Ukraine’s coal production in November was down 44% year on year to 4.12 million mt in November, which was 4.2% higher than October, an energy and coal industry ministry official said Wednesday, citing preliminary figures.
In January-November ArcelorMittal Kriviy Rih produced 5.09 million tons of rolled metal, down by 1.3% YoY.
In January-November Azovstal Iron and Steel Works, a part of the Metinvest group, produced 3.02 million tons of rolled metal, down by 24.5% YoY.
Metinvest Group of Companies forecasts the decrease of its output in 2014 by 10% from the planned volumes.
In October Ukraine produced 1921 thousand tons of steel, up by 6.3%, or by 114 thousand tons, MoM.
In October Ukraine exported $93.75 million worth of ferroalloys, with imports reaching $13.59 million.
Mr Volodymyr Demchishin, Ukraine’s newly-appointed minister of energy and coal mining industry, said that Ukraine may take out about 2 million tons of coal from the conflict-hit Donbas region.
According to data released by Metallurgprom industry association, Ukraine’s export values of semi finished steel products in October totaled USD 263 million and the import values amounted to USD 5.79 million.
In October Ukraine (not counting the temporarily occupied territory of Crimea) mined 2.3 million tons of coal, down by 58.8% YoY.
According to Metinvest Group of Companies, in 2015 Ukrainian rolled metal market would shrink by 15%.