On June 7 Lvivugol received 34.5 million UAH for the sale of coal. All the money was spent to clear April salary debt to miners. Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)
DetailsAvdiivka Coke and Chemical Works could be shut down because of the absence of service water. “The first pump station of the South-Donbass canal has been shut down as the result of the military activities, the personnel has been evacuated. The delivery of service water has stopped, this means a complete shut down for us.…
DetailsIn January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…
DetailsUkrzaliznytsia has held an auction on the purchase of tyres for rolling stock valued at 74.2 million UAH. According to the company statement, there were two winners – Interpipe and Huta Bankowa (Poland). Interpipe has received an order for 60 million UAH and Huta Bankowa – for 13.7 million UAH. Both companies will have to…
DetailsIn January-April Russia exported $109.9 billion worth of goods, up by 30.5% YoY. According to the customs statistics, metal share was 10.1%, up from 9.7% In January-April 2016. Metal exports went up in money terms by 38.5% YoY, but dropped in volume – by 2.7%. Ferroalloy exports decreased by 4.1%, unalloyed steel and iron semi-finished…
DetailsNovosibirsk Refining Works (NAZ) has been sold at an auction for 880 million rubles. The winner of the auction was the Center of real estate management, which bought 100% of the state shares at the initial price. “NAZ is underloaded and needs modernization. We are sure that the new owner will be able to solve…
DetailsIn January-May Ukraine exported 368.84 thousand tons of ferroalloys valued at $430.828 million, up by 4% and by 57.2% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (25.87%), Italy (14.42%) and the Netherlands (10.04%). In 5 months Ukraine imported 24.447 thousand tons of ferroalloys valued at $53.017 million, up 2.1-fold…
DetailsIn January-May Ukraine exported 15.722 million tons of iron ore raw materials valued at $1.166 billion, down by 10.9% and up by 72.7% YoY respectively. According to the State Fiscal Service, the main importers were China (28.65%), the Czech Republic (10.71%) and Poland (10.67%). In 5 months Ukraine imported 201.825 thousand tons of iron ore…
DetailsThe board of directors of the Russian metals and mining group Mechel has recommended paying no dividends on common shares and 10.28 rubles per preferred share, or a total of 1.426 billion rubles, in dividends for 2016, the company said in a statement on June 8. The record date for the dividends is July 11.…
DetailsIn January-May Ukraine decreased imports of hot-briquetted iron from Russia by 97.8% YoY, to 980 tons. HBI is the scrap substitute in metal making. According to the customs statistics of the State Fiscal Service, in money terms imports dropped by 96.1%, to $262 thousand. All the imports came from Russia. (Ukrainian metal)
DetailsZaporizhstal has increased wages of its employees by 20% since June 1. According to the company statement, its wages are among the highest in the Ukrainian mining and metal industry. Within the program of improving working conditions Zaporizhstal will invest some 4 million UAH in installing climate control systems all over the place. (Ukrainian metal)
DetailsSeparatists from the so-called Donetsk and Lugansk People’s Republics are trying to sell coal from DTEK mines at half-price. “We’re negotiating with our prospective customers who could buy our coal – Turkey, Spain. We consider it our coal, but stolen. When we left there were some 450 thousand tons of coal at Sverdlovantrazit and Rovenkiantrazit”,…
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