Ukraine: state mines’ coal price up

The Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…

Russia: NLMK Group 2016 results

In 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…