Ukraine: coal imports down in January 2020

In January Ukraine imported 1.627 million tons of coal, down by 8.4% YoY. According to the State Customs Service, the value of the imported coal decreased by 33.8%, to $174.446 million. Russia supplied $115.237 million worth of coal (66.06%), USA – $48.505 million (27.81%), Kazakhstan – $10.54 million (6.04%) and other countries – $0.164 million…

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Russia: NLMK steel sales down in 2019

The situation on steel product markets in 2019 was rather challenging. H2 2019 saw prices fall below the cycle average. “The dive was so deep, we estimate that 80% of global HRC production was loss-making. The margins in the sector were further pressured by increasing prices for raw materials”, NLMK Group CFO Shamil Kurmashov commented.…

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Ukraine: AMKR invests UAH 432.4 million in social sphere in 2019

Social standards of ArcelorMittal Kriviy Rih are one of the highest in mining and metallurgical industry of Ukraine. Last year, social expenses of the company amounted to UAH 432.4 million. Traditionally, the most considerable part of funds, namely UAH 179.7 million, was allocated for rest and health improvement in 2019. Last summer almost 11 thousand…

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