Ukraine to stop buying steam coal from Russia

Ukraine in the conditions of halting supplies of anthracite from areas that are not under control of the government in the anti-terrorist operation (ATO) zone would cut consumption of anthracite and will cover its shortage thanks to diversified imports, refusing to ship coal from Russia, Ukrainian Prime Minister Volodymyr Groysman has said. “Of course, we…

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Ukraine: state miners waiting for 410 million UAH of salary

Salary debts to state miners total 410 million UAH.

According to the chairman of the Independent Miners Union Mikhail Volynets, unions are negotiating clearing the debts with the officials.

This debt equals a monthly salary fund. The debt accumulated in 2015 and 2016.

Officials promised to help. (Ukrainian metal)

Russia: Metalloinvest revenue up in 2016

In 2016 Metalloinvest increased revenue by 5.4% YoY, to 283.1 billion rubles. Profits rocketed 7-fold, to 72.5 billion rubles. Fixed liabilities dropped from 268.3 billion rubles, to 248.2 billion rubles, but current liabilities decreased 14-fold, to 3.5 billion rubles. The Metalloinvest board of directors decided to pay 14.2 billion rubles of dividends. Last year the…

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Russia: REMZ employees on strike

On April 8-9, the cities of Shakhty and Rostov-on-Don witnessed strikes as to the situation on the Rostov Electrometallurgical Works, which stopped paying salary to its employees in January. The employees protested against the violation of the labor legislation. They addressed the local authorities asking them to deal with the REMZ owner Vadim Varshavsky and…

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Russia: RTZ-Ural output up in Q1 2017

Ryazan Pipe Works is developing manufacture at its RTZ-Ural site in the Republic of Bashkiria.

The Bashkiria plant has been working for 6 years and in January-March produced 10.5 thousand tons of electric-welding pipes, up by 30% YoY.

In March the plant shipped 3 thousand tons of pipes to customers. (Ukrainian metal)

Russia: Russian Coal output up in Q1 2017

In January-March Russian Coal mined 4.045 million tons of coal, up by 8% YoY. The highest growth in output was demonstrated by the enterprises of Krasnoyarskkraiugol – up by 16%. The company explains this with the high demand from the Asia-Pacific region. “Despite the decrease in coal consumption in Europe, the demand for this fuel…

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Ukraine: Poroshenko to confiscate coal

The president of Ukraine Petr Poroshenko suggests taking coal from Ukrainian power companies if they import it from Russia. “The next issue that the president is going to discuss with the National Security Council is the possibility of confiscating coal, which is sent from the occupied mines in Donbass to Russia, and then sold back…

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Ukraine: coalmining down in March 2017

In March Ukraine mined 2.98 million tons of coal, down by 12.8% YoY, or by 438.2 thousand tons. The decrease has to do with the militants occupying coal enterprises of DTEK. According to the Ministry of energy and coal industry, the total yield of DTEK mines (Komsomolets Donbassa, Sverdlovantrazit and Rovenkiantrazit), is 30.3 thousand tons,…

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Ukraine: Zaporozhogneupor output up in Q1 2017

In January-March Zaporozhogneupor increased unmolded refractories output by 15% YoY, to 1.831 thousand tons.

At the same time molded refractories output (refractory concretes, mixes and masses) decreased by 5%, to 24.222 thousand tons.

In March the company produced 9207 tons of molded and 489 tons of unmolded refractories. (Ukrainian metal)

Russia: Russian Copper Company profits near 4 billion rubles

In 2016 Russian Copper Company received 3.957 billion rubles of net profits. Among its main enterprises Mikheevsky GOK yielded the most: its profits reached 3.874 billion rubles. Aktyubinsk Copper Company (Kazakhstan) received 3.34 billion rubles of net profits, Karabashmed – 2.523 billion rubles, Kyshtym Copper Smelting Works – 1.34 billion rubles. Aleksandrinskaya Mining Company received…

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Ukraine: anthracite stocks at TPPs down

As of early April 10, anthracite stocks at the thermal power plants totaled 399.5 thousand tons, down by 10.1% WoW. According to the Ministry of energy and coal industry, gas-coal stocks increased by 2.7%, to 1.42 million tons. More than half of the anthracite (203.7 thousand tons) is stored at the Lugansk TPP. Altogether coal…

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Ukraine: Donetsk terrorists find raw materials for EMZ

Yenakievo Iron and Steel Works, occupied by the Donetsk People’s Republic terrorist organization, has to receive the first batch of raw materials this week.

“We have signed all the necessary documents. With the new raw materials we will be able to resume operation at EMZ”, the Donetsk militants leader Alexander Zakharchenko said. (Ukrainian metal)