Russia: coalmining up in Sakhalin

In 2016 coalmining enterprises of the Sakhalin region yielded around 7 million tons of coal, up by 27% YoY. Vostochnaya Mining Company (VGK) mined the most – 4 million tons (3.7 million tons in 2015). 4.65 million tons of coal was exported to the Asian-Pacific countries, up by 16% YoY. South Korea imported 2 million…

Russia: shaped tubes segment grew in 2016

In 2016 the segment of shaped tubes reached 2.4 million tons (2.3 million tons in 2015), water and gas pipeline pipes dropped to 325 thousand tons from 370 thousand tons, electric-welded pipes – 925 thousand tons (980 thousand tons). Shares of the major pipe producers in 2016 also changed: Severstal dropped from 29% in 2015…

Russia: VIZ-Stal increases energy efficiency

In 2016 VIZ-Stal, a part of NLMK, implemented 22 projects within the program of the energy savings and decreased electricity consumption by 5.5 million kW-h, hearing energy – by 4319.2 gCal, and natural gas – by 330.7 thousand cubic meters. Thus expenses on energy resources decreased by 20.9 million rubles. The energy saving program included…

Russia: NLMK improves sales structure

In 2016 Russia consumed 8.15 million tons of hot-rolled sheet, with NLMK share at 1.32 million tons. In cold-rolled segment Russia’s consumption was 2.97 million tons, and NLMK supplied 0.81 million tons, in galvanized rolled metal – 2.9 million tons and 0.58 million tons respectively, in metal with polymeric coating – 1.91 million and 0.45…

USA: NLMK refinances $250 million loan

NLMK USA, NLMK Group’s American Division, has refinanced a $250 million credit line acquired in 2011. The new revolving credit line has a maturity of 4 years and will be used to finance working capital and general corporate activities. The borrowers are NLMK Indiana, NLMK Pennsylvania, Sharon Coating, and NLMK North America Plate trading companies.…