Ukraine: coal consumption down in July 2017

In July Ukraine decreased consumption of coal by 19.4% YoY, to 3.57 million tons, but up by 11.3% MoM.

According to the State Statistics Service, in 2016 Ukraine consumed 31.3 million tons of coal, up by 9.4% YoY.

In June coal consumption decreased by 21.5% YoY, to 3.2 million tons. (Ukrainian metal)

Russia: NMZK fire insignificant

A fire on the territory of Novosibirsk Iron and Steel Works named after Kuzmin has been extinguished.

The accident took place on August 27.

The firefighters have evacuated 6 people. There have been no casualties.

Furniture and employees personal belongings were on fire in the shop No. 4 basement. (Ukrainian metal)

CIS: pig iron output down in July 2017

In July Russia produced 4.915 million tons of pig iron, down by 7.6% YoY (4.55 million tons in June). In January-July Russian pig iron output dropped by 2.6% YoY, to 35.101 million tons. Ukraine produced 1.79 million tons of pig iron in July, down by 13.8% YoY (1.52 million tons in June), with 14.031 million…

Russia: RZOTsM to assemble pressing line

Revdino Non-Ferrous Metals Processing Works hosted a meeting of UGMK-OtsM, RZOTsM, Uralmekhanobr and SMS Group specialists on the delivery, assembly and commissioning of a new pressing line.

The equipment is expected to arrive in autumn.

The new pressing line will occupy the largest territory in the shop No. 38. (Ukrainian metal)

Russia: KSGOK ships 1 million tons of iron ore concentrate

Kimkano-Sutarsky Mining and Processing Works LLC since the start of its operations has shipped 1 million tons of iron ore concentrate. At present the daily loading is around 100 railroad cars, with 6 thousand tons of concentrate each. The products are exported to the Asian-Pacific countries. By late December the company will have reached the…

Ukraine: VostGOK uranium licenses prolonged

The State Service of Geology and Subsoil Use has prolonged the Vostochniy Mining and Processing Works licenses for subsoil use. “It took my numerous reminders and a miners march to Kiev for the geology commission to gather and prolong the license to mine uranium ore for VostGOK”, the ecology minister Ostap Semerak said. VostGOK is…

Russia: Rusal earnings up in H1 2017

In January-June Rusal increased earnings by 22.3% YoY, to $4.674 billion, mostly because of the LME aluminum price increase and the company sales growth by 3.8%. Earnings in Q2 went up by 7.4% QoQ, to $2,467 billion. The share of the high added value products increased to 49.2% from 44.3%. Corrected EBITDA in Q2 grew…