In January Russian Railroads transported 105.4 million tons of cargo, up by 1.6% YoY. In particular, coal transportation grew by 5.2%, to 32.9 million tons, coke – by 9.1%, to 0.986 million tons, iron and manganese ore – by 7.5%, to 9.9 million tons, and ferrous metals – by 0.1%, to 6.6 million tons. At…
In January Irkutsk region mined 1354.5 kg of gold, up by 7.5% YoY. At present only ore gold is extracted in the region. The gold-washing season will start in May. In January 4 companies mined for gold in the region – Vysochaishiy, Ugakhan, Polyus Verninskoye and Druza LLC. The main volume was provided by Polyus…
In 2018 net profit of Severstal grew by 51.4% YoY, to $2.051 billion. According to the group statement, its revenue increased by 9.3%, to $8.58 billion. EBITDA was $3.142 billion, up by 21.9%. (Ukrainian metal)
In January Dneprovsky Iron and Steel Combine produced 230 thousand tons of rolled metal, down by 2.1% YoY. Steel output dropped by 4.7%, to 223 thousand tons, and pig iron – by 17.2%, to 207 thousand tons. In December 2018 DMK produced 204 thousand tons of rolled metal, 221 thousand tons of steel and 22…
In 2018 Zaporozhye Iron Ore Complex increased iron ore mining by 1.1% YoY, to 4.552 million tons. The iron content in the ore was 60.91%. Because of the lack of the rolling stock only 95% of the ore mined was shipped (4.464 million tons). In December 2018 the enterprise mined 376.1 thousand tons of ore,…
In January Mariupol Ilyich Iron and Steel Works increased rolled metal output by 20.6% YoY, to 293 thousand tons. Steel manufacture grew by 18.8%, to 335 thousand tons, and pig iron – by 1.2%, to 424 thousand tons. In December 2018 the company produced 261 thousand tons of rolled metal, 294 thousand tons of steel…
Industrial Metallurgical Holding (IMH), one of the global leading suppliers of merchant pig iron and the biggest merchant coke producer in Russia, has announced its operational results for FY 2018. In 2018, Tulachermet achieved record-high pig iron production in the whole history working with two blast furnaces. Total production increased by 3% YoY, to 2,343…
Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has announced its capital investment program for 2019. In line with previous announcements, Severstal plans to invest approximately 95.7 billion rubles in 2019, focusing on the key areas of the company’s updated strategy disclosed during its Capital Markets Day in November 2018…