In July Ukraine produced 1072 thousand tons of 6% bulk coke, up by 16.4% MoM, or by 151 thousand tons. In January-July coke output went up by 20.5% YoY, or by 1286 thousand tons, to 7568 thousand tons. In June Ukraine produced 921 thousand tons of coke, down by 18.6% MoM, or by 210 thousand…
DetailsIn January-June Rusal net profit dropped by 70.3% YoY, to $261 million from $879 million. According to the company statement, its EBITDA decreased 2 times YoY, to $656 million from $1.28 billion. The company revenues dropped by 18% YoY, to $3.89 billion from $4.75 billion. As of June 30, Rusal net debt stood at $8.32…
DetailsZaporizhstal has reported shortages of limestone due to the problems with railroad transportation in Donetsk region. “The unsolved problems with railroad transportation from the uncontrolled territories of Donetsk region affect Zaporizhstal. We have been using only Ukraine-produced limestone. But now due to difficulties with delivery of this raw material from our major supplier – Komsomolskoye…
DetailsAs of August 16, importers of pipes to Ukraine have used 87.04% of the annual quota for the supply of steel seamless casing pipes with up to 406.4 mm diameter. According to the Ministry of economical development and trade, the quota from October 1, 2015 till September 30, 2016 is 19505 tons. As of August…
DetailsIn January-June Metalloinvest received $428 million of net profits, down by 17.2% YoY. According to the company statement, its revenues dropped by 20.8% YoY, to $1931 million. EBITDA decreased by 38.9%, to $533 million. Net debts remained on the December 31, 2015 level at $3851 million. The company believes the drop in its finances has…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts in September average iron ore raw materials price (Australian Fe 62% ore at CFR China) will fall by 6.8% MoM, or by $4 per ton, to $55 per ton. “In August the price totaled $59 per ton. We believe in September it will fall to $55 per ton and lower”,…
DetailsIn January-June Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both parts of Group DF and situated in Zhitomir region, produced 94 thousand tons of ilmenite concentrate. “Output depends solely on the ilmenite buyers demand and contracts concluded. There is a slight decrease in mining YoY. But we are interested to mine only what we need,…
DetailsThe Russian Natural Resource and Environment Ministry plans to solve all disagreements on the sales terms of the Sukhoi Log gold deposit with the Federal Antimonopoly Service in September, Minister Sergei Donskoi said. “We had a meeting in the White House, there are still disagreements with the Federal Antimonopoly Service. But on the other hand,…
DetailsIn January-June Zaporozhye Iron Ore Complex invested 174.41 million UAH into its development. According to the company statement, the money was mostly spent on the construction of manufacturing capacities. 622 thousand UAH were spent on repairs. The average salary increased by 14.8% YoY, to 8823 UAH. (Ukrainian metal)
DetailsIn January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…
DetailsAutomated Warman pumping station equipped with thickeners underflow heating unit was installed at Norilsk Concentrator. After closure of agglomeration shop of Nickel Plant one of its sections was additionally equipped with automated Warman pumping unit and thickeners underflow heating unit. Later, the section became a part of Norilsk Concentrator, which is a structural division of…
DetailsIn July Ukraine produced 6157 thousand tons of iron ore and iron ore concentrate, up by 2.8% MoM, or by 179 thousand tons. In particular, iron ore output increased by 1.2%, or by 13 thousand tons, to 1093 thousand tons, that of iron ore concentrate dropped by 3.7%, or by 192 thousand tons, to 5064…
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