Ukraine: NCC to start operating in 2-3 months

The Ministry of energy and coal industry reports that the state enterprise National Coal Company will begin full-scale operation in 2-3 months. According to the deputy minister Anatoly Korzun, the enterprise will optimize the structure of the coal industry management and considerably improve financial conditions of mines. The company will unite 19 state enterprises containing…

Russia: UEM confirms Ural gold quality

Uralelectromed has demonstrated the highest quality of refined gold, having confirmed its international status of Good delivery.

The status has to be confirmed by LBMA members every three years.

Uralelectromed has been a member of LBMA since 2006.

For three years UEM has been producing 10.5 tons of gold per year. (Ukrainian metal)

Russia: MMK receives top global Energy Management award

The PJSC Magnitogorsk Iron and Steel Works (MMK) won the 2018 Award of Excellence in Energy Management from the Clean Energy Ministerial (CEM), a high-level global forum that promotes policies and programs to advance clean energy. An independent panel of international experts selected only three organizations worldwide for this top honor in energy management. The…

Russia: ferrous scrap imports from Kazakhstan up in Q1 2018

In March Russia imported 26.7 thousand tons of ferrous scrap from Kazakhstan, up by 20.2% MoM, but down by 19.6% YoY.

In February the results were -3.1% and +40.6%, while in January –62.6% and –40.3% respectively.

In January-March imports totaled 72 thousand tons, down by 34.1% YoY. (Ukrainian metal)

Tajikistan: coal output up in January-April 2018

In January-April Tajikistan mined some 268 thousand tons of coal. According to the Ministry of industry and new technologies, preliminary needs of industrial enterprises in coal in 2018 amount to 920 thousand tons, of budget organizations – 57.2 thousand tons, heat and thermal power plant Dushanbe-2 and boiler houses – 1.245 million tons. So far…

Tajikistan: TALCO to start mining gold

TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…

Russia: aluminum consumption growing

Even though aluminum consumption per capita is lower in Russia, than in EU, in 2017 Russia claimed the first place in aluminum consumption growth (by 10%) as a whole and primary aluminum (by 11%) in particular. The main drivers of consumption growth are construction, car manufacture, and machine-building. Combined they will soon account for 80%…

Russia: ChTPZ and SAP to cooperate

During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…

Russia: Mechel output down in Q1 2018

In January-March Mechel produced 1.055 million tons of steel, down by 6% YoY. Pig iron output also dropped by 6%. “We’ve focused on the manufacture of sections and mastering new sizes of beams. Because of the stable demand for these products, we have increased their output by 17%. We now produce some 20 types of…

Ukraine: coking coal provision down in April 2018

In April Ukrainian by-product coke enterprises received 1.12 million tons of coking coals, down by 18% MoM. In particular, Ukraine-produced coal deliveries totaled 0.24 million tons, down by 4%, and imported – 0.88 million tons, down by 21%. In January-April by-product coke plants received 4.74 million tons of coal, down by 1% YoY, including 1.02…