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In the first quarter of 2017 Ukraine decreased carbon steel output by 7.9% YoY, to 5.596 million tons. This is the minimal level since March 2015. Pig iron manufacture dropped by 13.6% YoY, to 5.054 million tons, that of rolled metal – by 8.1%, to 4.909 million tons. Metallurgical coke output decreased by 21.4%, to…
DetailsRussian Copper Company (RCC) intends to invest 670 million rubles to boost production at its Kyshtym copper and electrolytic facility, the company said in a statement on April 3. A project to upgrade the copper electrolysis unit will be finished in January 2018 and will need 380 million rubles of investment while 288 million rubles…
DetailsUkraine seeks to import 2.5-3 million tons of anthracite from the United States, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “We have received information that we can supply around 2.5-3 million tons of coal from the United States. I as minister has sent a letter to the U.S. Department of State asking…
DetailsIn March Zaporizhstal produced 325 thousand tons of steel, up by 9.2% YoY. According to the company statement, pig iron output increased by 6.7%, to 286.5 thousand tons, rolled metal – dropped by 3.1%, to 273.3 thousand tons. In Q1 Zaporizhstal produced 825.5 thousand tons of pig iron, 944.5 thousand tons of steel and 790.3…
DetailsThe Amur artel has decreased its output plan because of the thinning of deposits. This year the new platinum output target is 1400 kg, down from 1526 kg in 2016. The constant decrease in Konder deposits output has been observed for several years. In 2014 the artel yielded 3794 kg of platinum, in 2015 –…
DetailsThe state gas-extracting company Ukrgazdobycha has agreed with Interpipe on the delivery of 12597 tons of casing pipes for 720.487 million UAH. The company will supply 880 tons of 508 mm casing pipes valued at 94.977 million UAH, 7886 tons of 632-80 casing pipes for 386.5 million UAH, 3505 tons of Premium class casing pipes…
DetailsOn March 31, PJSC MMC Norilsk Nickel signed an agreement to sell its equity interest in the company, which owned the Legion TI Business Center, to RCP Investments Ltd for the total consideration amount of approximately $100 million. As part of Nornickel’s non-core assets disposal program, the company’s Board of Directors approved the transaction on…
DetailsIt is not profitable to use Kazakh coal after the modernization of Bishkek HPP, the expert Rasul Umbetaliev said on April 3. According to him, the government offers Electric stations JSC to purchase 550,000 tons of Kazakh coal. Chairman of the State Committee for Industry, Energy and Subsoil Use Duishenbek Zilaliev has repeatedly stated that…
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