Russia: NLMK-Ural railroad sales down in January 2019

In January NLMK-Ural shipped 105.7 thousand tons of metal via railroad.

This is down by 10.6% MoM, and by 1.8% YoY.

Sales to local companies totaled 70.4 thousand tons (-17.1%, +23.8%), while exports – 35.3 (+6%, -30.3%). (Ukrainian metal)

Russia: Priisk Solovievskiy gold output down in January 2019

In January Priisk Solovievskiy extracted 53 kg of gold, down by 37% YoY.

At present the company is developing the Solovievskoye deposit in Amur region.

Alluvial gold extraction will start in early May.

In 2018 Priisk Solovievskiy yielded 3.1 tons of ore and alluvial gold. (Ukrainian metal)

Russia: metal output down in January 2019

In January Russia produced 4.4 million tons of pig iron, down by 4% YoY and by 1.4% MoM.

According to Rosstat, rolled metal output dropped by 4.5% MoM, to 5.1 million tons.

Pipe manufacturers decreased output by 7.7% YoY and by 10.7% MoM, to 0.882 million tons. (Ukrainian metal)

Ukraine: coke output down in January 2019

In January Ukrainian by-product coke plants produced 896 thousand tons of 6% moisture coke, down by 5.9% YoY. In December 2018 coke production was 924 thousand tons, up from 917 thousand tons in November 2018. Imports grew to 59 thousand tons in January from 28 thousand tons in December 2018. In October-November 2018 Ukraine did…

Ukraine: gas and electricity consumption down in January 2019

In January Ukrainian metal companies decreased natural gas consumption by 3% MoM and by 8% YoY.

In December 2018 gas consumption grew by 13% MoM, to 170 million cubic meters.

Electricity consumption in January was 1.01 billion kW-h, down by 1% MoM and by 6% YoY. (Ukrainian metal)

Ukraine: AMKR purchases new motor vehicles to transport personnel and potable water

Starting from this week, new vehicle KrAZ-63221 that will deliver ArcelorMittal Kriviy Rih miners to workplaces at open pits and remote dumps has been released on the roads. In total, 5 such vehicles are used for these purposes in Mining Department, and the entire fleet of crew change vehicles at the plant amounts to 26…

Russia: VEB.RF, Sberbank and Gazprombank to cover 70% of $3 billion in Udokan project

Russian state banks VEB.RF, Gazprombank, and Sberbank will provide financing to Baikal Mining Company belonging to billionaire Alisher Usmanov that would cover up to 70% of a $2.9-billion Udokan copper deposit, Baikal Mining Company said in a statement. The shareholders of Baikal Mining Company have already invested 28.5 billion rubles and they will cover at…

Ukraine: Interpipe Steel output down in January 2019

In January Interpipe Steel manufactured 71 thousand tons of steel, down by 5.3% YoY.

In December 2018 the output was 82 thousand tons.

In 2018 Interpipe Steel produced 973.8 thousand tons of round billets, up by 15% YoY. (Ukrainian metal)

Russia: Rusal replaces board of directors

Rusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…