Russia: KMZ to supply pig iron to Minsk Tractor Works

KMZ has won a tender to supply pig iron to Minsk Tractor Works (Belarus), one of the world’s leading manufacturers of tractors.

In Q1 the company will ship 9 thousand tons of pig iron castings to the Belarus works.

The companies have been cooperating for a number of years. (Ukrainian metal)

Ukraine: DTEK coal deliveries to TPPs up in December 2017

In December 2017 DTEK Energo increased coal deliveries to its thermal power plants by 4.5% MoM, to 1.9 million tons.

According to the company statement, last month DTEK supplied 1.5 million tons of gas coal, on the level of November 2017.

Anthracite imports increased by 21.8%, to 395 thousand tons. (Ukrainian metal)

Russia: Severstal launches major new production line at Cherepovets Steel Mill

PAO Severstal, one of the world’s leading vertically integrated steelmaking and mining companies, has launched a production line for polymer-coated rolled steel products at Cherepovets Steel Mill Metal Coating Workshop number 3 (MCW No. 3). The launch ceremony was attended by Alexey Mordashov, Chairman of Severstal’s board of directors, Alexander Shevelev, CEO of Severstal, Oleg…

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Ukraine: Metinvest pays interest on eurobonds

Metinvest has paid $6.509 million of interest on eurobonds with maturity in 2021.

According to the company statement, $3.69 million were spent on paying loans on pre-export financing.

After the payment the total debt of the group on eurobonds is $1.187 billion. (Ukrainian metal)

Russia: Finance Ministry to increase sanctions for illegal precious metals mining

The Ministry of Finances suggests increasing the volume of sanctions for the breach of precious metals and stones mining, using and storing rules. The maximum fines for companies and individual entrepreneurs could increase 5-fold, to 250 thousand rubles, for officials – 4.7-fold, to 70 thousand rubles. The decision is aimed at decreasing the grey market.…

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Russia: KMZ ferromanganese output and sales up in 2017

In 2017 Kosaya Gora Iron and Steel Works sold 63.6 thousand tons of ferromanganese, up almost by 8 thousand tons YoY.

At the same time ferromanganese output increased by 7.8 thousand tons YoY. (Ukrainian metal)

Ukraine: Pervomayskugol gets loan to open new long face

The Cabinet of Ministers has provided the state enterprise Pervomayskugol with the state guarantees for the loan of 2276.2 million UAH.

The funds will be used to commission the new long face at the Gorskaya mine.

The decision on the loan was taken in 2017 by the Ministry of energy and coal industry. (Ukrainian metal)

Russia: ZEMZ starts producing new heat-resistant steel grades in 2017

Zlatoust Electrometallurgical Works goes on with its projects to expand the grade and section portfolio. In particular, in 2017 it started manufacturing new grades of heat-resistant steel (ep99id, ep648vi, ep718 and ei943). These grades are widely used in the manufacture of structure elements and parts operating under high temperature. Last year ZEMZ also started manufacturing…

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Russia: international audit confirms MMK’s environmental management quality

Magnitogorsk Iron and Steel Works (MMK) has received a successful supervisory audit of its environmental management system by meeting the requirements of a new version of the international standard ISO 14001. Following the assessment, specialists representing the authoritative international certification body TÜV Nord Cert (Germany) confirmed that the system entirely met the requirements of the…

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