Ukraine has blocked the exports of anthracite coal for the period of the emergency state in the energy system. According to the Prime Minister of Ukraine Vladimir Groysman, the decision has been taken following the blockade of railroad transportation to and from the temporarily occupied regions, where the anthracite coal is mined. The emergency state…
U.K.-based mining giant Evraz, which operates mainly in Russia, plans to invest 1 billion rubles in development of the Yesaulskaya coal pit in the Kemerovo region, the company said in a statement. Under the investment project, the 29a coal bed with booked reserves of more than 10 million tons of gas-fat coking coal will be…
In 2000-2015 Russian metal companies invested a lot into their own development to increase competitiveness and satisfy the local demand in metal products both in quality and in volume. Russian Steel enterprises investments into ferrous metallurgy in 2000-2015 totaled 1.868 trillion rubles, with annual investments growing from 23 billion in 2000 to 135 billion in…
In January Ukrainian metal companies increased gas consumption by 5.2% YoY, or by 10 million cubic meters, to 200 million cubic meters. In December 2016 gas consumption grew by 35 million cubic meters MoM, to 190 million cubic meters. January average daily gas consumption totaled 6.5 million cubic meters, up by 0.3 million MoM. Electricity…
Energomashspetstsal will supply 85 tons of billets to Presezzi Extrusion (Italy). According to the contract, the delivery is scheduled for June. The billets will be used to produce specialized machinery. EMSS has been supplying large-scale parts to Presezzi Extrusion for over 12 years. (Ukrainian metal)
In January Magadan region mined 930.8 kg of gold, up by 223.8 kg YoY, and 60.4 tons of silver, down by 14.5 tons. The decrease in silver output has been planned due to the industrial programs of the main silver-mining companies. The leader of the winter gold mining was the Severo-Evensk city district with 382.8…
The Monchegorsk site of the Kola Iron and Steel Works, a part of Norilsk Nickel, has finished the modernization of the bulk machinery warehouse. The warehouse with the size of 2.5 thousand square meters saw the replacement of walls and roof, new lighting system assembly, as well as the disassembly of old racks, which were…
The Pipe Metallurgical Company has announced the increase of all of its Russian division pipe product prices by 5% from March 1. The increase will affect all categories of consumers. The main reason for the price increase is the growth of raw materials cost and other industrial expenses in H2 2016, which affected the prime…