Russia: DTEK mines to unite

DTEK plans to make a separate company of its Rostov mines by October. According to DTEK CEO Maxim Timchenko, the deal is in the final stages. This will allow DTEK to decrease its credit pressure by over $400 million. DTEK will retain management and operational control over the mines, and the new company will also…

Ukraine: pig iron output down in August 2016

In August Ukraine produced 1728 thousand tons of pig iron, down by 4.2% MoM, or by 76 thousand tons.

In January-August pig iron output increased by 8.9% YoY, or b 1180 thousand tons, to 14382 thousand tons. (Ukrainian metal)

Russia: Nornickel delivers further environmental enhancement project

Nadezhda Metallurgical Plant (NMP) Hydrometallurgical Shop has fully transitioned to dumping tailings to the rebuilt dam via a newly installed tailings pipeline, operational as of September 15. The project is an element of the large-scale environmental enhancement program embarked on by Nornickel. The company is striving to identify the areas with the highest historical exposure…

Ukraine to create uranium-mining JVs with Kazakhstan

Kazakhstan and Ukraine plan to create uranium-mining joint ventures on the territories of both countries, according to the energy and coal industry minister Igor Nasalik.

“We’re preparing the documents. On September 19, Kazakhstan representatives will arrive to sign the memorandum on the creation of JVs in Ukraine and Kazakhstan”, he said. (Ukrainian metal)

Russia: ChMK to elect a new board

On November 11, shareholders of Chelyabinsk Iron and Steel Works will discuss the early termination of the board office and elect a new one. The acting board was elected on June 21. It includes board chairman Igor Zyuzin, managing director Rashid Nugumanov, HR director Natalia Trubkina, Mechel-Steel director Valery Usachev, Mechel-Steel general director economics and…

Russia: Mikhailovsky GOK to supply pellets to Dunaferr

Mikhailovsky Mining and Processing Works has started supplying iron ore pellets to the Hungarian works of Dunaferr, owned by the Industrial Union of Donbass (Ukraine).

So far 67 thousand tons of pellets have been supplied. In Q4 MGOK plans to supply 160.2 thousand tons of pellets.

Ukraine: scrap market to get out of the shade

Ukrmetallurgprom and Vtormet have initiated changes to legislation to lead the scrap market out of the shade. “We have just signed the letter to the prime-minister Vladimir Groysman on legislation initiatives. They will make the scrap market more clear”, the Ukrmetallurgprom president Alexander Kalenkov said. In particular, the changes propose the cancellation of VAT in…

Ukraine: EMSS to produce rolls for AM European plants

Energomashspetsstal will produce supporting rolls for ArcelorMittal Spanish and French works.

According to the company statement, rolls will be supplied to AM Aviles and AM Mardyck.

The total weight of rolls will reach 118 tons. They are intended for hot- and cold-rolling strip mills. (Ukrainian metal)

Ukraine: Mariupol Ilyich to finish converter No. 2 overhaul in November 2016

In mid-November Mariupol Ilyich Iron and Steel Works plans to complete the capital repairs at converter No. 2.

The machinery was assembled in late August, the workers are now actively disassembling metal structures.

According to the company CEO Yuri Zinchenko the works is also reconstructing dust and gas collectors. (Ukrainian metal)

Ukraine: metal output in October 2016

In October Ukraine will keep steel and rolled metal production on September levels – 2 and 1,7 million tons respectively. According to Ukrmetallurgprom, pig iron output will also be on the September level – 2 million tons. In January-August Ukraine produced 16.37 million tons of steel, 15.96 million tons of pig iron and 14.38 million…

Russia: KAZ to double wire rod output

During her visit to Kandalaksha the Murmansk region governor Marina Kovtun got acquainted with the project of Kandalaksha Aluminum Works casting division modernization. A new wire rod rolling mill has been assembled at the works and is now being prepared to be put into operation. According to KAZ general director Andrei Terentiev, the project will…