Ukraine: coal output down in H1 2018

In January-June Ukraine increased power-generating coal output by 2.3% YoY, to 13.293 million tons, but decreased that of coking coal by 9%, to 3.2 million tons. According to the Ministry of energy and coal industry, combined coal output in 6 months dropped by 0.1%, to 16.495 million tons. State mines decreased coal output by 8.8%,…

Ukraine: AMKR to allocate 30 million UAH to social projects implementation

PJSC ArcelorMittal Kriviy Rih will provide for realization of social projects that will enable to improve Kriviy Rih city environment. Paramjit Kahlon, the company’s CEO, and Yuriy Vilkul, Kriviy Rih mayor, signed social partnership agreement. Yuriy Vilkul: “PJSC ArcelorMittal Kriviy Rih is a core company of the city. It is highly important that besides performance…

CIS: steel output up in June 2018

In June Russia produced 6.12 million tons of steel, up by 8.9% YoY (6.077 million tons in May). In 6 months steel manufacture increased by 2.8% YoY, to 36.066 million tons. Ukraine increased output by 7.5% YoY, to 1.711 million tons (1.695 million tons) and produced 10.391 million tons of steel in 6 months, up…

Russia: Izhstal exports up in H1 2018

In January-June Izhstal exported 31 thousand tons of metal, up 2.2-fold YoY.

The share of exports in the overall output reached 14%.

Belarus is one of the main export markets for the company. In 6 months exports there grew by 63% YoY.

In particular, deliveries to the Minsk Tractor Works increased by 40%. (Ukrainian metal)

Russia: Raspadskaya output down in Q2 2018

In April-June Raspadskaya, one of the Russia’s largest coking coal manufacturers, decreased output by 19% QoQ, to 2.43 million tons. June output dropped because of the decrease of operating long faces from 3 to 2. Moreover, in May the mine had to stop operation to improve industrial safety. “In H2 Raspadskaya mine will resume operation…

Ukraine: Zaporizhstal pays 1.9 billion UAH of taxes in H1 2018

Zaporizhstal has entered the top-100 largest taxpayers in January-June according to the State Fiscal Service.

In 6 months the company has transferred some 1.9 billion UAH to the budgets of all levels, including over 331 million UAH to the local budget.

Last year Zaporizhstal paid 3.2 billion UAH of taxes. (Ukrainian metal)

Russia: US in fruitful talks with RUSAL on sanctions

The U.S. is holding fruitful talks with Russian aluminum giant UC RUSAL hit by sanctions in April, Bloomberg reported citing U.S. Treasury Secretary Steven Mnuchin. The U.S. did not plan to introduce sanctions against aluminum companies, Mnuchin said, adding he hoped he was holding fruitful discussions with the company to solve these problems. The U.S.…