In January-September Ukrainian metal companies exported $5.37 billion worth of products. According to the State Fiscal Service, steel products account for 23% of the total exports. At the same time, Kriviy Rih was unable to supply iron ore concentrate to Europe due to the bad work of Ukrzaliznytsia. Metal companies also blame Ukrzaliznytsia for the…
Cargo railway transportation in Ukraine is on the brink of collapsing: there are no spare parts and cars and huge difficulties with fuel purchases. Ukrzaliznytsia problems greatly affect metal and mining companies. Ukraine has the highest port fees in the world, railroad transportation tariffs are constantly growing, and the gas transportation fees are very high.…
Ukraine produces some 200 thousand tons of castings per year. In 2015 it exported around 102 thousand tons. Russia (40796 tons, or 40.05%), Germany (8670, 8.51%), Poland (7266 tons, 7.13%), Kazakhstan (6103, 5.99%) and Czech Republic (2602 tons, or 2.55%) are the main consumers of Ukrainian castings. These countries take up 64% of Ukrainian exports.…
A metal structures works is planned to be constructed in Kropotkin (Krasnodarski Krai). The total cost of the project is 225 million rubles. The project capacity is 63 thousand tons of metal structures, 9.6 thousand tons of power transmission poles and 5.5 thousand tons of beam guardrails per year. (Ukrainian metal)
European integration of Ukraine is very important for the local mining and metallurgical complex. “The Ukrainian metal sphere was among the first to choose the European way of development. Europe has been our main consumer for the last 15 years. And for over 10 years we’ve been considering Europe our home market. So the European…
In August Ukrainian metal companies consumed 130 cubic meters of gas, up by 1.6% MoM, or by 2 million cubic meters. Daily average gas consumption totaled 4.2 million cubic meters. In January-August metal companies consumed 1.1 billion cubic meters of gas, down by 19% YoY, with average daily consumption at 4.6 million as opposed to…
Russian President Vladimir Putin issued a number of assignments after the meeting on rare-earth metals production and consumption held in Velikiy Novgorod on July 29, website of the Kremlin said. In particular, the government is tasked “to consider reduction of the mineral extraction tax (MET) rate in respect of rare and rare-earth metals” by December…
Because of the Ukrzaliznytsia problems with cargo transportation, metal works suffer from raw materials deficiency and lose market opportunities and export revenues. “Weak spots in railroad infrastructure, shortage of locomotives and fuel, ineffective coordination of Ukrzaliznytsia resources cost our country some $1.8 billion of not received foreign currency revenues in metal sector. And that’s almost…