Russia: Rosterminalugol exports 10 million tons of coal

In early June, Rosterminalugol exported its 10-millionth ton of coal since the start of the year.

The anniversary ton was loaded on the Redmer Oldendorff (Post-Panamax).

This was the 141 vessel loaded this year.

On June 10, the company set a new record of railroad car unloading – 95.4 thousand tons. (Ukrainian metal)

Ukraine: Azovstal shuts down BF6 for repairs

Azovstal Iron and Steel Works has shut down its blast furnace No. 6 for capital repairs.

Its modernization will improve its efficiency, lower manufacturing prime cost and decrease dust emission by 55%.

At present the specialists are preparing to start disassembling structures. (Ukrainian metal)

Russia: Alfa-Bank cuts stake in Polymetal

Alfa-Bank has reduced its stake in Russian precious metals producer Polymetal International by 0.03% to 4.98%, the bank said in a statement on June 11.

The reason for the reduction was not disclosed. (Prime/Ukrainian metal)

Russia: CherMK commissions coil-rewinding machine

Cherepovets Iron and Steel Works has assembled and put into operation an APR-650 coil-rewinding machine with the capacity of 650 thousand tons per year.

The machine is scheduled to reach its design capacity in Q3.

Over 30 jobs have been created.

In May employees were trained by LDM (Italy) specialists. (Ukrainian metal)

Russia: ChTPZ H1 2019 revenue to drop

In H1 ChTPZ expects to sell over 900 thousand tons of pipe products. According to the pipe division CEO Boris Kovalenkov, the expected drop of revenue – to 88 billion rubles – will be compensated for in H2. Net debt to EBITDA ration will be 2.5-2.75. Last year ChTPZ pipe division enterprises sold 1.92 million…

Ukraine: AMKR shows facilities with significant environmental benefit

In the lead-up to World Environment Day, ArcelorMittal Kriviy Rih invited the public to its industrial facilities that were declared in the city environmental program and already reconstructed with significant environmental benefit. Environment protection specialists of Mining and Steelmaking Complex companies, the representatives of governmental entities, local government authorities of Kriviy Rih and other cities…

Ukraine: scrap collection falls as export duties bite

Ukrainian scrap collection volumes have fallen over the past year, dented by declining availability of obsolete scrap and a sharp fall in exports. Total Ukrainian scrap collection fell by 7% YoY, to 1.04 million tons in January-April, industry association UAVtormet’s president, Volodymyr Boubley, said last week. The trend continued in May amid extended holidays at…

Kazakhstan: gold mill to be built

“A gold processing mill with a capacity of 5 million tons a year will be built soon in Burabay district, Akmola region,” deputy governor of Akmola region Marat Igaliyev announced. RG Gold Company is developing the Raigorodok gold ore field in Akmola region. It is situated along the big gold ore belt not far from…