Russia: scrap exports down on 2017

In 2017 Russia exported 5.37 million tons of steel scrap, down by 4.4% YoY. According to the customs statistics, this is the lowest volume of exports in the past 4 years. Revenue increased by 21%, to $1.329 billion. Turkey imported the most scrap – 44% of the volume, down by 3.9%, but Russia’s revenue grew…

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Azerbaijan: gold price up

The cost of gold increased by almost 15.74 manats (0.7%), to 2265.7005 manats per troy ounce in Azerbaijan on March 7, according to the data published by the country’s Central Bank. The cost of silver increased by 1.3%, to 28.3712 manats per ounce, the cost of platinum by 0.22%, to 1640.925 manats, while the cost…

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Ukraine: Kobe Steel interested in KGOKOR

A Japanese and an Austrian company are interested in investing in Krivoy Rog Oxidized Ores Mining and Processing Works. According to the Ministry of economic development and trade, the first vice prime minister Stepan Kubiv met with Hiroshi Ishikawa of Kobe Steel. “The group of companies has developed a new technique of processing oxidized ores…

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