The Eurasian Economic Committee intends to impose a 5-year antidumping duty on Ukrainian hot-rolled angles in the amount of 37.89%. “The price of goods originating from Ukraine in 2013-2016 was lower than that of the manufacturers by 6.9% on average. The share of imports increased by 7% YoY in 2015. This is enough to impose…
Mariupol Ilyich Iron and Steel Works is reorienting its manufacture to suit the demand and diversifies it under the conditions of the growing protectionism on the world steel markets. “Previously it was a record to bring 10 new products to the market in a year, now we can start producing 2-3-fold more. In H1 we…
NLMK Group has signed a two-year contract with the road building company Avtoban for the supply of by-products that will be used in the construction of a start-up facility No. 3 of the Central Ring Road in the Moscow Region (CRR-3). The CRR is set to be a key link in the transport network of…
PJSC Centrenergo has signed a contract with XCOAL Energy & Resources (the United States) to supply about 700,000 tons of anthracite coal by the end of 2017, head of the company Oleh Kozemko has said. “We signed a contract on July 14, expect about 700,000 tons by the end of the year,” he said at…
Owner of the Russian steelmaker Severstal Alexei Mordashov outpaced Leonid Mikhelson, major shareholder of the national gas producer Novatek, in the rating of the richest Russians, Forbes said on July 31. Mordashov’s wealth is estimated at $16.8 billion, followed by Mikhelson with $16.2 billion, it said. “The ascent of Mordashov was facilitated by a significant…
PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the second quarter and the first half of 2017. First Vice-President – Chief Operating Officer, Sergey Dyachenko commented on the production results: “In Q2 our platinum group metals (PGMs) production increased substantially owing to the…
Ukraine’s production of coal decreased by 558,400 tons, or by 2.9%, in January-June, compared to the same period in 2016. This has been stated in an information note on the main indicators of the Ukrainian fuel and energy industry development over the first six months of 2017. “In January-June coal-mining enterprises of Ukraine produced 558.4…
In January-June Vysochaishy (GV Gold) mined 2.2 tons (71 thousand ounces) of gold, down by 15% YoY. “The drop in output has to do with the scheduled decrease of ore mining (by 13%) and processing of lower gold-containing ore (by 16%)”, the company explains. Gold sales in H1 totaled $84.1 million, down by 14% YoY.…
