Metals and mining, Ukraine Metals and Mining

Ukrainian metallurgical companies reduced iron ore raw materials production

In February 2017 the average daily production of saleable crude iron ore raw materials made up 130.2 thousand tons, which is by 16.3 thousand tons higher than in January 2017.

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Donetsk People’s Republic starts negotiations on supply of raw material from Russia to its metallurgical enterprises

The authorities of the Donetsk People’s Republic have begun negotiations with the largest ore mining and processing enterprises of Russia on the supply of raw materials in the interests of th

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Donetsk People’s Republic not to supply coal and metal to Kiev

Donbass  decided to abandon the supply of raw materials to Ukrainian metallurgical enterprises - from March 1st, 2017, the Donetsk People’s Republic stopped the deliveries of raw materia

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Coal mining in the Ukraine grew by 20%

In January –February 2017 coal mining (coking and thermal) in the Ukraine grew by 18.5% against January –February 2016.

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Ukrainian companies to receive coal on contract with SAR in May

Ukrainian companies should receive coal, which is contracted for May, from the South African Republic, the Ukrainian Minister of Energy and Coal Industry Igor Nasalik reports.

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Ferrexpo increased net profit by 6 times in 2016

The revenue of Ferrexpo in 2016 grew by 2.6% to $986.33 mln.
In 2016 Ferrexpo made $189.2 mln of net profit, that is by more than 6 times exceeds the results of 2015 ($31.46 mln).

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MMK n.a. Ilyich reduced loss by 10 times

In 2016 the Mariupol metallurgical plant n.a. Ilyich by the preliminary data reduced its loss by 10.4 times to 152.79 mln grivnas against 2015 (1.50 bln grivnas).

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Poltava GOK increased operational profit by 19%

Poltava GOK (in the structure of Ferrexpo) on the results of 2016 increased profit from operational activity by 19% to 3.2 bln grivnas against 2.7 bln grivnas in 2015.

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Azovsteel made over 500 mln grivnas of profit in 2016 against a loss in 2015

The metallurgical plant Azovsteel (in the structure of Metinnvest) on the results of 2016 made a net profit of 558.417 mln grivnas while ended 2015 with a net loss of 1 bln 835.472 mln grivnas.

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Metalloinvest denies negotiations on supply of iron ore to the Donetsk and Lugansk People’s Republics

Metalloinvest doesn’t negotiate on the supply of iron ore in the Donetsk and Lugansk People’s Republics, the company’s representative reports.

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