Sberbank CIB has signed two loan agreements of providing Vysochaishiy, a part of GV Gold, with $150 million (8.7 billion rubles). The first agreement presupposes the loan of $100 million (5.8 billion rubles) for 5 years. While the second is for 3 billion rubles ($50 million) for 3 years. (Ukrainian metal)
DetailsOn September 18, Metinvest intends to pay $13.22 million to the holders of eurobonds with the maturity date of December 31, 2021. The sum consists of $6.7 million for August 18 – September 18, 2017 of non-guaranteed interest at 6.5795%, paid if the company has free funds over $180 million, as well as $6.318 million…
DetailsUkrzaliznytsia is planning to sell another batch of 128 thousand tons of scrap at an auction. According to the company statement, this year the company intends to sell 213 thousand tons of scrap. As of September 1, 81.5 thousand tons have been sold on three auctions. Last year Ukrzaliznytsia sold only 1.3 thousand tons of…
DetailsPJSC ArcelorMittal Kriviy Rih granted a certificate for total amount of 3 million UAH to purchase special equipment and repair of two patient rooms in the burn ward to Kriviy Rih Municipal Clinic No. 2 of Dnipropetrovsk Region Council. Kriviy Rih has big medical center – Kriviy Rih Municipal Clinic No. 2 of Dnipropetrovsk Region…
DetailsIn January-July Donetsk region (without the antiterrorist operation zone) decreased output by 12.9% YoY. Coke output in July increased by 7% MoM, but decreased by 12.8% YoY, while metal manufacture decreased by 9.4% and by 25.9% respectively. Coal mining in 7 months totaled 6.4 million tons, down by 23.7% YoY. Pig iron output decreased by…
DetailsIn January-June Sibcable increased enameled wire output by 25% YoY, to 2198 tons. Enameled wire is used to produce and repair engines, electric starters and transformers. It is also used in elevator equipment, electric power plants, etc. Sibcable is the only enterprise over the Urals capable of producing enameled wire. At present it can produce…
DetailsIn January-June Krasnoyarskugol became the leader in power-generating coal mining and sales among Russian Coal enterprises. Coal mining increased by 23% YoY, to 3.2 million tons, while sales rose by 31% because of the growth of deliveries to power generating companies and for exports. In the long-term the Russian Coal Group of Companies will increase…
DetailsAleksandrinskaya Mining Company is improving the system of transport and miners positioning at its copper-zinc mine “Chebachye”. Investments will total 5 million rubles. The system started operating in 2016. As the mine is constantly increasing in size, the system needs to be increased as well. This year 57 new antennae will be assembled in the…
DetailsBratsk Ferroalloys Works has appointed Sergey Sokolov the managing director of the company. The ex-manufacturing and quality director of Kuznetskiye Ferrosplavy replaced the acting managing director Mikhail Mikhailov, who retired. Mikhailov contributed a lot to the development of Bratsk Ferroalloys Works. With his participation the company has reconstructed the smelting furnace No. 4, as well…
DetailsIn July world pig iron manufacture increased by 4.7% YoY, to 101.589 million tons. Ukraine with 1.79 million tons is on the 9th place, followed by Taiwan (1.25 million tons). China remained the leader with 62.07 million tons. In June pig iron manufacture increased by 2.1% YoY, to 99.603 million tons, with Ukraine producing 1.52…
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