The Verkhovnaya Rada of Ukraine has made amendments to the Tax code and freed coal deliveries from VAT from July 1, 2017.
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Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 359.93 454.50 395.83 395.83 October 368.94 469.91 388.63 388.63 * – 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
In January-September Ukraine increased its iron ore raw materials exports to Turkey by 21.3% YoY, to 1.05 million tons.
In October Dneprospetsstal decreased steel output by 17.4% MoM, to 17701 tons.
In January-September Donetsk region export (not counting the antiterrorist operation zone) totaled $2.8 billion, down 2.5 times YoY.
A decree has been registered in the Parliament that presupposes the allocation of funds to compensate the salary debts and pay wages to miners this year.
Coal deliveries from Donbass territories occupied by Russia-supported terrorists have been stopped.
In October Ukraine produced 1156 thousand tons of bulk coke (6% moisture), up by 10.2%, or by 107 thousand tons MoM.
In January-September DTEK coal exports reached 1 million tons, down by 71.4% YoY.
In January-September the United Mining and Chemical Company received 1.16 billion UAH of net income, with net profit totaling 238 million UAH.
In October Ukraine produced 6781 thousand tons of iron ore and iron ore concentrate, up by 0.8%, or by 56 thousand tons MoM.
The United Mining and Chemical Company is working on behalf of the state, and not of the politicians, nor officials, answered the company to the accusations of the deputy Sergey Leschenko.
Velta has completely stopped its mining and processing capacities after the State Geology Service revoked its titanium raw materials mining license.