Ukraine: government is to blame for coal output fall
Coal output decrease in January-October was the result of the lack of financing from the state.
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Coal output decrease in January-October was the result of the lack of financing from the state.
As of November 8, Krasnolimanskaya Coal Company was switched to the life sustenance mode. Coal mining at the large company, employing over 4 thousand people, has been stopped. Official explanation is the ongoing accident aftermath liquidation.
Zaporizhstal has entered the final stage of its sintering shop reconstruction project – the works has stopped its sintering machine #3 to connect the main gas-purifying equipment.
Month Russian market, $/t, EXW, without VAT, $1/RUR66.237* Ukrainian market, $/t, without VAT, EXW, $1/UAH21.528* min max min max August 303.31 446.88 368.92 368.92 September 303.31 446.88 346.53 346.53 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.09.15 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn October Ukraine exported $58.79 million worth of pig iron, while its imports totaled $0.06 million. The corresponding volumes in September were $47.9 million and $0.04 million.
Energomashspetsstal will produce forged plates for Iron Acciai Speciali and Sider Ghezzi (both – Italy).
The state enterprise “Vostochny Mining and Processing Works” has announced a tender for the delivery of 155817.74 thousand kW-h of electricity in 2016.
In January-October Ukraine mined 33175.1 thousand tons of ordinary coal, down by 42.1% YoY, or by 24165.3 thousand tons.