Ukraine: TPPs have no coal stocks

Ukraine did not create the state coal reserves, as there were no problems with coal delivery prior to Donbass blockade, while the price of imported coal was much higher than that of the local coal. To diversify coal deliveries the minister of energy and coal industry Igor Nasalik suggests returning the so-called coal component of…

Kazakhstan: KAZ Minerals income up in 2016

In 2016 KAZ Minerals increased its income by 43% YoY, to $969 million. According to the company statement, it produced 140.3 thousand tons of copper cathodes, up by 73% YoY. Sales increased from 84 thousand tons of copper in 2015 to 141 thousand tons, which allowed covering the decrease in price: $4860 per ton, down…

Russia: BMK named reliable supplier by Irkutskcable

In 2016 Beloretsk Iron and Steel Works, a part of Mechel, received the highest supplier reliability category from Irkutskcable, one of the largest cable manufacturers in Russia. BMK supplies steel galvanized wire in various sizes to the company. Having assessed such criteria as product quality, quality management certification system, period of cooperation, supplier loyalty and…

CIS: steel output up in January 2017

In January metal companies from CIS-countries produced 8.935 million tons of steel, up by 11.4% YoY. Ukraine increased steel output by 8.5%, to 2.103 million tons, and occupies the 10th position in the world steel manufacturers list. Russia is on the 5th position with 6.183 million tons of steel, up by 11.6%. All the other…