Ukraine: Lviv Coal Company on sale

The Opposition block deputy Natalia Korolevskaya has put on sale the Lviv Coal Company, owner of the Chervonograd Central Processing Factory. All the key market players received offers: DTEK, Donbasenergo and the unofficial curator of the state coal industry Vitaly Kropachev, who owns three processing factories. In March the privatization of the Chervonograd Factory was…

Ukraine: Volynugol buys expensive self-rescuers

Volynugol ordered Zakhystprom Trade LLC the delivery of filtering equipment valued at 3.23 million UAH. By the end of the year the company will have supplied 340 self-rescuers at 9500 UAH apiece. In April Lisichanskugol bought similar self-rescuers from another supplier at 8326 UAH apiece, or 12% cheaper. In Russia, according to Lvivugol, such self-rescuers…

Belarus: BMZ results for Q1 2017

In January-March Belarus Iron and Steel Works sold over 350 thousand tons of metal, up from 296 thousand tons in Q1 2016.

Europe is the BMZ main sales market with 62.3%.

Sales to Russia increased to 33.1%.

The five largest importers of BMZ products are Russia, the Netherlands, Germany, Poland and Lithuania. (Ukrainian metal)

Ukraine: metal makers can’t increase output because of high railroad tariffs and logistics problems

Mariupol metallurgists are prepared to increase output, but the current railroad tariffs and logistics problems hamper manufacture. In particular, Mariupol Ilyich Iron and Steel Works converter shop produces over 3.5 million tons of steel per year. Next year the company will construct a new continuous cast machine. But high railroad transportation tariffs don’t allow Mariupol…

Ukraine: Sukhaya Balka strike ends

Evraz Sukhaya Balka miners have stopped their strike.

On May 12 all the miners returned to the surface.

For more than two days employees of two mines remained on their working places demanding increase of wages. On May 11 all the work at the mines was halted for safety reasons. (Ukrainian metal)

Ukraine: Krasnoarmeyskugol renamed

The Ministry of energy and coal industry has renamed the state enterprise Krasnoarmeyskugol Mirnogradugol, as the decommunization law dictates.

Earlier the town of Krasnoarmeysk, where the company is situated, was renamed Mirnograd.

The state enterprise comprises 4 mines, yielding power-generating and coking coal. (Ukrainian metal)

Russia: Rusal net profit up in Q1 2017

In January-March Rusal increased its net profits by 48% YoY, to $187 million.

According to the company statement, its corrected EBITDA went up by 52.2%, to $475 million, earnings increased by 20%, to $2.297 billion.

Rusal aluminum output in Q1 decreased by 2.1% YoY, to 910 thousand tons. (Ukrainian metal)

Ukraine: AMKR busy implementing new grading salary payment system

On May 10, extensive discussion was held by Chief Executive Officer PJSC ArcelorMittal Kriviy Rih Paramjit Kahlon and Management Committee with the head of Trade Union Yuriy Bobchenko on finding a solution in overall improvement of conditions at work places and discussion on the various matters related to new labor collective agreement and salary increase…