Russian steelmakers Severstal and Novolipetsk Steel (NLMK) have sent suits to the E.U.’s General Court challenging decision of the European Commission to introduce duties on imports of cold-rolled steel products from Russia, representatives of the companies reported. In August, the E.U. introduced an anti-dumping duty on cold-rolled steel from Russia and China for five years,…
The courts have ruled to exact 9.7 billion UAH of debts and fines from Dneprovsky Iron and Steel Works and Alchevsk Iron and Steel Works, all parts of the Industrial Union of Donbass, in favor of Metinvest. The courts ruled that a part of the debt could be cleared in future, and Metinvest did not…
In January-October Ukrainian by-product coke plants imported 9.8 million tons of ordinary coking coals and coal concentrate, up by 20% YoY, or by 1.6 million tons. In October Ukraine imported 920 thousand tons of coal, down by 140 thousand tons MoM. Ukrainian coal deliveries to by-product coke plants reached 5 million tons, on the level…
The Russian Railroads wants to increase coal transportation tariff next year due to the high increase of its price in the last three months. The company reported this at the meeting with the Transport Vice Prime Minister Arkady Dvorkovich. Coal started to grow in price in August, since then the coking coal price almost tripled,…
Salary debts at state mines have exceeded 800 million UAH. According to the Independent Miners Union of Ukraine chairman Mikhail Volynets, the unions demand 4.6 billion UAH in the 2017 budget to support the state coal sector, which will at any rate allow paying wages in time. But this money will not be enough to…
Shareholders of Dniepropetrovsk Iron and Steel Works named after Komintern (Kominmet) have dismissed the board, having chosen Petr Kozak the general manager for a year. They have revoked all the members of the board, including the chairman Oleg Botyuk. The supervisory board and revision commission members have also been dismissed, including Alexander Butskikh (owns 19.7787%…
In January-September Russia exported 2.3 thousand tons of stainless steel rods valued at $7 million, up 1.6 times and by 28.4% YoY respectively. Nickel content in steel doesn’t exceed 2.5%. Some 48% of the products were exported to Ukraine, up 2 times, at $3422 per ton. Belarus imported 20% of the products, up by 0.7%…
In January-September Russia produced 214.12 tons of gold, down by 1.4% YoY. Silver output totaled 800.32 tons, down by 9.4% YoY.
