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Ukrainian Metal
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The largest Ukrainian mining and metal company Metinvest has said that its enterprises are operating under Ukrainian law and its Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works (both based in Donetsk region) have been re-registered in Ukrainian controlled Mariupol, and has expressed hope that VAT for exported goods will be refunded.
In August the major VAT-reimbursement receiver among the mining-metallurgical companies was ArcelorMittal Kriviy Rih with 535.1 million UAH.
For the first time since the beginning of 2014 Ukrainian metal sector has shown some rise. August results confirm the first half-year trend in output increase. In August Ukrainian companies produced 9% more steel, than a year ago.
State Safety Service has stopped the VAT-reimbursement to Metinvest-Ukraine, Khartszysk Pipe Works and Yenakievo Iron and Steel Works, belonging to Rinat Akhmetov.
As of September 1, DTEK thermal power stations warehouse 1.14 million tons of coal. Provided the deliveries face no hindrance, coal stocks will be further increased.
In the first half year of 2015 Ferrexpo-controlled Poltava Mining and Processing Works (PGOK) paid over 434 million UAH to the Ukrainian budgets as taxes and fees.
The General Prosecutor’s Office of Ukraine reported that the Muzhievo gold mine had been restored to the state.
In January-August Zaporizhstal produced 2.62 million tons of steel, up by 1.3% YoY.
