In 2017 Ukraine imported 19.8 million tons of coal valued at $2.7 billion. According to the State Fiscal Service, Russia supplied $1.552 billion worth of coal (56.57%), USA – $682.01 million (24.85%), Canada – $182.2 million (6.64%) and other countries – $327.65 million (11.94%). Exports mostly went to Russia – $57.475 million (54.48%), Slovakia –…
In 2017 rolled steel sheet was the most sought after type of rolled metal. At present Russian market is witnessing a slight seasonal decrease in demand, which allows buying materials cheaper. Customers also leave their orders online more often, which simplifies the purchasing process. Steel sheet is used in machine-building, construction, agriculture, etc. (Ukrainian metal)
The potential investor of the insolvent KVV Liepājas metalurgs is given two weeks to consider purchasing the company, says Latvian Economy Minister Arvils Ašeradens. He admits that talks with the potential investor are not over; the investor wants to secure the most beneficial conditions in business negotiations. Latvian government is also highly interested in getting…
Standard&Poor’s has changed the rating forecast for Ferrexpo plc, owner of Poltava and Yeristovo GOKs, from Stable to Positive. On December 29, 2017 S&P improved the group rating following the “high productivity” shown lately. The agency has also confirmed Ferrexpo’s long-term rating at B-. The rating improvement is the result of the stable iron ore…