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In January-July Russia imported 7201 tons of copper pipes for conditioning, up by 16% YoY and by 23.6% from the 2015 level. According to the customs information, the main supplier of copper pipes was Serbia (21.6%), down by 17.4%. The average price on Russian border was $7374 per ton. Greece exported 20% of pipes, up…
DetailsIn January-July Russia exported 81.7 thousand tons of raw nickel valued at $768 million, down by 29% and by 23.3% YoY respectively. These are also the lowest results for the past 10 years. In July the average price for nickel was $9179 per ton FOB Russian border, down by 5% YoY. (Ukrainian metal)
DetailsNLMK announced the closing of its $500 million 7-year Eurobond placement with an annual coupon rate of 4.00%. Interest payments on the Eurobonds are payable semi-annually. The proceeds from the issue will be used to finance the purchase of existing Notes due 2018 and 2019 in accordance with the terms and conditions of the Tender…
DetailsOn the square near the Dneprovsky Iron and Steel Combine a meeting was held. People demanded clean air and healthy future for their children. The strikers didn’t want the combine to be shut down, they just wanted the company to use all the filters and fulfill all the environment programs. (Ukrainian metal)
DetailsIn January-August coal companies output decreased by 2.444 million tons, or by 9.4% YoY. “In particular, power-generating coal production dropped by 1.338 million tons, or by 6.5% YoY, and coking coal – by 1.105 million tons, or by 19.7%”, the Ministry of energy and coal industry reported. State mines decreased output by 20.8%. “The ministry-controlled…
DetailsInterpipe Nizhnedneprovsk Pipe-Rolling Plant has obtained a license to supply gas. The corresponding decision has been taken by the National commission on energy and housing services regulation. As of September 1, 318 licenses to supply gas have been given by the commission. (Ukrainian metal)
DetailsAt the Extraordinary General Shareholder Meeting (EGM) held on September 29, NLMK shareholders approved payment of Q2 dividends of RUB 3.20 per share. The date upon which the shareholders entitled to Q2 dividends will be determined was set as October 12. H1 dividends will amount to RUB 5.55 per share. (NLMK/Ukrainian metal)
DetailsThe deputy economic minister Sergey Nazarov has confirmed that the so-called Donetsk and Lugansk People’s Republics sell coal to Russia, and it in its turn reexports it to other countries. According to Nazarov, each month some 1 million tons of coal from the occupied Donbass are sold that way. Thus Russia helps DPR and LPR…
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