UJ.com

Top 2 

                        THURSDAY, MARCH 28, 2024
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Most mining and metals companies are near bankruptcy, says CEO
Journal Staff Report

KIEV, April 17 – The majority of mining and metal companies in Ukraine have since 2014 been on the verge of bankruptcy, which they managed to avoid only thanks to the devaluation of the national currency and the improved competitiveness of Ukrainian products on foreign markets, Metinvest CEO Yuriy Ryzhenkov said.

He said that last year was the most difficult year for the Ukrainian steel market. Exports of rolled steel (without pipes) from Ukraine fell by 13%, to 20.3 million tons. The rolled steel domestic market narrowed by 22%, to 5.6 million tons, and this year it will reach the worst level since Ukraine's independence, which is linked to the downward pace of the key sectors that consume metal products.




Log in

Print article E-mail article


Currencies (in hryvnias)
  28.03.2024 prev
USD 39.23 39.14
RUR 0.425 0.422
EUR 42.44 42.44

Stock Market
  27.03.2024 prev
PFTS 507.0 507.0
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureAdvertisingSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio