Ukrainian Metal
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The National anti-corruption bureau is investigating the possible embezzlement and appropriation of funds by the officials of Vostochny Mining and Processing Works when it concluded the contract for the delivery of uranium oxide concentrate with Steurmann Investitions- und Handelsgesellschaft mbH (Austria).
In 2015 Ukraine imported $187.77 million worth of manganese ore, while exports reached $11.36 million.
Vostochny Mining and Processing Works couldn’t find an auditor company to confirm its financial reports for 2015.
In 2015 Ukraine produced 11606 thousand tons of bulk coke (6% moisture), down by 16%, or by 2215 thousand tons YoY.
Igor Kolomoisky, Gennady Bogolubov and Victor Pinchuk have peacefully settled the matter of the Krivoy Rog Iron Ore Industrial Complex privatization.
In 2015 Ukraine exported $1895.86 million worth of long rolled metal products, with imports on the level of $120.36 million.
Azovstal Iron and Steel Works is going to supply 16.7 thousand tons of steel sheet to IPIC (Egypt) in February.
In 2015 Ukraine produced 21878 thousand tons of pig iron, down by 11.8% YoY, or by 2939 thousand tons.
In 2015 Ukraine exported $2144.23 million worth of flat rolled metal, while imports reached $443.49 million.
In 2015 Ukraine produced 20016 thousand tons of rolled metal, down by 15.7%, or by 3735 thousand tons YoY.
In 2015 Ukraine exported $2542.03 million worth of steel semi-finished products, while imports reached $13.33 million.
In November 2015 Metinvest produced 136 thousand tons of pig iron in ingots, down by 16.56%, or by 27 thousand tons MoM.
Ukraine’s metal industry is among priorities for the authorities, but as for now it’s ineffective and not completely competitive.