Magnitogorsk Iron and Steel Works (MMK) sold around 1.8 million tons of long products in 2018, of which 98% were shipped to the domestic market including CIS countries. This was announced by the MMK Sales Department’s leading expert, Alexander Margishvili, at the “Long and Shaped Products: New Market Configuration” conference which took place in Moscow.…
A number of state coalmines on April 1 were cut off grid. According to the National Miners’ Union chairman Mikhail Volynets, mines of the state enterprises Volynugol (Volyn region), Lisichanskugol, Pervomayskugol and Mirnogradugol (all three – Lugansk region), as well as the mines Kapitalnaya and Centralnaya have been cut off grid. The enterprises are working…
In January-February mined 4.228 million tons of power-generating coal and 872.8 thousand tons of coking coal, down by 0.8% and by 19.4% YoY respectively. According to the Ministry of energy and coal industry, in February Ukraine decreased power-generating coal output by 3.2% YoY, to 2.095 million tons. Coking coal mining decreased by 25.2%, to 392.1…
In February Russia produced 3.75 million tons of pig iron, down by 5.7% YoY (4.15 million tons in January). In 2 months pig iron output decreased by 6.8%, to 7.9 million tons. Ukraine, although no longer a part of the CIS, produced 1.59 million tons of pig iron, down by 2.6% YoY (1.789 million tons).…
This year Sakhalin region has to mine at least 11.4 million tons of coal. Solntsevskiy Coal Pit LLC must provide for the main volume – 7 million tons. Gornyak-1 LLC is expected to yield 1.9 million tons, Boshnyakovsky Coal Pit LLC – 1 million tons, Sakhalinugol-3 LLC – 850 thousand tons and Western Coal Company…
Zaporozhye Titanium and Magnesium Works LLC has concluded an agreement with the Agency of Investment Management LLC for the delivery of electricity valued at 159.07 million UAH. In April-June the company will supply an unknown volume of electricity at undisclosed price. Previously ZTMK ordered 138 million UAH of electricity for January-March from the “supplier of…
Chelyabinsk Iron and Steel Works has won a tender of the Belarus Railways to supply R65 rails. In particular, 10 thousand tons of rolls will be used to modernize a major railroad route Orsha-Central. The delivery is scheduled for late March 2020. This is the third time that ChMK will supply rails to the Belarus…
In 2018 Uralelectromed received 807 million rubles of net losses as opposed to 1.3 billion rubles of net profit in 2017. Revenue grew by 14%, to 42.27 million rubles. Sales profit fell by 45%, to 1.55 billion rubles. (Ukrainian metal)
