Ukraine: Kurchenko becomes the sole coal supplier from occupied territories

Gaz-Alliance, controlled by the renegate businessman Sergey Kurchenko, has been appointed the only supplier of coal from the Kiev-uncontrolled territories. According to Vladislav Brig, a member of the so-called People’s Council of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, on March 14 the Russian Ministry of economic development prohibited the…

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Russia: Raspadskaya net profit up in 2017

In 2017 Raspadskaya received $319 million of net profit, up 1.7-fold YoY.

According to the company statement, its revenue grew 1.7-fold, to $868 million.

The gross profit reached $459 million, up 2.2-fold YoY. (Ukrainian metal)

Ukraine: metal exports down in February 2018

In February metal exports from Ukraine dropped by 5.5% MoM, to 638.6 thousand tons.

According to the state enterprise Derzhzovnishinform, revenue decreased by 4.4%, to $828.8 million.

In January revenue from metal exports was $867 million. (Ukrainian metal)

Russia: platinum output up in January-February 2018

In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%.

According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%.

As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)

Russia: flat rolled metal exports up in January 2018

In January Russia exported 711.6 thousand tons of flat unalloyed rolled metal, up by 1.6% MoM and by 17.8% YoY.

According to the customs statistics, revenue grew by 3.5% MoM and by 41% YoY, to $421 million.

The largest importer in January was Turkey (23.4%), followed by Iran (7.4%) and Poland (6.8%). (Ukrainian metal)

Ukraine: Mariupol Ilyich shares to be sold super-cheap

Mariupol Ilyich Iron and Steel Works has announced the price of the share sales under the squeeze-out procedure.

According to the company, the price of each share with the value of 0.25 UAH was set at 0.08 UAH.

The share price was set by the company supervisory board. (Ukrainian metal)