Russia: EMC coal output up in 2018

In 2018 the East Mining Company extracted 7.5 million tons of coal, up by 3.3 million tons YoY.

Sales also totaled 7.5 million tons, up 1.5-fold.

In 2019 the company plans to sell some 10 million tons of coal. (Ukrainian metal)

Russia: FAS to check pipe prices growth

The Federal Antimonopoly Service will check the reasoning behind the increase of the drilling pipe prices. In particular, FAS will investigate the increase of the price of pipe and metal purchased by oil companies. Russian metal and pipe prices follow world trends with a slight delay. In January-July the market witnessed a rise of hot-rolled…

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Ukraine: Ukrzaliznytsia to sell 260 million UAH worth of scrap on ProZorro

Ukrzaliznytsia (Ukrainian Railways) has started selling scrap via ProZorro.Sales system.

4 lots with the initial price of 260 million UAH have already been registered.

The auction is scheduled for January 11, 2019. (Ukrainian metal)

Moldova: MMZ produces 500 thousand tons of steel in 2018

In 2018 Moldova Iron and Steel Works steel output exceeded 500 thousand tons.

Despite all the difficulties the company has been able to increase wages to its employees on average by 25%.

Investments in development grew 5-fold.

The company has constructed a warehouse and started modernization of the scrap complex. (Ukrainian metal)