Metalloinvest has signed two long-term credit facility agreements with ING Bank guaranteed by export credit agencies (ECA). The funds will be used to purchase equipment for the implementation of investment projects at Ural Steel (part of Metalloinvest). One of the agreements, a EUR 11.5-million ten-year credit line guaranteed by Euler Hermes Aktiengesellschaft (Germany), will be…
In January-August Ukraine mined 26.175 million tons of coal, down by 11.5% YoY. According to the Ministry of energy and coal industry, of this 4.4 million tons were extracted at state mines, down by 16.4% YoY. In September Ukraine mined 2.6 million tons of coal, with 0.4 million tons extracted by state mines. The share…
In January-September metal consumption in Ukraine increased by 6.3% YoY. According to Ukrmetallurgprom, metal companies supplied 2.737 million tons of products to the local market against 2.574 million tons in 9 months of 2016. The local market share increased from 15.8% to 20.3%. At the same time exports dropped by 20.8% YoY, to 10.732 million…
