Ukraine: new CEO appointed to Zinc

Ex-CEO of the Ukrainian Tobacco Company LLC Andrei Duvanov has replaced Alexander Safin in the office of the CEO of Zinc (Donetsk region). The decision was taken at the supervisory board meeting on June 27. Duvanov has been appointed from July 4 for 3 years. In 2018 Zinc received 3.983 million UAH of net profit,…

Russia: zinc shortage to reach 60-80 thousand tons

According to Chelyabinsk Zinc Works commercial department director Alexander Pechenkin, in 2018 the zinc shortage on world market in 2018 was some 348 thousand tons. Its reserves dropped by 143 thousand tons, to 880 thousand tons. This year, compared with 2016, the forecast growth of zinc consumption in Russia will reach 20%. The zinc shortage…