Ukraine: Ferrexpo to fire 40% of PGOK
Ferrexpo has decided to dismiss 40% of Poltava Mining and Processing Works employees.
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In November Ukraine exported $32.48 million worth of pig iron, with imports on the level of $0.11 million.
Ukraine: Austria investigating uranium and titanium sales
Austria suspects Bollwerk AG and Steuermann GmbH, controlled by the people’s deputy Nikolay Martynenko, of reselling uranium and titanium at high prices abroad, to Russia in particular.
Metals of Ukraine & Russia: scrap (grade 2a), October 2015
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH22.904* min max September 154 157 October 131 133 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
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The ISD Corporation ponders the registration of its Alchevsk Iron and Steel Works on the Ukraine-controlled territory.
Ukraine: 2016 scrap procurement to stick to 2015 levels
In 2016 scrap procurement in Ukraine is expected on the level of 2015.
Ukraine: long rolled metal export-import in November 2015
In November Ukraine exported $121.15 million worth of long rolled metal products, while imports reached $10.04 million.
Ukraine: experts say scrap exports must be limited
Ferrous metals scrap is Ukraine’s main strategic raw materials of secondary resources, said 86% of the experts, surveyed under the “Strategic raw material resources for Ukraine’s development by 2020”. 64% said the scrap export limitations would promote the country raw material security.
