Ukrzaliznytsia has finished reconstruction of the railroad route Kamysh-Zarya – Volnovakha. Now 23 pairs of cargo trains and 4 passenger trains will use it every day. This will allow Mariupol metal companies to increase output. According to Metinvest, Ukraine was losing some $1 billion of revenues per year because of the damaged railroad infrastructure. (Ukrainian…
In January-September ferrous metals throughput in the Novorossiysk Sea Trade Port reached 10.03 million tons, up by 12.2% YoY. Iron ore raw materials throughput increased by 40.2%, to 2.14 million tons. Non-ferrous metals throughput dropped by 4.8% YoY, to 0.81 million tons. (Ukrainian metal)
The Ukrainian Prime Minister Vladimir Groysman will head the meeting of the Cabinet of Ministers on mining-metallurgical complex on October 24. Metal companies have also agreed to have separate meetings with power and transport companies. (Ukrainian metal)
Since 2010 the efficiency of the state-owned sea trade port Yuzhny increased two-fold thanks to the cargo of Ukrainian metal companies. “Our taxes have increased from 482 million UAH in 2010 to 960 million UAH in 2015”, the port director Alexander Lagosha explained. And the main reason for the payments increase was the stable loading…
In 2016 steel consumption in Ukraine is expected to increase by 30% YoY, to 4.4 million tons. In 2015 steel consumption dropped by 21.6% YoY, to 3.3 million tons. In 2017 analysts expect steel consumption to grow by 6% YoY, to 4.6 million tons. Steel consumption in Russia in 2016 will drop by 3.6% YoY,…
Industrial products prices increase totaled 2.6% in September after 0.2% rise in August. According to the State Statistics Service, since the beginning of the year prices have increased by 22.1% YoY, or by 19.6% YoY in September. Mining and quarry industry products price went up by 8.3%, in particular that of iron ore – by…
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.…