Ukrzaliznytsia (Ukrainian Railways) continues preferring Russian transit cargo to local transportation, the letter of the Poltava Mining and Processing Works commercial director Dmitry Spatar to the minister of infrastructure Vladislav Krikliy says. “Despite the promise to decrease the volume of transit cargo from 240 thousand tons to 40 thousand tons, an increase of transit cargo…
The Commercial Court of Kyiv has cancelled the decision of the Antimonopoly Committee of Ukraine dated April 25 of a fine of 55 million UAH on the TAS Group of Companies, belonging to Sergey Tigipko, for the violation of legislation on the economical competitiveness protection while purchasing Dneprometiz shares. The corresponding decision for the suit…
European banks will be able to provide Black Iron with a loan of $250-300 million for the construction of a mining and processing works at the Shimanovsky ore massive near Kriviy Rih. The banks have not been named. Black Iron has been engaged in the GOK construction for almost 10 years – the asset was…
In January-November Dneprovsky Iron and Steel Works decreased rolled metal output by 37.3% YoY, to 444 thousand tons. Steel manufacture dropped by 38.3%, to 511 thousand tons, and pig iron – by 38.4%, to 492 thousand tons. In November only rolled metal was manufactured (some 10 thousand tons). (Ukrainian metal)
In its 45 years of operation the Sibir Central Processing Factory, a part of Yuzhniy Kuzbass, has processed 275 million tons of coal. The factory was commissioned on December 30, 1974 as one of the largest in the industry – its design capacity exceeded 6 million tons per year. So far 215 million tons of…
According to Discovery Research Group, the aluminum section market in Russia in 2018 totaled 242,266.6 tons. In H1 it reached 123,936.4 tons. This year the company expects an increase of 1.5-3% YoY. Manufacture accounts for 83% of the Russian aluminum section market. Hence, manufacturing dynamics has a more noticeable influence on the market than imports…
By 2030 steel consumption in construction industry could grow to 39 million tons, up by 30% from 2018. According to Severstal deputy sales director Roman Senatorov, in 2018 Severstal sales to construction companies totaled 4.2 million tons. This year they are expected to grow by 14%, and by 2023 – by 4%, to 5 million…
On November 21 Polyus Verninskoye gold output exceeded 7 tons, and the next day it beat the whole 2018 output – 7024 kg. The increase in output is due to the replacement of machinery. In particular, the Verninskiy Mining and Processing Works now operates a Komatsu HD-1500-8 trucks with the lifting capacity of 142 tons.…