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Ukraine: anthracite stocks at TPPs down

As of early April 10, anthracite stocks at the thermal power plants totaled 399.5 thousand tons, down by 10.1% WoW. According to the Ministry of energy and coal industry, gas-coal stocks increased by 2.7%, to 1.42 million tons. More than half of the anthracite (203.7 thousand tons) is stored at the Lugansk TPP. Altogether coal…

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Russia: Ferrum to increase pipe range

Ferrum has received the new pipe-welding mill. The mill produces thin-walled cold-rolled pipes with 0.5-1.6 mm wall thickness. This will be a unique product for Novosibirsk region. The mill will be put into operation in late May. Ferrum started producing electric-welded pipes in 2015. It has 3 mills with the total capacity of 15 thousand…

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Ukraine: Ferrexpo ratings up

Moody’s international ratings agency has improved Ferrexpo plc corporate rating from Caa3 to Caa2. Default risk rating has been increased from Caa3-PD to Caa2-PD, while its bonds from Caa3 to Caa2. The outlook on all ratings is stable. In 2016 Ferrexpo, which controls Poltava and Yeristovo Mining and Processing Works, received $189.2 million of net…

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Ukraine: industrial companies improving Kryvbas water basin

PJSC ArcelorMittal Kriviy Rih hosted the meeting devoted to development of strategic approaches for improvement of the ecosystem of Ingul river basin within the Program to support the green modernization of the Ukrainian economy being implemented by German Society for International Cooperation “GIZ”. The main objective of the informative meeting was to find the efficient…

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