Russia: MMK to increase flat prices

Traders working with MMK report that the management of the company’s sales services plans to review the earlier announced March prices on flat rolled metal by increasing them by 2-3%. The increase is explained by the sharp rise of raw materials prices and the world market rolled metal price growth. The increase in prices for…

Kazakhstan: silver exports down in 2016

In 2016 Kazakhstan reduced exports of silver, however revenues grew and the country earned $584 million. Export volume in physical terms decreased by 8.8%, but in monetary terms it increased by 21.2%. In 2016 export of unprocessed or semi-finished silver and silver powder reached 1.17 thousand tons valued at $584.6 million. Kazakhstan’s main partner is…

Russia: Kuzbass coal output up in January 2017

In January Kuzbass region mined 18.7 million tons of coal, up by 6.3% YoY. According to the regional coal industry department, energy coal mining reached 13.3 million tons, up by 3.9% YoY, coking coal – 5.4 million tons, up by 12.5% YoY. SUEK-Kuzbass increased output by 0.6 million tons YoY, Kiyzassk and Novokuznetsk site of…

Russia: Yakovlevsky mine resumes operation

After a 6-months idleness Metal-group has resumed iron ore extraction at its Yakovlevsky mine in Belgorod region.

By March almost all employees have to be engaged in the work. Annual ore output is expected to increase to 100 thousand tons.

Since February 1, the operation started in limited volume, with 55% employees working. (Ukrainian metal)

Russia: coalmining up in Sakhalin

In 2016 coalmining enterprises of the Sakhalin region yielded around 7 million tons of coal, up by 27% YoY. Vostochnaya Mining Company (VGK) mined the most – 4 million tons (3.7 million tons in 2015). 4.65 million tons of coal was exported to the Asian-Pacific countries, up by 16% YoY. South Korea imported 2 million…

Russia: shaped tubes segment grew in 2016

In 2016 the segment of shaped tubes reached 2.4 million tons (2.3 million tons in 2015), water and gas pipeline pipes dropped to 325 thousand tons from 370 thousand tons, electric-welded pipes – 925 thousand tons (980 thousand tons). Shares of the major pipe producers in 2016 also changed: Severstal dropped from 29% in 2015…

Russia: VIZ-Stal increases energy efficiency

In 2016 VIZ-Stal, a part of NLMK, implemented 22 projects within the program of the energy savings and decreased electricity consumption by 5.5 million kW-h, hearing energy – by 4319.2 gCal, and natural gas – by 330.7 thousand cubic meters. Thus expenses on energy resources decreased by 20.9 million rubles. The energy saving program included…

Russia: NLMK improves sales structure

In 2016 Russia consumed 8.15 million tons of hot-rolled sheet, with NLMK share at 1.32 million tons. In cold-rolled segment Russia’s consumption was 2.97 million tons, and NLMK supplied 0.81 million tons, in galvanized rolled metal – 2.9 million tons and 0.58 million tons respectively, in metal with polymeric coating – 1.91 million and 0.45…