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Ukrainian Metal

Ukrainian Metal

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Ukraine: ferrous exports revenue down in January-November 2016

According to the State Fiscal Service in January-November Ukrainian metal companies revenue from ferrous metals exports dropped by 11.8% YoY, to $6625.749 million. In November revenues from ferrous exports reached $632.86 million. Imports in January-November totaled $732.992 million, up by 13.9% YoY, with $58.416 million in November. (Ukrainian metal)

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Ukraine: DTEK losses to drop in 2016

In 2016 DTEK financial results will be negative. “We will have losses, but not that much as in the two previous years”, the company CEO Maxim Timchenko said. The losses decrease has to do with the re-evaluation of the company credit portfolio, decrease in exchange risks and world coal price rise. “This year the situation…

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