Gaz-Alliance, controlled by the renegate businessman Sergey Kurchenko, has been appointed the only supplier of coal from the Kiev-uncontrolled territories. According to Vladislav Brig, a member of the so-called People’s Council of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, on March 14 the Russian Ministry of economic development prohibited the…
In 2017 Raspadskaya received $319 million of net profit, up 1.7-fold YoY. According to the company statement, its revenue grew 1.7-fold, to $868 million. The gross profit reached $459 million, up 2.2-fold YoY. (Ukrainian metal)
In 2017 ArcelorMittal Kriviy Rih increased net profit by 87% YoY, to $190 million (5.06 billion UAH). According to the company statement, net income totaled $2.489 billion (66.19 billion UAH). Investments last year reached $0.338 billion (9 billion UAH). “This year AMKR will continue investing in developing capacities. The planned amount for this year is…
In February metal exports from Ukraine dropped by 5.5% MoM, to 638.6 thousand tons. According to the state enterprise Derzhzovnishinform, revenue decreased by 4.4%, to $828.8 million. In January revenue from metal exports was $867 million. (Ukrainian metal)
In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%. According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%. As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)
In February Kuzbass mined 12.6 million tons of coal, up by 5.9% YoY. Underground output totaled 6.9 million tons, down by 6.2%. Coking coal mining reached 5.5 million tons, up by 3.8%, and power-generating coal – 14 million, up by 6.9%. In January-February Kuzbass yielded 38.6 million tons of coal, up by 3.5%. Factories processed…
In January Russia exported 711.6 thousand tons of flat unalloyed rolled metal, up by 1.6% MoM and by 17.8% YoY. According to the customs statistics, revenue grew by 3.5% MoM and by 41% YoY, to $421 million. The largest importer in January was Turkey (23.4%), followed by Iran (7.4%) and Poland (6.8%). (Ukrainian metal)
The shares of the Russian coal producer Raspadskaya dropped by around 15% on the Moscow Exchange after the company’s board of directors recommended paying no dividends for 2017, when the company’s net profit increased by 70%, to $319 million, according to the exchange’s data. The shareholders will consider the board’s recommendation at an annual general…
