Russia: Tulachermet borrows from Alfa-bank

The largest pig iron manufacturer of Russia – Tulachermet – has signed an 8-billion rubles loan agreement with Alfa-bank for 3 years. The money will be spent to refinance the company current debts. “Alfa-bank has offered good conditions, thanks to which we have been able to optimize the structure of our loan portfolio”, the Promyshlenno-metallurgichecskiy…

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Ukraine: Zaporozhogneupor output up in January-May 2017

In January-May Zaporozhogneupor produced 41.356 thousand tons of refractories, up by 2% YoY.

In May output increased by 8% YoY, to 8.912 thousand tons.

Zaporozhogneupor is the largest manufacturer of refractory products and materials in Ukraine. (Ukrainian metal)

Russia: Irkutsk region obtains 5.4 tons of gold

In January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold.

In January-April the region yielded 3704 kg of gold.

This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)

Ukraine: Lvivugol miners to be paid 34.5 million UAH of salary debt

On June 7 Lvivugol received 34.5 million UAH for the sale of coal.

All the money was spent to clear April salary debt to miners.

Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)

Ukraine: ferrous exports earnings up in January-May 2017

In January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…

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