Russia: Evraz starts buying Sibuglemet assets

Evraz owners start buying Sibuglemet, one of the largest coking coal producers in Russia. The Federal Antimonopoly Service has received a claim from Onega Holding to buy 99.57% of Mezhdurechye (the main Sibuglemet mining asset). Onega Holding is owned by Greenleas International Holdings of Roman Abramovich, Abiglaze Limited of Alexander Abramov and Toshi Holdings of…

Russia: ChTPZ pipes sales up in 2019

In 2019 ChTPZ Group sold 2070 thousand tons of pipes, up by 8% YoY. Exports accounted for 736 thousand tons, or 36%. 1334 thousand tons were delivered to the Russian market. Large-diameter pipes sales increased by 33%, to 916 thousand tons. OCTG pipes sales grew by 3%, to 469 thousand tons. (Ukrainian metal)