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Nornickel, the world’s largest refined nickel and palladium producer, has released its annual Corporate Social Responsibility (CSR) report, detailing the company’s sustainable performance in 2016. In 2016, Nornickel increased its total spending on environment protection, asset modernization with positive environmental impact and current environmental expenses by 8.9% YoY, to RUB 25.7 billion ($383 million). The…
DetailsIn April-June MMK increased steel output by 3.8% QoQ, to 3.182 million tons. Capacities were 90% loaded. Pig iron manufacture increased by 8.7% QoQ, to 2.578 million tons. The growth has to do with the scheduled repair of blast furnace No. 10 in Q1. Sales in Q2 reached 2.882 million tons, up by 5.9% QoQ,…
DetailsIn 2016 Dalur mined 591 tons of uranium in Kurgan region. The gradual putting of Dobrovolnoye deposits into operation by 2025 will allow the enterprise to increase output to 700 tons per year. The Dobrovolnoye reserves are estimated at 7067 tons of uranium. (Ukrainian metal)
DetailsIn January-June Ukraine exported 20.5 million tons of iron ore raw materials, up by 2% YoY. Imports decreased by 92%, to 90 thousand tons, with no iron ore raw materials imports in June. In H1 Ukrainian metal companies received 12.1 million tons of local iron ore raw materials, down by 14% YoY. In 2016 Ukraine…
DetailsArcelorMittal Temirtau intends to increase output of steel to 5 million tons by 2021 and start selling it in EAEU and Central Asia. The company CEO Paramjit Kahlon believes these countries are the most attractive to AMT. “We have found right markets for us to sell our products. We no longer orient to the Black…
DetailsThe Karazhyra board of directors approved of the address to Altyn Bank to borrow $7.5 million for 36 months. The company has pledged 1.3 billion tenge worth of material resources to the bank. In January-May the East-Kazakhstan region, where Karazhyra is situated, exported 14255 tons of coal valued at $321.4 thousand to Uzbekistan and 2022…
DetailsIn January-June Mechel-Service increased earnings by 12% YoY, to 28 billion rubles. Beam sales increased by 15%, pipes by 18% and stainless sheet by 22%. Metal sales in volumes remained almost on the previous year level – 904 thousand tons. “We see the first half year results as quite positive. Against the drop in metal…
DetailsDneprometiz has switched from public into private joint stock company. The decision was taken at the shareholders’ meeting on April 24. The change came in effect on July 18. On April 24 shareholders revoked the supervisory board of 4 persons, electing 5 instead, having reelected 3 from the previous board. In 2016 Dneprometiz received 34.73…
DetailsDTEK Trading LLC has for the first time put 14.5 million tons of gas coal on sale at an auction of the Ukrainian power exchange. All the volume is split into 29 lots of 50 thousand tons each. The initial price of each lot is 2580 UAH per ton with VAT. The coal will be…
DetailsEvraz Yuzhkoks, uniting Bagley and Kamenskoye (earlier – Dneprodzerzhinsk) coke plants, has started shipping products to Turkey. The export re-orientation has to do with the long idleness of Dneprovsky Iron and Steel Combine in Kamenskoye. In June-July coke deliveries to Turkey reached 16 thousand tons. According to Ukrkoks CEO Anatoly Starovoit, in near time coke…
DetailsThe bill extending the increased duty on exports of scrap ferrous metal in the amount of EUR 30 per ton passed by Ukraine’s Verkhovna Rada would not apply to exports to the European Union member countries, Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Ivanna Klympush-Tsintsadze has said. “As for the scrap metal…
DetailsMachinery and equipment of Aluminum Casting Works (Altai region) have been sold at an auction to Alexei Pyatkov (Barnaul) for 4.9 million rubles. The starting price of the lot (342 units of machinery and equipment) was 98.2 million rubles. Pyatkov bought another lot (60 units) at 9.7 million rubles from the initial price of 48.4…
DetailsIn July Ferrum started producing heavy rebar mesh. The company is capable of producing 700 tons of mesh per month. The mesh is manufactured according to GOST 23279-2012 of V500S f6-f9 and A500S f10-f12 rebars. This heavy mesh is used in construction: foundation works, tunnel and bridge construction, foundation pit walls reinforcement, etc. (Ukrainian metal)
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