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Russky Ugol increased coal output at the Sayano-Partizansky pit in Krasnoyarsk region by 22% YoY, to 1030 thousand tons in 2018. For the first time in its 15-year history the pit has reached the output of 1 million tons of coal per year. The reserves of the deposit, where the pit is situated, exceed 1.5…
DetailsRussian metals and mining giant Mechel has prolonged a contract with Turkish steel producer Kardemir to raise exports of metallurgic coke by almost 70%, to 200,000 tons in 2019, Mechel said in a statement on January 15. The company will sell coke produced by Mechel’s Moscow Coke and Gas Plant through the Mechel-Temryuk port in…
DetailsSteel scrap exports in January-November 2018 increased by 9% YoY, to 5.2 million tons. According to the customs statistics, deliveries to Turkey grew by 11.2%, to 2.288 million tons, and to Belarus – by 2%, to 1.222 million tons. At the same time sales to South Korea dropped by 8.9%, to 832 thousand tons. (Ukrainian…
DetailsArcelorMittal Kriviy Rih, the biggest mining and steelmaking company of Ukraine, summarized the results of its investment program implementation in 2018. Capex and Opex were increased by one third YoY, from $337 to $443.4 million, including $348.8 million of Capex and $94.6 million of Opex. One of the key 2018 projects was construction of two…
DetailsIn 2018 the Belarusian steel mill BMZ shipped over 2.36 million tons of metal products, 106.2% as against 2017. Innovative products represented over 26% of the sold merchandise, BMZ Press Secretary Alexander Olesik reported. In 2018 BMZ shipped over $380 million worth of innovative products to customers. The company started making 18 new kinds of…
DetailsSubsidiaries of the United Mining and Chemical Company have concluded agreements with the Eco-Service Trading House LLC on the delivery of fuel valued at 280.96 million UAH. In particular, Volnogorsk Mining and Processing Works ordered 8275 tons of diesel fuel at 30 thousand UAH per ton for the total amount of 248.25 million UAH. This…
DetailsEnergomashspetsstal is continuing its cooperation with ArcelorMittal. In January the company received an order from the European company of ArcelorMittal – Belval & Differdange to produce and supply two rolls for the hot-rolling mill. The total weight of the rolls will be 68.7 tons. According to the contract, they have to be shipped in Q3.…
DetailsOn the night of December 31, 2018, a part of a ten-storey apartment building in Magnitogorsk collapsed following a gas explosion. The explosion and subsequent collapse claimed the lives of 39 people. Employees of Magnitogorsk Iron and Steel Works (MMK) and the MMK Group were involved from the beginning of the rescue effort. MMK deployed…
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