In 2016 Yuzhniy Mining and Processing Works produced 11.282 million tons of concentrate, down by 1% YoY. At the same time, sinter output went up by 29%, to 2.085 million tons. According to the company statement, in December 2016 UGOK increased concentrate output by 13.5% YoY, to 1.032 million tons, that of sinter – by…
Ternovskaya mine has put a new long face into operation. Its length is 221 meters. The average daily coal output at the face is expected to exceed 2 thousand tons. The coal reserves at the face will last for 1.5 year. DTEK investments into the long face totaled 78.5 million UAH. (Ukrainian metal)
In 2016 Russia exported 163.58 million tons of coal, up by 16.54% YoY. According to the Ministry of energy, in December 2016 coal exports totaled 14.238 million tons. Coal mining in December 2016 totaled 35.155 million tons. (Ukrainian metal)
In 2016 prices of the companies in the processing industry grew by 19.6%, in mining – by 14.1%. The wares produced became more expensive by 16.8% YoY, and services – by 3.6%. The largest increase was observed in ferroalloys – by 54%, lead – by 51.9%, rolled ferrous metals – by 39.8%, precious metals –…
Salary debts for December 2015 to the employees of the state enterprise Lisichanskugol have not been completely cleared. In addition, the miners are still awaiting 15% of April, May, June, July, August and September 2016 salaries. Thus, the total debt to the miners equals their monthly payment. “Problems with timely payment of salary at state…
Alexander Bondarev, a member of arbitrary managers of the Central Federal District, has been appointed the new temporary manager of the Krasniy Octyabr Iron and Steel Works. On August 30, 2016 the Arbitrary Court of the Volgograd region following the claim of Alfa-Bank initiated the bankruptcy procedure at the works. The court did not disclose…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 432 489 439 439 November 437 493 440 440 * – 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…
In August 2015 the state enterprise Krasnolimanskaya Coal Company sold coal to trading house Resurs, that was later supplied to the state company Centrenergo, at 716.67 UAH per ton, while the coal price stipulated by the Ministry of energy and coal industry at that moment was 1100 UAH per ton. The agreement between Krasnolimanskaya and…