Ukraine: limestone purchases up in July 2019

In January-July railroad deliveries of limestone grew by 7% YoY, to 6.6 million tons. In July deliveries went up by 3% YoY, to 1 million tons, but decreased by 11% MoM. Dniepropetrovsk and Donetsk regions were the largest consumers, accounting for 70% of purchases. The main consumers of limestone are metal companies. In particular, Novotroitskoye…

Ukraine: AMKR supports initiatives of the President Office

Top managers of ArcelorMittal Kriviy Rih had a meeting with the President of the State Volodymyr Zelenskyi in the end of July, and recently had negotiations with the representative of the Office of the President of Ukraine, having discussed possibilities to improve environmental footprint and to implement social projects in Kriviy Rih. The result is…

Ukraine: ferrous metals export revenue down in January-July 2019

In January-July Ukraine received $5.61 billion of revenue from the export of ferrous metals, down by 9.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.53% of all export revenue as opposed to 23.07% in January-July 2018. In July Ukraine exported $818.21 million worth of ferrous metals. Imports in 7 months dropped…

Russia: Evraz net profit down in H1 2019

In January-June Evraz received $344 million of net profit, down by 70% YoY. Revenue dropped by 3.2%, to $6.14 billion, and EBITDA – by 22.2%, to $1.482 billion. The decrease is due to the lower prices of vanadium, coal and steel products. At the same time the company has increased its money flow – from…