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DTEK Energo intends to increase investments into Pavlogradugol and Dobropolyeugol by 40% YoY, to 4.2 billion UAH. “In Pavlogradugol we will invest 3.2 billion UAH, up by 28% YoY, in Dobropolyeugol – 1 billion UAH, up 2-fold”, the company acting CEO Dmitry Sakharuk noted. “We have already put 10 out of 33 planned long faces…
DetailsIn January-May Ukraine imported $1.036 billion worth of coal, up 2-fold YoY. According to the State Fiscal Service, the major suppliers were Russia (52%), USA (25.5%) and Canada (7%). In particular Russia supplied $538.9 million worth of coal, up from $363.8 million, USA – $264.5 million, up from $83.8 million, and Canada – $72.8 million.…
DetailsThe auction to develop ore gold at Antrop-Upshinskoye deposits in Altai scheduled for June 8 has been declared not taken place, as no participants arrived. The forecast reserves of the deposits are 2 tons of gold. The license for a 25-year development of the site was put on sale at the initial price of 1.5…
DetailsIn January-May Zaporozhogneupor produced 41.356 thousand tons of refractories, up by 2% YoY. In May output increased by 8% YoY, to 8.912 thousand tons. Zaporozhogneupor is the largest manufacturer of refractory products and materials in Ukraine. (Ukrainian metal)
DetailsIn 2017 the mining company Lunen intends to extract 100 thousand tons of iron ore at the Berezovskoye Deposits in Zabaikalsky krai. In 2014-2016 the company mined 270 thousand tons of iron ore. The initial project on the deposits development presupposed the mining of 10 million tons of ore per year and the construction of…
DetailsSince the beginning of 2017 the Trading House MMK LLC has sold over 75 thousand tons of rolled metal in Kazakhstan, up 2-fold YoY. The company has long and successfully been operating on the Kazakhstan market, increasing sales. In May the company sold its record volume of metal – 20 thousand tons. Trading House MMK…
DetailsIn May Dneprospetsstal produced 22348 tons of steel, up by 3% MoM. At the same time rolled metal output dropped by 1.9%, to 14338 tons. The total cost of products manufactured in May was 689339 thousand UAH, down by 1.5% MoM. In January-May DSS produced 105896 tons of steel and 70788 tons of rolled metal,…
DetailsZagorsky Pipe Works has shipped a trial batch of corrosion-resistant pipes to RN-Vankor, a daughter company of Rosneft. The pipes will be used in the repair of pipelines. ZTZ shipped 720×17.5 pipes, made of 09GSF corrosion-resistant steel with insulation. “This is the second batch of pipes sent to RN-Vankor”, the company commercial director Dmitry Simankov…
DetailsMariupol Ilyich Iron and Steel Works has produced a trial batch of hot-rolled coils according to API Specification 5L. The coils will be used in the manufacture of electric welded pipes, the company CEO Yuri Zinchenko reported. The coils were produced of B-grade steel, and their size is 4.7×1190 and 5.7×1190 mm. “The trial batch…
DetailsThe Verkhovna Rada has prolonged the increased export duty on scrap metal in the amount of EUR 30 per ton for another two years. The parliament supported corresponding bill No. 6382 at a meeting on June 8. Some 260 deputies voted for the bill. While presenting the bill in parliament, chairman of the Verkhovna Rada…
DetailsIn January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold. In January-April the region yielded 3704 kg of gold. This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)
DetailsIn July the Russian steel market is bound to start improving. According to MMK Trading House LLC director Denis Lyadov, in late 2016 Russian metal makers started increasing steel prices following its prime cost growth. But in spring roads were closed and the delivery dropped. This year the company intends to sell over 1 million…
DetailsThe Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY. Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%. In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase…
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