Ukraine: Metinvest GOKs to pay 4.86 billion UAH of dividends

Shareholders of three mining and processing works belonging to Metinvest intend to spend the combined amount of 4.86 billion UAH to pay dividends for 2017. The corresponding decisions are included in the agenda of the shareholder meetings scheduled for May 18. In particular, Severniy Mining and Processing Works plans to spend 2.16 billion UAH of…

Details

Latvia: British Steels to purchase all of KVV Liepājas metalurgs assets

In a letter sent to KVV Liepājas metalurgs administrator Vita Dika, Privatization Agency’s subsidiary FeLM board member Jānis Rībens and CItadele Bank on 17 April, the consortium, which includes companies like British Steel, Greybull Capital and Estonian company Baltic Metal Holding, affirmed its interest in purchasing all assets of the insolvent company. According to available…

Details

Russia: metal structures output down in Q1 2018

In January-March Russia produced 1.1 million tons of metal structures, down by 5.1% YoY.

According to the Federal Service of State Statistics, in March the output grew by 8.2% MoM. (Ukrainian metal)

Russia: gold output down in Q1 2018

In January-March Russia decreased output of raw and semi-refined gold, or gold powder by 1.6% YoY.

According to the Federal Service of State Statistics (Rosstat), in March gold output dropped by 7.1% YoY, but increased by 1.7% MoM. (Ukrainian metal)