Russia: Evraz sells Nakhodka port

Evraz has finalized the deal on selling 100% of Nakhodka sea trade port to its main shareholder Lanebrook Limited for $354.4 million. In May Evraz sold its Ukrainian Evraz Sukhaya Balka mine to Berklemond Investments Ltd. In March Evraz announced it was selling Yuzhkoks. And in 2015 it sold Dneprodzerzhinsk Coke Plant to Lanebrook Ltd.,…

Ukraine: AMKR purchases several premises in Zhukovka village

PJSC ArcelorMittal Kriviy Rih has carried out the first transactions for acquisition of the premises in “Zhukovka village” (Lavrenyova and Chystopilska streets of Saksahanskiy district of Kriviy Rih city). The purchase and sales transactions were carried out in line with the legislation of Ukraine and with the company’s previously announced offer to purchase here each…

Russia: UGK sells Darasun Mine to Uryumkan

Yuzhuralzoloto Group of Companies (UGK) has started transferring Darasun Mine LLC to the future owner – Uryumkan LLC. The transfer started on June 1. In May there was a strike at the mine: 81 miners refused to get back to the surface protesting against not receiving salary for April. At that time UGK president and…

Russia: Inoxpoint opens subsidiary in Kazan

Inoxpoint goes on expanding the geography of sales in Russia. Now it has opened a subsidiary in Kazan.

The subsidiary offers the wide range of stainless rolled metal from the leading world manufacturers.

At present the company trades in stainless sheet, bars and sections, etc. (Ukrainian metal)

Russia: Yug-Met makes copper wire rod environment-friendly

Yug-Met has started producing copper wire rod corresponding to high environment standards – the company has purchased a modern gas-purifying machine.

Yug-Met is the largest manufacturer of non-ferrous metal wares, including copper wire rod, in the South of Russia. (Ukrainian metal)

Russia: Tulachermet to repair BF3

Tulachermet is getting ready for the capital repairs of its blast furnace No. 3.

The repairs will start on July 20 and end in 20 days.

The supplier of the refractory concrete has already been chosen, as the overhaul presupposes the restoration of the BF3 shaft lining. (Ukrainian metal)

Ukraine: Lviv Coal Company to process Lvivugol coal

The state enterprise Lvivugol has concluded an agreement with Lviv Coal Company on processing coal valued at 105.93 million UAH.

The additional purchase has been carried out via negotiations procedure from the same previous supplier.

This year 1.12 million tons of coal will be processed at the price of 95 UAH per ton. (Ukrainian metal)

Ukraine: coal mining down in January-May 2017

In January-May Ukraine mined 15.883 million tons of coal, down by 3.2% YoY, or by 517.2 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 26%, or by 993.1 thousand tons, to 2820.9 thousand tons, while that of power-generating coal increased by 3.8%, or by 475.9 thousand tons,…

Ukraine: mining prices down in May 2017

Prices in industry in May decreased by 1.3% after an increase of 1.6% in April, 3.5% in March and 3.1% in February. According to the State Statistics Service, the main reason of the decline was the price drop of metallic ores (by 22%). In mining and quarrying the product price decrease was 9.8%, while in…