Russia: Metalloinvest net profit up in H1 2017

In January-June Metalloinvest increased its net profit by 36.7% YoY, to $585 million.

The group earnings reached $3.032 billion, up by 57%. EBITDA was $1.061 billion, up by 99.1%.

Metalloinvest net debt totaled $3.602 billion. (Ukrainian metal)

Russia: Uraltrubprom improving exports

Uraltrubprom has supplied a batch of pipes to Europe of a rare size: 323.9 mm with the wall thickness of 20 mm.

The pipes are manufactured according to EN 10219.

The weight of the batch was 92 tons.

The pipes will be used in construction structures. (Ukrainian metal)

Ukraine: constructor dies at Nusenkis’ mine

The prosecutor’s office of the Donetsk region is investigating the fatal injury of a constructor of the Mine constructing group No. 1 at the Pokrovskoye Mine Group.

At present the prosecutors believe that the safety rules when working at a highly dangerous site have been violated. (Ukrainian metal)

Ukraine: first batch of U.S. coal on its way

The first shipment of anthracite coal from the United States, supplied by XCoal Energy and Resources, totaling 85,000 tons should arrive in Ukraine in early September, the embassy of Ukraine in the United States wrote on Facebook. “The shipment of thermal coal to Ukraine was established by an agreement between the Ukrainian state-owned Centrenergo and…

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Russia: MMK-Metiz profits up in Q2 2017

In April-June MMK-Metiz received 444.6 million rubles of net profit, up 1.8-fold QoQ. In H1 the company received 696.4 million rubles of net profit against 110 million rubles in H1 2016. MMK-Metiz earnings in H1 totaled 9.62 billion rubles, up by 22% YoY. Sales in Q2 increased by 18% QoQ, to 5.21 billion rubles. (Ukrainian…

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Ukraine: gold and silver imports down in 2016

In 2016 Ukraine imported $13.07 million worth of gold, down almost 2-fold YoY.

According to the State Fiscal Service, the Netherlands supplied the most gold last year – $8.4 million, Switzerland – $3.8 million.

Silver imports dropped as well – by 7.1%, to $3.6 million. (Ukrainian metal)

Ukraine: Interpipe appoints new products and resources director

Interpipe has appointed Andrei Lukyanov the new products and resources director. The new manager began working on August 1. Lukyanov started working at the Magnitogorsk Iron and Steel Works (Russia), he then was the transformation director at ArcelorMittal Kriviy Rih (2011-2013). While working for Boston Consulting Group Lukyanov participated in Interpipe strategy projects. Before coming…

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Azerbaijan: AzerGold to buy IT-equipment for 221 thousand manats

AzerGold has concluded an agreement with Bestcomp Group for the delivery of IT-equipment (computers and accessories). The cost of the contract is 211.57 thousand manats. AzerGold was created by the president Ilham Aliyev’s decree in 2015. It prospects, develops and manages gold- and iron-bearing sites Garadag, Chovdar, Geydag, Dagkesemen, Kokhnemeden and the Kyuryakchai basin. (Ukrainian…

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Russia: gold output up in January-July 2017

In January-July Russia increased raw and powder gold manufacture by 11.7% YoY.

According to the Federal Service of State Statistics, in July gold output increased by 12.1% YoY, but dropped by 0.1% MoM. (Ukrainian metal)

Russia: Voestalpine supplies 130 thousand tons of strips for Nord Stream-2

In January-June, according to the customs statistics, Russia imported 130.4 thousand tons of strips from Austria. In June imports totaled 13 thousand tons, in May – 30.7 thousand tons, the largest volume since October 2016, when Russia started importing strips from Austria. The main customer is Vyksa Iron and Steel Works, which supplies large diameter…

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Ukraine: Russia remains the main coal supplier

In January-June, according to the State Statistics Service, Ukraine imported 826.753 thousand tons of coal valued at $77.11 million. In particular, Russia supplied 90.8% of the total volume (750.861 thousand tons valued at $70.8 million). Imports from the South African Republic totaled 75.886 thousand tons valued at $6.299 million. At the same time Ukraine exported…

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