Ukraine: Evraz claims not cooperating with DPR

Evraz-Ukraine says is does not cooperate with the companies on the Ukraine-uncontrolled territories, nor does it supply metal there. The company notes that there are cases of illegal use of the Evraz brand without the corresponding consent. Earlier the Information Resistance group claimed that major Russian companies, including Evraz, were cooperating with the so-called Donetsk…

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Russia: Nornickel to buy 5 tons of palladium

In 2017 Norilsk Nickel intends to buy as much palladium to its special fund as last year.

According to the financial director Sergey Malyshev, the prices are not “in the best shape” now. There would be no increase in the number of investors.

In 2016 Nornickel bought 5 tons of palladium. (Ukrainian metal)

Russia: coal exports up in January-May 2017

In January-May Russian coal exports increased by 6% YoY, to 73.528 million tons.

According to the Ministry of energy, in May Russia exported 15.347 million tons of coal.

In January-May coal mining totaled 165.626 million tons. (Ukrainian metal)

Russia: Nornickel to optimize logistics system

RZhD Logistika will provide services on logistics consulting to Norilsk Nickel. The corresponding agreement has been signed within the XII international railroad business forum “Strategic Partnership 1520”. RZhD Logistika will analyze the Nornickel transport schemes and its overhaul plans, creating the consulting report on the transport model. “Logistic consulting for such a major company as…

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Russia: Tulachermet borrows from Alfa-bank

The largest pig iron manufacturer of Russia – Tulachermet – has signed an 8-billion rubles loan agreement with Alfa-bank for 3 years. The money will be spent to refinance the company current debts. “Alfa-bank has offered good conditions, thanks to which we have been able to optimize the structure of our loan portfolio”, the Promyshlenno-metallurgichecskiy…

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Russia: Nornickel places $500 million Eurobond offering

PJSC “MMC “Norilsk Nickel” has closed its $500-million Eurobond offering maturing in April 2022 with an annual coupon rate of 3.849%. The proceeds from the issue will be used for general corporate purposes and capital investments. Sergey Malyshev, the company’s Senior Vice-president and Chief Financial Officer, commented: “With this Eurobond placement we achieved our main…

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Ukraine: Zaporozhogneupor output up in January-May 2017

In January-May Zaporozhogneupor produced 41.356 thousand tons of refractories, up by 2% YoY.

In May output increased by 8% YoY, to 8.912 thousand tons.

Zaporozhogneupor is the largest manufacturer of refractory products and materials in Ukraine. (Ukrainian metal)