Navoi Mining and Metallurgical Company JSC (NGMK) has successfully placed five-year corporate bonds worth $500 million on the London Stock Exchange, with an annual coupon rate of 6.75%, according to the company’s press service. The bonds were issued under international formats Reg S and Rule 144A, granting access to investors from the United States, Europe,…
Interpipe has appointed Luca Zanotti its new CEO. “We are happy to welcome Luca Zanotti as Interpipe CEO. His large experience of working in pipe industry and deep knowledge of key international markets are his advantages. We are sure that under his management Interpipe will retain its positions in the industry and increase its growth…
In January-April, Ukraine exported 277 tons of titanium-containing ores and concentrate, down by 90.4% YoY. According to the State Customs Service, export revenue decreased by 89.6%, to $496 thousand. The main customers were Uzbekistan (35.61% in monetary terms), Turkiye (35.01%) and Egypt (29.98%). Over the first four months of the year, Ukraine imported 22 tons…
In the coming years, Uzbekistan plans to triple its copper production, as reported by the Minister of Energy Jurabek Mirzamakhmudov. According to him, the implementation of related projects is already actively underway. Along with increasing production, special attention will be given to the development of high-value-added manufacturing, which will significantly expand the country’s export potential.…
In January-April, Ukraine exported 11.147 million tons of iron ore raw materials, down by 10.2% YoY. According to the State Customs Service, export revenue decreased by 21%, to $892.987 million. The main customer was China (46.69% in monetary terms), followed by Slovakia (16.41%) and Poland (16.22%). Over the first four months of the year, Ukraine…
The Cabinet of Ministers proposes to introduce a six-month ban on the export of coal by road, with the exception of Irkeshtam-Avtodorozhny and Torugart-Avtodorozhny road checkpoints. The corresponding draft resolution has been published for public discussion. It is noted that the ban applies to solid fuels classified by codes 2701 and 2702 of the EAEU…
In January-April, Ukraine increased steel output by 1% YoY, to 2.425 million tons. According to Ukrmetalurgprom, rolled metal manufacture grew by 0.5%, to 1.982 million tons. Pig iron production increased by 8.1%, to 2.363 million tons. In April, Ukraine produces 692 thousand tons of steel, up from 550.5 thousand tons in March, 661 thousand tons…
Azerbaijan exported 3,800 tons of copper ores and concentrates from January to March, generating $5.2 million in revenue. This marks a significant increase compared to the same period in 2024, with exports up 20.3-fold in volume and 15.4-fold in value. In the first quarter of 2024, Azerbaijan exported only 186 tons of copper ores and…