Kazakhstan: Evraz clears debts in advance

Evraz has paid some of its loans to a number of banks in Kazakhstan in advance. According to the group statement, it has cleared $120 million of its pre-export financing loan of $500 million, $81 million of the $125 million loan from Unicredit, and $87 of $100 million from Nordea. The Kazakhstan Bank on Development…

Ukraine: scrap procurement down in 2016

In 2016 scrap procurement dropped to 3.5 million tons, the lowest result in the last 20 years. The main reasons for this are the thinning of the main sources of raw materials, machine-building stagnation, decrease in dollar purchasing prices, etc. “Ukraine has a considerable reserve of the outdated metal. The total volume is 600 million…

Russia: ferrous metals transshipment in ports up in January-February 2017

In January-February Russian ports transshipped 114.8 million tons of cargo, up by 8.2% YoY.

According to the Association of the Sea Trade Ports, the positive dynamics was the result of the increase in coal throughput (by 15.2% YoY, to 20.9 million tons) and ferrous metals (by 2.5%, to 4.5 million tons). (Ukrainian metal)

Russia: scrap deliveries to Amurmetal down in February 2017

In February Amurmetal, the only ferrous metallurgy enterprise on the Russian Far East, received 4.6 thousand tons of scrap via railroad, up 4 times MoM, but down almost 8-fold YoY.

According to the railroad statistics, in January-February railroad deliveries of scrap totaled 5.85 thousand tons, an absolute minimum in the last several years. (Ukrainian metal)

Russia: Kolyma gold output up in January-February 2017

In January-February the gold-mining companies of the Magadan region yielded 2133 kg of gold, up by 693 kg YoY.

Last year the region mined 28 tons of gold. This year the local authorities set a new target – 30 tons. The Pavlik deposits of Arlan are set to increase output by 1.5 tons. (Ukrainian metal)

Russia: ChMK repairs hot-rolling mill

Chelyabinsk Iron and Steel Works, a part of Mechel, has carried out the scheduled repair of its 2300 hot-rolling mill.

The overhaul has been conducted by the works’ employees.

The scheduled repairs will ensure the stable and effective operation of the mill until the next overhaul. (Ukrainian metal)

Kyrgyzstan: residents of Batken region oppose development of Shambesai deposit

Residents of Batken region opposed development of Shambesai gold deposit. The State Committee of Industry, Energy and Subsoil Use tried to tell them about the advantages of the project. Representatives of Z-Explorer Company held a presentation of Shambesai project with explanation of the proposed technology for development of the field and measures for environmental protection,…

Russia: steel imports up in January 2017

In January the share of metal and wares in the imports from far foreign countries totaled 5.3% (5.4% in 2016), with monetary volume up by 34.4% YoY, and physical volume – by 36.8%. According to the Federal Customs Service, ferrous metals imports increased by 39.5%, with pipe imports down by 24.3%, and iron and alloyed…