In the nearest future three options to provide Ukrainian power-generating companies with A-grade coal would be evaluated, the Vice Prime Minister Vladimir Kistion announced. “According to our forecasts, we have enough anthracite for 40-50 days. And in this period we have to study the matter of anthracite imports”, he said. “The Ministry of energy and…Details
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The Industrial Union of Donbass corporation calls unto the Cabinet of Ministers, the Ministry of Finances, the State Fiscal Service and the Ministry of economy to pay attention to the catastrophic conditions of VAT reimbursement. “Last time VAT was reimbursed in November 2016. As of today the state debt to Dneprovsky Iron and Steel Works…Details
Zaporizhstal employees have addressed the mayor of Zaporozhye Vladimir Buryak asking him to use all the possible legal methods to help solve the railroad blockade of Donbass problem. “The employees have expressed their concern of the ongoing blockade of Donbass, resulting in the coking and energy-generating coal shortages. The workers are aware of the consequences…Details
ArcelorMittal Temirtau has included 23 environment projects valued at 18.5 billion tenge into its environment protection plan for 2017-2019. In particular, 7 projects have to do with air protection, 3 with water resources, and 4 with wastes, as well as various scientific and research measures to protect land resources and on radiation, biological and chemical…Details
Two drum granulators OB-2.8×10 will be operating on the open site of Aldanzoloto (Yakutia) under –20 degrees C. For the machinery to operate in severe climate conditions Uralmashzavod has used new engineering techniques, in particular cold-resistant steel will be used. “Uralmashzavod has a vast experience of producing drum granulators to process iron ore materials. Machinery…Details
The Ministry of Finances of Taiwan has imposed preliminary antidumping duties on the import of hot-rolled metal originating from Ukraine, Brazil, China, India, Indonesia and South Korea until August 22, 2021. The duties in the volume of 4-80.5% depending on the manufacturer have been imposed for 5 years from the date of the decision to…Details
In 2016 KAZ Minerals increased its income by 43% YoY, to $969 million. According to the company statement, it produced 140.3 thousand tons of copper cathodes, up by 73% YoY. Sales increased from 84 thousand tons of copper in 2015 to 141 thousand tons, which allowed covering the decrease in price: $4860 per ton, down…Details
In 2016 Beloretsk Iron and Steel Works, a part of Mechel, received the highest supplier reliability category from Irkutskcable, one of the largest cable manufacturers in Russia. BMK supplies steel galvanized wire in various sizes to the company. Having assessed such criteria as product quality, quality management certification system, period of cooperation, supplier loyalty and…Details
VIZ-Stal, a part of NLMK, has finished the first stage of the highly efficient dust extraction system implementation on the heat-resistant coating machines. The financing of the project totals 1.4 billion rubles. VIZ-Stal is capable of producing 180 thousand tons of transformer steel. 80% of products is exported. VIZ-Stal share in the world transformer steel…Details
In January metal companies from CIS-countries produced 8.935 million tons of steel, up by 11.4% YoY. Ukraine increased steel output by 8.5%, to 2.103 million tons, and occupies the 10th position in the world steel manufacturers list. Russia is on the 5th position with 6.183 million tons of steel, up by 11.6%. All the other…Details
In 2016 Russia exported 511.1 thousand tons of raw copper, down by 9.2% YoY. According to the Federal Customs Service, Copper deliveries to the far foreign countries decreased by 10.1% YoY, to 501.1 thousand tons, to CIS – went up by 69.5%, to 10 thousand tons. In monetary terms exports decreased by 22% YoY, to…Details
In February the coke manufacture of CherMK will be 61 years old. For the past 10 years the manufacture changed greatly: coke batteries No. 3 and 7 (and the works has 8 in total) have been modernized, 2 shops have been reconstructed. This year will see the reconstruction of the oldest coking battery – No.…Details
Russia’s Federal Mineral Resources Agency has granted a license to develop the Sukhoi Log gold deposit to SL Zoloto, a joint venture between miner Polyus and state conglomerate Rostec, Polyus said in a statement. Polyus plans to perform additional geological survey and design a feasibility study with the help of international consultants in the next…Details