DTEK intends to increase gas-coal output to 25 million tons per year to be able to fully cover Ukraine’s need in the fuel. “We have enough gas-coal stocks. But this is the matter of state policy, the issue of price creation and the market tools, which have to work. Coal industry needs constant investments”, the…
The restoration of the 10% tungsten ore and concentrates export duty, scheduled for September, has been postponed till the end of the year. Thus the current 0% duty will be valid through December 31. The export duty was imposed in 2013. In 2016 after requests from manufacturers it was temporarily cancelled. (Ukrainian metal)
Vorkutaugol, one of the major coalmining companies in Russia, has processed a record of 135 thousand tons of coking coal in a month. In order to hit a record, the company Pechorskaya central processing factory carried out all the necessary preparation works in H1. (Ukrainian metal)
In January-August Uralelectromed produced 31 thousand tons of copper sulfate, up 1.6-fold YoY. The output increase has to do with the favorable market situation, flexible marketing policy of the company and the constant replacement of equipment. Some 70% of its copper sulfate the company exports to Europe. (Ukrainian metal)
The Supreme Commercial Court has confirmed the ruling to recover 6 million UAH from the only primary aluminum manufacturer in Ukraine – Zaporozhye Aluminum Works for the illegal use of the city land. Without any contracts and agreements ZALK has been using the territory of the city with the total size of 50 ha, thus…
PAO Severstal announces the repayment of $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by Holdgrove Limited and guaranteed by PAO Severstal. Holdgrove Limited (the “Issuer”), a wholly-owned subsidiary of PAO Severstal incorporated under the laws of the Republic of Cyprus, has fully repaid the $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by the…
The Belarus Iron and Steel Works has been granted the strategic supplier status by the top Russian tire manufacturer Cordiant, BMZ Press Secretary Alexander Olesik reported. The relevant certificate was presented to BMZ representatives during the Supplier’s Day conference in the Russian city of Yaroslavl when the 15th anniversary since the tire maker was established…
The situation at the state enterprise Volynugol has been discussed at the region state administration. According to the administration chairman Vladimir Gunchik, the Volynugol results are by far not the best among coal industry enterprises. “Coal mining has dropped by 57 thousand tons”, he said. The miners haven’t been paid salary for 1.5 months. “That’s…
