Ukraine: coke output up in July 2016

In July Ukraine produced 1072 thousand tons of 6% bulk coke, up by 16.4% MoM, or by 151 thousand tons. In January-July coke output went up by 20.5% YoY, or by 1286 thousand tons, to 7568 thousand tons. In June Ukraine produced 921 thousand tons of coke, down by 18.6% MoM, or by 210 thousand…

Russia: Rusal profits down in H1 2016

In January-June Rusal net profit dropped by 70.3% YoY, to $261 million from $879 million. According to the company statement, its EBITDA decreased 2 times YoY, to $656 million from $1.28 billion. The company revenues dropped by 18% YoY, to $3.89 billion from $4.75 billion. As of June 30, Rusal net debt stood at $8.32…

Ukraine: Zaporizhstal reporting limestone deficiency

Zaporizhstal has reported shortages of limestone due to the problems with railroad transportation in Donetsk region. “The unsolved problems with railroad transportation from the uncontrolled territories of Donetsk region affect Zaporizhstal. We have been using only Ukraine-produced limestone. But now due to difficulties with delivery of this raw material from our major supplier – Komsomolskoye…

Ukraine: MGOK and Valki-Ilmenit produce 94 thousand tons of ilmenite concentrate in H1 2016

In January-June Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both parts of Group DF and situated in Zhitomir region, produced 94 thousand tons of ilmenite concentrate. “Output depends solely on the ilmenite buyers demand and contracts concluded. There is a slight decrease in mining YoY. But we are interested to mine only what we need,…

Ukraine: ZZHRK invests 174 million UAH into development in H1 2016

In January-June Zaporozhye Iron Ore Complex invested 174.41 million UAH into its development.

According to the company statement, the money was mostly spent on the construction of manufacturing capacities. 622 thousand UAH were spent on repairs.

The average salary increased by 14.8% YoY, to 8823 UAH. (Ukrainian metal)

Ukraine: Ceramet EBITDA up in H1 2016

In January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…

Russia: thickeners underflow heating unit assembled at Norilsk Concentrator

Automated Warman pumping station equipped with thickeners underflow heating unit was installed at Norilsk Concentrator. After closure of agglomeration shop of Nickel Plant one of its sections was additionally equipped with automated Warman pumping unit and thickeners underflow heating unit. Later, the section became a part of Norilsk Concentrator, which is a structural division of…

Russia: new vertical mills under commissioning at Talnakh Concentrator

Three new fine-grinding vertical mills Vertimill VTM3000 manufactured by Metso Minerals are under commissioning at Talnakh Concentrator, Polar Division of Nornickel as a part of introduction of new technology for high-grade and cupriferous ores enrichment. The equipment is unique for both Polar Division of the company and Russian operations. VTM3000 will be the first application…

Ukraine: AMKR replaces financial director

ArcelorMittal Kriviy Rih has dismissed Ashokkumar Sitaram Sonthalia from the office of the financial director, chief accountant and appointed Pavel Zadorozhny acting FD instead. According to the company statement, Sontalia resigned. He has been in the office since June 2012. He owns no company shares. Zadorozhny has been appointed for an indefinite time and he…