KYIV. March 28 (Interfax-Ukraine) – Ukraine raised steel roll exports 15% year-over-year in January through February 2016 to 2.8 million tonnes, the Metallurgprom association said in a research note.
The total included 1.28 million tonnes of semi-fabricated products (a rise of 7%).
Pig iron exports jumped 62% to 390,000 tonnes, while ferroalloy exports decreased 17% to 120,000 tonnes.
Exports of flat products increased 25% to 800,000 tonnes, while exports of long products by 19%, to 690,000 tonnes.
The share of exports of total steel roll was 82% compared to 79% in January through February 2015. The share of semi-fabricated products was 46%.
Internal consumption over the period remained steady at 600,000 tonnes.
Ukrainian metal companies in 2015 reported a 15.3% decline in metal products exports, to 17.1 million tonnes.
KYIV. March 25 (Interfax-Ukraine) – Ukraine in January-February 2016 increased electricity exports by 42.2% compared to the same period in 2015, to 708.637 million kWh, a source in the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania for the two months increased by 7% compared to January-February 2015, to 531.213 million kWh.
Electricity supplies to Poland amounted to 174.831 million kWh, while in January-February 2015 they were not carried out.
In January-February 2016 Moldova was supplied 2.593 million kWh of power, Belarus was not supplied electricity.
Ukrainian electricity was not exported to Russia in January-February 2015 and January-February 2016.
At the same time, in February 2016 exports of Ukrainian electricity amounted to 363.033 million kWh, which is 61.5% up year-on-year.
In addition, Ukraine in January-February 2016 imported 10.715 million kWh of electricity against 888.239 million kWh for the two months of 2015.
As reported, Ukraine in January-February 2016 exported electricity worth $29.49 million, in particular in February for $15.425 million. Hungary for the two months was supplied electricity worth $26.224 million, Poland for $3.083 million, Moldova for $180,000, other countries for $3,000.
KYIV. March 25 (Interfax-Ukraine) – Kyiv city authorities have assessed the cost of building the Podilsko-Vyhurivska subway line at UAH 31.5 billion.
This is outlined in the action plan for 2016-2018 on the implementation of Kyiv city development strategy until 2025 approved by Kyiv City Administration order No. 100 dated February 26, 2016.
According to the document, building of the line would help improving traffic coming from Troyeschyna, Lisny, Voskresenka and Raiduzhny areas and Rusanivsky Sady area which development is planned in the future.
According to the plan, UAH 635 million will be spent on construction of the line in 2016, 540 million in 2017, UAH 2.692 billion in 2018, using budget funds, own funds of Kyiv Metropoliten and other sources of financing.
The first phase of the Podilsko-Vyhurivska subway line will have six stations: Hlybochytska (interchange station with Lukianivska), Podilska (interchange station with Tarasa Shevchenko), Sudnobudivna (on the Rybalsky Island), Trukhaniv Ostriv, Zatoka Desenka and Raiduzhna. The line will next be extended to the Troyeschyna area along Mayakovsky Avenue and from Lukianivka via the main railway station of Kyiv to the Kyiv airport in Zhuliany.
Kyiv Metropoliten in February 2016 announced a tender to buy design works (the feasibility study) on building the fourth subway line.
KYIV. March 25 (Interfax-Ukraine) – Ukrainian steel companies in 2016 could increase steel smelting by 15% compared to 2015, to 26.5 million tonnes if the ongoing production pace is kept.
“We see growth by some 15% in the first two months of the year and 22 days of March. If the trend retains, we will produce 26.5 million tonnes of steel this year,” Head of Ukraine’s Federation of Metallurgists Serhiy Bilenky said at a roundtable held in the profile parliamentary committee on Tuesday.
Representatives of metal companies said that a shortage of scrap metal could entail the decrease in steel smelting. They urged the government, particularly, the Economic Development and Trade Ministry, to use a statesmanlike approach to the provision of Ukrainian metal producers with scrap metal and not to stimulate its exports.
The Metallurgprom association (Dnipropetrovsk) told Interfax-Ukraine that a stable trend of boosting steel production has been seen in the past months.
“Daily production in January was more than in December. In February it was more than in January and in March smelting increased more,” Metallurgprom said.
KYIV. March 25 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has created an organization committee to prepare and hold a meeting of the International Monetary Fund (IMF) and World Bank group member countries headed by the Netherlands in Kyiv on June 3 through June 5, 2016.
The decision is outlined in cabinet resolution No. 195-r of March 10, 2016.
According to the document, the organization committee includes the governor of the National Bank of Ukraine (NBU) – head of the committee (under her consent), finance minister – deputy head of the organization committee, economic development and trade minister, deputy foreign minister, deputy culture minister and deputy interior minister.
The committee will also include deputy head of the State Guard department (under his/her consent), deputy infrastructure minister, deputy justice minister, deputy head of the State Border Service, deputy head of the Kyiv City Administration, deputy head of the department of state affairs (under his/her consent), first deputy head of the state committee for television and radio broadcasting, deputy director general of Boryspil International Airport (under his/her consent) and deputy director general of Kyiv International Airport (Zhuliany, under his/her consent) and a representative of the cabinet’s secretariat.
KYIV. March 24 (Interfax-Ukraine) – United Mining and Chemical Company, managing Vilnohirsk mining and metallurgical combine (Dnipropetrovsk region) and Irshansk mining and processing complex (IGOK, Zhytomyr region), in 2015 posted a net profit of UAH 631.8 million.
According to the Ministry of Economic Development and Trade’s presentation on the results of work of the largest state-owned enterprises of Ukraine for 2014-2015, the company’s revenue was UAH 1.829 billion in 2015.
Comparable data for 2014 are not provided.
The press service of the company told Interfax-Ukraine that the company’s pretax profit in 2015 amounted to UAH 773 million.
As reported earlier, the company in January-September 2015 saw a pretax profit of UAH 414.5 million, its net profit amounted to UAH 238 million, income stood at UAH 1.167 billion.
United Mining and Chemical Company sells its products in more than 30 countries. The main markets of the company are the EU, China, Turkey, the United States, and Africa.
