Ukraine: metal exports down in February 2018

In February metal exports from Ukraine dropped by 5.5% MoM, to 638.6 thousand tons.

According to the state enterprise Derzhzovnishinform, revenue decreased by 4.4%, to $828.8 million.

In January revenue from metal exports was $867 million. (Ukrainian metal)

Russia: platinum output up in January-February 2018

In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%.

According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%.

As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)

Russia: flat rolled metal exports up in January 2018

In January Russia exported 711.6 thousand tons of flat unalloyed rolled metal, up by 1.6% MoM and by 17.8% YoY.

According to the customs statistics, revenue grew by 3.5% MoM and by 41% YoY, to $421 million.

The largest importer in January was Turkey (23.4%), followed by Iran (7.4%) and Poland (6.8%). (Ukrainian metal)

Ukraine: Mariupol Ilyich shares to be sold super-cheap

Mariupol Ilyich Iron and Steel Works has announced the price of the share sales under the squeeze-out procedure.

According to the company, the price of each share with the value of 0.25 UAH was set at 0.08 UAH.

The share price was set by the company supervisory board. (Ukrainian metal)

Kazakhstan: AMK output up in 2017

In 2017 Aktyubinsk Copper Company produced 58 thousand tons of copper concentrate and 52 thousand tons of zinc concentrate, having exceeded the target by 2% and by 17% respectively.

Revenue target was overfulfilled by 17%.

Payments to the budget increased 4-fold YoY. (Ukrainian metal)

Ukraine: Ferrexpo net profit up in 2017

In 2017 Ferrexpo plc increased net profit 2.1-fold, or by $205.272 million, to $394.472 million.

Revenue grew by 21.4%, to $1197.494 million.

EBITDA increased by 46.9%, to $551 million.

Last year Ferrexpo produced 10.444 million tons of pellets, down by 6.8% YoY. (Ukrainian metal)