Irshansk Mining and Processing Works has ordered Star-car LLC a car valued at 1.25 million UAH. The company will supply Toyota Highlander (Elegance). Star-car received the order without competition. The expected price was 1.3 million UAH. (Ukrainian metal)
The flooding of the mines on Ukraine-uncontrolled part of Donbass gradually results in the same processes in mines that are situated on the controlled territory. “For example, the volume of water that floods the Zolotaya mine (controlled territory) is 940 tons per hour”, the deputy minister on temporarily occupied territories and internally displaced persons Georgy…
Torex, owner of Amurstal, and Posco Daewoo Corporation have signed a memorandum on deliveries. By the end of the year Amurstal will have additionally exported 300 thousand tons of steel billets to South Korea. South-Eastern Asia countries account for 60% of the company sales, with 40% supplied to the domestic market. The company employs 3…
In January-May Russia mined 176.17 million tons of coal, up by 5.5% YoY. SUEK companies contributed 47.25 million tons, up by 1.8%. Kuzbassrazrezugol mined 17.78 million tons, down by 5.5%. It is followed by SDS-Ugol with 10.82 million tons, up by 6.2%. Vostsibugol extracted 6.13 million tons, up by 11.7%. In 5 months Russia exported…
Ferrexpo believes the Belanovsky Mining and Processing Works will reach its full capacity (20-30 million tons per year) not earlier than in 2023. According to the company investors and communications manager Ingrid McMahon, the GOK has already started mining ore. At the same time, full capacity might be reached much later, as everything depends on…
The European Commission has stopped the antidumping investigation of the imports of ferrosilicon with Ukrainian origin. Following the investigation, Ukrainian products will not be affected by antidumping duties on the EU market. In 2017 Ukraine exported $54.7 million worth of ferrosilicon to EU, up by $17.8 million YoY. (Ukrainian metal)
Ferrexpo is minimizing pellets sales on the markets of the Eastern Europe, at the same time increasing deliveries to constant buyers of premium products in Germany and Austria, South Korea and Japan. “We are not leaving the markets of the Eastern Europe, but we are gradually decreasing exports there, re-orienting on our main customers, in…
Russia marked Environment Day on June 5 – an important date for Magnitogorsk Iron and Steel Works (MMK), as the company annually invests billions of rubles in environmental activities. Employees of MMK’s environmental laboratory, created three decades ago, celebrated their professional holiday. Ongoing reduction of the plant’s environmental impact and adoption of the best available…