In January-August Ukraine exported 25.78 million tons of iron ore and concentrate valued at $1.744 billion. According to the State Fiscal Service, this constituted a 6.3% share in the total exports. The largest batches of ore were shipped to China ($496.279 million, or 28.4% of the total exports), Slovakia ($192.498 million, 11%) and Austria ($191.821…
In January-July Kazakhstan mined 144.1 billion tenge worth of ore, up by 57% YoY. Kostanay and Karaganda regions yielded the most – 128.1%, up by 54.7% YoY, or 88.9% of the total volume, and 14 million tenge, up by 78.4%, or 9.7% of the total respectively. ArcelorMittal Temirtau was the largest contributor in both regions.…
Kama-Trade Tatarstan LLC, one of the leading metal suppliers, will open a service metal-processing center on EPS cleaning of metal in the city of Naberezhniye Chelny. The company has received 228 million rubles from the Fund of mono-cities development for the project. Total investments will reach 570 million rubles. By 2019 the project will have…
Omolonskaya Gold-Mining Company (OZRK), a part of Polymetal, has received a license to prospect a new site of the Nadezhda Ore Group in the Magadan region. The license is valid for 7 years. The site is 45 km from the Kubakinskaya gold-processing factory, belonging to OZRK. The company will start drilling in 2018. If gold…
Stainless steel consumption in Russia is gaining pace. For example, in H1 demand for stainless rolled metal increased by 25.7%, and had to be satisfied with imported metal. This situation will persist, as only Mechel has plans to carry our investment project in the segment of stainless and special steels. Thus the dependence of Russian…
In August the Obukhovskaya Mine Group (Rostov region, Russia), a part of DTEK, supplied some 105.3 thousand tons of anthracite to Ukrainian thermal power plants, slightly more than in July (103.5 thousand tons). Of this volume 88.8 thousand tons were delivered to Lugansk TPP (89.7 thousand tons in July), and 16.5 thousand tons to Pridneprovskaya…
In January-August the MMK Trading House sold 840 thousand tons of metal, up by 14% YoY. In particular, in August the company hit a record of monthly sales – 145 thousand tons of rolled metal, metal wares and sections. Warehouse sales increased due to the optimization of logistics and the increase of deliveries to end…
Under the environment program Chelyabinsk Iron and Steel Works increases iron-containing sludge processing 2-fold. This will decrease industrial wastes. Manufacturing by-products contain up to 40% of iron and can replace iron ore concentrate that the company has to buy. Previously ChMK used only the current volumes of iron-ore wastes. They were scrupulously collected with the…