Ukraine: AMKR after blockade of Donbas starts purchasing coal and coke in Russia

PJSC ArcelorMittal Kriviy Rih (Dnipropetrovsk region) after blocking the receipt of raw materials from the territory temporarily uncontrolled by Ukraine has started purchases in the Russian Federation. Girish Sardana, the head of the company’s supply department, said that basically the problems in 2017 concerned the supply of raw materials. According to him, “in connection with…


Russia: Kremlin hopes shareholder spat not to hurt Norilsk’s operations

The Kremlin will not interfere in disagreements between shareholders of Norilsk Nickel, but hopes they will not hurt its operations, presidential spokesman Dmitry Peskov declared. Tycoon Vladimir Potanin’s Interros, the owner of 30.3% in Norilsk Nickel, offered to buy a 4.95% stake in the company from Crispian Investments Ltd, affiliated with Roman Abramovich and his…


Russia: UEM tellurium output up in 2017

In 2017 Uralelectromed produced 44 tons of tellurium with the purity of 99.95%, up by 2.5% YoY.

Moreover, for the first time the company produced 130 kg of 99.999% tellurium.

UEM commissioned the tellurium production site in 2013.

The cost of the project was 105 million rubles. (Ukrainian metal)

Russia: Potanin to buy Abramovich stake in Nornickel

Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel.

Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%.

The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)

Ukraine: AMKR provides free health improvement for those, who served in ATO zone

PJSC ArcelorMittal Kriviy Rih decided to support its employees, who served in ATO zone. Starting from this year, they can take a course on health improvement and therapy in the company’s healthcare center Dzherelo. They will be provided with the full remedial complex, accommodation in comfortable rooms and meals. The healthcare center is of general…


Ukraine: AMKR presents investments projects

PJSC ArcelorMittal Kriviy Rih presented its investment activity during the meeting with regional deputies and representatives of German society for international cooperation GIZ. The seminar took place with participation of Consul-General of German Federal Republic Wolfgang Mössinger and Head of Dnipropetrovsk Regional Council Gleb Prygunov. Environment, infrastructure and trade became the main seminar themes. GIZ…


Russia: Zabaykalye coal output down in January 2018

In January Zabaykalye region mined 1904.42 thousand tons of coal, down by 8% YoY.

10 companies are mining for coal in the region. The leaders are Razrez Tugnuysky, Razrez Kharanorskiy and Chitaugol LLC.

Two companies – Takecha LLC and Kutinskiy Razrez LLC – have not started mining. (Ukrainian metal)

Ukraine: scrap deliveries up in January 2018

In January Ukraine procured 279 thousand tons of scrap, up by 16% YoY, but down by 22% MoM.

Of this volume domestic metal companies received 245 thousand tons, down by 20% MoM, but up by 7% YoY.

Exports decreased by 35% MoM, but grew 3.4-fold YoY, to 34 thousand tons. (Ukrainian metal)