DTEK Ternovskoye Mine Group has reached its annual coalmining target in advance. The miners have yielded 3.8 million tons of coal. The coal mined is of DG-grade, one of the main fuels for 4 Ukrainian thermal power plants. “Reaching the target means the stable operation of the enterprise, and not only salary for our employees…
A roundtable discussion featuring Norilsk Nickel representatives was held at the Russian State Duma. The event called Extreme North Industrial Facilities Modernization: Environmental Sustainability and Economic Development Avenues addressed the results of the Nickel Plant shutdown project completed by Norilsk Nickel in August. Specifically, the roundtable panel discussed the environmental benefits of the project for…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 392 424 November 386 434 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Liskimontazhkonstruktsia in Voronezh has fished construction project on large diameter thick-walled pipes manufacture. The production has already commenced. The company produces electric-welded longitudinal welded pipes with 406-1420 mm diameter and 7.7-80 mm wall thickness. The pipes could be produced of various steel grades, including stainless steel. The company can also provide heat-treatment and coating. The…
In November the United logistics center received 13.6 thousand tons of ferrous metals for the construction of the Sila Sibiri (Power of Siberia) gas pipeline. That’s a 30.3% drop MoM and 16% YoY. In October the results were down by 30.4% MoM and up by 65.4% YoY. Steel pipes account for 81% of deliveries, including…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 427 427 415 420 November 427 427 457 457 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
The idea of creating a very large metal company is still important for Russia, USM Holding chairman Alisher Usmanov believes. “There is an oil giant. There is also a gas giant, even though with the state-controlled stake. There is a bank giant. While in the mining and metallurgical sector everything is split up. So we…
PJSC MMC Norilsk Nickel has entered into a transaction to buy copper concentrate from the state Rostec Corporation with an estimated volume of 1.5 million tons, containing base and precious metals. The transaction value will be approximately 67.5 billion rubles. The Board of Directors of the company approved of the purchase of this concentrate taking…
