Ukrainian rolled metal market capacity shrinks
According to Dmitrii Lippa, CEO of “Metinvest-SMC”, in January-August Ukrainian rolled metal market capacity decreased by 5%, to 3.198 million tons, YoY.In particular, in the given period angle sales...
View ArticleUkrainian metal companies decrease investments into reconstruction
In January-September Ukrainian metallurgical companies decreased capital investments into technical overhaul and modernization by 27.5%, or 783.2 billion UAH, to 3,695 billion UAH YoY. In 2013...
View ArticleUkraine: 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%. According to the State Statistics Service data, in annual...
View ArticleUkraine: Euroasian Economic Commission rods investigation continues
Euroasian Economic Commission has informed of the prolongation of the antidumping investigation of hot-rolled carbon and alloyed steel rods, produced in Ukraine and exported to the Customs Union. The...
View ArticleUkraine: 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,...
View ArticleUkraine: 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...
View ArticleUkraine: 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. Of this amount, 6 billion is owed directly to metal...
View ArticleUkraine: net income of metal companies in January-May 2015 up
In January-May Ukrainian metal companies decreased their pre-tax loss by 14.1%, to 11 billion UAH from 12.8 billion UAH in 2014. In the given period the financial results of operational activities were...
View ArticleUkraine: metal companies losses down to 12 billion UAH
In January-June Ukrainian metal companies received 12 billion UAH of losses, down by 5.5% YoY. Operational profits of the mining-metallurgical sector grew to 8.3 billion UAH from 2.8 billion in...
View ArticleUkraine: metal companies to face hard times
The experts don’t expect a noticeable increase in Ukrainian metal output or export this year. “Volumes will remain almost the same. World metal prices have lowered, and will decrease more, as the raw...
View ArticleUkraine: metal sector to strive when China shuts down
Ukrainian metal situation will be difficult until the ineffective capacities in China close down. “Steel prices are low because of the overproduction and the not so fast increase of demand. That’s a...
View ArticleUkraine: Sumy to sell valves to Ukrtransgaz
Sumy Machine-building scientific-production association has concluded a contract with Ukrtransgaz for the supply of a large batch of valves. In particular the contract stipulates the delivery of 160...
View ArticleUkraine: mining works in difficult situation
Ukrainian mining and processing works are in difficult situation, said the Metinvest Group CEO Yuri Ryzhenkov. He added there were both subjective and objective reasons for this. One of the main...
View ArticleUkraine: Donetsk region metal output up in September 2015
In January-September Donetsk region (without the antiterrorist operation zone) decreased its industrial output by 41.1%. At the same time September results were 16.9% better YoY. In particular, metal...
View ArticleUkraine: steel suffering from low quality
The quality of Ukrainian steel is low, while its prime cost is high. “Ukrainian ferrous metallurgy has long been in the system crisis as the result of technical and technological backwardness. Company...
View ArticleUkraine: Dniepropetrovsk metal industry increases output
Revival of the Dniepropetrovsk region industry is underway. For the second month in a row local companies increase their output. “Metallurgy makes up 65% of the regional industry. So our main task was...
View ArticleUkraine: some Donbass works and mines restored
Due to the war in the East Ukraine lost half of its coal mining, while its metal industry fell by a quarter. “None would restore destroyed companies and repair damaged ones, that’s profitless and...
View ArticleUkraine: 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. Ukraine earned 7.6 billion UAH as opposed to...
View ArticleUkraine: metallurgy to see rise soon
Ukraine has unique natural conditions for the metallurgy development, so the industry will see a rise soon. However, the majority of metallurgical enterprises in the country have become obsolete....
View ArticleUkraine: metal industry starting to revive
In September Ukraine increased metal output by 3% YoY, according to the National bank recent report. The bank analysts have dubbed this “the breaking of falling tendency in metallurgy” and connected it...
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