Chelyabinsk Iron and Steel Works has won a tender to supply rails for the Moscow Subway. The works will produce 23.5 thousand tons of rails to be used for the reconstruction of the existing railways and for the construction of new. The first delivery is scheduled for May. ChMK produces 100-meter long rails. Since 2014…
Interpipe Holdings Limited (Cyprus) could issue bonds valued at $330 million, with interest rate of 10.25% and maturity until December 31, 2024. The issue will be discussed at the Interpipe NTZ shareholders meeting scheduled for April 25. The company is expected to act as a guarantor of Interpipe Holdings Limited. The notes are expected to…
In January-March Belarus Iron and Steel Works increased exports by 131% YoY, to 554 thousand tons, valued at $310 million, up by 112%. Exports geography grew by 2 countries, to 50. The share of the European countries, Near East and Africa increased, while that of US dropped. (Ukrainian metal)
The state enterprise Volynugol has lost 12.6 million UAH by buying 60% of a hotel in the town of Truskavets in 2007. Since then, the hotel has never been used by miners. In December 2007 Volynugol paid 12.6 million UAH to Firma Galbud LLC for 100% in Renesans LLC. Thus the enterprise has purchased 60%…
Zakhistprom Trade LLC has concluded 4 agreements on the delivery of mining rescue equipment valued at 50.34 million UAH. In particular, the company received orders for 22.61 million UAH from the state enterprise Pervomayskugol, 19.09 million UAH from Lisichanskugol, 5.22 million UAH from the Yuzhnodonbasskoye No. 1 Mine Group and 3.42 million UAH from Toretskugol.…