Ukraine: DSS steel output up in February 2019

In February Dneprospetsstal increased steel output by 15.5% MoM, to 16.803 thousand tons.

According to the company statement, rolled metal manufacture dropped by 6.1%, to 10.742 thousand tons.

In 2 months DSS produced 31.351 thousand tons of steel and 22.183 thousand tons of rolled metal, down by 24.7% and by 20.4% YoY respectively. (Ukrainian metal)

Uzbekistan: gold exports up in January-February 2019

In January-February Uzbekistan exported $3 billion worth of products, up by 20.4% YoY.

$1.2 billion accounted for gold.

During the whole 2018 Uzbekistan exported $2.9 billion worth of gold. (Ukrainian metal)

Russia: Evraz to sell 1.8% of shares

Greenleas International Holdings, Abiglaze Limited, Crosland Global Limited and Toshi Holdings have announced their decision to sell some 1.8% of Evraz shares. The number of shares that the companies intend to sell amounts to 25.4 million. Roman Abramovich indirectly owns shares in Evraz through Greenleas International Holdings, Alexander Abramov – through Abiglaze Limited, Alexander Frolov…

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Kazakhstan: gold production up in January-February 2019

Production of unwrought gold and semi-processed gold or in powder form reached 14,315 kg in January-February, up by 5% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports.

In the accounting period output of unwrought and semi-processed silver or in the powder form made 128,576 kg, down by 5.1%. (Kazinform/Ukrainian metal)

Russia: Polymetal to develop platinum deposit in Karelia in 2025

Polymetal Int will start extracting platinum at the Viksha deposit in Karelia in 2025.

Investments in the deposit are estimated at $500 million.

The development is expected to last for 30 years.

Polymetal bought the Viksha in 2012. And it became its first platinum group deposit. (Ukrainian metal)