Amurmetal, which resumed operation in late July, exports over 60% of its products to the Southeast Asia. “We deliver to Thailand, the Philippines, and Korea, which don’t have large steel capacities because of the lack of energy resources, but do have rolling manufacture. We supply our steel billets there, they roll them and sell locally…
In late 2017 Velta intends to start constructing the mining and processing complex on the basis of Lekarevskoye titanium ores deposits in Kirovograd region in case it gets the license from the State Service of Geology and Subsoil Use. The Kirovograd regional council on August 22 approved of granting the company the right to use…
The net profit of Russian metals and mining group Mechel, attributable to shareholders, fell by 40% YoY, to 4.994 billion rubles in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said on August 23. The entire profit fell by 38%, to 5.682 billion rubles. EBITDA grew by 56%, to 40.227 billion rubles,…
Mariupol Ilyich Iron and Steel Works has signed a contract with the leading manufacturer of machinery for ferrous and non-ferrous metallurgy Primetals Technologies Austria GmbH. This year the company has started reconstructing the 1700 sheet-rolling shop. “The signing of the contract for the basic engineering of the mill is the next step”, the company CEO…
Coal mining in Ukraine (not taking into account the temporary occupied territory of Crimea and Sevastopol, as well as the ATO zone) in July decreased by 26.9% YoY, to 1.9 million tons. According to the State Statistics Service, coal mining also dropped by 1.9% MoM. (Ukrainian metal)
Beringpromugol (subsidiary of Australia’s Tigers Realm Coal), which is an anchor resident of the Priority Development Area Beringovsky (Beringovsky PDA) in Chukotka, is going to build a coal processing plant in the framework of the Amaam field development project by 2019, press center of the Ministry for the Development of the Russian Far East cites…
The Insulation Pipe Works has finished delivering insulated pipes and fittings for T Plus Group. The pipes will be used to construct heating network in the cities of Penza, Kirov and Saratov. The length of pipes totaled 7.5 km. (Ukrainian metal)
Russia supplies some 10 million tons of coal to Ukraine annually and intends to retain the market. “I don’t think that the first coal batch from US will affect us. Mostly because we supply coking coal for metal enterprises. Ukraine used to get the power-generating coal from the DPR and LPR (Russia-created terrorist organizations of…
