Russia: Izhstal exports up in H1 2018

In January-June Izhstal exported 31 thousand tons of metal, up 2.2-fold YoY.

The share of exports in the overall output reached 14%.

Belarus is one of the main export markets for the company. In 6 months exports there grew by 63% YoY.

In particular, deliveries to the Minsk Tractor Works increased by 40%. (Ukrainian metal)

Russia: Belstal bankruptcy procedure started

The supervision procedure will last in the Belstal company till October 22. The bankruptcy process was initiated by Atlasspetsstroy LLC, as Belstal owed it 7.82 million rubles for special machinery and transport. Several years ago Belstal announced its plans to construct a mini-metallurgical plant with the capacity of 500 thousand to 1.25 million tons per…

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