In October Yuzhniy Mining and Processing Works decreased concentrate output by 2% YoY, to 1.092 million tons. Sinter output grew by 9.4%, to 184.1 thousand tons. In January-October UGOK produced 10204.9 thousand tons of concentrate, up by 0.8% YoY, and 1407.7 thousand tons of sinter, down by 9.8%. In 2017 UGOK produced 12269.8 thousand tons…
The Energy and Coal Industry Ministry impeded the process of creating the National Coal Company, according to Prime Minister Volodymyr Groysman. “At the previous meeting we decided to allocate UAH 500 million for coal mines and to establish the National Coal Company. Now the process of its creation starts. The ministry had hampered this process…
AvtoKrAZ and Everlast have produced a truck tanker for ArcelorMittal Kriviy Rih. The tanker is used to transport and temporarily store coke gas concentrate. The volume of the tank is 10 cubic meters. This is the first time that AMKR has ordered machinery from AvtoKrAZ. (Ukrainian metal)
In October deliveries of scrap to the major metal and pipe plants via railroad totaled 1.54 million tons. According to the railroad statistics, this is up by 3.8% YoY. In January-October scrap deliveries grew by 4.3% YoY, to 11.78 million tons. (Ukrainian metal)
In October railroad deliveries of rolled steel and pipes from the major metal companies to the Russian customers and for exports decreased by 5% YoY, to 4.96 million tons. Sales to the local market dropped by 6.2%, to 2.94 million tons, and exports – by 3.3%, to 2.02 million tons. In January-October metal sales via…
In October railroad transportation of ferrous metals in Russia totaled 6.1 million tons, down by 1.1% YoY. Deliveries to the domestic market reached 3.53 million tons, down by 0.6%. Exports grew by 1.2%, to 2.18 million tons, while imports dropped by 17.8%, to 317.6 thousand tons. In January-October ferrous metals railroad transportation increased by 8.1%…
In January-September Nordgold produced 675.9 thousand ounces of gold, down by 6% YoY. Gold sales earned the company $857.9 million, down by 5%. EBITDA dropped by 9%, to $345.5 million. Net profit decreased by 4%, to $109.2 million. The company has cut its 2018 output forecast from 950-1000 thousand ounces to 900-950 thousand ounces of…
300 million UAH, provided to the coal industry by the Cabinet of Ministers on October 24, were transferred to the accounts of the coalmining enterprises. The miners have already started receiving their salary. At the same time, this will only cover a part of the salary debts. For example, Lisichanskugol mines received 62 million UAH,…