Ukraine: Economy ministry denying giving licenses to export coal from LNR

The Ministry of economical development and trade denies the information about granting licenses to export anthracite coal to a company registered in the Lugansk People’s Republic. “Some mass media have published information that Ukraine exports anthracite coal from uncontrolled territories with the consent of the ministry. This information is contrary to the facts”, said the…

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Russia: NSMMZ renamed NLMK Ural

NSMMZ (Nizhniye Sergi), a key company in NLMK group’s long products division which operates from three production sites in Sverdlovsk region in the Urals, has been renamed NLMK Ural. The company adopted a new charter and registered the change of name with the Inspectorate of the Tax Service of Russia #30 for Sverdlovsk region. The…

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Ukraine: June 2016 results for ATO zone works

June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…

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Ukraine: DTEK to give up Russian coal in favor of Australian coal

DTEK, which produces some 70% of electricity in Ukraine, has received the first offers from power-generating coal suppliers from SAR and Australia, who can sell it at 1.7-2.15 thousand UAH ($68.5-86.6) per ton with 5.7 thousand kcal quality. According to the company commercial director John Woodham, deliveries from the temporarily uncontrolled territories (the so-called Donetsk…

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