The year 1999 on the whole saw poor performance of the Ukrainian mining, iron & steel industries. On February 2, 2000, participants of the general meeting of founders and members with the Ukrainian Association of Ferrous Metallurgic Enterprises arrived to

The year of 1999 proved to be the most rewarding as regards output of cast iron, steel, rolled metal, agglomerated ore and coke out of the last six years.

In 1999 Ilyich Iron & Steel Works managed to overcome a negative tendency for decrease in manufacturing output, which was traced in the second half of 1998, and to lower negative returns on production.

Throughout 1990-1999 Ukraine’s iron & steel industry was subject to extensive structural adjustments relating to output of principal products, use of resources, internal and external exchange of commodities, pricing policies, finance and lending, ownershi

New domestic equipment can considerably raise competitiveness of hot-rolled flat products.

Casting-rolling stations revolutionize steel rolling processes.

The mining and metallurgical complex is a principal sector of the Ukraine’s economy. After the common economic zone of the former USSR collapsed, mining and metalmaking have actually turned into the backbone of the national economy for Ukraine.