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In January-June Metinvest produced 3.92 million tons of steel, 4.01 million tons of pig iron and 2.13 million tons of coke, all down by 6%, 6% and 3% YoY respectively. Q2 steel output drop was 10% QoQ, to 1.85 million tons. At the same time pig iron output increased by 2%, to 2.03 million tons,…
DetailsAvelanna Gold has developed a project to mine for precious metals in Zakarpatye and plans to invest some $100 million. The company has already received all the agreements, but the formal provision of documents is always postponed, so it cannot start operating. The company is working on the development of new infrastructure at the Muzhievskoye…
DetailsPavlogradskoye Mine Group intends to mine 4 million tons of coal this year. To reach this goal the enterprise needs to prepare a new long face as fast as possible. The shaftmen of the Pavlogradskaya mine have been working at the increased level for several months, and have already exceeded scheduled monthly results. At such…
DetailsAccording to the railroad statistics, in January-June Revyakino Iron and Steel Works LLC shipped 18.4 thousand tons of steel bars to local customers. The first batches were sold in November 2016. Since then the company has sold 32.3 thousand tons of steel. The main supplier of the raw materials to the company is OEMK. In…
DetailsIn January-June the iron ore enterprises of Orken (ArcelorMittal Temirtau) produced 1.293 million tons of iron ore concentrate, up by 3.5% YoY. In total Orken enterprises mined 2.419 million tons of iron ore, up by 1.2% YoY. The Orken iron ore division is a complex of 4 enterprises: Lisakovsky subsidiary, Orken-Kentobe, Orken-Atansor and Orken-Atasu. They…
DetailsIn July Zaporizhstal produced 306.4 thousand tons of pig iron, 334 thousand tons of steel and 294.3 thousand tons of rolled metal. In June the corresponding figures were 260.7 thousand tons, 284.1 thousand tons and 246.7 thousand tons. In January-July the company produced 1976 thousand tons of pig iron, 2226.7 thousand tons of steel and…
DetailsIn late July the Demidov Group of Companies increased all its prices by 3%. That was the second price increase in July. The company explains that the unscheduled price increase was the result of the thinning of the stocks as well as a sharp increase of rolled sheet prices from local manufacturers and importers. In…
DetailsAsha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the new machinery is put into operation, the cycle of thermo-chemical treatment of bands of heat- and corrosion-resistant steel and alloys produced at the company will be complete. The workspace of the furnace is 750 mm.…
DetailsMagnitogorsk Iron and Steel Works will replace converters at its oxygen converter shop. The project is expected to be complete this year. All the equipment will be supplied by Novokramatorsk Machine-Building Works (Ukraine). NKMZ has already shipped the equipment of the converter bulk. At present the works is manufacturing the third bulk of a converter.…
DetailsThe supervisory board of Komsomolskoye Mine Group, a part of Metinvest, has cancelled the office of the acting CEO Alexander Dakhnovsky, having appointed the Krasnodonugol financial director Valentin Kononov to this office instead. According to the company statement, the decision was taken at the board meeting on July 28. Dakhnovsky has been the acting CEO…
DetailsTownship-forming coal enterprises of Toretsk (Donetsk region) are under threat of closing. The city authorities ask the government to influence the situation. The main labor office of the region has refused to approve of Toretskugol mining program for Q3. This makes it impossible for the company to mine for coal at Tsentralnaya and Toretskaya mines.…
DetailsDCH, which has recently purchased Evraz Sukhaya Balka from Evraz, on the latest meeting of shareholders decided not to change the name of the enterprise, as was suggested earlier. “For a time being the name remains the same. But we still have plans to change it. But on another shareholders’ meeting”, a company representative reported.…
DetailsVolnogorsk Mining and Metallurgical Combine has ordered Imex Minerals LLC the delivery of large trucks valued at 61.5 million UAH. This year the company has to supply 7 new BelAZ-755V quarry dump trucks with the lifting capacity of 55 tons produced not earlier than 2012 at 8.79 million UAH apiece. Earlier the works has ordered…
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