Russia: NLMK raises sustainability-linked loan

NLMK Group has amended the terms for its EUR 250-million revolving credit facility. The financing costs of the facility will now be linked to the company’s sustainability performance that will be assessed by Sustainalytics, a provider of environmental, social and corporate governance research and ratings. The ESG rating change will result in the adjustment of…

Ukraine: coke manufacture down in 2019

In 2019 Ukraine produced 10 million tons of coke, down by 7.1% YoY. In particular, Avdiivka Coke and Chemical Works decreased output by 16.6%, to 3.2 million tons, Azovstal – 6.6%, to 1.36 million tons, Dneprovsky By-Product Coke Plant – by 8.9%, to 564 thousand tons, Dneprokoks – by 12%, to 530 thousand tons, Zaporozhkoks…

Ukraine: scrap imports exceed exports in 2019

In 2019 Ukraine decreased ferrous metal scrap exports 7.8-fold YoY, to 42.18 thousand tons, at the same time increasing exports by 17.2%, to 49.93 thousand tons. According to the State Customs Service, thus import has for the first time since 2011 exceeded export. In monetary terms export decreased 9-fold, to $11.78 million, while import –…