In Q3 Metinvest produced 1.276 million tons of coke, up by 11% YoY. The increase has to do with the growth of Avdiivka Coke and Chemical Works output by 155 thousand tons, which has compensated for the decrease at Azovstal and Zaporozhkoks by 19 and by 14 thousand tons respectively. In 9 months coke output…
In January-September Raspadskaya enterprises mined 8.559 million tons of coal, up by 17% YoY. According to the company statement, in Q3 coal output dropped by 15% YoY, to 2.602 million tons. Sales increased by 4%, to 1.739 million tons, mostly thanks to exports (by 6%), including due to the growth of delivery to Ukraine. (Ukrainian…
The Tominskiy Processing Plant (Chelyabinsk region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work…
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. The new strategy will reinforce TMK’s position as a leading supplier to the global OCTG market, the…
In Q3 Metinvest produced 1.347 million tons of rolled metal, down by 4% QoQ. In particular, flat rolled metal output dropped by 72 thousand tons, to 1.12 million tons. Long rolled metal manufacture increased by 14 thousand tons, to 175 thousand tons. Rails production increased slightly to 8 thousand tons. In 9 months rolled metal…
In Q3 Metinvest produced 2.026 million tons of pig iron, on the level of July-September 2016. The drop of output at Azovstal (by 77 thousand tons) was compensated for by the increase at Mariupol Ilyich Iron and Steel Works (by 78 thousand tons). In particular, Azovstal produced 868 thousand tons of pig iron, down by…
In Q3 Metinvest produced 1.802 million tons of steel, down by 3% YoY. In January-September the group produced 5.725 million tons of steel, down by 10% YoY. In particular, Azovstal in Q3 decreased steel output by 8% QoQ, to 1 million tons, while Mariupol Ilyich Iron and Steel Works was able to increase output by…
Energomashspetsstal has produced a large batch of rolls for ABB. According to the company statement, products were supplied to ABB enterprises in Finland and Poland. The total weight of the batch is 154.55 tons. The rolls will be used in the manufacture of electric engines. In 2016 EMSS received 1.49 billion UAH of net loss,…