Ukraine: railroad tariffs increase to kill metal makers
The Ministry of infrastructure plans to increase railroad transportation tariffs by 30% in 2016. This will lead to the further recession in Ukrainian economy.
The Ministry of infrastructure plans to increase railroad transportation tariffs by 30% in 2016. This will lead to the further recession in Ukrainian economy.
In November Ukrainian metal companies consumed 150 million cubic meters of gas, down by 5.7%, or by 9 million cubic meters MoM.
Metinvest reports the Cabinet of Ministers plans to have a meeting with metal companies on the mining-metallurgical industry problems.
In January-September Ukrainian metal companies decreased their domestic sales by 21.7% YoY, to 1.96 million tons (13.1% of the total output) from 2.5 million tons (13.3%) in January-September 2014.
German specialists have teamed to modernize and make Dniepropetrovsk region mines safe.
Russian embargo on Ukrainian products will mostly affect agriculture and metal sector.
In January-October Ukraine decreased its industrial output by 15.4% YoY.
Last year Ukraine consumed 4.8 million tons of steel, down by 24% as compared with 2005.