Ukraine: occupied territories coal output in October 2016

In October the mines situated on the territory of Russia-supported terrorist organization Donetsk People’s Republic mined 1.03 million tons of coal. In particular, the DPR Ministry of coal and energy-controlled mines yielded 512.47 thousand tons of coal. Donbass Mine Group yielded 125.5 thousand tons of coal, Torezantrazit – 108 thousand tons, and Shakhterskantrazit – 95.2…

Russia: ММК signs contract with Sinosteel for supply of sinter plant equipment

Magnitogorsk Iron and Steel Works has started construction of a new sinter plant as part of its long-term development strategy announced in November 2015 to increase efficiency and reduce costs. Commissioning of the new sinter plant will provide MMK’s blast furnaces with high-quality sinter produced using state-of-the-art energy-saving and environmentally safe technologies. The new plant…

Ukraine: coal output to double

“In a year and a half we intend to double coal output in Ukraine”, the minister of energy and coal industry Igor Nasalik announced. All the salary debts to miners will be cleared by January 1, 2017, he added. “The ministry has fulfilled its obligations on settling salary payments, and we expect miners to honor…

Ukraine: Metinvest expecting steel consumption to increase in 2017

In 2017 Ukraine will consume 4.6 million tons of steel, up by 7% YoY. “We see activity increase in construction, agriculture and machine-building. So we expect steel consumption to increase by 5-10%, by 7% on average”, Metinvest marketing director Roman Kurashev said. Construction and machine-building will become the main drivers behind the consumption growth. In…