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Gaz-Aliance Company LLC (Nizhny Novgorod), controlled by the fugitive Ukrainian entrepreneur Sergey Kurchenko, from the ex-president Victor Yanukovich gang, in July-August exported $70.6 million worth of pig iron and other metal products, produced by the metal companies, seized in February-March by the Russia-supported militants on the occupied areas of Lugansk and Donetsk regions. In late…
DetailsNLMK Group, an international steelmaking company with operations in Russia, Europe and the USA, has opened NLMK Turkey, its sales office in Turkey. As part of Strategy 2017, NLMK Group is focusing its sales on key markets, including Turkey, which accounts for up to 20% of the group’s export. The opening of NLMK Turkey will…
DetailsIn August DTEK purchased 72 thousand tons of coal, mined in Lviv and Volyn regions, up by 37%. According to the company statement, DTEK combined heat and power plants are the main customers of Lvivugol and Volynugol. Purchasing volumes depend on the energy balance in the country and the demand for electricity. Since the beginning…
DetailsIn August prices of industrial products increased by 0.4% MoM and by 23.6% YoY. According to the State Statistics Service, iron ore prices increased by 6.6%, coal by 6%, in metal manufacture by 2.8%. At the same time coke prices dropped by 1.5%. (Ukrainian metal)
DetailsRussian coal exports in January-August increased by 7.8% YoY, to 122.456 million tons, the Ministry of Energy of Russia statistics showed. In August, the commodity exports totaled 15,605,000 tons. Coal mining in the eight-month period reached 264,301,000 tons, with 230,404,000 tons supplied. (PortNews/Ukrainian metal)
DetailsSudan has called on companies and investors from Russia to help its mining industry to develop, Mining Minister Hashim Ali Salim said. “Sudan has discovered reserves of 35 metals, but it produces only 13. We call on all companies to invest in other metals and in production and processing of them. The doors are open…
DetailsKazatomprom National Atomic Company JSC and Emirates Nuclear Energy Corporation (ENEC, UAE) have inked a Memorandum of Understanding in Astana. The aim of the memorandum is to establish mutually beneficial cooperation between Kazakhstan and the United Arab Emirates in terms of peaceful atom and energy industry. In addition, the memorandum reflects the intentions to supply…
DetailsThe government of Kyrgyzstan and Centerra signed a new agreement on Kumtor. The document was signed by the Prime Minister Sapar Isakov and Chief Executive Officer Scott Perry. As Scott Perry noted during the ceremony, taking into account that Kyrgyzstan was in fact the largest shareholder of Centerra, the agreement was of great importance. He…
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