Russia: MMK results for Q2 2018

In April-June MMK sold 2.848 million tons of metal, up by 0.7% QoQ, including 1.381 million tons of high added value products, up by 2.7%. In 6 months MMK sold 5.675 million tons of metal, including 2.726 million tons with high added value, up by 2.1% and by 7.3% YoY respectively. In particular, sales of…

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Ukraine: scrap exports up in H1 2018

In January-June Ukraine exported 270 thousand tons of scrap, up by 106% YoY. Scrap procurement grew by 12%, to 1.902 million tons. Deliveries of scrap to metal companies increased by 4%, to 1.632 million tons. In June 346 thousand tons of scrap were procured, down by 6% MoM, of which domestic companies received 327 thousand…

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Russia: gold output down in June 2018

Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…

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