In November 2015 Metinvest produced 136 thousand tons of pig iron in ingots, down by 16.56%, or by 27 thousand tons MoM.
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Ukraine’s metal industry is among priorities for the authorities, but as for now it’s ineffective and not completely competitive.
In 2015 Ukraine exported $584.72 million worth of steel pipes, with imports on the level of $80.1 million.
On January 21, the Ministry of energy and coal industry transferred 38 million UAH to Lviv region to clear miners’ salary debts.
Coal mining in Ukraine (without the temporarily occupied territories of Crimea and the ATO Zone) in 2015 fell by 36.8% YoY, to 28.2 million tons.
In 2015 Alchevsk Iron and Steel Works produced 624 thousand tons of rolled metal, down by 72.6% YoY.
Ukrpromvneshexpertisa believes ferrous metals scrap prices on the local market will fall by 18.26% YoY, or by 670 UAH, to 3 thousand UAH per ton.
In November 2015 Metinvest received a negative EBITDA of $4 million, while in October 2015 the result was a positive $2 million.
Bondary and Dmitrovka villagers have allowed the Bilanovsky Mining and Processing Works to start mine workings at the Bilanovskoye ferruginous quartzite deposits.
The Ukrainian Stock Exchange has excluded Azovstal Iron and Steel Works, Mariupol Ilyich Iron and Steel Works and Severny Mining and Processing Works shares from the second level of listing and moved them into the exchange list.
Vostochny Mining and Processing Works will buy 33 types of bearings worth 1.69 million UAH from Podshipniksbyt Ltd.
The Commercial Court of the Zaporozhye region has ordered Zaporozhye Ferro Alloys Plant to pay 113.28 million UAH to the energy company Zaporozhyeoblenergo. The works has to make this payment till April.
The largest coke producer in Ukraine – Avdiivka Coke and Chemical Works – has put a new dust extraction system into operation that will allow it to extract up to 99% of dust at the coke crushing area of the coking plant #1.