Ukrainian Metallurgists Federation and Metal and Miner Union have addressed the President Petro Poroshenko asking him to prevent implementation of the new railroad transportation tariffs and review the balance of scrap procurement and local consumption for 2016.
Ukrainian Mining and Metallurgical Company has opened another metal supermarket in Kharkiv. This is the second site in the region. The first was opened in Solonitsevka.
The State Property Fund of Ukraine intends to sell some 450 state companies in 2016, including Odessa Port Works, Kievenergo, Azovmach and Mine named after Zasyadko.
A part of the workers of the Motronovsky Mining and Processing Works, that is being constructed, have been sent to paid vacations.
In 2015 Dniepropetrovsk Metal Construction Works named after Babushkin received 155.32 million UAH of losses.
In February scrap procurement totaled 181 thousand tons, with local market shortage at 53 thousand tons, or 23% of the needs (234 thousand tons).
Metal industry is the worst borrower for banks: past-due debts on loans reach 39.5%, with foreign currency loans amounting to 91.6%.
Boris Perepelitsa has been appointed the acting director of Lisichanskugol.
The Ministry of energy and coal industry has sent 63.7 million UAH to the state coal companies to clear their salary debts to miners.
Since the early 1990-th Dneprovsky Iron and Steel Works named after Dzerzhinsky has been stocking the material assets of the mobilization reserve.
In February ArcelorMittal Kriviy Rih received the most VAT reimbursement among metal and mining companies – 1.18 billion UAH.
In 2015 Zaporozhye Titanium and Magnesium Works produced 7.7 thousand tons of spongy titanium, up by 7% YoY.
In 2015 Dneprospetsstal decreased its net losses by 19.8% YoY, to 706.57 million UAH.
In January-February Zaporizhstal produced 584.7 thousand tons of rolled metal, up by 3.7% YoY.
The Commercial court of Kiev has renewed the case of Metinvest Holding against Alchevsk Iron and Steel Works for the recovery of 5.82 billion UAH.
In February Ukraine produced 1.97 million tons of steel, up by 1.7% MoM.