Metinvest has set up a trade representative in Spain – Metinvest Iberica. The company will be responsible for strengthening cooperation with Metinvest rolled steel consumers in Spain and Portugal and for services.
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Euroasian Economic Commission has informed of the prolongation of the antidumping investigation of hot-rolled carbon and alloyed steel rods, produced in Ukraine and exported to the Customs Union.
In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).
In January Ukrainian metal companies produced 1.87 million tons of carbon steel, down by 25.2% YoY.
In January Dneprospetsstal electrometallurgical works (Zaporozhye) produced 15.76 million tons of steel, down by 10.6% MoM.
In January Ukraine imported $37.42 million worth of coke with exports on the level of $1.74 million.
In 2014 Ukraine imported 1.14 million tons of rolled metal as opposed to 1.69 million tons in 2013 (68%).
In January Ukraine exported $66.91 million worth of steel pipes, with exports on the level of $5.09 million.
In 2014 Ukrainian metal companies exported 24.3 million tons of metal products, down by 7.6% YoY, worth $12.6 billion, down by 11.3% YoY.
In January Ukraine imported $12.09 million worth of manganese ore, while exports totaled $0.09 million.
In January Ukraine exported $206.53 million worth of iron ore, with imports totaling $14.77 million.
In January Ukraine exported $158.82 million worth of long rolled products, while imports reached $7.34 million.
Ukrainian government has shortened the list of metal wares the export and import of which has to be licensed.