Turkish ports refuse to accept ships with scrap coming from Crimea. “As to the scrap bound for Turkey, we see that the country does not accept the ships. Ship owners ask us not to fine them”, the acting director of the Crimean seaports “state enterprise” Yuri Chernenko declared. In late October last year Turkey resumed…
Novgorodsky Iron and Steel Works, a part of Russian Copper Company, is repairing gas filters of its MAERZ copper furnace. The scheduled repairs of the filter will end in early July. “The operation of the MAERZ furnace is impossible without the gas filter, as it provides for the environment and labor safety. After the modernization…
The gold-mining company HERGU has so far obtained 114 kg of alluvial gold. This year the company intends to yield 700 kg, down by 40 kg YoY. In 2015 HERGU obtained 675 kg of gold. (Ukrainian metal)
In January-May Kamensk-Uralsk Non-Ferrous Metals Processing Works increased output – mostly following the restoration of local demand. In particular the company produced 525 tons of non-ferrous wire, 99 tons of ingots, 446 tons of strips and sections, as well as 5340 tons of rods, all up by 49%, 79%, 103% and 1% YoY respectively. “These…
Cherepovets Iron and Steel Works has improved the output of the continuous hot galvanizing machine in its plating shop No. 1. The machine speed was increased to 180 meters per minute. With the improved operation the shop has already produced 4 coils of galvanized metal with the total weight of 100 tons. (Ukrainian metal)
Yenakievo Iron and Steel Works, “nationalized” by the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, intends to put its second blast furnace in operation in July. The head of the local terrorists Alexander Zakharchenko has also promised to solve the coking coal sales problem. (Ukrainian metal)
In April Metinvest EBITDA increased by 41.67% MoM, or by $40 million, to $136 million, while its net income dropped by 9.1%, or by $60 million, to $603 million. According to the company statement, in April it sold 183 thousand tons of semi-finished products valued at $74 million. The group also sold 597 thousand tons…
President of the United States Donald Trump is ready to sell “millions and millions of tons of coal” to Ukraine. Trump announced his plans to export coal to Ukraine. “Ukraine already tells us they need millions and millions of metric tons of coal,” Trump said at an event at the Department of Energy. “Right now,…