Salaries in the mining & metals sector of Ukraine increased for most positions in July

In July 2020, average salaries in Ukraine’s mining & metals sector increased in all segments, but a growth was mainly minor. The highest dynamics was recorded at mining companies, an average growth of 13.7% to ₴19.8 thousand, according to the data of the Trade Union of Metallurgists and Miners of Ukraine (TUMMU).

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

  • coke industry — ₴20.7 thousand (+10.4%);
  • pipe industry — ₴13.2 thousand (+0%);
  • iron and steel industry — ₴17.9 thousand (+4.2%);
  • non-ferrous metals industry — ₴10.2 thousand (-0.1%).

In July, the average salary in industry was ₴13.1 thousand (+5.8%) against Ukraine’s average of ₴11.8 thousand (+1.9%).

As GMK Center reported earlier, in June 2020, companies of the mining & metals sector of Ukraine reduced their average salary by 1.4–9% against May. A positive trend was recorded only at pipe companies, where employees’ income increased by 1.3% to ₴13.2 thousand on average.

In 2019, salaries in the mining & metals sector were up by an average of 25–30%. Salaries of employees of coke plants were the highest last year, whereas those of employees of pipe and ferroalloy companies were the lowest.

Share
Published by
Aleksandr
Tags: iron and steel industry of Ukraine salaries Ukraine’s iron and steel industry
  • Companies

Salzgitter reduced steel production by 7.5% q/q in Q1

German steelmaker Salzgitter AG cut steel production by 7.5% to 1.55 million tons in January-March…

Tuesday May 13, 2025
  • Global Market

Malaysia imposes anti-dumping duties on certain types of flat products

The Ministry of Investment, Trade and Industry of Malaysia has announced the introduction of final…

Tuesday May 13, 2025
  • Companies

Marcegaglia increases investment in the restart of its plant in France to €800 million

The Italian steel group Marcegaglia has announced an increase in investment in the restart of…

Tuesday May 13, 2025
  • Global Market

Nucor cuts hot rolled coil prices for the second time in May

American steel company Nucor has announced a reduction in the weekly spot price (CSP) for…

Tuesday May 13, 2025
  • Global Market

India considers countermeasures against US steel duties

India is considering imposing import duties on certain goods produced in the United States in…

Tuesday May 13, 2025
  • Companies

Polish Defense Ministry disputes the updated cost of Huta Częstochowa

Poland's Ministry of Defense (MON) has filed an official protest with the Czestochowa Commercial Court…

Tuesday May 13, 2025