Ukraine: pipe output up in January-July 2019

In January-July Ukraine increased pipes output by 3.3% YoY, to 664.5 thousand tons. In July 86.6 thousand tons were produced. In particular, Ukrtruboprom association enterprises increased pipe output by 2.8%, to 487.3 thousand tons, with 62.5 thousand tons produced in July. Khartsyzsk Pipe Works is still idle. Interpipe-NTZ produced 154.9 thousand tons of pipes, down…

Russia: IRC Ltd net loss up in H1 2019

The net loss of IRC Ltd, the iron ore division of Petropavlovsk Plc, which runs gold deposits in Russia, widened by 60% YoY, to $25.224 million, the company said in a statement. The loss adjusted for one-time expenditures and the exchange rate-related loss stood at $8.219 million. Revenue grew by 27%, to $89.244 million, and…