Ukraine: OSCE confirms coal removal to Russia
The OSCE mission observers at the border posts Donetsk and Hukovo (both in Russia) have witnessed coal removal from Lugansk region to Russia.
The OSCE mission observers at the border posts Donetsk and Hukovo (both in Russia) have witnessed coal removal from Lugansk region to Russia.
According to the ex-head of the Donetsk Regional State Administration Sergey Taruta, flooded mines of Gorlovka and Artemovsk are beyond repair.
Once the single largest source of hard currency, accounting for 38% of Ukraine’s export revenues in 2011, steel, iron ore and other metal exports have plummeted 24.5% since Russia’s war on Ukraine began last year.
For the Ukrainian steel industry 2014 was the worst in the last 15 years, worldsteel data shows.
In January-March Ukraine imported $405.23 million worth of coal and anthracite.
Some mines are still operating in the Lugansk region, controlled by Ukraine. These belong to Lisichanskugol and Pervomayskugol. In 2014 these companies produced 1 million tons of coal.
Alchevsk Iron and Steel Works (Lugansk region) has no plans to start working in October.
Due to the problems with raw materials delivery 7 mining-metallurgical companies, situated in the East of Ukraine, have halted their operation.