Ukraine: coalmining licenses suspended

The State Service of Geology and Subsoil Use has suspended special permits to mine coal of the Mine “Rossiya” LLC and the Mine 1-3 Novogrodovskaya LLC. The basis for the suspension of the permits is the violation of two clauses of the “Ukrainian Subsoil Code”. The service has given the companies 10 days to set…

Ukraine: Azovstal shuts down converter No. 2

Azovstal has shut down its converter No. 2 for an 8-hour repair to service gas-purifying equipment.

A month ago the converter was also shut down to repair technological equipment, sensors, etc.

Within the following 4 years Azovstal intends to invest over $300 million into environment-protection projects. (Ukrainian metal)

Ukraine: Ukrzaliznytsia limiting AMKR transportation

Ukrzaliznytsia has imposed temporary limitations on the foreign transportation to ArcelorMittal Kriviy Rih. The prohibition will be in effect until it is cancelled, and covers transportation of all cargo from railroads of CIS and Baltic States. Earlier AMKR experienced a railroad shop strike. Ukrzaliznytsia agreed with metal companies to coordinate actions on cargo transportation. (Ukrainian…

Russia: gold output up in January-April 2018

In January-April Russia increased raw and semi-raw gold, or in powder form output by 2% YoY.

According to Rosstat, in April gold output grew by 14.1% YoY.

At the same time, gold manufacture dropped by 8.3% MoM. (Ukrainian metal)

Russia: TMK to continue exporting billets to US

The Pipe Metallurgical Company will continue supplying steel billets to the USA despite the $25 import duty. According to the company deputy CEO on strategy and corporate development Vladimir Shmatovich, TMK is trying to make the US authorities exclude its products from the list of duties. “Still, the price growth on the US market and…