Ukraine: mining works in difficult situation
Ukrainian mining and processing works are in difficult situation, said the Metinvest Group CEO Yuri Ryzhenkov.
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.
According to Deloitte’s list of 500 largest Central European companies in 2014, Interpipe received 14.5 million euro of net profit, though it finished 2013 with 55.2 million euro of losses. Interpipe’s income last year fell by 32.5%, to 770.5 million euro, which landed the company on place 274 from 160.
In January-July the Ukrainian metal industry received 14.3 billion UAH of losses, up by 15.3% YoY, or by 1.9 billion UAH.
In January-August Ukrainian metal companies consumed 1.38 billion cubic meters of gas, down by 22% YoY.
The experts don’t expect a noticeable increase in Ukrainian metal output or export this year.
In January-June electricity consumption in Ukraine decreased by 11.7% YoY.