Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
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In 2015 industrial product prices increased by 25.4%.
Ukrainian Mining and Metallurgical Company stated it lost 6 warehouses in Donetsk and Lugansk regions as well as Russia-annexed Crimea in 2014-2015.
Lugansk Casting and Mechanical Works, situated in the Ukraine-uncontrolled territory, has reregistered in Zaporozhye.
In 2016 metal consumption will grow, says Ukrainian Mining and Metallurgical Company CEO Valentin Sobchuk.
In 2015 Izmail trade seaport trans-shipment increased by 53% YoY.
The Ministry of energy and coal industry will provide 70 million UAH to clear salary debts to the state miners.
The Cabinet of Ministers of Ukraine has decided to turn the United Mining and Chemical Company as well as the Research and Design Institute of Titanium from the state enterprises into the public joint-stock companies, with 100% shares owned by the state.
In November 2015 Kiev consumed 39.4 million tons of coal, up by 12.8% MoM, but down by 21.1% YoY.
According to the first deputy chairman of the Lviv region state administration Rostislav Zamlinsky, Lvivugol miners have already yielded 7867 tons of coal in 2016.
In 2015 Donetsk region exports fell 2.4 times YoY. The region exported to 98 countries as opposed to 122 countries in 2014. Exports to European markets decreased by 38.3%.
In January-November 2015 Dniepropetrovsk region sold 264 billion UAH of goods, with 61% owing to processing industry and 24% – to mining.
In December 2015 ArcelorMittal Kriviy Rih and Zaporizhstal received the most VAT reimbursement among metal companies – 1.028 and 1.018 billion UAH respectively.