In January-September Russia decreased raw titanium production by 2.7% YoY, while the output of titanium-based alloys increased by 13.5% YoY. According to the Federal Service of State Statistics, September output dropped by 2.4% YoY and by 2.8% MoM. At the same time titanium alloys production increased by 13.6% YoY, though falling by 10.6% MoM. (Ukrainian…Details
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Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, believes that the coal industry is in the critical state, and the lack of money makes it impossible to pay salary and develop mines. “Unpaid salary totals 80 million UAH. We don’t understand from where this will be paid. In 2011 the state budget…Details
Olkon (Olenegorsk Mining and Processing Works, a part of Severstal) plans to invest 250 million rubles in 2016 into the modernization of its mining machinery. In particular, the company wants to upgrade two of its dump trucks and two bulldozers. The business development projects will result in the output increase. Olkon plans to increase mining…Details
In January-October Ukraine imported 677.19 thousand tons of manganese ore and concentrate valued at $88.95 million. According to the State Fiscal Service, the largest suppliers were Ghana ($24.66 million, or 27.73% of the total import), SAR ($24.09 million, 27.09%) and Russia ($23.52 million, 26.45%). All other countries supplied $16.66 million worth of manganese ore (18.74%).…Details
In October Oskol Electrometallurgical Works, a part of Metalloinvest, supplied 262 thousand tons of steel via railroad, down by 6.9% MoM and by 2.3% YoY. Local deliveries went up by 3.5% MoM but dropped by 15.5% YoY, to 51 thousand tons. Exports reached 211 thousand tons, down by 9% MoM and up by 1.4% YoY.…Details
Mariupol Ilyich Iron and Steel Works has completed the capital repairs of its converter No. 2. According to the company CEO Yuri Zinchenko, at the same time the gas-purifying machine was also reconstructed. “Now the emissions will drop 3-fold, to 50 mg per cubic meter. The repairs lasted for 80 days, with investments hitting 230…Details
In January-October Seligdar mined 3.745 tons of gold, up by 31.5% YoY. In October gold output totaled 644 kg against the target of 573 kg. The 10-months result is the highest record in the company’s 41-year history. Seligdar occupies the 10th place among Russian gold-mining companies. (Ukrainian metal)Details
In January-September Makmalzoloto paid almost 96 million soms to the budget. The taxes make up for 95% of the Toguz-Torous district budget. Makmalzoloto has also paid 53 million soms to the district budget as taxes and other obligatory payments, The enterprise was created in 1986 on the Makmal gold deposits. It employs slightly more than…Details
Russian steelmakers Severstal and Novolipetsk Steel (NLMK) have sent suits to the E.U.’s General Court challenging decision of the European Commission to introduce duties on imports of cold-rolled steel products from Russia, representatives of the companies reported. In August, the E.U. introduced an anti-dumping duty on cold-rolled steel from Russia and China for five years,…Details
The courts have ruled to exact 9.7 billion UAH of debts and fines from Dneprovsky Iron and Steel Works and Alchevsk Iron and Steel Works, all parts of the Industrial Union of Donbass, in favor of Metinvest. The courts ruled that a part of the debt could be cleared in future, and Metinvest did not…Details
In January-October Ukrainian by-product coke plants imported 9.8 million tons of ordinary coking coals and coal concentrate, up by 20% YoY, or by 1.6 million tons. In October Ukraine imported 920 thousand tons of coal, down by 140 thousand tons MoM. Ukrainian coal deliveries to by-product coke plants reached 5 million tons, on the level…Details
The Russian Railroads wants to increase coal transportation tariff next year due to the high increase of its price in the last three months. The company reported this at the meeting with the Transport Vice Prime Minister Arkady Dvorkovich. Coal started to grow in price in August, since then the coking coal price almost tripled,…Details
Salary debts at state mines have exceeded 800 million UAH. According to the Independent Miners Union of Ukraine chairman Mikhail Volynets, the unions demand 4.6 billion UAH in the 2017 budget to support the state coal sector, which will at any rate allow paying wages in time. But this money will not be enough to…Details