The Industrial Union of Donbass (ISD) corporation doesn’t expect an aggressive recovery of its $60 million debt on behalf of the Cyprus-based Reachcom Limited, after the Ukrainian courts acknowledged the writ of the London International Arbitrary Court.
In January-September DTEK companies mined 21.4 million tons of coal, down by 25.6% YoY. Ordinary coal processing totaled 14.7 million tons, while concentrate manufacture fell to 8.9 million tons.
Implementation of the pulverized coal at Dneprovsky Iron and Steel Works named after Dzerzhinsky blast furnaces prevented the halt of the company, says the Industrial Union of Donbass (ISD) executive director Maxim Zavgorodny.
Last year Ukraine consumed 4.8 million tons of steel, down by 24% as compared with 2005.
In Q4 global market steel prices have fallen considerably.
Zaporozhye Titanium and Magnesium Works, a part of Group DF, has chosen the Institute of mining and chemical industry (Lviv) to carry out design and survey work for reconstruction of a part of spongy titanium manufacture and assembling site.
Workers from the mine named after Stakhanov in Donetsk region have gone on strike demanding the payment of the indebted salary.
Ukrainian stock exchange trades on November 16, ended with a sharp fall of Metinvest shares.
According to Vostochny Mining and Processing Works general director Alexander Sorokin, there is a state program to ensure that in 5 years all fuel stations will be 100% provided with uranium.
In October Ukraine exported $39.34 million worth of steel pipes, while imports totaled $10.09 million.
In October Luxembourg-based Coal Energy S.A. with assets in Ukraine mined 47.14 thousand tons of coal, up 9.4 times, or by 42.12 thousand tons, YoY.
State enterprise Lvivugol intends to increase its coal output two times, or by 1.5 million tons, to 3 million tons by 2020.
Law-enforcers have uncovered a scheme of coal thieving from DTEK Pavlogradugol mines and slagheaps. 30 tons of coal have been confiscated.
In October Ukraine exported $152.73 million worth of iron ore, with imports on the level of $5.49 million.
Volnogorsky Mining and Metallurgical Combine has concluded an agreement with Delfis-prof to supply 18.79 million UAH worth of polypropylene containers.
Vostochy Mining and Processing Works has chosen the insurance company Providna (Kiev) as the insurer of its motor transport.
In October Ukraine exported $72.66 million worth of ferroalloys, while imports reached $5.68 million.
Ukrkoks association supports coke import restrictions.
In October Ukraine imported $12.86 million worth of manganese ore and didn’t export it at all.
Central Mining and Processing Works has given 1.5 million UAH for landscaping and public amenities of its hometown of Kriviy Rih.
In October Ukraine imported $23.79 million worth of coke, with exports on the level of $5.29 million.
For the past ten years Ukraine has been #2 steel ingots and semi-finished products exporter, according to WorldSteel, #1 being Russia.