Russia: Chukotka coal output up in January-May 2018

In January-May Chukotka Autonomous District mined 256.8 thousand tons of coal, up by 23.15% YoY.

Beringpromugol LLC made the largest contribution.

In 5 months the company shipped 205.78 thousand tons of coal, up by 69.4% YoY. (Ukrainian metal)

Russia: MMK EGM approves dividends for Q1 2018

PJSC Magnitogorsk Iron and Steel Works Extraordinary General Meeting of shareholders was held on June 13 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.801 rubles (including tax) per share for the first quarter of 2018. The dividend will be paid in cash by bank transfer…

Russia: Izhstal repairs finishing line

Izhstal has capitally repairs a finishing line of the Xetran bar mill.

The line is used to turn, polish and burnish hot-rolled metal.

All the process is automated.

Izhstal operates two more finishing lines made by Kieserling. The combined output of the lines is 35 thousand tons per year. (Ukrainian metal)

Ukraine: coal output down in January-May 2018

In January-May Ukraine mined 13.9 million tons of coal, up by 0.2% YoY.

According to the Ministry of energy and coal industry, state mines provided for 1.85 million tons of coal, up by 7.6% YoY.

Power-generating coal output last year dropped by 14.6% YoY, to 34.916 million tons. (Ukrainian metal)

Ukraine: electric energy consumption in metal industry up in January-May 2018

In January-May Ukrainian metal companies increased electricity consumption by 10% YoY, to 4.93 billion kW-h.

In May natural gas consumption remained on the April level – 140 million cubic meters.

In January-May 790 million cubic meters of gas were consumed. (Ukrainian metal)

Ukraine: Kuibyshevskaya mine on fire in occupied Donetsk

The citizens of Donetsk, occupied by pro-Russia terrorist forces, report a massive fire at the Kuibyshevskaya mine.

They also publish photos and videos of the fire in social networks.

The mine has been officially closed since 2009, while its administration building burned down this April. (Ukrainian metal)

Russia: VIZ-Stal modernizing crane machinery

VIZ-Stal has commissioned new crane machinery in the cold-rolling shops. The project valued at over 30 million rubles will improve industrial safety and manufacturing efficiency. The lifting capacity of the new bridge crane is 22 ton, up by 2 tons from the previous model, which will increase transportation volumes by 10%. Energy saving equipment used…