Russian businessman Alexander Shchukin, a co-owner of holding Sibuglemet, has received controlling stakes in coal company Zarechnaya and the Yurginsky machinery plant, according to the Governor of the Kemerovo region Aman Tuleyev. Zarechnaya was established by Ukrainian businessman Viktor Nusenkis. The assets comprise four mines, an ore dressing plant, a trading unit, and a 50%…
In July Ukraine exported $60.29 million worth of ferroalloys, while imports reached $9.58 million. According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in July was Turkey ($15.13 million). In January-July Ukraine exported $399.4 million worth of ferroalloys, with imports on the level of $48.39 million. In June ferroalloys exports reached $65.15…
Russian coal producer Raspadskaya plans to cut its capital expenditures by 8% YoY, $33 million in 2016, CEO Sergei Stepanov said. “The guidance for capex this year – on the whole, we expect $33 million, we will discuss capex for the next year at the end of this year”, he said. Stepanov also said the…
In July Ukraine exported $71.2 million UAH of pig iron, with imports on the level of $0.03 million. According to the State Fiscal Service, the major consumer of Ukrainian pig iron in July was USA ($34.96 million). In January-July Ukraine exported $264.18 million worth of pig iron, while imports totaled $0.39 million. In June pig…
An individual has amassed 100% of Stalkanat-Silur. According to the company statement, Bomberio Holding (Cyprus) decided to sell 52.16 million shares, and an individual became the owner of 104.33 million shares, or 100%. The individual used to posses 50.0001% of the company shares. In 2015 Stalkanat-Silur received 194.97 million UAH of losses, having increased its…
Avdiivka Coke and Chemical Works reports the railroad transportation near Avdiivka has been resumed after shelling destroyed the station. “I thank Ukrzaliznytsia for quick restoration of the railroad and electric lines. This allowed us to bring coal and take part of our coke”, said the company CEO Musa Magomedov. Earlier after the night shelling of…
In July Ukraine exported $150.67 million worth of iron ore, with imports on the level of $5.22 million. According to the State Fiscal Service, the main consumer of iron ore in July was China ($56.9 million). In January-July Ukraine exported $967.89 million worth of iron ore, with imports at $57.16 million. In June iron ore…
In July Ukraine imported $0.44 million worth of ferrous scrap. At the same time, no scrap was exported. According to the State Fiscal Service, the major supplier of scrap in July was Turkey ($0.26 million). In January-July Ukraine exported $40.99 million worth of ferrous scrap, while imports stood at $4.12 million. In June ferrous scrap…