Russia: Severstal launches major new production line at Cherepovets Steel Mill

PAO Severstal, one of the world’s leading vertically integrated steelmaking and mining companies, has launched a production line for polymer-coated rolled steel products at Cherepovets Steel Mill Metal Coating Workshop number 3 (MCW No. 3). The launch ceremony was attended by Alexey Mordashov, Chairman of Severstal’s board of directors, Alexander Shevelev, CEO of Severstal, Oleg…

Ukraine: Metinvest pays interest on eurobonds

Metinvest has paid $6.509 million of interest on eurobonds with maturity in 2021.

According to the company statement, $3.69 million were spent on paying loans on pre-export financing.

After the payment the total debt of the group on eurobonds is $1.187 billion. (Ukrainian metal)

Russia: KMZ ferromanganese output and sales up in 2017

In 2017 Kosaya Gora Iron and Steel Works sold 63.6 thousand tons of ferromanganese, up almost by 8 thousand tons YoY.

At the same time ferromanganese output increased by 7.8 thousand tons YoY. (Ukrainian metal)

Ukraine: Pervomayskugol gets loan to open new long face

The Cabinet of Ministers has provided the state enterprise Pervomayskugol with the state guarantees for the loan of 2276.2 million UAH.

The funds will be used to commission the new long face at the Gorskaya mine.

The decision on the loan was taken in 2017 by the Ministry of energy and coal industry. (Ukrainian metal)

Russia: ZEMZ starts producing new heat-resistant steel grades in 2017

Zlatoust Electrometallurgical Works goes on with its projects to expand the grade and section portfolio. In particular, in 2017 it started manufacturing new grades of heat-resistant steel (ep99id, ep648vi, ep718 and ei943). These grades are widely used in the manufacture of structure elements and parts operating under high temperature. Last year ZEMZ also started manufacturing…

Russia: international audit confirms MMK’s environmental management quality

Magnitogorsk Iron and Steel Works (MMK) has received a successful supervisory audit of its environmental management system by meeting the requirements of a new version of the international standard ISO 14001. Following the assessment, specialists representing the authoritative international certification body TÜV Nord Cert (Germany) confirmed that the system entirely met the requirements of the…

Ukraine: titanium ore exports up in 2017

Ukraine in 2017 increased exports of titanium-containing ore and concentrate in natural terms by 26% compared to 2016, to 583,772 tons. According to customs statistics released by the State Fiscal Service, during this period exports of titanium ore and concentrate in monetary terms increased by 25.3%, to $105.235 million. Major exports were made to the…

Tajikistan: coal output hits record in 2017

In 2017 Tajikistan mined 1.7 million tons of coal, having set a record. 18 enterprises mine for coal in the republic. The 4 largest promised to mine 1.5 million tons of coal. Other companies obtained some 200 thousand tons. For the past four years Tajikistan has been mining record-high volumes of coal: 870 thousand tons…