Russia: Izhstal sales to machine-builders up in 2018

In 2018 Izhstal sold over 63 thousand tons of metal to local machine-building enterprises, up by 22% YoY. The company mostly supplies stainless, heat-resistant and corrosion-resistant steel for the manufacture of various spare parts and machines, as well as springs and bearings. “Machine-builders are our traditional customers. Their share last year was 26%”, the company…

Ukraine: coal output up in 2018

Output of thermal and coking coal in Ukraine in 2018 increased by 0.9% YoY, from 33 million to 33.29 million tons. State-owned coalmines during the reporting period extracted 4.14 million tons of coal, according to the Ministry of Energy and Coal Industry of Ukraine. In particular, the output of coking coal, used for the needs…

Russia: Ametistovoye becomes Kamchatka ADT resident

The company Ametistovoye has received the status of the Kamchatka Advanced Development Territory resident. The reason was the signing of an investment agreement valued at 4 billion rubles with the Far East Development Corporation. The company intends to construct a mine and modernize a mining and processing works at the Ametistovoye gold deposit. The project…