Ukraine: Ternovskaya mine puts new long face into operation

Ternovskaya mine has put a new long face into operation.

Its length is 221 meters. The average daily coal output at the face is expected to exceed 2 thousand tons.

The coal reserves at the face will last for 1.5 year. DTEK investments into the long face totaled 78.5 million UAH. (Ukrainian metal)

Russia: coal exports up in 2016

In 2016 Russia exported 163.58 million tons of coal, up by 16.54% YoY.

According to the Ministry of energy, in December 2016 coal exports totaled 14.238 million tons.

Coal mining in December 2016 totaled 35.155 million tons. (Ukrainian metal)

Kazakhstan: metal prices up in 2016

In 2016 prices of the companies in the processing industry grew by 19.6%, in mining – by 14.1%. The wares produced became more expensive by 16.8% YoY, and services – by 3.6%. The largest increase was observed in ferroalloys – by 54%, lead – by 51.9%, rolled ferrous metals – by 39.8%, precious metals –…

Metals of Ukraine & Russia: channel (structural steel), November 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR64.9*

min

max

October

551

618

November

558

618

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Ukraine: 15.6 million tons of coal imported in 2016

Ukraine in 2016 imported coal and anthracite valued at $1.467 billion, in particular in December 2016 for $172.008 million. According to the State Fiscal Service, Russia supplied coal for $906.298 million, the United States for $212.11 million, Canada for $94.374 million, other countries for $254.308 million. Thus, in money terms imports of coal and anthracite…

Ukraine: coal stocks at TPPs up

Coal stocks in the warehouses of thermal power plants (TPP) of Ukraine from December 25, 2016 till January 2, 2017 increased by 3%, from 1.7 million tons to 1.751 million tons, Ukrenergo has reported. In particular, anthracite coal stocks grew by 1.6%, to 891,000 tons (including 128,000 tons at Luhansk TPP), while gas coal and…

Metals of Ukraine & Russia: scrap (grade 3a), November 2016

Month

Russian market, $/t, FCA, without VAT, $1/RUR64.9*

min

max

October

62

185

November

77

196

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: new beryllium project planned

Expert Council of the Industry’s Development Fund approved 12 preferential loans amounting up to 2.93 billion rubles (approximately $48.305 million). According to one of them, company Rare Metals of Siberia plans to organize a plant to process beryllium ores into pure beryllium and its compounds. Rare Metals of Siberia has a technology for primary raw…

Russia: IMH increases debt

Eurasian Development Bank (EDB) and the Industrial Metallurgical Holding (IMH) signed a loan agreement to boost iron ore outputs. The document was signed by Konstantin Limitovsky, Deputy Chairman of the Management Board at EDB, and Evgeny Zubitskiy, President of IMH. In accordance with the agreement, EDB will provide $90 million to IMH for eight years.…

Ukraine: AMKR launches engineering and geological research at the site of LF-CC 2

ArcelorMittal Kriviy Rih launched geological engineering survey at the construction site of future LF-CC No. 2. On January 3, R&D Institute Mekhanobrchermet commenced the works; the first wells have been drilled at construction site. The plan is to drill approximately 50 wells in January, thus to receive accurate information about geological conditions of the site…

Ukraine: terrorists claim 47% of coal taxes

Terrorists of the so-called Lugansk People’s Republic receive 47% of the anthracite supplied from the occupied part of Donbass to the state power company Centrenergo as “taxes”, the State Security Service of Ukraine reports. “From the money received for supplying coal the minister of fuel, energy and coal industry of the LPR pays 47% to…

Ukraine: scrap exports facilitated

Ukraine’s Cabinet of Ministers has facilitated exports of scrap ferrous and nonferrous metals, revoking the registration of foreign economic contracts related to transactions with scrap metal. The amendments were made to some government resolutions in resolution No. 1035 dated December 28, 2016. The resolution also annuls some previous government resolutions. “The government has relaxed the…