Ukraine: pipe exports down in November 2018

In November Ukraine exported $57.775 million worth of pipes, down by 6.1% YoY, while imports grew by 77.6%, to $18.965 million. According to the State Fiscal Service, USA imported the largest batches of pipes – $11.506 million. In January-November Ukraine exported $681.476 million worth of pipes, up by 33.4% YoY, while imports increased by 50.9%,…

Details

Ukraine: AMKR starts energy efficiency competition

ArcelorMittal Kriviy Rih has started a quarterly competition on energy efficiency. The winners will receive rewards for their suggestions. For example, there is a way to decrease the volume of reactive electric energy, which costs the company 22 million UAH per year. The creation of a special program that monitors the consumption of the excess…

Details

Russia: tin to be mined in Yakutia

The manufacture of tin concentrate in Yakutia will have reached 5.5 thousand tons by 2032. The government of the region intends to restore tin industry by developing tin deposits and commissioning the Tirekhtyakh alluvial site and Deputatskoye deposits. Yanolovo, the developer of the Tirekhtyakh, is negotiating investments with China. The site reserves are 68.4 thousand…

Details

Russia: Fitch improves Polyus ratings

Fitch Ratings has improved the long-term ratings of Polyus from BB- to BB with stable outlook.

The improvement reflects strong operational results of Polyus, the decrease of the debt level and improved possibilities to generate money flow.

The company has also noted Polyus output level and the resource base. (Ukrainian metal)

Ukraine: 1.3 thousand tons of pipes sold to US in October 2018

According to the Department of Trade, in October US imported 28 thousand tons of construction pipes, up by 8.2% MoM, but down by 55.4% YoY.

Ukraine supplied 1300 tons of pipes.

Other sellers were Canada (16 thousand tons), Mexico (4800 tons), South Korea (1600 tons) and Taiwan (1100 tons). (Ukrainian metal)