Daily Archives: 13.01.2017

Russia: ZMZ debts selling with record discount

Zlatoust Iron and Steel WorksBy admin 13.01.2017 Leave a comment

Debts of the bankrupt Zlatoust Iron and Steel Works are being sold with a record-high discount. The right to demand debts of Metallurg-Resurs to ZMZ valued at 1069 million rubles is offered for 690 thousand rubles. Another lot valued at 120 thousand tons is for the right to demand debts at 152 million rubles. Metallurg-Resurs…

Ukraine: Ferrexpo pellets sales hit record in 2016

Ferrexpo, pelletsBy admin 13.01.2017 Leave a comment

In 2016 Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, increased iron ore pellets sales by 3.5% YoY, to a record of 11.7 million tons, while output dropped by 4% YoY, to 11.2 million tons. According to the company statement, the annual production of 65% Fe content pellets also hit a record, increasing by…