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Russia: NLMK raises sustainability-linked loan

NLMK Group has amended the terms for its EUR 250-million revolving credit facility. The financing costs of the facility will now be linked to the company’s sustainability performance that will be assessed by Sustainalytics, a provider of environmental, social and corporate governance research and ratings. The ESG rating change will result in the adjustment of…


Ukraine: coke manufacture down in 2019

In 2019 Ukraine produced 10 million tons of coke, down by 7.1% YoY. In particular, Avdiivka Coke and Chemical Works decreased output by 16.6%, to 3.2 million tons, Azovstal – 6.6%, to 1.36 million tons, Dneprovsky By-Product Coke Plant – by 8.9%, to 564 thousand tons, Dneprokoks – by 12%, to 530 thousand tons, Zaporozhkoks…


Ukraine: coal output down in 2019

In 2019, Ukraine mined 31.22 million tons of coal, down by 6.2% YoY. According to the Ministry of Energy and Environment Protection, coking coal mining grew by 8.8%, to 6.32 million tons, while that of power-generating coal fell by 9.4%, to 24.9 million tons. In December 2019, coal output dropped by 0.1% YoY, to 2.8…