In January Russia produced 882 thousand tons of pipes, down by 7.7% YoY and by 10.7% MoM. According to the Rosstat, rolled metal output decreased by 4.5% MoM, but was on par with January 2018 – 5.1 million tons. Russia produced 4.4 million tons of pig iron, down by 4% YoY and by 1.4% MoM.…
In January the Novosibirsk subsidiary of the First Cargo Company increased the ferrous metals transportation 1.7-fold YoY, to 38 thousand tons. “The positive dynamics is due to the consumption growth on the domestic market and high demand from North-Eastern Africa and the Near East”, the subsidiary director Yevgeniy Dolzhenko said. Ferrous rolled metal transportation grew…
In 2018 KAZ Minerals profit increased by 14% YoY, to $510 million, thanks to the growth of copper output and sales. Revenue grew by 30%, to $2.16 billion. EBITDA went up from $580 million to $642 million. Copper output increased by 16%, to 296 thousand tons. (Ukrainian metal)
Dobropolskaya mine has commissioned the first new long face this year. On February 20, the miners descended to the site No. 1 of the long face No. 4. The shaft has enough coal for 11 months of operation – some 430 thousand tons. DTEK invested 50 million UAH in the long face. In March DTEK…
In January Ukraine increased pig iron exports by 25% YoY and by 58.7% MoM, to $95.083 million. According to the State Fiscal Service, imports dropped by 74.3% YoY and by 88% MoM, to $0.009 million. The main customer in January was the US ($60.65 million). In 2018 Ukraine exported $1.052 billion worth of pig iron,…
Evraz NTMK has chosen suppliers of the main machinery for the modernization of its blast furnace No. 6. Investments in the project total $150 million. The main machinery will be supplied by Paul Wurth S.A. Electric equipment will be supplied by Primetals Technologies. “The modernization of the blast furnace No. 6 will allow us producing…
On February 22 Pravourminskoye LLC was accepting offers for its BO-01 bonds valued at 3 billion rubles. The placement of 10-year bonds is scheduled for February 27. The maturity date is March 31, 2028. The value of each bond is 1 thousand rubles. In December 2012 the company placed 7-year bonds valued at 3 billion…
Yuzhniy Kuzbass has mined 50 million tons of coal since it put the Olzherasskiy pit into operation. The coal extraction at the pit started in September 1980. Its reserves are estimated at 72 million tons. At present the company is developing two sites – Berezovskiy and Berezovskiy-2. (Ukrainian metal)