Ukraine: ferrous metals exports revenues down in January-April 2016

In January-April Ukraine decreased revenues from ferrous metals exports by 28.9% YoY, to $2072.39 million. According to the Customs statistics, ferrous metals totaled 19.16% of the export revenues as opposed to 23.25% in January-April 2015. In April ferrous metals export revenues reached $592.95 million. In the first 4 months Ukraine exported $209.61 million worth of…

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Ukraine: KhTZ increases supervisory board

Shareholders of Khartsyzsk Pipe Works have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all top-managers of Metinvest Holding and representatives of Metinvest B.V.) and Ivan Yurchenko (foreign economic activity legal support director of Metinvest Holding) have been appointed…

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Ukraine: no more Russian coal

This year Ukraine doesn’t plan to buy power-generating coal from Russia.

“Our stocks total some 3 million tons, and we will be increasing them. Our goal is to spread the coal, not get it. We have enough coal of our own”, said the energy and coal industry minister Igor Nasalik. (Ukrainian metal)

Ukraine: Turkey wants to buy mines

Turkey is interested in privatizing Ukrainian mines and is prepared to invest into coal industry development. “We had an interesting meeting with our Turkish partners. They can help us financially to revive the industry. They also plan to take an active part in our mine privatization”, said the energy and coal industry minister Igor Nasalik.…

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Ukraine: EMSS to produce equipment for SKMZ

Eneromashspetsstal will produce equipment for Starokramatorsky Machine-Building Works. In particular, EMSS will produce four spare parts weighing 53 tons. “We plan to deliver the upper drum, the bottom sprocket and the gear in the third quarter”, said the company in its statement. SKMZ specializes in the production of processing, precision, press-forging and materials-handling machinery. (Ukrainian…

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