports reached $7.34 million.