Ukraine: pellets exports in January 2018

In January Ferrexpo exported 921.8 thousand tons of iron ore pellets. In particular, Poltava Mining and Processing Works exported 875.3 thousand tons of pellets and Yeristovo GOK – 46.5 thousand tons. Karelsky Okatysh, a part of Severstal, Russia, exported 447 thousand tons of pellets. Metinvest in January exported 345.7 thousand tons (CGOK – 218 thousand…

Russia: Evraz retains control over Sibuglemet

Evraz has won the VEB competition to manage Sibuglemet. According to the sources, the new management contract was concluded on “the same conditions” (Evraz has been managing the asset since 2015), but details were not disclosed. Sibuglemet capacity is 5 million tons of coking coal per year. Its reserves are estimated at 300 million tons.…

Ukraine: Metinvest to shut down Donetskkoks

Metinvest decided to liquidate Donetskkoks, situated in Ukraine-uncontrolled territory, as a legal entity. According to the official statement, the issues of the company liquidation and the creation of the liquidation committee are on the agenda of the annual shareholders meeting to be held on March 29. In 2017 Donetskkoks decreased net loss 11.5-fold YoY, to…

Russia: Orel Works opens modernized warehouse

Orel Steel Works has opened a fasteners warehouse after reconstruction.

The cost of the project was 20 million rubles.

In summer the company will commission its third thermo-hardening machine. Investments will total 133 million rubles.

Orel Works fasteners are used in major construction projects, for example, grand stands of Yekaterinburg-Arena. (Ukrainian metal)

Russia: Rusal sees changes in management team

Alexandra Buriko has been appointed CEO of Rusal. Previously she served as the CFO. The ex-CEO Vladislav Soloviev has been appointed EN+ CEO, as well as Rusal president. Buriko has been CFO since October 2013. Her key priorities in the new office will be Rusal development through improving efficiency, implementing new environment-friendly techniques, increasing the…

Ukraine: AMKR keeps improving living conditions of Zhukovka citizens

PJSC ArcelorMittal Kriviy Rih continues to resettle the residents from the area of possible displacement of the earth surface in the Saksaganskiy district of Kriviy Rih and is ready to purchase every household located in the streets Lavrenyova and Chistopolskaya (“Zhukovka settlement”), at the price of 425 thousand hryvnia providing the conclusion of the sales…

Ukraine: Odescable products become more expensive

Odessaoblenergo (the power-distributing company) ordered Trading House of Odescable the delivery of cable valued at 146.28 million UAH. Until February 2019 the company will have supplied 291 types of wire and cable produced by Odescable, Akvaton (Rovno) and Kamcable (Russia). Of the total volume the ASXsn cables account for 56.69 million UAH. Of them the…

Ukraine: sales director becomes Vikant CEO

Inna Ponomareva has become a new CEO of the metal trading company Firma Vicant. She has previously worked as the sales director. Grigory Nosko, who headed the company prior to Ponomareva, left Vikant. In 2017 Vikant imported 121 thousand tons of rolled metal and started cooperating with Metinvest in pipes purchases. This year the company…

Russia: gold-containing minerals found in Kamchatka

The researchers from the Institute of Geology and Mineralogy have found gold-containing minerals at the Maletoyvayam deposits in Kamchatka. The prospecting was carried out at the order of the research company Elekhim. In particular, the new type of mineral contained compounds of gold with tellurium, sulfur and selenium. Gold can be found with silver impurities,…

Russia: Ingalinskaya-2 coal processing up

Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…