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Corum Group is in search for additional orders on the market of Vietnam. “Vietnam has major plans as to coalmining and so it has to stop using mining by hand. The country is building new mines that will be equipped with machinery. We have a turnkey contract with Vinacomin to construct two shafts of Nui…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 521 521 444 444 August 495 495 409 409 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsRussian steelmaker Severstal’s coal production unit Vorkutaugol is evacuating workers from the Zapolarnaya mine because the carbon monoxide level has exceeded the norm, the company said in a statement. “In accordance with the safety rules, the workers on the shift are being lifted to the surface. Emergency Ministry troops are investigating the mine. There were…
DetailsDTEK Pervomayskoye Mine Group has put into operation a new long face with 430 thousand tons of coal. The length of the face is 280 meters. Coal deposits will be enough for 8 months. Since the year start Pervomayskoye Mine Group has put 2 long faces into operation. The group annual coal target is 3.3…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 443 2135 418 418 August 389 2135 418 418 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-June Metinvest B.V. received $90 million of net profits as opposed to $166 million of losses in H1 2015. The company revenues dropped by 21% YoY, to $2.88 billion, while EBITDA decreased by 7%, to $580 million. The total debt increased by 1%, to $2.98 billion. According to the group CEO Yuri Ryzhenkov, the…
DetailsOn October 10, the mine named after Skochinsky, situated near the military zone, put into operation a new long face with 493 thousand tons of coal deposits. “The length of the face is 238 meters, the thickness of the layer is 1.5 meters, and the deposits are estimated at 493 thousand tons. We plan to…
DetailsNorilsk Nickel provides an update on the status of the sale of its 50% participation interest in the Nkomati JV. On October 17, 2014 Norilsk Nickel announced that it had entered into a binding agreement for the sale of its African assets to Botswana-based BCL Investments, which was controlled by the government of Botswana. All…
DetailsThe total volume of titanium products shipped by VSMPO-Avisma this year could keep with 2015 level – 28-29 thousand tons. According to the company general director Mikhail Voevodin, sales structure shifted to exports, but would not affect financial results. “We have lost some 4 thousand tons YoY in Russia, but received 2 thousand tons in…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* min max min max July 43 50 59 69 August 46 52 53 61 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-August Russia decreased the raw nickel output by 10.8% YoY, but increased that of raw cobalt by 71.1%. According to the Federal State Statistics Service, in August raw nickel output dropped by 16.9% YoY but went up by 8.5% MoM, while that of raw cobalt increased 2.4 times YoY and by 8.6% MoM. (Ukrainian…
DetailsArcelorMittal Kriviy Rih plans to stop using natural gas altogether in 2 years replacing it with the pulverized coal mix. On October 12, the Prime Minister Vladimir Groysman participated in the putting into operation of the PCI machine in the blast furnace No. 9 at AMKR. “We’re injecting some 40 tons per hour, that’s around…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports min max min max min max July 402 539 326 384 365 380 August 373 515 342 384 365 375 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16…
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