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)

Russia: gold output up in January-February 2018

In January-February Russia increased the manufacture of raw and semi-raw gold by 2% YoY.

According to the Federal Service of State Statistics, in February output grew by 9.5% YoY and by 40.4% MoM. (Ukrainian metal)

Russia: ChTPZ scrap sales down in 2017

In 2017 the Meta Group of Companies, a part of ChTPZ, sold 1.32 million tons of scrap, down by 2.5% YoY, including 829 thousand tons of its own procurement, up by 69 thousand tons, and 491 thousand tons of transit scrap. Among the group participants the sales growth leaders were Vtorchermet (+30.7 thousand tons), Meta-Chelyabinsk…

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