The state enterprise Ukrpromvneshexpertisa forecasts that in April scrap stocks at metal companies will grow by 15.4% MoM, to 75 thousand tons. Scrap stocks as of the end of February dropped to 79 thousand tons, or by 55% MoM. Scrap stocks in working days fell to 9 days, or by 25% below the norm. The…
DetailsIn 2018 Energomashspetsstal received 293.6 million UAH of net losses, down 3.2-fold YoY. The value of assets grew by 1.6%, or by 41 million UAH, to 4.1 billion UAH, while accounts receivable dropped by 7.5%, or by 30.8 million UAH, to 382.3 million UAH. Fixed liabilities decreased by 38.5%, or by 875.1 million UAH, to…
DetailsIn January-February, the volume of production of raw and semi-processed gold or in powder form was 14,315 kg in Kazakhstan, up by 5% YoY, the Committee on Statistics of the Ministry of National Economy reported. In the reporting period, the volume of production of raw and semi-processed silver or in the form of powder amounted…
DetailsThe Almalyk Mining and Metallurgical Complex (AMMC) has received the honorary “CIS Business Leader” award in 2018 at the International Economic Forum “CIS: Digital Economy – Integration Platform”. The event was organized by the CIS Economic Development Business Center with the support of the Executive Committee of the Commonwealth of Independent States. More than 1500…
DetailsUkraine’s police are investigating two companies and a factory over a coal deal, which some anti-corruption campaigners say epitomizes the difficulties of doing business in the Eastern European country. The sums involved in the deal are small but the Anti-Corruption Action Center, an independent watchdog, says it illustrates the lack of transparency in Ukrainian business,…
DetailsSince the start of the year Korshunovsky Mining and Processing Works has invested 130 million rubles in the modernization of the manufacture. In particular, the enterprise has purchased a rod mill, two dredge pumps, and four magnetic separators. The new machines will improve ore processing and iron ore concentrate manufacture. In 2018 KGOK produced 1.972…
DetailsIn February industrial output in Donetsk region decreased by 8.6% MoM. In particular, in January-February coal mining grew by 18.4%, to 2.2 million tons. Coke output dropped by 5.8%, to 820.3 thousand tons, and in February – by 14.1% MoM. Pig iron manufacture fell by 10.6%, to 1.3 million tons, and steel – by 0.2%,…
Details