Ukraine: pipe exports up in 2018

In 2018 Ukraine exported 657 thousand tons of pipes valued at $737.8 million. This is the highest result in the past 4 years. In 2015 Ukraine exported 594.1 thousand tons of pipes valued at $576.4 million. Thus, in 2018 exports grew by 9.5% and by 21.8% from 2015 respectively. Last year Ukraine exported 624.9 thousand…

Russia: S&P improves Metalloinvest rating

Standard and Poor’s has improved the long-term loan rating of Metalloinvest from BB/Stable to BB+/Stable.

The rating improvement has to do with the company debt decrease and good operational and financial results shown in 2018.

S&P has also improved the ratings of the Metalloinvest Finance DAC eurobonds from BB to BB+. (Ukrainian metal)

Russia: Evraz’s IFRS net profit up in 2018

The net profit of the U.K.-based mining giant Evraz, which operates mainly in Russia, more than tripled to $2.47 billion in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on February 28. Consolidated revenue rose by 18.6%, to $12.836 billion. Consolidated earnings before interest, taxes, depreciation and amortization…

Russia: UGMK-OTsM testing antimicrobial copper

Since 2017 Revda Non-Ferrous Metals Processing Works and Kirov Non-Ferrous Metals Processing Works have been producing rolled metal of antimicrobial copper and copper alloys under the Cu+ mark. Harmful microorganisms die within 2 hours after landing on its surface. In order to test the efficiency of the method to fight bacterial and viral illnesses, UGMK-OTsM…

Ukraine: EMSS to produce rolls for CSN

Energomashspetsstal will produce 11 supporting rolls with the total weight of 246 tons for Companhia Siderúrgica Nacional (CSN), Brazil.

According to the company statement, the first 6 rolls will be delivered in August.

And the other 5 – in February 2020. (Ukrainian metal)

Russia: UralKuz net profit up in 2018

In 2018 Uralskaya Kuznitsa increased its net profit by 46% YoY, to 3.829 billion rubles.

The company was able to sell 16.55 billion rubles worth of products, up by 30%.

Sales profit grew by 61%, to 2.22 billion rubles. (Ukrainian metal)

Russia: SiGMA suspends gold manufacture

The Siberian Mining and Metallurgical Alliance (SiGMA) has suspended the manufacture of gold at the Ozernovskoye deposit for 2 months. The deposit is situated in Kamchatka region. The suspension of the operation has to do with the need to reconstruct the gold-extracting factory with the capacity of 60 thousand tons. The factory was commissioned in…

EAEU: another investigation on Ukrainian rolls started

The Department of the domestic market protection of the Eurasian Economic Commission has initiated another antidumping investigation of the delivery of forged steel rolls for metal-rolling mills originating from Ukraine. The investigation has been initiated because the antidumping measures have expired. The basis for the investigation is that in January-September 2018 deliveries of Ukrainian rolls…

Ukraine: AMKR presents two new investment projects to the public

At public hearings, ArcelorMittal Kriviy Rih presented EIA reports on two investment projects – reconstruction of water pipeline for supply of process water to OBP-1 and construction of cooling tower for cooling of water in recirculation system of GCP-5 of BF-9. Public hearings are held under procedures specified in the law “On Environment Impact Assessment”.…