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Daily Archives: 05.12.2018

Ukraine: Metinvest EBITDA up in January-September 2018

Metinvest Group of CompaniesBy admin05.12.2018Leave a comment

In January-September Metinvest increased EBITDA by 47% YoY, to $2.01 billion. The increase is due to the growth of metal segment profitability by $749 million. Mining EBITDA dropped by $146 million, while corporative expenses decreased by $39 million. The share of the metal segment in EBITDA reached 54% (26% in 9 months of 2017), and…

Ukraine: Metinvest capital investments up in January-September 2018

Metinvest Group of CompaniesBy admin05.12.2018Leave a comment

In January-September Metinvest doubled its capital investments YoY, to $620 million. Scheduled repairs accounted for 61% of investments (89% in 9 months of 2017). Metal division received 63% of investments and mining – 36%, with corporate expenses at 1%. Last year they were 43%, 55% and 2% respectively. The main investment projects at Mariupol Ilyich…

Ukraine: Zaporizhstal output up in November 2018

ZaporizhstalBy admin05.12.2018Leave a comment

In November Zaporizhstal produced 330.7 thousand tons of steel, up by 10.1% YoY. According to the company statement, pig iron output grew by 7.8%, to 341.7 thousand tons, and rolled metal – by 44.6%, to 269.3 thousand tons. In January-November the company increased steel manufacture by 5.4% YoY, to 3.762 million tons, pig iron –…

Russia: ZTZ sales up in November 2018

Zagorsky Pipe WorksBy admin05.12.2018Leave a comment

Thanks to the increase in large-diameter pipe output, Zagorsky Pipe Works has been able to reach the highest volume of sales. In November ZTZ shipped 62.047 thousand tons of pipes, including 60.472 thousand tons of large-diameter pipes. Last month the company mostly produced for Gazprom. As of today ZTZ has orders for next year to…

Russia: ChMK produces rebars for land reclamation in St. Petersburg

Chelyabinsk Iron and Steel WorksBy admin05.12.2018Leave a comment

Chelyabinsk Iron and Steel Works has produced 1.2 thousand tons of rebars for the construction of the land reclamation on the Vasilyevsky island in St. Petersburg. The city is carrying out a project to construct a Sea Façade. It includes a sea passenger port and new housing. The construction uses 35G2S and 35GS alloyed rebars…

Russia: Amurstal to produce 650 thousand tons in 2018

AmurstalBy admin05.12.2018Leave a comment

Amurstal CEO Sergey Kuznetsov said that this year the company annual output target had been fulfilled – 650 thousand tons had been produced. Next year the plant intends to produce 1 million tons. Earlier media reported that Amurstal might be purchased by Chinese investors. But the CEO refuted such reports, saying there were no negotiations…

Russia: Druza gold output up in January-November 2018

goldBy admin05.12.2018Leave a comment

As of December 3 Druza LLC has extracted 975.4 kg of gold in Irkutsk region, up by 5.6% YoY. Nevskoye gold ore deposits yielded 872.4 kg, with 103 kg obtained from alluvial sites. The company is developing alluvial gold sites in 3 districts of the region. This year Druza intends to extract 1030 kg of…

Azerbaijan: palladium price up on December 5, 2018

precious metalsBy admin05.12.2018Leave a comment

Precious metal prices varied in Azerbaijan on December 5, according to the data published by the Central Bank. The price of gold decreased by 3.349 manats, to 2,099.364 manats per ounce on December 5 compared to the price on December 4. The price of silver dropped by 0.0498 manats, to 24.5743 manats per ounce. The…

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