Russia: Putin plans no meetings with metals firms on new taxes yet

Russia’s president Vladimir Putin does not plan an extraordinary meeting with business representatives to discuss the situation in the industry, presidential spokesman Dmitry Peskov reported. “No such meetings have been scheduled yet because the president has not approved any decision. The president agreed that the issue should be considered by the government’s experts,” he said.…

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Ukraine: nickel ore and concentrate imports up in January-July 2018

In January-July Ukraine imported 891.674 thousand tons of nickel ore and concentrate valued at $43.582 million, up by 13.4% and by 13.5% YoY respectively.

According to the State Fiscal Service, the main suppliers were Guatemala (71.01%) and Indonesia (28.99%).

In 7 months Ukraine neither exported nor re-exported nickel ore and concentrate. (Ukrainian metal)

Ukraine: titanium-containing ore and concentrate exports down in January-July 2018

In January-July Ukraine decreased exports of titanium-containing ores and concentrate by 2.5% YoY, to 344.26 thousand tons, valued at $70.381 million, up by 24.1% YoY According to the State Fiscal Service, the main importers of the products were Turkey (23.65%), the Czech Republic (20.39%) and Russia (13.6%). In 7 months Ukraine imported titanium-containing ore and…

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Kazakhstan: coal price up in EKR

The price of coal has more than doubled and amounted to 17,000 tenges in some areas of the East Kazakhstan region. “Its growth for the end user is significantly influenced by railway tariffs and surcharges of intermediary organizations. The main volume of coal for municipal consumers is sold through the commodity exchange,” Kazakh Energy Ministry…

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Russia: ferrous metals deliveries to machine-builders up in July 2018

In July direct deliveries of ferrous metals to railroad machine-building companies totaled 132.2 thousand tons.

According to the railroad statistics, this is up by 52.4% YoY.

In January-July deliveries reached 893 thousand tons, up by 25.4% YoY. (Ukrainian metal)

Russia: Evraz declares record-high profit in H1 2018

Net profit of Evraz in January-June grew to $1.145 billion from $86 million in H1 2017.

Free money flow increased from $549 million to $661 million, while the debt dropped by $646 million, to $4.786 billion.

Consolidated EBITDA went up by 65.5%, to $1.906 billion. (Ukrainian metal)

Ukraine: Ukrvtorchermet completes restructure

Ukrvtorchermet has finished restructuring liabilities to the state Oschadbank.

The amount of the liabilities is not disclosed.

The company procures and processes ferrous metals scrap and waste. (Ukrainian metal)