Ukraine: Azovstal sees fall in its output in January 2015
In January Azovstal Iron and Steel Works, a part of the Metinvest group, produced 244 thousand tons of rolled metal, down by 22.3% YoY.
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In January Azovstal Iron and Steel Works, a part of the Metinvest group, produced 244 thousand tons of rolled metal, down by 22.3% YoY.
Zaporozhye Titanium and Magnesium Works (ZTMK), a part of Group DF, produced 207 tons of titanium ingots in 2014, up 3 times YoY.
In January Yuzhniy Mining and Processing Works (UGOK) produced 960.5 thousand tons of concentrate, down by 1.7% YoY.
In 2014 Ukraine’s largest metal company Metinvest produced 4.79 million tons of coke, down by 22% YoY.
In December 2014 Dneprospetsstal produced 17.63 thousand tons of steel, down by 18.2% MoM.
January-September 2014 UK-based Ferrexpo Plc, controlling Poltava Mining and Processing Works, finished with the profit of $150.15 million.
Metinvest, the largest Ukrainian mining and metallurgical holding, in 2014 cut steel production by 26% in comparison with 2013, to 9.205 million tons.
Industrial prices in Ukraine after stability in December 2014 have started growing again, rising for the first month of the New Year by 2.3%.