Ukraine: DTEK not to import coal by sea until debts returned
DTEK could import coal by sea only if the state enterprise Energorynok pays all its debts to the company.
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Ukraine: manganese output down in October 2015
In October Ukraine produced 147.5 thousand tons of manganese concentrate and sinter, down by 48.6%, or by 139.5 thousand tons MoM.
Metals of Ukraine & Russia: beams (structural steel), October 2015
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* min max September 428.74 690.49 October 428.74 690.49 * – 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)
DetailsUkraine: Velta to fire 500 employees
Velta will have to fire 500 employees of its mining and processing works (ilmenite concentrate) in Kirovograd region after the State Geology Service canceled its titanium raw materials mining license.
Ukraine: Zaporizhstal to be cut from electricity for VAT debts
Zaporizhstal has received a notification from the energy company Zaporozhyeoblenergo that it plans to stop electricity supplies to the works due to the breach of payment terms as the result of the state VAT debt of 822 million UAH.
Metals of Ukraine & Russia: square billets (structural steel), October 2015
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max September 239.24 239.24 October 213.55 309.47 * – 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)
DetailsUkraine: metal companies to relocate
Shareholders of the Makeevka Subsidiary of Yenakievo Iron and Steel Works, Komsomolskoye Mine Group and Donetskkoks (all from Donetsk region) plan to decide on the companies’ location at their meeting on December 17.
Ukraine: metal works to halt
The further fall of the world steel and iron ore prices could result in Ukrainian metal works stopping operation.
