The largest receivers of the VAT-reimbursement in October were Dneprovsky Iron and Steel Works named after Dzerzhinsky (578.1 million UAH) and ArcelorMittal Kriviy Rih (430.8 million UAH).
DTEK Pavlogradugol mine groups are working stable. So far they have mined 14.7 million tons of coal.
Interpipe could return to the Russian steel pipes market if the Rouble gets stronger and the prices increase.
In January-October Mariupol Ilyich Iron and Steel Works produced 2.02 million tons of rolled metal, down by 28.2% YoY.
Dneprospetsstal supervisory board has extended the term of office of its acting chairman Vitaly Kornievsky for 3 months.
Interpipe sees another rise of railroad tariffs as critical.
In 2014-2015 the largest Ukrainian private mining-metallurgical group Metinvest went through the hoops of military activities in the East, but it still carries on modernization of its companies and lends a helping hand in rebuilding the destroyed infrastructure of the region.
The chairman of the Independent trade union of the miners of Ukraine Mikhail Volynets believes the labor safety level in the coal industry is rapidly falling, and could lead to increase of the fatal accidents at mines.
The Supervisory board of Artemovsk Non-Ferrous Processing Works (AZOTSM, Donetsk region) has dismissed Igor Shutov from the office of the chairman of the board and appointed Vitaly Malykhin instead.
Fitch Ratings has affirmed Interpipe’s long-term issuer default rating (IDR) at ‘RD’ (Restricted Default), Fitch said in a press release.
Shareholders of the Artemovsk Non-Ferrous Metals Processing Works (Donetsk regions) have dismissed Vadim Shpakovsky from the office of the chairman of the supervisor board, and appointed Roman Kipot instead.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, has announced a tender for delivery of 8.37 million cubic meters of natural gas in 2016.
Metinvest B. V. (the Netherlands) has consolidated 87.14% of Avdiivka Coke and Chemical Works (Donetsk region).
Ferrexpo plc, owner of the Poltava Mining and Processing Works, has appointed David Frauman its non-executive director.
In January-September Severniy Mining and Processing Works (SevGOK, a part of Metinvest) received 32.15 million UAH of net profits, as opposed to 2040.28 million UAH of profits in the corresponding period of 2014.
Mariupol Ilyich Iron and Steel Works (Donetsk region) decided to close its representative office in Kiev. The corresponding decision was taken on October 29 by the supervisory board due to the economic expediency.
ArcelorMittal Kriviy Rih primary organization of the metal and mining trade union demands from the company CEO Paramjit Kahlon to stop decreasing the employee number.
The Donetsk regional court of appeals has lowered the bail for the Krasnolimanskaya coal company CEO Konstantin Kiselev, detained for plunder. In particular he could be set free for 5 million UAH, instead of 20 million UAH.