The Belarus Iron and Steel Works exported goods worth more than $465.3 million in H1 2017, up by 37.2% YoY, BMZ Deputy Director General Andrei Kulakovsky declared. Russia and European countries account for the lion’s share of exports (75.7%). The top importers are Germany, Netherlands, Israel, and Lithuania. Andrei Kulakovsky noted that the company had…Details
In Q2 Severstal increased iron ore concentrate sales by 54% QoQ, to 1.236 million tons. Pellets sales went up by 12%, to 2.879 million tons. Vorkutaugol coking coal concentrate sales increased by 16%, to 827.154 thousand tons. “The inter-group coal consumption increased by 16% QoQ, while sales to the third parties (i.e. occupied territories of…Details
Smart Maritime Group has invested 30 million UAH into the development of its metal structure manufacture and modernization of the main assets at its Kherson shipyard. The company will construct a new shop of offshore metal structures, replace cranes, metal processing lines and repair some sites of the metal processing chain. The construction of the…Details
The Taganrog Boiler-Making Works “Krasny Kotelshchik” (TKZ), a member of PJSC Power Machines, has completed the delivery of a drum complete with separation devices and expansion rollers for the Kazakhstan Aluminum company TPP (Pavlodar, the Republic of Kazakhstan), a member of the Eurasian Group (ERG). This large-scale item was designed and manufactured within the framework…Details
The Belarus Iron and Steel Works has rerouted its export after the European Commission introduced a five-year antidumping duty on steel rebars, BMZ Deputy Director General Andrei Kulakovsky declared. Reinforcing bars accounted for an average of 12.3% of BMZ’s total export in 2012-2013. The introduction of the antidumping duty was no shock. During the investigation…Details
In 2006-2016 ArcelorMittal Kriviy Rih spent 4.7 billion UAH on environment protection projects. In 2016 the company spent 472.7 million UAH, including on reconstruction and construction of 35 gas-purifying machines in the sintering shop No. 2, blast furnace shop No. 2, converter shop, refractory-lime shop, grinding factory, etc. Last year the company paid 193.7 million…Details
In the current washing season Amur artel has already yielded 605 kg of alluvial platinum. The artel opened the season on May 6 and in the first month of operation has washed 170 kg of the precious metals. The results for June were 299 kg. Amur washes for platinum at the Konder deposits in Khabarovsk…Details
On June 26 Pobuzhye Ferronickel Plant ceased using the anthracite coal in its manufacture. According to the company CEO Oleg Bespalov, PFK consumes some 20-22 thousand tons of power-generating coal per month. At the same time it needs only 1.5 thousand tons of anthracite per month. “Anthracite is our main problem. We’re pondering various suppliers…Details
UC RUSAL expects global aluminum deficit to rise to 1.7-1.8 million tons in 2018 from 1.3 million tons in 2017, Director for Strategy, Business Development and Financial Markets Oleg Mukhamedshin reported on July 12. The situation at the aluminum market is improving thanks to China’s policy on cutting emission and closing inefficient capacities. RUSAL also…Details
In January-June Magnitogorsk Iron and Steel Works increased its net profits by 35.8% YoY, to 32.287 billion rubles ($538 million). According to the company statement, its earnings totaled 185.308 billion rubles ($3.088 billion), up by 17.5% YoY. Gross profit increased by 7.5%, to 48.863 billion rubles ($814 million), EBITDA – by 23.8%, to 40.016 billion…Details
The Russian customs service has acknowledged exports of anthracite from the militants’ occupied mines on Donbass. According to the statistics of the Southern customs department of the Federal Customs Service of Russia, in May Rostov region received 58.652 thousand tons of anthracite valued at $3.14 million from Ukraine, and in January-May – 236.568 thousand tons…Details
The U.S. has extended the agreement on price obligations with regard to Ukrainian pipe products, which provides for the abolition of the antidumping duty for Ukrainian producers involved in pipe exports, according to Ukraine’s Trade Envoy Nataliya Mykolska. “The U.S. Department of Commerce decided to extend the agreement on price obligations for pipe products. Thus,…Details
In June Dneprospetsstal produced 21849 tons of steel, down by 2.2% MoM. Rolled metal output dropped by 3.4% MoM, to 13844 tons. The total cost of the products manufactured in June is 643232 thousand UAH, down by 5.8% MoM. In January-June the company produced 127744 tons of steel and 84632 tons of rolled metal valued…Details
In January-June Khabarovsk region enterprises obtained 9170.4 kg of gold, up by 14.1% YoY.
