In September miners of DTEK Dobropolyeugol Almaznaya mine yielded 108 thousand tons of G-grade coal. In January-September the mine yielded 650 thousand tons of coal. In September coal was mined at two sites. “The heating season will start soon, so the miners have to work with maximum efficiency. We intend to have good results in…
Russian tycoon Alexei Mordashov, the core owner of steelmaker Severstal, has suggested the government stimulate consumers to buy reinforcement steel and other products of the company at higher prices. In a letter to the Deputy Prime Minister Arkady Dvorkovich, Industry and Trade Minister Denis Manturov, and the Federal Antimonopoly Service’s Director Igor Artemyev Mordashov said…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max July 253 253 August 247 247 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Lvivugol miners gathered at the Lviv regional state administration demanding their salary debts for August valued at 78 million UAH to be cleared. According to the first deputy head of the Lviv regional state administration Rostislav Zamlinsky, the Ministry of energy and coal industry promised to pay 30% of the salary on October 10. The…
The Russia-supported militants of the so-called Makeevka administration report that as the result of the “shelling” Scheglovskaya-Glubokaya mine is left without electricity, three schools and a kindergarten are damaged. 163 miners have been evacuated. There were no casualties. On the other hand, according to other officials on the separatist territory, it was not shelling, but…
In January-September Electrostal produced 233798 tons of continuous cast billet, down by 13.6% YoY. According to the company statement, in September it produced 22039 tons of billets, up from 13850 tons in August. The company exports most of its products. In particular, in September it exported 20632 tons of billets. In January and most of…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 425 687 406 431 August 395 661 376 398 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
Russian metals giant Norilsk Nickel plans to spend over 18 billion rubles to introduce a new technology of nickel refining at its unit Kola Mining and Metallurgical Company in the Murmansk region, Norilsk Nickel said in a statement. The project will allow the company to reduce operating expenditures and metals losses in the production process…