According to the International economic rating “Best of the Best” Zaporozhye Iron Ore Complex was named “Company of 2016”. The new status has been confirmed by Standard Chartered Rating GmbH (Germany), International Rating Association (Hong Kong) and Summit International Awards (Ukraine). “This prize is the high evaluation of both the company reputation on the whole,…
In 2016 the state enterprise Volynugol had to mine 310 thousand tons of coal. The enterprise mined 185.4 thousand tons, or 59.8% of the plan. At the end of the year average daily output improved, in particular to 622 tons, up by 108.88 tons QoQ. This year the target for the enterprise is 391 thousand…
In 2018 the managing company Siberian Mining and Metallurgical Company plans to start processing Evraz West-Siberian Iron and Steel Works furnace wastes into pig iron. According to the company, the project is currently in development, and the investments are estimated at 200 million rubles. “SGMK has large stocks of metallurgical raw materials arising from the…
In 2016 Altai-Koks produced 4.06 million tons of coke, up by 0.7% YoY. Capacity loading remained high – over 95%. The company supplied some 84% of the coke produced to the local market, including 76% within NLMK Group. The rest was exported to Kazakhstan, Ukraine, Uzbekistan, Germany, Belgium and Finland. (Ukrainian metal)
Kazakh coal producers are interested in entering new markets in Europe and Asia after the reduction in coal export to Russia, Executive Director of the Republican Association of Mining and Metallurgical Enterprises Nikolai Radostovets said. Russia is set to replace Kazakh coal imports to its own coal, within the program of industry development until 2030.…
The National Tariff Commission of Pakistan after finishing the antidumping investigation into imports of cold-rolled coil and sheets originated from China and Ukraine has introduced safeguard measures. According to an official report of the commission, the decision on imposing antidumping duties was made on January 19, for the period of five years. Cold-rolled products are…
In 2017 ArcelorMittal Kriviy Rih intends to keep sinter ore output volumes on the last year level – 850 thousand tons. At present sinter ore is mined at the speed of 10-12 thousand tons per month. The ore reserves are estimated at 24 million tons, enough for 15 years of operation. (Ukrainian metal)
The Dalnevostochnaya Power Company plans to limit the supplies of the heating energy to Amurmetal, as the works has been increasing its debts for heating since November 2016. In November 2016 the company debts totaled 15 million rubles, increasing to 20 million rubles in December 2016. According to the power company, in January the debt…