Ukraine: metal companies losses down in January-August 2015
In January-August the metal sector of Ukraine presumably decreased its losses by 11%, or by 1.8 billion UAH YoY, to 14.6 billion UAH, said Metallurgprom.
In January-August the metal sector of Ukraine presumably decreased its losses by 11%, or by 1.8 billion UAH YoY, to 14.6 billion UAH, said Metallurgprom.
Due to the war in the East Ukraine lost half of its coal mining, while its metal industry fell by a quarter.
Revival of the Dniepropetrovsk region industry is underway. For the second month in a row local companies increase their output.
The quality of Ukrainian steel is low, while its prime cost is high.
In September Ukrainian metal companies consumed 154 million cubic meters of gas, up by 1.3%, or by 2 million cubic meters MoM.
Ukrainian mining and processing works are in difficult situation, said the Metinvest Group CEO Yuri Ryzhenkov.
Sumy Machine-building scientific-production association has concluded a contract with Ukrtransgaz for the supply of a large batch of valves.
Ukrainian metal situation will be difficult until the ineffective capacities in China close down.