Azovstal Iron and Steel Works repairmen have joined Metinvest-PromServis, and that positively affects their salary.
The Independent Miners Union of Ukraine, Volynugol and Novovolynskaya mine #1 have decided to invade the Yagodin customs if they are not paid 2.5-months salary debts.
Increase in railroad tariffs would worsen the coal industry crisis, leaving dozens of thousand of miners jobless.
The administration of Lugansk region has reported that due to the halt of the Pervomayskaya mine bilge complex mine waters could cause an industrial disaster.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 430.30 430.30 428.96 428.96 October 430.30 430.30 417.09 417.09 * – 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…Details
The Lugansk District Administrative Court named illegal the claims of the State Financial Inspection to recover debts from Lisichanskugol and cancel its agreement to process coal with Processing Factory #105.
In January-November Zaporozhye Iron Ore Complex (Dneprorudnoye, Zaporozhye region) produced 4.1 million tons of iron ore, down by 2.4% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max September 355.65 363.98 October 291.53 339.42 * – 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
In January-November Dneprospetsstal (Zaporozhye) produced 143 thousand tons of rolled metal, down by 13.3% YoY.
Dneprometiz is now capable of producing a new product – 1.4-2.2 mm diameter spring wire according to GOST 9389.
Vega has installed the digital phone line at the Severniy Mining and Processing Works instead of the old one.
Zaporozhye Ferro Alloys Plant could stop ferrosilicomanganese exports to Russia altogether if the Eurasian Economic Commission implements the import duty of 26.35%.
On December 1, Metinvest signed a standstill with the group of its creditors on pre-export financing till February 2016.