Ukraine: Antimonopoly Committee to review Tigipko’s metal wares purchase

The Antimonopoly Committee of Ukraine has started reviewing the case on the metal wares market concentration. “In December 2017 the committee began studying the case of Devisal Limited (Cyprus) acquisition of Dneprometiz shares. The ultimate beneficiary of Devisal Limited is the Ukrainian businessman Sergey Tigipko. In October 2017, 100% of Dealzone Holding Ltd, owning 98.6%…

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Ukraine: Interpipe to supply 905 million UAH worth of pipes to Ukrgazvydobuvannya

Ukrgazvydobuvannya has ordered Interpipe Ukraine LLC the delivery of pipes valued at 905.99 million UAH.

Within three months the company will have supplied 18710 tons of casing pipes produced by Interpipe NTZ in 2017-2018.

The price is 2% below the expected cost of the purchase (921.72 million UAH). (Ukrainian metal)

Ukraine: Russian rebars and wire rod hit by antidumping duties

The Interdepartmental Commission on International Trade has imposed a 5-year antidumping duty of 15.21% on wire rod and rebars from Russia.

The decision will come into effect around February 28, 2018.

Ukraine started the antidumping investigation on imports of Russian rebars and wire rod in February at the request of AreclorMittal Kriviy Rih. (Ukrainian metal)

Russia: RUSAL reveals top 10 events of 2017

RUSAL has presented a list of the company’s most important events and achievements in 2017. The achievements form part of the company’s key deliverables and demonstrate its strategy in action, which is to enhance RUSAL’s operational efficiency and environmental performance, increase its share of value added products, and develop social infrastructure in the communities where…

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Ukraine: Centravis expecting sales increase

Centravis Production Ukraine forecasts that in 2017 its sales will grow by 20% YoY.

“Sales volume-wise we will grow this year by 20% it tons”, the company sales director Waldemar Scheiermann said.

According to him, the company orders portfolio in 2017 narrowed as it cut short-run and low-margin products. (Ukrainian metal)

Azerbaijan: Russian mining companies to co-operate with colleagues

Seven companies of Russia’s Arkhangelsk region, engaged in mining, are interested in cooperation with their colleagues from Azerbaijan. The list of these Russian companies has been published by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO). These are PJSC Severalmaz, JSC Arkhangelskgeoldobycha (diamond mining), LLC Onega Nerud (mining), JSC Severo-Onega bauxite mine (bauxite, clay, basalt…

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Russia: Vekselberg’s firms sell 22.3% stake in Petropavlovsk Plc

Companies controlled by tycoon Viktor Vekselberg have sold a combined stake of 22.3% in U.K.-registered Petropavlovsk Plc, which mines gold in Russia. Bahamas-based Renova Assets sold its entire 14.7496% stake in the gold mining company, while Metkombank, controlled by Vekselberg, sold its stake of 4.4211%, and Lamesa group, a subsidiary of Vekselberg’s multi-industry holding Renova…

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