Ukraine: Metinvest not to fire its employees
Metinvest has no plans for massive firing of employees at its companies.
DetailsUkraine: UMCC claims prosecutors seek to destabilize it
The state enterprise United Mining and Chemical Company believes the investigation of the illegal mining of mineral deposits by its officials is a pure action to destabilize its operation.
DetailsUkraine: VostGOK to buy 11.3 million cubic meters of gas
Vostochny Mining and Processing Works is going to purchase 11.343 million cubic meters of natural gas in 2016.
DetailsUkraine: DTEK not to import coal by sea until debts returned
DTEK could import coal by sea only if the state enterprise Energorynok pays all its debts to the company.
DetailsUkraine: manganese output down in October 2015
In October Ukraine produced 147.5 thousand tons of manganese concentrate and sinter, down by 48.6%, or by 139.5 thousand tons MoM.
DetailsUkraine: Velta to fire 500 employees
Velta will have to fire 500 employees of its mining and processing works (ilmenite concentrate) in Kirovograd region after the State Geology Service canceled its titanium raw materials mining license.
DetailsUkraine: Zaporizhstal to be cut from electricity for VAT debts
Zaporizhstal has received a notification from the energy company Zaporozhyeoblenergo that it plans to stop electricity supplies to the works due to the breach of payment terms as the result of the state VAT debt of 822 million UAH.
DetailsUkraine: metal companies to relocate
Shareholders of the Makeevka Subsidiary of Yenakievo Iron and Steel Works, Komsomolskoye Mine Group and Donetskkoks (all from Donetsk region) plan to decide on the companies’ location at their meeting on December 17.
DetailsUkraine: metal works to halt
The further fall of the world steel and iron ore prices could result in Ukrainian metal works stopping operation.
DetailsUkraine: UMCC gets control over ZTMK
The state enterprise United Mining and Chemical Company has received a real control over Zaporozhye Titanium and Magnesium Works.
DetailsUkraine: coal supply stop affects metal market
Coking coal deliveries from Russia stopped several days ago, said Metinvest CEO Yuri Ryzhenkov.
DetailsUkraine: African coal to replace Russian
“To fully supply our thermal power stations we are actively seeking suppliers from the South African Republic. Two ships are now carrying coal to us. 168 thousand tons for Centreenrgo and 80 thousand tons for thermal stations. The first vessel with coal should arrive on December 4, the second – on December, 12. So in December we will have some additional 250 thousand tons of anthracite coals”, said the minister for energy and coal industry Vladimir Demchysin.
DetailsUkraine: Ore Group Yuzhnodonbasskoye #1 tried to steal 9 million UAH
Donetsk region prosecutor’s office has found out that in March the state enterprise Ore Group Yuzhnodonbasskoye #1 concluded an agreement with a private enterprise for the purchase of 9 million UAH worth of wood.
DetailsUkraine: General Prosecutor investigating UMCC illegal mining
The General Prosecutor’s Office is investigating the illegal mining of mineral resources by the state enterprise United Mining and Chemical Company.
DetailsUkraine: Zaporizhstal conversing with pipe-makers
A group of pipe industry representatives visited Zaporizhstal. They discussed cooperation possibilities under the heavy economical conditions.
DetailsUkraine: the state to receive the most revenues with 30 euro per ton scrap duty
The export duty on ferrous scrap at the level of 30 euro per ton will bring Ukrainian budget the most revenues, says professor Alexei Smirnov.
DetailsUkraine: steelmaking pig iron price down in November 16-20, 2015
The state informational-analytical center Gosvneshinform reports the fall of the steelmaking pig iron export prices by 15%, or by $20, to $155-160 per ton, FOB Ukrainian ports.
DetailsUkraine: Jupiter VIG to work with KVV-Group
Insurance company “Jupiter life insurance Vienna Insurance Group” will work with one of the largest scrap holdings KVV-Group (both – Kiev).
DetailsUkraine: Obogatitel to process coal for Lisichanskugol
Lisichanskugol has chosen the Industrial company Obogatitel to process 35 million UAH worth of coal.
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