Ukraine: DTEK to stop using anthracite coal

DTEK energy holding is planning to refrain from the consumption of anthracite coal and transfer its TTPs to gas coal, DTEK Director General Maksym Tymchenko said. Tymchenko noted that during his last meeting with the DTEK owner Rinat Akhmetov, the issue on the increase of gas coal production was discussed. “DTEK is transferring to gas…

Kyrgyzstan: work on Solton-Sary mine resumed

Operations on Solton-Sary mine were resumed after a seasonal halt, press service of Kyrgyzaltyn OJSC informed. It is noted that the gold processing plant of the mine started working. Repairs, stripping works were conducted and about 4,500 tons of ore were mined during the planned shutdown. “The second line of the gold processing plant will…

Russia: Mechel ships rolled metal for Brest-OD-300 reactor construction

Mechel-Service has supplied over 250 tons of rebars for the construction of the energy complex with the new reactor Brest-OD-300 in Seversk.

The construction is carried out at the site of the Siberian Chemical Works. Rebars were produced at Chelyabinsk Iron and Steel Works. (Ukrainian metal)

Ukraine: South Korea imposes duties on ferrosilicomanganese

South Korea is prepared to impose preliminary antidumping duties on the import of ferrosilicomanganese from Ukraine, India and Vietnam. The Korea Trade Commission has completed the preliminary investigation, having found out the damage to local manufacturers done by imports form the three countries. The commission has recommended the Ministry of finances to impose preliminary antidumping…

Russia: Petropavlovsk profits in 2016

In 2016 Petropavlovsk received $31.7 million of net profits as opposed to $297.5 million of losses in 2015. According to the company statement, its revenue reached $540.7 million, down by 10% YoY. EBITDA increased by 16%, to $200 million. Gold manufacture prime cost dropped by 12%, to $660 per ounce. As of the end of…

Russia: KRU coal output up in Q1 2017

In January-March enterprises of Kuzbassrazrezugol, a part of UMMC, mined 10.8 million tons of coal, including 1.5 million tons of coking coal, up by 300 thousand tons YoY. The group sold 10 million tons of coal, up by 500 thousand tons YoY, with 2.9 million tons delivered to the local consumers and 7.1 million tons…

Russia: aluminum imports to fall

Russia is capable of considerably substituting aluminum imports by 2020. According to the Aluminum Association, at present Russia imports some 250 thousand tons of aluminum products. This is mostly aluminum plates, sections, etc. “Our aluminum industry has enough potential to manufacture these products. By 2020 semi-finished products imports could de substituted with local products at…

Russia: Mechel grinded slag output up in Q1 2017

In January-March Mechel-Materials almost doubled the grinded slag production, to 40 thousand tons.

The grinded slag improves concrete characteristics.

Mechel-Materials started manufacturing this product in 2014. In the production the blast slag from Chelyabinsk Iron and Steel Works is used. (Ukrainian metal)

Kazakhstan: gold output up in Q1 2017

In January-March Kazakhstan produced 19863 kg of raw gold, up by 27.6% YoY.

According to the Statistics Committee of the Ministry of national economy, raw silver output dropped by 5.4% YoY, to 265399 kg. (Ukrainian metal)

Russia: Mechel 2016 results

In 2016 Mechel received 276 billion rubles of revenue, with EBITDA at 66.2 billion rubles and net profit of 7.1 billion rubles. “Steel and raw materials markets last year had a lot of surprises. The year started with the steel price increase, then the coal market revived, and by December 2016 coal prices reached their…

Russia: Evraz gets additional railroad discount

Russian Railroads will provide a 6.6% discount to the tariff for export transportation from the Zapadno-Sibirskaya and Sverdlovskaya railroads.

The discount is valid through December 31, and is applied to the transportation of coal, iron ore and metal to and from stations, near which 2 Evraz works are situated: ZSMK and NTMK. (Ukrainian metal)