Russia: Severstal and Lukoil to develop cooperation

Lukoil president Vagit Alekperov and Severstal chairman Alexei Mordashov have held a working meeting in Moscow. They discussed development of cooperation. “Severstal is an important partner for Lukoil. It is one of the leaders in Russian metal and mining industry, a company with a vast international experience. We’ve been developing cooperation since 2006, helping each…

Ukraine: coal imports up in January-September 2018

In January-September Ukraine increased imports of coal by 20% YoY, to 15.64 million tons. According to the State Fiscal Service, the cost of coal was $2.191 billion, up by 15.4%. Russia supplied $1.374 billion worth of coal (62.72%), USA – $670.563 million (30.59%), Canada – $86.93 million (3.97%) and other countries – $59.532 million (2.72%).…

Russia: Evraz NTMK output to increase

Nizhniy Tagil Iron and Steel Works, a part of Evraz, will construct its fifth continuous casting machine. “We’re modernizing extraction systems in the mixing department, which will decrease impact on the environment. We are also planning to develop the department of continuous cast steel and have started the project of the CCM No. 5”, Evraz…