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Svetoslav Abrossimov

Svetoslav covers the CIS and Balkan markets for Kallanish, as well as the German scrap and northern European wire rod markets. He joined Kallanish in 2020 after more than 20 years at Bulgarian news agencies and newspapers covering domestic and international news. He has working experience in a newsroom environment as well as in live field reporting and speaks Russian, German, English and Bulgarian.

20Feb

Northern European rod market stable, foresees further hike

Northern European wire rod prices are flat this week amid some activity in the market, sources …

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20Feb

Mechel revenue falls on interest rate, export restrictions

Mechel's 2024 consolidated revenue slipped 5% on-year to RUB 387.4 billion ($4.38 billion), while Ebitda fell by …

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20Feb

Domestic market absorbs Mechel coal, sanctions hit exports

Mechel's coal output and sales increased last year, while steel and pig iron production decreased, Kallanish …

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19Feb

SIJ expects earnings improvement after 2024 loss

Special steelmaker Slovenian Steel Group (SIJ) reported revenue in 2024 at €1 billion ($1.04 billion), unchanged …

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19Feb

Russia expects 5mt less scrap consumption in 2025

Russian scrap consumption could drop some 5 million tonnes in 2025, Russian scrap metal association Ruslom …

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19Feb

Kazakhstan increases steel output in January

Kazakhstan increased crude steel production in January, according to data from the national economy ministry’s statistical …

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19Feb

Ukraine significantly ramps up steel consumption in January

Ukraine increased consumption of steel in January, according to national steel association Ukrmetallurgprom. The volume amounted …

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18Feb

Metinvest invests in iron ore output, energy independence

Metinvest plans to invest UAH 5.7 billion ($137 million) in the development of its Kryvyi Rih …

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18Feb

Severstal to stop BF for upgrades in H2

Russian steelmaker Severstal is carrying out preparatory and design work to begin major repairs of blast …

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17Feb

Metalloinvest reduces gas emissions at Lebedinsky GOK

Russian steelmaker and producer of iron ore products Metalloinvest has completed the second stage of the …

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