Azerbaijan: AKPS closing down

Azerbaijan is closing down its Steel Production Complex. Azerbaijani Steel Production Complex was created in April 2013 to design, construct and manage the steel-manufacturing works. The complex had to deal with ore mining through steel-smelting. By 2018 Azerbaijan also planned to have created several works and shops to be managed by the complex, in particular…

Ukraine: metal prices up in 2016

In 2016 Ukrainian metal manufacturers increased prices by 35.7% YoY. In 2015 prices grew by 25.4% YoY, in 2014 – by 31.7%. According to the State Statistics Service, coal and metallic ore prices saw the largest increase – by 18.6% and by 18.9% YoY. In December 2016 iron ore prices grew by 20.4% and of…