Ukraine: Svet Shakhtera output up in Q1 2018

In January-March Corum Svet Shakhtera increased output by 32% YoY, to 199.5 million UAH. The main products are chain-and-flight conveyers, cutter loaders and transformer substations. “From late 2016 till January 2018 our mill fleet increased with new machines of Doosan, Mitsubishi and Taurus. Investments in the manufacture totaled 60 million UAH”, the company director Alexander…

Russia: Industry Ministry to help metal makers

The Ministry of Industry and Trade intends to provide state support to domestic metal enterprises to actively increase exports. “As to the metal industry, the development of exports depends on geopolitical factors. But the deep processing both in ferrous and non-ferrous metallurgy will provide for the increase of Russia’s export potential”, the minister Denis Manturov…

Russia: Evraz output down in Q1 2018

The consolidated steel output of Evraz in January-March dropped by 5.5% QoQ, to 3.3 million tons, mostly because of the decrease in pig iron production. Coking coal manufacture increased by 6.7%, to 6 million tons, thanks to the completion of works at the Alardinskaya and Uskovskaya mines’ long faces. Steel sales fell by 5.7%, including…