Business news from Ukraine

UKRAINIAN COKE EXPORTS GROWS BY 30% IN JAN, IMPORTS 14.4% DOWN

7 February , 2017  

KYIV. Feb 7 (Interfax-Ukraine) – Ukrainian coke and semi-coke exports in physical terms grew by 30.1% year-on-year in January 2017, to 12,883 tonnes.

Coke and semi-coke exports in monetary terms rose by 21.6%, to $1.611 million, according to a customs statistics report issued by Ukraine’s State Fiscal Service.

Most exports went to Turkey (31.04% of total exports in monetary terms), Bulgaria (28.24%) and Lithuania (16.51%).

In January 2017, Ukraine’s coke and semi-coke imports amounted to 76,144 tonnes, 14.4% less than in January 2016. Imports in monetary terms rose by 44.5%, to $17.183 million. Imports mainly originated from Russia (51.37% of imports in monetary terms), Poland (47.8%) and the Czech Republic (0.83%).

As reported, in 2016 Ukraine boosted exports of coke by 7.4%, to 257,356 tonnes, and in money terms it fell by 14.8%, to $32.543 million. Ukraine imported 1.612 million tonnes of coke and semi-coke in 2016, and it was 20.9% less than in 2015. In money terms imports decreased by 25.7%, to $294.061 million.

Due to fighting in eastern Ukraine, some mines and coking chemical plants are now in territory which is temporarily uncontrolled by the Ukrainian government.

Donetsksteel industrial and financial group, which is a large producer of coal, coke, pig iron and rolled steel, is a major exporter of coke. The group incorporates PrJSC Donetsksteel metallurgical plant, PJSC Donetsk metallurgical plant, JSC Yasynivsky coking chemical plant, PrJSC Makiyivkoks, and JSC Coal Company Pokrovske (former Krasnoarmiiska–Zakhidna No. 1).

Many of these enterprises are now in territory which is temporarily uncontrolled by the Ukrainian authorities.

Viktor Nusenkis, a Russian businessman of Ukrainian origin, is the beneficial owner of the group.