Russia: Polymetal to double Amur Works project

The board of directors of Polymetal International plc has approved of the Amur Iron and Steel Works-2 project and allowed the construction. The second line of the Amur Works autoclave department (Amur-2) will considerably increase the company ore reserves, amounting to some 55% of the overall reserves. The manufacture is expected to increase by 30-35…

Russia: Izhstal exports up in 2018

In 2018 Izhstal exported 56 thousand tons of metal, up 1.5-fold YoY. In particular, exports to far foreign countries grew more than 3-fold, to 28 thousand tons, and to CIS – by 4%, to 28 thousand tons. Belarus is one of the priority export markets, accounting for 30% – last year Izhstal exported 17 thousand…

Ukraine: scrap exports down in January 2019

In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY. According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand. In December 2018 Ukraine exported 7.488 thousand tons of scrap. The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)