The state enterprise Lvivugol has ordered Zakhist Trade LLC the delivery of mining rescuing equipment valued at 25.45 million UAH. This year the company will supply 2679 self-rescuers manufactured by Dezega SP (Turkey) at 9500 UAH apiece. In June the state enterprise Selidovugol ordered another company the delivery of the previous version of these self-rescuers…
Zaporozhye Titanium and Magnesium Works has ordered Mars-A LLC the delivery of coal valued at 8.98 million UAH. This year the company has to supply 1500 tons of AM coal at 5986 UAH per ton, or $226 per ton. In October the same company sold coal of unknown grade to ZTMK at 5405 UAH per…
Metinvest consolidated revenue in January-September increased by 36% YoY, to $6.222 billion. “This has to do mostly with the growth of metal products and iron ore prices”, the group said in a statement. The increase of demand resulted in the growth of flat rolled metal sales by 433 thousand tons, slabs by 121 thousand tons,…
SKAD Casting-Mechanical Plant (Krasnoyarsk region), one of the largest aluminum alloys wheels manufacturers in Russia, this year has increased output by 27% YoY, to 1.2 million wheels. So far exports account for 40% of sales. In 2018 the company will increase investments in modernization and development. This will allow SKAD to increase output by 200-250…
During a tour of the ECOTECH 2017 Exhibition, RF Minister of Natural Resources and Environment Sergey Donskoy and Honorable Forum delegate, UN Deputy Secretary General, Executive Director of the United Nations Program for the environment Erik Solheim visited the RCC stand. The minister described the RCC Exhibition to the high-ranking guest as an example of…
The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…
In January-September Metinvest EBITDA grew by 39% YoY, to $1.373 billion mostly thanks to the mining segment share increase by $653 million. Metal segment EBITDA dropped by $273 million. “The increase of the consolidated EBITDA mostly has to do with the sales prices growth on the background of sales to such strategic markets as Europe,…
In January-September Metinvest increased capital investments by 55% YoY, to $308 million. The mining segment accounted for 55% of investments as opposed to 48% in January-September 2016, while metal segment for 43% (51%). Investments in the metal segment went to Mariupol Ilyich Iron and Steel Works and Azovstal. While mining investments were transferred to Severniy…