In January ferrous scrap deliveries via railroad to Russian metal and pipe works totaled 0.73 million tons, down by 30.8% MoM. At the same time deliveries increased by 55.4% YoY, to the maximum for the last 7 years. (Ukrainian metal)Details
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In 2016 Zaporozhye Iron Ore Complex produced 4512.2 thousand tons of ore, down by 4.03% YoY, or by 189.3 thousand tons. According to the company statement, in 2016 it shipped 4494.5 thousand tons of iron ore raw materials. Investment project in 2017 will reach 800 million UAH. In 2015 ZZhRK received 232.085 million UAH of…Details
In January Ukrainian mining companies exported 2.542 million tons of iron ore raw materials (IORM) valued at $189.171 million, down by 28.1% but up by 76.3% YoY respectively. According to the State Fiscal Service, China was the largest importer of IORM (18.74%), followed by Poland (13.39%) and Austria (12.72%). IORM imports in January totaled 72.299…Details
In 2016 Olenegorsk Mining and Processing Works, a part of Severstal produced 4.1 million tons of concentrate and shipped it to the Cherepovets Iron and Steel Works. “For the first time in our history we were able to considerably improve the quality of our products. In particular we have increased the Fe contents in the…Details
In 2016 Russia produced 10.065 million tons of pipes, down by 11.5% YoY. According to the Federal Service of State Statistics, seamless pipes output dropped by 2.6% YoY, to 3.327 million tons, small and medium-diameter electric-welded pipes – by 3.6%, to 3.658 million tons, LDP – by 27.2%, to 2857 million tons. All other welded…Details
Rusal has announced that it has registered its prospectus for a Renminbi denominated bonds issue (Panda bonds), totaling up to 10 billion yuan ($1.5 billion) with a tenor of 7 years. Rusal becomes the first overseas company with global operations outside of China that is seeking to offer bonds to investors within the Chinese debt…Details
The prosecutors suspect the managers of the state enterprise Selidovugol and Techprom LLC in the abuse of office that could have lead to the purchase of used and broken machinery and equipment. Selidovugol ordered Techprom the delivery of 17 mechanical fasteners valued at 1.99 million UAH for Kurakhovskaya mine in 2016. In late 2016 Techprom…Details
The key Ukrainian pipe enterprises cut ferrous pipe production by 0.5% in 2016, to 848,000 tons. A total of 67,000 tons was made in December 2016. The Ukrtruboprom association reported that the association’s enterprises cut pipe output by 10% in 2016, to 552,300 tons, making 44,700 tons in December 2016 alone. Ukrtruboprom said that Khartsyzsk…Details
Railroad transportation of coal in January increased by 20.7% YoY, to 12.99 million tons, with exports up by 20.8%, to 12.99 million tons, and imports down by 75%, to 2.85 thousand tons. Export deliveries to the port of Vostochny via railroad in January totaled 2.75 million tons, up by 12.5% YoY. Port of Vanino received…Details
In 2016 Metinvest enterprises produced 29.64 million tons of iron ore concentrate, down by 8% YoY. Pellets output decreased by 8% YoY, to 6147 thousand tons, because of the increase of local consumption. (Ukrainian metal)Details
Th European Commission decided not to prolong the antidumping duty on the import of steel ropes originating from Ukraine and Moldova that has been in effect since 1999. In January 2016 EU decreased the duty for Stalkanat-Silur ropes from 51.8% to 10.5%. (Ukrainian metal)Details
Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies (jointly referred to as “Metinvest”), announces its operational results for the fourth quarter and the 12 months of 2016. In Q4 2016 Metinvest’s overall hot metal output decreased by 5% QoQ, 2,211 thousand tons, as production dropped at Azovstal, Ilyich…Details
In 2017 Tigers Realm Coal (Australia) intends to mine up to 400 thousand tons of coking coal at the Fandyushkinskoye pole deposits in Chukotka and export at least half of it through the port, which is under reconstruction at present. “Of course, this is the minimal, the initial plan, we will require some time to…Details