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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.

2Mar

Rating agencies downgrade Russian, Ukrainian steelmakers

Moody's has placed on review for downgrade all ratings of 51 Russian non-financial corporates, including leading …

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2Mar

More end-users, automotive suppliers suspend Russia business

American corporation Boeing has stopped activities in Russia, joining a growing list of foreign companies suspending …

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2Mar

Evraz increases revenue, monitors Ukraine situation

Miner and steelmaker Evraz almost doubled revenue in 2021 compared with 2020 due to high market …

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1Mar

Metinvest declares force majeure, AMKR idles blast furnace

Metinvest has declared force majeure to customers and partners due to the impact of Russia’s invasion …

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1Mar

Hyundai pauses Russian production, Volvo suspends activity

South Korean carmaker Hyundai’s plant in Russia has temporarily suspended production due to a shortage of …

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1Mar

Mechel's earnings rise significantly on favourable market

Russian miner and steelmaker Mechel saw 2021 consolidated revenue increase by 51% on-year to RUB 402 billion …

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1Mar

Mechel reduces output, coal sales amid overhauls

Mechel's steel and mineral output, as well as washed coking coal shipments fell last year, while …

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1Mar

Tulachermet supplies pig iron to OMK

Russia’s United Metallurgical Company (OMK) and Industrial Metallurgical Holding (IMH) subsidiary Tulachermet have signed a contract …

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28Feb

German scrap market expects hikes after Russian invasion

German scrap prices increased in February for the first time since the beginning of the year …

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28Feb

Centravis stops production amid Russian invasion

Ukrainian seamless stainless pipe producer Centravis has sent a letter to its customers saying it has …

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