Russia: NLMK sees no future of steel consolidation

NLMK president Oleg Bagrin said that the group was studying the option of buying rolling assets abroad, in particular on developed markets. “We like developed markets, as they provide stability and growth”, he said, adding that new assets should be complimentary to the existing ones and the company strategy. The group also strives to be…

Ukraine: UGOK output up in February 2017

In February the Yuzhniy Mining and Processing Works produced 941.3 thousand tons of iron ore concentrate and 135 thousand tons of sinter, up by 9.2% and by 13.4% YoY respectively.

In January-February concentrate output at UGOK increased by 11.1% YoY, to 1.989 million tons, of sinter – by 26.9%, to 338.9 thousand tons. (Ukrainian metal)

Russia: TMK starts supplying new premium products

The Pipe Metal Company has started supplying new premium-quality products to its customers – the Light insulated lift pipes (ILP). Last year the company sold 14.5 km of Light ILP to Tyumenneftegaz, a daughter company of Rosneft, as well as Messoyakhaneftegaz, a Rosneft and Gazprom neft JV. The ILP are used as compressor-pump pipes to…

Ukraine: AMKR concerned about possible negative consequences of railway blockade in eastern Ukraine

ArcelorMittal, the biggest foreign investor in Ukraine, is concerned about possible negative consequences of railway connection blockade in the east of the country. The blockade of coal supplies from uncontrolled territories of Donbass threatens energy stability of the plant and supply of raw materials needed for production activities. Eastern region, as the source of supply…

Ukraine: Lvivugol accounts unblocked

The State Executing Service has unblocked all Lvivugol accounts. The Lviv region miners will receive their salaries, the regional governor Oleg Sinyutka reported. The miners announced they would go on a strike on March 9, because of the salary debts. The issue was discussed with the regional authorities. According to Lvivugol, on March 6, it…

Russia: Status to mine 1.3 tons of gold in 2017

The government of the Magadan region and Status LLC have signed an agreement on the operation at the gold-bearing deposits on the territory of Yagodnoye town district. In 2015-2016 the company invested 470 million rubles in the development of the manufacturing capacities and paid 390 million rubles of taxes. The company also mined 2.6 tons…

Russia: Bashmed gets new railroad scales

The loading site of Bashkirskaya Med in Sibay has received the new railroad scales. The cost of the machinery is 1.7 million rubles. “Now our controllers weigh all the wagons. They work day and night. All the weighing operations are automatically saved in the database. Now that we weigh everything ourselves and not with the…

Russia: RMK and MMK to increase environment protection investments

According to Russian Copper Company environment, labor safety and industrial safety department director Natalia Gonchar, in 2017 the company intends to invest 1.6 billion rubles into environment protection (1.3 billion invested in 2016). The money will be spent on the protection of air, water, soil, and waste treatment. Moreover, Karabashmed, a part of RMK, environment…

Russia: coal exports up in January-February 2017

In January-February Russian coal exports climbed by 7.5% YoY, to 27.86 million tons, the Ministry of Energy statistics said.

In February, Russia exported 13,384,600 tons of coal.

Coal production in January-February totaled 65,591,400 tons including 59,557,800 tons supplied. (Portnews/Ukrainian metal)

Ukraine to get ATO zone coal through Belarus

The initiative to prohibit coal imports from Russia could lead to the creation of a new scheme of coal deliveries from the temporarily uncontrolled territories. According to the political scientist Alexei Yakubin, deliveries from uncontrolled territories will not be stopped, but the scheme will change. “Ukraine has no alternatives to the coal mined there. So…

Russia: ETPZ buying ETZ assets

The first and the main manufacturing site of the Engels Pipe Works (ETZ) has been sold to the Engels Pipe-Rolling Works (ETPZ) for 104.8 million rubles. ETPZ also purchased the right to claim receivables. The right for 444.8 million rubles was purchased for the mere 9.1 million rubles. It should be noted that the ETPZ…

Russia: Severstal increases shipments to builders

In 2016 Severstal supplied 4.26 million tons of metal structures to Russian construction companies, up by 4% YoY. In particular, last year the metal from Cherepovets was used when erecting infrastructure objects for the 2018 World Cup: Yekaterinburg stadium and Zenit-Arena in Saint Petersburg. All in all in 2016 the company participated in 60 construction…