Uzbekistan: coal needs fully covered in 2017

According to the Ministry of Economy, in 2017 Uzbekistan consumed 4.8 million tons of coal. The needs have been completely covered. As the coal consumption grows with the increase of the population, a program for coal industry development has been approved. It envisages both new construction and modernization of existing capacities. Coal output is expected…

Ukraine: ferrous metals exports revenue up in January 2018

In January Ukraine increased revenue from ferrous metals exports by 33.4% YoY, to $873.35 million. According to the State Fiscal Service, ferrous metals accounted for 23.45% of the total exports in the period, up from 21.64% last January. In December 2017 revenue from ferrous metals exports totaled $817.37 million. At the same time ferrous metals…

Kazakhstan: coal production up in 2017

In 2017, 12.5 million tons of Kazakhstan coal were shipped for utility needs. “In 2017 coal production was higher by 8.3% than in 2016. 12.5 million tons were supplied for household and utility needs”, said Minister of Energy Kanat Bozumbayev when visiting Pavlodar region. According to Bozumbayev, in Kazakhstan there is a stable growth of…

Russia: Seaport St Petersburg ferrous metals throughput up in 2017

In 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY.

According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)

Russia: MMK net profit up in 2017

In 2017 MMK increased its net profit by 7% YoY, to $1.189 billion. According to the company statement, its revenue grew by 34%, to $7.546 billion, with EBITDA up by 3.9%, to $2.032 billion. Last year MMK produced 12.86 million tons of steel, 10.163 million tons of pig iron and 11.333 million tons of rolled…

Ukraine: DSS output up in 2017

In 2017 Dneprospetsstal increased steel output by 9.1% YoY, to 258.5 thousand tons.

According to the company statement, rolled metal manufacture grew by 11.8%, to 169.2 thousand tons.

The cost of the products manufactured last year totaled 8.187 billion UAH, up by 30.1% YoY. (Ukrainian metal)

Ukraine: UGOK concentrate output up in January 2018

In January Yuzhniy Mining and Processing Works increased concentrate output by 0.6% YoY, to 1.053 million tons. According to the company statement, sinter manufacture dropped by 35.5%, to 131.4 thousand tons. The decrease is the result of the market situation change. In 2017 UGOK produced 12.27 million tons of concentrate and 1.858 million tons of…