Ukraine has unique natural conditions for the metallurgy development, so the industry will see a rise soon.
Interpipe is working at 30-40% of its steel pipes capacities.
The largest receivers of the VAT-reimbursement in October were Dneprovsky Iron and Steel Works named after Dzerzhinsky (578.1 million UAH) and ArcelorMittal Kriviy Rih (430.8 million UAH).
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max min max August 358.49 569.93 427.12 453.32 September 358.49 569.93 381.52 453.32 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the…Details
DTEK Pavlogradugol mine groups are working stable. So far they have mined 14.7 million tons of coal.
Interpipe could return to the Russian steel pipes market if the Rouble gets stronger and the prices increase.
In January-October Mariupol Ilyich Iron and Steel Works produced 2.02 million tons of rolled metal, down by 28.2% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max August 297.24 297.24 September 261.80 261.80 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Dneprospetsstal supervisory board has extended the term of office of its acting chairman Vitaly Kornievsky for 3 months.
Interpipe sees another rise of railroad tariffs as critical.
In 2014-2015 the largest Ukrainian private mining-metallurgical group Metinvest went through the hoops of military activities in the East, but it still carries on modernization of its companies and lends a helping hand in rebuilding the destroyed infrastructure of the region.
The chairman of the Independent trade union of the miners of Ukraine Mikhail Volynets believes the labor safety level in the coal industry is rapidly falling, and could lead to increase of the fatal accidents at mines.