Factory source Cnc Engineering Companies - Mining Industry – Basile Detail:
Mine Industry
Mining Industry
◆ The broad impact of the conflict is expected to put upward pressure on prices of metals produced in Russia, a key supplier of palladium and one of the leading producers of platinum, diamonds, gold and nickel.
◆ Ukraine is a less important commodity producer, accounting for 3% of global iron ore production and a smaller share of uranium and coal.
◆ The impact of the Russian-Ukrainian conflict once led to a surge in global oil and natural gas prices. With Russia being one of the world’s leading exporters of hydrocarbons, any disruption to supply would put additional inflationary pressures on the global economy, especially in countries that are highly import-dependent.
Petroleum Gas
◆ Major oil and gas companies including BP, Shell and Exxon Mobil have announced divestments in Russia. At the same time, sanctions will limit the supply of funds, technology and equipment to Russia’s oil and gas sector.
◆ The conflict presents a potentially significant supply risk to Europe as Russian pipelines are the main source of European gas imports. However, since SWIFT sanctioned Russia, the West has so far allowed energy trading, and gas flows from Russia to Europe have actually increased.
Packaging Industry
◆ Major international packaging suppliers remain largely unaffected.
◆ Mondi is an exception because it owns Russia’s largest paper producer, Mondi Syktyvkar, which derives about 12% of its total revenue from Russia and is therefore vulnerable to a depreciation of the ruble. Mondi has also suspended operations in Ukraine for now, while its shares have fallen about 20% since the conflict erupted on February 24.
Pharmaceutical Industry
◆ Conflict in Ukraine could lead to disruption of experiments in Ukraine, Russia and neighboring countries.
◆ Health care spending and drug sales in Ukraine are likely to decline sharply. Vandalism and looting of pharmacies, as well as patient reluctance to seek treatment for chronic conditions, will also disrupt Ukrainian prescribing activity and market access opportunities.
◆ Compared to Ukraine, Russia’s impact on health spending and pharmaceutical sales is weaker in the short term, but may intensify over time. Russian pharmaceutical exports, although limited, will also be adversely affected.
◆ Premiums are bound to increase due to increased risk of loss due to political instability, including political risk, marine, air, transport cargo and cyber insurance.
Medical instruments:
◆ Due to deteriorating economic conditions, financial sanctions and technology embargoes, Russia’s medical device industry will be negatively affected by the Russian-Ukrainian conflict, as most medical devices are imported from the United States and Europe.
◆ As the conflict continues, civil aviation in Europe and Russia will be severely disrupted, affecting the distribution of airborne medical equipment. The medical supply chain is expected to continue to be disrupted as some materials, such as titanium, come from Russia.
◆ The loss of Russian exports of medical devices is not expected to be significant, as these represent less than 0.04% of the value of all medical devices sold globally.
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By Eileen from Afghanistan - 2018.05.22 12:13
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By Muriel from Rwanda - 2018.06.26 19:27