In 2016 VIZ-Stal, a part of NLMK, implemented 22 projects within the program of the energy savings and decreased electricity consumption by 5.5 million kW-h, hearing energy – by 4319.2 gCal, and natural gas – by 330.7 thousand cubic meters. Thus expenses on energy resources decreased by 20.9 million rubles. The energy saving program included…
In 2016 Russia consumed 8.15 million tons of hot-rolled sheet, with NLMK share at 1.32 million tons. In cold-rolled segment Russia’s consumption was 2.97 million tons, and NLMK supplied 0.81 million tons, in galvanized rolled metal – 2.9 million tons and 0.58 million tons respectively, in metal with polymeric coating – 1.91 million and 0.45…
NLMK USA, NLMK Group’s American Division, has refinanced a $250 million credit line acquired in 2011. The new revolving credit line has a maturity of 4 years and will be used to finance working capital and general corporate activities. The borrowers are NLMK Indiana, NLMK Pennsylvania, Sharon Coating, and NLMK North America Plate trading companies.…
The Tajik government intends to purchase the Sozidaniye Business Center and the Hyatt Regency Hotel that are located in Dushanbe from Russian aluminum giant, United Company Russian Aluminum (Rusal). The sides have reached an agreement and the Tajik Aluminum Company (TALCO) will pay Rusal around $150 million over a 10-year period. Meanwhile, a source familiar…
Ukraine’s National Security and Defense Council (NSDC) has instructed the country’s government to urgently take exhaustive measures to neutralize the threats to Ukraine’s energy security. The relevant NSDC decision, dated February 16, was enacted by the presidential decree No. 37/2017 published on the Ukrainian president’s official site. “The Ukrainian Cabinet of Ministers is forthwith to…
Coal Energy S.A. (Luxembourg) with assets in Ukraine in January reduced coal production by 28.6% (by 11,633 tons) as compared to the same period of 2016, to 29,035 tons, the press service of the company has said. Compared with December 2016 the fall was even more significant – 43.7% (by 22,502 tons). Coal Energy includes…
In 2016 Rusal produced 3.685 million tons of aluminum, up by 1.1% YoY, and sold 3.818 million tons, up by 4.9%. Aluminum produced at Boguchansk Aluminum Works saw the highest increase in sales. Bauxite extraction went up by 0.6% YoY, to 12.187 million tons, nepheline ores – by 7.8%, to 4.432 million tons, alumina –…
In 2016 Russia exported 3.481 million tons of raw aluminum, up by 0.6% YoY. According to the Federal Customs Service, exports to far foreign countries increased by 0.2% YoY, to 3.414 million tons, to CIS-countries – by 38.2%, to 67 thousand tons. Aluminum exports revenue totaled $4.988 billion, down by 17.9% YoY, including $4.875 billion…
