Ukraine: scrap exports down in August 2018

In August Ukraine imported $2.849 million worth of ferrous scrap, up by 53.2% YoY. According to the State Fiscal Service, exports dropped by 66.1%, to $5.826 million. Ukraine mostly exported scrap to Turkey ($5.504 million). In January-August scrap exports grew by 69.9%, to $98.244 million, while imports by 57.1%, to $24.858 million. (Ukrainian metal)

Ukraine: Interpipe negotiating debt restructuring

Interpipe is conducting negotiations with its creditors on restructuring its $1.25 billion debts. “The negotiations are underway. We have officially stated our suggestions on restructuring. Our creditors are thinking. They are gathering together and discussing our offers”, the company CFO Denis Morozov said on the sidelines of InnoTrans-2018 in Germany. He noted that there were…