Average salaries in the mining & metals sector increased in all segments

In March, average salaries in Ukraine’s mining & metals sector increased in all segments, but a growth was mainly minor. The highest increase was recorded at iron and steel companies, 22.2% up to ₴19.7 thousand,

according to the Trade Union of Metallurgists and Miners of Ukraine (TUMMU).

In March 2020, salaries in the mining & metals sector were as follows:

• iron and steel industry — ₴19.7 thousand (+22.2%);
• coke industry — ₴17.5 thousand (+1.4%);
• mining industry — ₴17 thousand (+0.8%);
• pipe industry — ₴13.3 thousand (+2.2%);
• non-ferrous metals industry — ₴10.6 thousand (+0.9%).

In March, the average salary in industry was ₴13 thousand (+8.2%) against Ukraine’s average of ₴11.5 thousand (+5.5%).

As reported earlier, increase in salaries in the mining & metals sector in January slowed down. A slump in salaries was recorded at non-ferrous and pipe companies. In February, companies of the mining & metals sector of Ukraine reduced their average salary by 2.5–7.2% against the previous month. A positive trend was reported only at pipe companies.

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