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Ukrainian Metal
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Electricity supplies to Zaporozhye Titanium and Magnesium Works have been decreased to the minimal level needed to prevent emergencies. This was the result of the company electricity debts of 193 million UAH as of February 1.
The supervisory board of DTEK PES-Energougol dismissed Igor Koval from his office of the director and appointed the technical director of DTEK Donetskoblenergo Alexander Kozhukhar instead.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max November 195.92 303.56 December 190.46 322.79 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsThe Ministry of energy and coal industry of Ukraine is going to temporarily stop the construction of Novovolynskaya #10 mine due to the lack of finances.
The coal supplied from the Ukraine-uncontrolled territories of Donbass costs 1200 UAH per ton.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* min max November 55 121 December 55 114 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
DetailsIn 2015 the average salary at Poltava Mining and Processing Works increased by 20.2%, to 7088 UAH.
In January Zaporozhogneupor increased output by 3% YoY.
