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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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Ukraine: H1 2016 coal mining down

In January-June Ukrainian companies mined 18975.1 thousand tons of coal, down by 2.6% YoY, or by 496.6 thousand tons. According to the Ministry of energy and coal industry, coking coal mining went up by 7.3% YoY, or by 4357.1 thousand tons, while that of power-generating coal dropped by 5.1% YoY, or by 793.6 thousand tons,…

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