Ukraine: Metinvest and ISD short of Russian coal
Coking coal supplies from Russia to Metinvest and Industrial Union of Donbass (ISD) companies have been stopped.
Coking coal supplies from Russia to Metinvest and Industrial Union of Donbass (ISD) companies have been stopped.
Russia has stopped supplying power-generating and coking coal to Ukraine.
The Verkhovnaya Rada of Ukraine has made amendments to the Tax code and freed coal deliveries from VAT from July 1, 2017.
A decree has been registered in the Parliament that presupposes the allocation of funds to compensate the salary debts and pay wages to miners this year.
Miners union is displeased with the meeting with the minister for energy and coal industry Vladimir Demchyshin.
In October Ukraine consumed 4.56 million tons of black coal, up by 13.4% MoM.
In October Ukraine mined 2.7 million tons of black coal, up by 17.7% YoY.
The parliament has registered a decree to pay all debts and salaries to the state coal miners.