Ukraine: Velta restores burned capacities
After the cancellation of the State Geology Service decree that blocked Velta operations the company started restoring its capacities destroyed by the fire.
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After the cancellation of the State Geology Service decree that blocked Velta operations the company started restoring its capacities destroyed by the fire.
In November Ukraine exported $51.5 million worth of ferroalloys, with imports on the level of $5.89 million.
The Ministry of Internal Affairs is investigating the Irshansk Mining and Processing Works, a part of the United Mining and Chemical Company, abuse while buying 5.6 million cubic meters of gas with transportation in May from Energy Trade Group.
In November Ukraine produced 68.2 thousand tons of ferroalloys, down by 0.7%, or by 0.5 thousand tons MoM.
Ferrexpo has decided to dismiss 40% of Poltava Mining and Processing Works employees.
In November Ukraine exported $32.48 million worth of pig iron, with imports on the level of $0.11 million.
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.
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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