Ukraine: EBRD representatives visit AMKR

Senior Environment Adviser of European Bank for Reconstruction and Development (EBRD) Robert Adamczyk and Senior Manager for Sustainable Development and Corporate Responsibility of ArcelorMittal Аlan Knight paid a two-day working visit to ArcelorMittal Kriviy Rih. At the end of 2017 EBRD approved opening of a credit line for ArcelorMittal at 350 million euros to finance…

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Russia: Raspadskaya net profit up in H1 2018

In January-June one of the largest coking coal producers in Russia – Raspadskaya – increased revenue by 23% YoY, to $542 million.

Net profit grew by 34%, to $225 million, with EBITDA up from $235 million to $303 million.

At the same time coal output decreased by 9%, to 5.4 million tons. (Ukrainian metal)

Ukraine: Zaporizhstal buys school kits

Zaporizhstal together with Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting-Mechanical Works under the annual program “First time to school” handed stationary kits to 5500 pupils, the children of their employees. Altogether the stationary kits cost 3.1 million UAH. The children who went to school for the first time received their first school bags with stationary kits. Children…

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Russia: SUMZ revenue up in H1 2018

In January-June Sredneuralsky Copper Smelting Works reports increase in revenue.

In particular, its amount has grown almost 2-fold YoY, from 9.19 billion rubles to 16.71 billion rubles.

Gross profit totaled 2.73 billion rubles. (Ukrainian metal)

Russia: ITZ supplies 108 thousand tons of pipes to Kharampurskoye deposits

Izhorsky Pipe Works has finished supplying over 100 thousand tons of large diameter pipes for the construction of the Kharampurskoye oil and gas condensate deposits in Yamalo-Nenets Autonomous District. According to the contract, the company started supplying pipes in Q2 2017, having successfully completed the delivery in summer 2018. ITZ produced LDP with the diameter…

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