Ukraine: domestic steel market to grow in 2016
Metinvest-SMC, the Metinvest metal center network, believes rolled metal consumption in 2016 would increase by 2.6% YoY, to 3.35 million tons.
Ukraine: metal prices down in October 2015
In October industrial products price index totaled 97.6% as opposed to 102% in September. This is without the temporarily occupied territories of Crimea and the ATO zone.
Ukraine: metal companies to halt without VAT reimbursement
According to the Ukrainian Federation of Metallurgists, the state owes 7 billion UAH of unpaid VAT to the mining-metallurgical complex of Ukraine.
Ukraine: mining-metal sector on the verge of bankruptcy
The majority of mining and metal companies in Ukraine have been on the verge of bankruptcy since 2014, which they managed to avoid only thanks to the devaluation of the national currency and the improved competitiveness of Ukrainian products on foreign markets, Metinvest CEO Yuriy Ryzhenkov said.
Ukraine: steel mills’ pretax loss 84.4% up due to credit tightening
The pretax losses of Ukrainian metal companies (negative financial results from ordinary activities before taxation) rose by 84.4%, to UAH 22.5 billion, from UAH 12.2 billion as of the end of 2014, according to preliminary data.
Ukraine: metal wares licensed export-import list shortened
Ukrainian government has shortened the list of metal wares the export and import of which has to be licensed.
Ukraine: industrial prices in January 2015 up by 2.3%
Industrial prices in Ukraine after stability in December 2014 have started growing again, rising for the first month of the New Year by 2.3%.
