Ukraine: coal supply stop affects metal market
Coking coal deliveries from Russia stopped several days ago, said Metinvest CEO Yuri Ryzhenkov.
Coking coal deliveries from Russia stopped several days ago, said Metinvest CEO Yuri Ryzhenkov.
Metinvest companies have received automatic VAT reimbursement, says the head of the State Fiscal Service Roman Nasirov.
The overall debts of Metinvest in the first half-year of 2015 decreased by $162 million.
In July-September Metinvest produced 1141 thousand tons of coke, up by 19.47% QoQ, or by 186 thousand tons.
System Capital Management and Smart-Holding have bought 5% of Metinvest B.V. (the Netherlands) shares.
In July-September Metinvest produced 2082 thousand tons of steel, down by 5.45% QoQ, or by 120 thousand tons.
In January-June Metinvest B.V. (the Netherlands), parent company of the international vertically integrated mining and metallurgical group Metinvest, received EBITDA of $620 million, down by 63% YoY.
Metinvest, owner of the number of Ukrainian works, including Zaporizhstal, threatens to stop them.