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Author Archives: admin

Ukraine: Russia to supply 10 million tons of coal in 2017

coalBy admin19.06.2017Leave a comment

In January-May Russia supplied 4.25 million tons of coal to Ukraine, and the total supplies this year are expected on the level of 10 million tons. Last year Russia supplied 10.11 million tons of coal to Ukraine, according to the Russian Ministry of energy. The Ministry of energy and coal industry of Ukraine has asked…

Ukraine: Lviv Coal Company salary debt at 18 million UAH

Lviv Coal CompanyBy admin19.06.2017Leave a comment

Salary to Lviv Coal Company employees has not been paid since February, and the total debt now amounts to 18 million UAH. According to the chairman of the Independent Miners Union Mikhail Volynets, the situation is critical. The situation is made even more complex by the suits as to the bankruptcy of the company and…

Ukraine: DTEK Pavlogradugol sends 650 million UAH to pay dividends

DTEK PavlogradugolBy admin19.06.2017Leave a comment

Shareholders of DTEK Pavlogradugol decided to pay 647.15 million UAH of dividends for 2016. The dividends will be paid from June 30 through October 20. In 2016 DTEK Pavlogradugol received 647.15 million UAH of net profits, up 3-fold, or by 420.87 million UAH YoY. Last year, according to the Ministry of energy and coal industry,…

Russia: Seligdar to put gold-extracting factory in operation by July 2017

SeligdarBy admin19.06.2017Leave a comment

By July Seligdar will have put the new gold-extracting factory at the Ryabinovoye deposits in Yakutia in operation and plans to mine at least 400 kg of gold there this year. Investments into the factory total 6.335 million rubles. The factory capacity is 1 million tons of ore per year. The factory will produce some…

Ukraine: Azovstal provided with scrap in full

Azovstal Iron and Steel WorksBy admin19.06.2017Leave a comment

Last year the export duty for scrap increased from 10 euro per ton to 30 euro. This has immediately affected the budget – taxes increased almost 2-fold. And much more raw materials stayed in the country. “At present Azovstal Iron and Steel Works is fully provided with scrap. Unfortunately a year ago the situation was…

Russia: corrosion-resistant steel imports up in April 2017

steel importBy admin19.06.2017Leave a comment

In April, according to the customs statistics, corrosion-resistant rolled metal imports reached 21.6 thousand tons, up by 2.4% MoM and by 18.7% YoY, valued at $50 million, up by 3.3% MoM and by 34.7% YoY. In January-April Russia imported 86.2 thousand tons of corrosion-resistant rolled metal valued at $182 million, up by 36% and by…

Kazakhstan: metal exports up in January-April 2017

Metal marketBy admin19.06.2017Leave a comment

Kazakhstan continues increasing exports. In January-April exports increased by 21%, or by $836 million. Metal product exports account for 54% of the total volume. The highest increase in prices was also noticed in the metal industry. China and Russia remain the main export markets, accounting for over 40% of all exports, up by 21% and…

Russia: Vostsibugol mines 723 thousand tons of coal in May 2017

coalBy admin19.06.2017Leave a comment

In May Vostsibugol mined 723 thousand tons of coal in Irkutsk region. Vostsibugol operates Cheremkhovugol, Tulunugol and Zhronsky open-pits. In May Cheremkhovugol mined 318.6 thousand tons of coal, Tulunugol – 340.4 thousand tons and Zheronsky – 63.8 thousand tons. In January-May Vostsibugol mined 4.496 million tons of coal, up by 2.6% YoY. This year the…

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…1,9331,9341,9351,9361,937…
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