Zaporozhye Titanium and Magnesium Works has ordered magnesium valued at 43.85 million UAH from Titan Ukrainy LLC. By the end of the year the company will have supplied 406 tons of MG-90 magnesium at 108 thousand UAH per ton. In August 2016 the same company sold it 28% cheaper to ZTMK – at 77.23 thousand…Details
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In February Zaporozhogneupor increased unmolded refractories output by 18% YoY. The company produced 720 tons of unmolded refractories, in particular 181 tons of refractory concretes and masses and 539 tons of insulating and slag mixes. In January-February Zaporozhogneupor increased output by 35% YoY. (Ukrainian metal)Details
In January-February Ukraine exported 1.116 million tons of carbon steel semi-finished products, valued at $409.31 million, down by 12.1% and up by 36.6% YoY respectively. According to the State Fiscal Service, the main consumers were Italy (19.83%), Egypt (19.77%) and Turkey (19.24%). At the same time Ukraine imported 717 tons of steel semis valued at…Details
In 2016 DTEK mined 33.2 million tons of coal, or 74.33% of all the coal mined in Ukraine. According to the Ministry of energy and coal industry, last year Ukraine mined 44.68 million tons of coal, with 5 million tons being coking coal and 39.68 million tons – power-generating coal. DTEK Pavlogradugol yielded the largest…Details
In January-February Ukraine imported 184.376 thousand tons of manganese ore and concentrate valued at $28.457 million, up by 69.6% and 2.2-fold YoY respectively. According to the State Fiscal Service, the South African Republic (61.36%), Ghana (35.1%) and Gabon (2.37%) were the main suppliers. At the same time Ukraine has sharply decreased manganese ore and concentrate…Details
In January-February Ukraine imported 2.46 million tons of coal valued at $357.59 million. According to the State Fiscal Service, Russia supplied $247.24 million worth of coal, or 69.1% of the total imports, USA – $65.4 million (18.3%), and Kazakhstan – $20.45 million (5.7%). Other countries supplied 6.9% of all coal, or $24.51 million. Coal imports…Details
In February the Vostochnaya processing factory of ArcelorMittal Temirtau started the pilot project on concentrate output increase. With 210 thousand tons according to the business-plan, the shortest month in the year saw 225.1 thousand tons of concentrate produced. In January the plan was overfulfilled by 7 thousand tons, in February – by 15 thousand tons,…Details
In 2017 Mechel-Service plans to sell over 2 million tons of rolled metal (1.9 million tons in 2016) and open at least two new divisions. “We will be using the combined strategy – expand sales geography and increase client base, as well as improve servicing. This year we intend to take part in all major…Details
VSMPO-Avisma has signed the acceptance report on the new ring-rolling mill to make products of titanium alloys for engine manufacturing. With the new mill the corporation will be able to produce titanium rings with highly complex outer and inner sections. The mill can produce rings with up to 3500 mm diameter. (Ukrainian metal)Details
The net profit of TMK in 2016 reached $166 million as opposed to $368 million of losses in 2015. According to the company statement, its revenues decreased by 19.1%, to $3.33 billion, with gross profit down by 16.7%, to $704 million. EBITDA dropped by 18.6%, to $530 million. Net profit in Q4 2016 totaled $84…Details
Evraz has postponed the sale of Evraz NMTP in Nakhodka. Novoport, one of the probable buyers of the port, offered $250 million. In late November 2016 Evraz started looking for buyers of a 100% stake in NMTP. A dozen buyers could purchase the asset, including companies from China and Kazakhstan. The main advantage that makes…Details
Kyrgyzstan is studying a ban on the export of gold concentrate abroad and is considering the possibility of building a copper plant, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that the Kyrgyz delegation headed by the chairman of the State Committee Duishenbek Zilaliev visited Balkhash copper smelting plant. The…Details
In January-February Ukraine exported $122.1 million worth of metal wares, with $63.47 million exported in February. According to the State Fiscal Service, metal wares imports increased by 24.8%, to $108.02 million ($62.34 million in February). In 2016 Ukraine exported $689.81 million worth of metal wares, down by 24.8% YoY, while imports grew by 23.8%, to…Details