Selidovugol has sent official letters to its counteragents asking to decrease purchasing prices in contracts. According to the company managers, they were able to decrease the cost of some contracts, needed to put new long faces into operation, by 8-10%, or by 6 million UAH. The long faces being operated at Selidovugol will provide work…Details
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Ukraine and USA have started negotiations on coal deliveries, as an alternative to coal supplies from the occupied territories. According to a participant of the negotiations, an energy market expert Vitaly Kropachev, after the meeting with the US Ministry of Energy it was decided to create a working group to develop options. “We have discussed…Details
In 2016 Zoloto Kamchatki, a part of Renova, increased gold output by 114% YoY, to 175.25 thousand ounces (5451 kg), and that of silver – by 309% YoY, to 247.35 thousand ounces (7694 kg). Gold sales in 2016 went up by 131%, to 173.68 thousand ounces, at the average price of $1251.66 per ounce. The…Details
In January Ukraine imported 76.144 thousand tons of coke valued at $17.183 million, down by 14.4% YoY and up by 44.5% YoY respectively. According to the State Fiscal Service, the main suppliers of coke were Russia (51.37%), Poland (47.8%) and the Czech Republic (0.83%). At the same time, coke exports increased by 30.1% YoY, to…Details
In 2016 Kazzinc produced 305.5 thousand tons of zinc, up by 0.3% YoY. Zinc production of own raw materials totaled 187.5 thousand tons, down by 3% YoY. Copper output went up by 9.6% YoY, to 68.2 thousand tons, including that of own raw materials – by 3.9% YoY, to 53.9 thousand tons. (Ukrainian metal)Details
In February the port of Ust-Luga dispatched 201 wagons with large steel plates for Nord Stream-2 (1,005 plates), says press center of Commercial Sea Port of Ust-Luga. From the beginning of the project in October 2016, the port dispatched more than 5,000 steel plates. In January 294 railcars with steel plates left Ust-Luga for Vyksa…Details
Russia’s Sual Partners of Viktor Vekselberg and Leonid Blavatnik may not complete a deal to buy a 12% stake in aluminum giant UC RUSAL from Mikhail Prokhorov’s Onexim Group, as difficulties have occurred. “The term of the deal’s completion is not clear,” sources said. “It may not take place at all,” a source close to…Details
In January Ukraine imported coal and anthracite valued at $170.897 million. According to the State Fiscal Service, Russia supplied coal valued at $114.59 million, the United States – $24.856 million, Kazakhstan – $15.127 million, other countries – $16.324 million. Thus, in money terms imports of coal and anthracite last month grew by 61.3% YoY ($105.943…Details
Major Chinese companies are interested in investing into copper deposits in the Volyn region. “The Zhirichi copper deposits have attracted attention of major Chinese companies. They’ve been aware of the deposits back in USSR. Now they want to construct a plant to produce cable, semiconductors and all the rest made of copper”, the Volyn regional…Details
Uzbekistan has prepared the project on the construction of the new metal enterprise – Tashkent Iron and Steel Works. The investments will total 278 million euro. The construction could be finished in 2 years. The works is expected to receive equipment from Austria, Germany and Italy. The works will specialize in the production of rolled…Details
Uralskaya Stal, a part of Metalloinvest, has started producing slag pots. The first trial pot for the pig iron manufacture of the company was produced in July 2016. The pot is still operating, even after 500 pourings. Metalloinvest buys 30 slag pots for its enterprises each year. Following the pot for the blast furnace shop,…Details
The aviation industry demand for titanium will increase with the expansion of the usage of composite materials. Composites are widely used in the construction of the new generation aircraft, but corrode aluminum, the main metal in plane construction. But titanium is not affected by corrosion and combines well with composites. The first Boeing and Airbus…Details
PerfoGrad LLC, Voronezh, has produced a batch of perforated sheets for the construction of the Yekaterinburg Arena. In particular, the company supplied 2 thousand square meters of the perforated sheets for the technical premises of the stadium. The company intends to supply 5 thousand square meters more. PerfoGrad specializes in the manufacture of perforated metal…Details