Azerbaijan: metal imports in Q1 2017

In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…

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Ukraine: acting chief accountant appointed at Zaporizhstal

Svetlana Ampilogova has been appointed the acting chief accountant of Zaporizhstal. According to the company press service the ex-chief accountant Natalia Mikhayskaya has been appointed the financial controller of Zaporizhstal. “Natalia Mikhayskaya has been a successful chief accountant, she has been developing the financial function of the enterprise. Now she heads the new for her…

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Russia: PMKh output down in Q1 2017

In January-March the Industrial Metallurgical Holding enterprises mined 542 thousand tons of coking coal, down by 28% QoQ. The decrease was the result of the planned disassembly and assembly of machinery at Butovskaya mine and the short calendar period of the first quarter. Berezovskaya factory decreased coal concentrate processing by 6% QoQ, to 644 thousand…

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Ukraine: Centrenergo cancels coal tender

The power-generating company Centrenergo has cancelled the tender to buy 700 thousand tons of anthracite coal for Zmievskaya and Tripolskaya thermal power plants with delivery in May-December. According to the company statement, the decision was taken by the management in fear of the price increase in case of exchange rate fluctuations. 2 companies participated in…

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Ukraine: Mariupol Ilyich to implement anti-crisis measures because of raw materials shortage

Metinvest intends to implement anti-crisis measures at its Mariupol Ilyich Iron and Steel Works. In particular it is suggested using iron ore raw materials wastes to produce sinter in view of undersupplies of sinter ore via railroad. “We intend to implement new methods of operation providing for the more efficient usage of secondary materials, thus…

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