Ukraine starts coal negotiations with US

Ukraine and USA have started negotiations on coal deliveries, as an alternative to coal supplies from the occupied territories. According to a participant of the negotiations, an energy market expert Vitaly Kropachev, after the meeting with the US Ministry of Energy it was decided to create a working group to develop options. “We have discussed…

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Kazakhstan: Kazzinc output up in 2016

In 2016 Kazzinc produced 305.5 thousand tons of zinc, up by 0.3% YoY. Zinc production of own raw materials totaled 187.5 thousand tons, down by 3% YoY.

Copper output went up by 9.6% YoY, to 68.2 thousand tons, including that of own raw materials – by 3.9% YoY, to 53.9 thousand tons. (Ukrainian metal)

Ukraine: coal imports in January 2017

In January Ukraine imported coal and anthracite valued at $170.897 million. According to the State Fiscal Service, Russia supplied coal valued at $114.59 million, the United States – $24.856 million, Kazakhstan – $15.127 million, other countries – $16.324 million. Thus, in money terms imports of coal and anthracite last month grew by 61.3% YoY ($105.943…

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Russia: Yanzoloto mines 150 kg of gold

In 2016 Yanzoloto, working in Ust-Yansk in the Republic of Sakha (Yakutia), mined 150 kg of gold, having exceeded its annual target.

The company expects the gold reserves at the site to increase by 2.5 tons. (Ukrainian metal)

Russia: Severstal planning new investments

Severstal announced details of its 2017 capital investment program, which highlighted its operational excellence and long-term competitiveness. In 2017 Severstal plans to invest approximately 43 billion rubles across the business. This investment will primarily focus on developing key areas of the company’s strategy including cost control, increasing production of high-value added products and enhancing safety…

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Russia: Mechel-koks to be shut down

The Rosprirodnadzor (the Federal service of supervision in environment) has found out that Mechel-koks works in Chelyabinsk has been polluting the air. The service ruled the polluting equipment to be shut down. The service is preparing documents for the court to shut down the works for 90 days. Mechel-koks does not agree with the service…

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Ukraine: Mariupol Ilyich CEO says Ukrzaliznytsia secretly raising tariffs

The Mariupol Ilyich Iron and Steel Works will have additional expenses of 700 million UAH following the increase of railroad tariffs, and 10% of its products will become profitless, the company CEO Yuri Zinchenko said. “In case of another tariff increase 10% of our 2017 orders will automatically become profitless. Why? Because the prime cost…

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Ukraine: EU to cancel steel rope duty

Ukraine expects the European Union to cancel the antidumping duty on the import of steel ropes after almost 19 years, the deputy economy development and trade minister, the trade representative of Ukraine Natalia Mykolskaya wrote on her Facebook page. She noted, these were the last antidumping measures against Ukrainian export to EU. “These measures resulted…

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