Ukraine: pellet exports in January-April 2017

In January-April Poltava Mining and Processing Works, a part of Ferrexpo, exported 2.926 million tons of iron ore pellets to Europe and Near East, as well as Japan, Korea and China. Karelsky Okatysh exported 1.945 million tons of pellets, Mikhailovsky GOK – 1.173 million tons, Lebedinsky GOK – 996.4 thousand tons (all three – Russia),…

Azerbaijan: metal imports in Q1 2017

In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…

Russia: Mechel deals with Gazprombank approved

Mechel held a shareholders’ meeting on May 17. The shareholders have approved deals with Gazprombank. Thus they have approved of changes to the suretyship agreement on securing the loan contracts of Yakutugol and Yuzhniy Kuzbass with Gazprombak, as well as pledging 25% +1 share of Mechel-Mining ordinary shares to the bank. (Ukrainian metal)