Prices at coke plants rose by 17% in October

Average salaries in Ukraine’s mining & metals sector increased in all segments

In October 2021, average salaries at coke plants in Ukraine grew by 16.7% to ₴19.4 thousand against the previous month, according to the statistics presented by the Trade Union of Metallurgists and Miners of Ukraine (TUMMU).

In general, salaries in the mining & metals sector of Ukraine increased in all segments in October, specifically:

• iron and steel industry — ₴20.75 thousand (+5.94% against September),
• pipe industry — ₴16.02 thousand (+5.2%),
• mining industry — ₴20.15 thousand (+1.53%),
• non-ferrous metals industry — ₴13.23 thousand (+4.5%),
• entire steel industry — ₴18.7 thousand (+5.3%).

Compared to October 2020, salaries in the mining industry grew by 10.1%, while salaries in the coke industry remained flat y-o-y. Salaries in the iron and steel, non-ferrous metals and pipes segments rose by 17.2%, 27.2% and 17.8% respectively.

According to the information provided by the State Statistics Service of Ukraine, in October, the average salary in the industrial sector was ₴15 thousand (-2.7%) against Ukraine’s average of ₴14.04 thousand (-1.4%). Salaries in the construction industry declined by 4.8% to ₴11.8 thousand. In mechanical engineering, salaries fell by 12% to ₴12.7 thousand, in energy by 9.1% to ₴18.9 thousand.

As reported earlier, in 2020, average salaries in Ukraine’s mining & metals sector of Ukraine increased in almost all segments against 2019.  The average salary in the steel industry rose by 3.1% over the year, while salaries at pipe and non-ferrous metals companies slightly decreased.