In January the Novosibirsk subsidiary of the First Cargo Company (PGK) transported 13.6 thousand tons of cargo, up by 44.5% YoY. The main cargo was wood and ferrous metals. The cargo was shipped to local consumers as well as to Asian countries. (Ukrainian metal)
In 2016 steel consumption dropped by 4% YoY, to 40 million tons. This year consumption is expected to grow by 1.2% YoY, to 40.48 million tons. The demand for steel in Russia could grow for the first time in the last 4 years thanks to the improvement of the economy. Still market participants do not…
In 2016 Metinvest companies received $45 million of additional profits from selling new products, that they started producing in 2010-2016. The 2016 share was $6 million. According to the group press service, last year it started producing 49 new types of products. The main consumers were the construction sector, machine-building and pipe industry. In 2010-2016…
The Asha Iron and Steel Works has commenced pilot operation of its briquetting line, the construction of which started in autumn 2016. The line was supplied by Spidermash (Yekaterinburg). The capacity of the line is 12 tons per hour. “The briquetting site with the size of 1824 square meters is in the ferroalloys warehouse No.…
The Neryungrinsky open-pit mine, a part of Yakutugol, has put into operation a Liebherr R 9200 excavator valued at 220 million rubles. The machine was purchased within the modernization program. This is the first time that such an excavator is used at the Neryungrinsky open-pit mine. (Ukrainian metal)
Volnogorsk Mining and Processing Works has ordered the Imex Minerals LLC the development of mined rock valued at 27 million UAH. By the end of March the company will have developed 700 thousand cubic meters of mined rock with transportation for 2.5 km at 39 UAH per 1 cubic meter. May 2016 prices were cheaper…
Ukraine’s Economy Ministry will investigate Russian exports of rolled steel and reinforcement steel bars for signs of dumping. The investigation will follow a complaint by ArcelorMittal Kriviy Rih, which said that imports of Russian reinforcing bars and rolled steel might be done at dumping prices, as export prices for the products in 2015 and 2016…
The anthracite coal, the delivery of which has almost been stopped because of the ATO zone blockade, is only transported to the Lugansk thermal power plant, situated in the Ukraine-controlled territory and belonging to DTEK. “35% of all the anthracite in stock at TPPs is that at Lugansk TPP”, energy complex department director Olga Buslavets…