Salaries in the mining & metals sector decreased in most segments

In April 2021, average salaries in Ukraine’s mining & metals sector declined in most segments. Incomes of employees grew only at pipe companies, according to the data presented by the Trade Union of Metallurgists and Miners of Ukraine (TUMMU).

In April , average salaries in the mining & metals sector were as follows:

  • coke industry — ₴17.8 thousand (-18.4%);
  • iron and steel industry — ₴18.6 thousand (-16%);
  • mining companies — ₴18.6 thousand (-9.5%);
  • non-ferrous metals industry — ₴11.9 thousand (-0.7%);
  • entire steel industry — ₴17 thousand (-13.1%).

In April, the average salary in industry was ₴14.5 thousand (-3.5%) against Ukraine’s average of ₴13.5 thousand (-0.5%).

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

Share
Published by
Vadim Kolisnichenko
Tags: iron and steel industry of Ukraine salaries Ukraine’s iron and steel industry
  • Global Market

EU postpones some sustainability reporting requirements

At the end of April 2024, the European Council postponed for two years the introduction…

Monday May 20, 2024
  • Companies

Kametstal has expanded its line of longitudinal shaped sections SVP

Kametstal has expanded its line of longitudinal shaped sections at the rolling mill of the…

Monday May 20, 2024
  • Industry

Ukrainian Railways has canceled a number of pre-war scrap auctions

Ukrainian Railways (UZ) has canceled auctions for the sale of scrap on the Prozorro.Sale platform,…

Monday May 20, 2024
  • Infrastructure

China’s real estate investments in January-April decreased by 9.8% y/y

In January-April 2024, total real estate investment in China fell by 9.8% year-on-year – to…

Monday May 20, 2024
  • Companies

Metinvest cuts steel production by 5% q/q in Q1

Metinvest Group reduced its steel production by 5% quarter-on-quarter to 469 thousand tons in Q1…

Monday May 20, 2024
  • Companies

ArcelorMittal calls for a clear state decarbonization policy in Germany

Steel giant ArcelorMittal is calling on the German authorities to adopt a clear industrial policy…

Monday May 20, 2024