In January-September DTEK received 3.395 billion UAH of net profit, including 2.009 billion UAH of net loss in Q3. In particular, the financial results were influenced by the decrease of the hryvnia exchange rate. The loss of currency exchange rate difference totals 0.6 billion UAH. The company income was 119.812 billion UAH in 9 months,…
Energomashspetsstal has won a tender to supply 377 tons of rolls to Zaporizhstal. According to the company statement, the new agreement was signed following the tender held in November. Next year EMSS will produce 16 vertical and back up rolls for cold- and hot-rolling mills. The rolls will be shipped by installments according to the…
Russian Railways announce another decrease of tariffs for the transportation of ferrous metals and other goods. From January 1 till December 31, 2019 some Ural metal plants will get special tariff conditions. In particular, RZhD is introducing a 47% discount on inner transportation of ferrous rolled metals from the Polevskaya station to the Kamensk-Uralsky station.…
Russia’s coal exports to Asia may contract in the next 10 years as some states in the region may refuse the fuel, Natural Resources and Environment Minister Dmitry Kobylkin declared on November 30. “The thing of importance here is not the position of our European colleagues, because as far as I am aware, we do…
China’s HBIS Tangsteel plans to build a 100-billion ruble steel plant in Russia’s Far East, the regional authorities said in a statement on November 30. “The corporation is interested in cooperation with the Far East of Russia. HBIS Tangsteel plans to acquire a metals plant in the Khabarovsk region, and to build a new metal…
Precious metal prices varied in Azerbaijan on November 30, according to the data published by the Central Bank. The price of gold decreased by 0.153 manats, to 2,082.568 manats per ounce on November 30 compared to the price on November 29. The price of silver dropped by 0.057 manats, to 24.3678 manats per ounce. The…
Industry and Trade Minister Denis Manturov met on November 29 with Russian producers of large-diameter pipes, who were dissatisfied with the procurement policy of Gazprom, sources close to the participants of the meeting reported. A source familiar with the results of the meeting said that the ministry agreed to organize a working group to discuss…
In October Russia produced 6.02 million tons of raw steel, up by 0.6% YoY (5.826 million tons in September). In January-October raw steel output totaled 60.294 million tons, up by 1.6% YoY. Ukraine, no longer a part of CIS, produced 1.917 million tons of steel, down by 6.7% YoY (1.787 million tons in September), and…