Ukraine: Ukrzaliznytsia limiting AMKR transportation

Ukrzaliznytsia has imposed temporary limitations on the foreign transportation to ArcelorMittal Kriviy Rih. The prohibition will be in effect until it is cancelled, and covers transportation of all cargo from railroads of CIS and Baltic States. Earlier AMKR experienced a railroad shop strike. Ukrzaliznytsia agreed with metal companies to coordinate actions on cargo transportation. (Ukrainian…

Details

Ukraine: metal output in Donetsk region up in January-April 2018

Metal and mining output in January-April in Donetsk region grew. In particular, the region produced 6.94 million tons of pig iron (up by 10% taking into account operation of assets on Ukraine-uncontrolled lands and by 19% without them), 6.99 million tons of steel (down by 0.3%, but up by 6%), 6.12 million tons of rolled…

Details

Russia: copper exports up in Q1 2018

In January-March Russia exported 218.7 thousand tons of primary copper valued at $1496 million, up by 15.2% and by 40.6% YoY respectively.

In March the average price of primary copper was $6739 per ton FOB Russian border, up by 19% YoY.

Copper wire rod (wire) price was $6769 per ton, up by 23.4%. (Ukrainian metal)

Kyrgyzstan: negotiations and decisions on Kumtor to be transparent

The Prime Minister of the Kyrgyz Republic Mukhammedkaly Abylgaziev met with Centerra Gold Inc. CEO Scott Perry, the Information Support Department of the Government’s Executive Office reported. The parties discussed issues related to the strategic agreement signed on September 11, 2017. Mukhammedkaly Abylgaziev noted that the government realized the significant role of Kumtor in the…

Details