Energomashspetsstal will produce 42 axles of horizontal rolls for ThyssenKrupp materials France S.A.S. The company press-service reports that the EMSS shops have already started working on the order. According to the agreement signed, EMSS will supply the axles weighing a total of 131.8 tons to France in April-May. In 2015 the company received 3.21 billion…
In 2016 Russia imported 478 thousand tons of steel pipes, up by 17% YoY. According to the Federal Customs Service, far foreign countries supplied 190 thousand tons of pipes, down from 201 thousand tons in 2015. Steel pipes imports from CIS increased from 206 thousand tons to 288 thousand tons. On the whole metal imports…
In 2016 Mechel produced 4.252 million tons of steel, down by 2% YoY. According to the company statement, pig iron output remained on 2015 level – 4.053 million tons, while coal mining dropped by 2%, to 22.683 million tons. In Q4 2016 Mechel increased coal output by 1% QoQ, to 5.6 million tons, that of…
The minister of energy and coal industry Igor Nasalik believes, that in 2-2.5 years Ukraine could completely stop using anthracite coal in energy sphere. According to him, the decision to switch thermal power plants from anthracite to gas-group coal was taken by the ministry after the coal supplies from the uncontrolled territories were stopped in…
It is necessary to introduce the state of emergency in the energy sector if anthracite coal supplies are not resumed in the near future, Ukrenergo Acting CEO Vsevolod Kovalchuk has stated this at a meeting of the anti-crisis energy staff. “There are 842 thousand tons of anthracite coal reserves in the storage facilities of all…
State Property Fund of Ukraine (SPFU) has confirmed the fulfillment of investment obligations by ArcelorMittal Duisburg Beteiligungsgesellschaft mbH (owner of 95.13% shares of ArcelorMittal Kriviy Rih) in 2016 according to Sale and Purchase Agreement. SPFU conducted the inspection at ArcelorMittal Kriviy Rih on February 7-10. This is the 18th inspection of SPFU conducted directly at…
Dimosenco Holdings, an affiliate of Russian billionaire Mikhail Prokhorov’s Onexim group, has started collecting bids for 2.5% in aluminum giant UC RUSAL at a price of $200 million, a banking source reported. The offer is in the form of accelerated bookbuilding, which indicates that Onexim may increase it, the source said. VTB Capital acts as…
Ukraine’s coal production is expected to increase by 60-80%, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has stated. “I look at the development of coal industry with optimism. We have set a task to increase coal production by almost 60-80%, and we will achieve this result by joint efforts,” Nasalyk said. According to him,…