The probable shutdown of the largest coke producer in Europe – Avdiivka Coke and Chemical Works – could negatively affect the economy of the whole country. According to the director of the Institute of economy and forecast of the National Academy of Sciences Valeriy Geyets, the blockade of coke, produced on the uncontrolled territories, as…
In February throughput of the Sverdlovsk railroad totaled 10.6 million tons, up by 3.2% YoY. The average daily throughput increased by 377 thousand tons. In January-February throughput increased by 1.6% YoY, to 21.4 million tons. In particular, the railroad transshipped 1.5 million tons of ferrous metals, up by 2.7% YoY, 320 thousand tons of ferrous…
In January raw lead output in Russia dropped by 22.3% YoY and by 23.7% MoM. According to the Federal Service of State Statistics, in 2016 raw lead production in Russia dropped by 8.6% YoY. (Ukrainian metal)
At a meeting held on March 3, directors of NLMK Group, an international steel company with assets in Russia, the USA and the EU, approved of a new membership of the Management Board. The new Management Board now consists of: Oleg Bagrin, NLMK Group CEO, Chairman, Grigory Fedorishin, Senior Vice President, Deputy Chairman (a newly…
The state commission on the Stepnaya mine explosion will work for 1 month, with each Monday hosting a meeting. After the investigation the commission will present not only the information on the reasons, results and people responsible for the emergency situation, but will also recommend the Ministry of energy and coal industry how to avoid…
The selection of consulting companies that will help Kyrgyzstan sell Kara-Keche coal deposit has begun. Applications for consulting services were received from Beyond Investment Group LLC, Deloitte & Touche, Mark Audit Bishkek, Industriel Electric Maden, Standard Development Consult, KPMG Tax and Advisory, and Ernst & Young. The technical part of the proposals was revealed. After…
The State Property Fund has announced a competition to select an evaluator of the state shares of the only primary aluminum producer in Ukraine – Zaporzhye Aluminum Works. The state has 68.01% stake (423.515 million shares). The evaluation of the company should be done as of February 28. The competition will take place on March…
In January-February Ukraine mined 7367.9 thousand tons of coal, up by 11.3% YoY, or by 750.8 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 24.2%, or by 338.3 thousand tons, to 1058.5 thousand tons, while that of power-generating coal went up by 16.5%, or by 891.3 thousand…