Alluvial gold companies showed the increase in output of 8.6% YoY, to 1517 kg, while miners yielded 7653.4 kg, up by 15.3%.
Silver output totaled 27509.5 kg against 19260.4 kg in H1 2016. (Ukrainian metal)
In H2 Russian Copper Company intends to start construction at the Tominskoye deposits of copper-porphyry ores in Chelyabinsk region. According to the group vice president Maxim Schibrik, this is the key investment, which will considerably improve quality ad boost output. Investments in 4 years will total 65.9 billion rubles. The project will be carried out…Details
In Q2 Severstal pig iron output decreased by 4% QoQ, to 2.24 million tons, mostly because of the blast furnaces No. 2, 4 and 5 repairs. Steel output decreased by 1%, to 2.83 million tons. Consolidated sales of steel increased by 9% QoQ, to 2.75 million tons. Local sales went up to 60% from 58%…Details
Following the rise of the world prices for rolled metal and the weakening of the ruble exchange rate the prices for rolled metal on Russian market could increase. The growing demand as well as the price increase for all the main raw materials also contribute to this. According to the market participants, MMK plans to…Details
The Ukrainian Association of Scrap Exporters (UAEM) has asked the president to completely veto the bill on prolongation of scrap export duty of 30 euro per ton for two years. The association believes that the bill contradicts the current legislation of Ukraine and international agreements, signed and ratified by Ukraine. According to these agreements, the…Details
Pobuzhye Ferronickel Plant intends to resume purchases of nickel ore in Ukraine. According to the company director Oleg Bespalov, the ore will be bought from Zapadno-Loschevskoye deposits in Nikolayev region. The first batch will arrive on July 15. The company will buy 25% of its need locally, the rest, as previously, will be purchased from…Details
In January-May Poltava Mining and Processing Works exported 3.663 million tons of iron ore pellets. At the same time Karelsky Okatysh exported 2.165 million tons, Mikhailovsky GOK – 1.502 million tons, Lebedinsky GOK (all three Russia) – 1.153 million tons, and Central GOK – 784.1 thousand tons. In 5 months PGOK produced 4.234 million tons…Details
In January-June Pobuzhye Ferronickel Works produced 7.7 thousand tons of nickel, down by 13.4% YoY. According to the company statement, ferronickel output dropped by 9%, to 36.121 thousand tons, while the total volume of the ore processed decreased by 9.1%, to 640.312 thousand tons. The decrease was the result of scheduled repairs of the main…Details
Gold production on Russia’s Chukotka peninsula decreased by 14.34% YoY, to 11.795 tons, in January-June, a spokesperson for the regional industry policy, construction, and housing and utilities department reported on July 11. Silver production in the area fell by 21.71%, to 64.709 tons. Chukotka Mining and Geological Company, a unit of Kinross Gold, produced 4.775…Details
In June the public joint stock company “Kiev research works Ugol” changed hands. Revenco Limited (Cyprus) and an individual sold 42% and 37% of the works shares to a number of legal entities, among which is Andilero Holdings Ltd (Cyprus) and Vtorpolymery LLC (Kiev). Ugol, despite its name (which means coal) has been away from…Details
In May, according to the customs statistics, Russia exported 391.5 thousand tons of ferrous metals scrap, down by 13.2% MoM and by 29% YoY. In April the figures stood at +29% and –33% respectively. In January-May Russia exported 1.64 million tons of scrap, down by 28% YoY. And this is also the lowest result for…Details
By August Ukrzaliznytsia intends to have shipped all its scrap sold at three auctions in early June. “The loading is underway. We expect to receive all the volumes this month”, Interpipe finances and economy director Denis Morozov said. According to him ArcelorMittal Kriviy Rih, Metinvest-Resource and Interpipe NTZ have already received some 30-50% of the…Details
In May, according to the customs statistics, Russia exported 391.7 thousand tons of pig iron, up 3-fold MoM, but down by 12% YoY.
In January-May pig iron exports totaled 1.71 million tons, down by 15% YoY.
USA imported 62% of all pig iron, with Spain exporting 10% and Turkey 9%. (Ukrainian metal)