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Russian oil and gas pipe maker TMK raised pipeline prices on the U.S. market by 15%, the first time since early 2015, in the wake of a market recovery in late 2016, CEO of the company’s U.S.-based subsidiary TMK IPSCO Pyotr Golitsyn said. “The markets are restoring rapidly. We have been raising supplies every month…
DetailsRussia’s palladium and palladium alloy output rose by 4.4% YoY in 2016, the Federal State Statistics Service said. Platinum and platinum alloy production increased by 3.3% YoY, while production of gold-bearing ore and concentrates rose by 2.6%. But production of silver ore and concentrates went down by 13.6%. In December 2016 palladium and palladium alloy…
DetailsIn 2017 Electrozinc intends to take actions aimed at improving efficiency, competitiveness and labor safety. According to the company CEO Igor Khodyko, February will see the start of construction of the absorber in the sulfuric acid shop, which will be put into operation in October. The new power substation purchase is being negotiated. The output…
DetailsIn 2016 Severstal Balakovo Bar Works, a part of Severstal Russian Steel, produced 722 thousand tons of steel, up by 20% YoY. The company also produced 660 thousand tons of bars, up by 17% YoY. Last year consumers received 702 thousand tons of bars. This year the output is expected on the same level. In…
DetailsIn 2016 Holding Cable Alliance (uniting cable assets of the UMMC) processed 37.5 thousand tons of copper, up by 12% YoY. The increase was caused by the major modernization of industrial sites and the expansion of the product range. 2016 saw new machinery assembled at all HCA companies. Thanks to this they were able to…
DetailsIn 2016 Korshunovsky Mining and Processing Works, a part of Mechel, mined 8.2 million tons of ore, up by 4% YoY. Iron ore concentrate output remained almost flat YoY at 2.7 million tons. All the products were sold on the local market, with 98% of the iron ore concentrate supplied to Chelyabinsk Iron and Steel…
DetailsThe existing system of railroad car division under Ukrzaliznytsia negatively affects the Ukrainian economy and has considerable corruption risks, Metallurgprom president Alexander Kalenkov wrote in his letter to the Prime Minister of Ukraine Vladimir Groysman. “Because of the lack of open wagons in Q4 2016 mining companies undersupplied for export up to 10% of the…
DetailsThe Yuzhnodonbasskoye Mine Group No. 1 has chosen the individual entrepreneur Ushakov the winner of the tender to supply timber. The offer of the businessman was 3.58 million UAH. The offer of another participant – I.S.I. Wood Ukraine (2.48 million UAH) – was rejected because of the error in the documents. Instead of the total…
DetailsRM-Steel is the largest Russian manufacturer of special shaped sections for shipbuilding. In 2016 the increase in consumption of steel strips according to GOST R 52927-2015 for shipbuilding was witnessed in Russia. At present RM-Steel produces A, B, D, A32-D40, E36, A40S and D40S steel grades. The production of D32W steel strips is being developed.…
DetailsThe administration of the Kemerovo region has signed an agreement on socio-economical cooperation with Magnitogorsk Iron and Steel Works, which owns several mines, a processing factory and service companies in the area. This year coal output in the region is expected to increase by 1 million tons. The company will spend 0.5 million rubles on…
DetailsIn 2016 DTEK mined 4.5 million tons of anthracite coal on the occupied territories of Donbass, up by 36.3% YoY. The A-grade coal there is mined by DTEK Rovenkiantrazit and DTEK Sverdlovantrazit. In particular, Rovenkiantrazit mined 2.2 million tons of coal and Sverdlovantrazit – 2.3 million tons, up by 43% and by 30% YoY respectively.…
DetailsAccording to the International economic rating “Best of the Best” Zaporozhye Iron Ore Complex was named “Company of 2016”. The new status has been confirmed by Standard Chartered Rating GmbH (Germany), International Rating Association (Hong Kong) and Summit International Awards (Ukraine). “This prize is the high evaluation of both the company reputation on the whole,…
DetailsIn 2016 the state enterprise Volynugol had to mine 310 thousand tons of coal. The enterprise mined 185.4 thousand tons, or 59.8% of the plan. At the end of the year average daily output improved, in particular to 622 tons, up by 108.88 tons QoQ. This year the target for the enterprise is 391 thousand…
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