Ukraine: Volnogorsk Works buys expensive containers

Volnogorsk Iron and Steel Works, a subsidiary of the United Mining and Chemical Company, in December 2016 ordered soft PP containers valued at 32.5 million UAH from Delis-Prof LLC. This year the company has to supply 168 thousand various containers and 2 thousand PP inserts. The price of most products exceeds those of last year…

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Russia: copper output up in 2016

In 2016 raw copper output in Russia increased by 0.7% YoY.

According to the Federal Service of State Statistics, copper rods and sections output went up by 18.8% YoY, plates, sheets, and strips – by 3.9%, while that of wire decreased by 11.8%, and of foil – by 8.3%. (Ukrainian metal)

Ukraine: coal stocks down in 2016

In 2016 coal stocks in Ukraine decreased by 34.6% YoY, to 4.183 million tons.

According to the State Statistics Service, this does not take into account the temporarily occupied territories of Crimea and the Antiterrorist operation zone. (Ukrainian metal)

Russia: Rusal prices $600 million debut Eurobond

Rusal has announced the successful pricing of a debut Eurobond transaction with the following key parameters: size $600 million, maturity 5 years, coupon 5.125%. Proceeds of the issuance are planned to be used for refinancing the company’s current indebtedness. Vladislav Soloviev, Rusal’s CEO said: “We are delighted to win overwhelming support for our debut Eurobond…

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Kazakhstan to lose Russian coal market

The prime minister of Kazakhstan Bakytzhan Sagintayev said that the country might soon lose the Russian coal market. “We have long been witnessing that Russia has been decreasing coal purchases. And the technologies are developing fast. Soon we might lose the market that we have today. We need to think of some other ways”, he…

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Ukraine: Selidovugol buys 5 million UAH worth of lamps

The state enterprise Selidovugol has ordered Trialtrade LLC the delivery of helmet lamps valued at 4.98 million UAH.

This year the company has to supply 2.5 thousand explosion-proof lamps at 1990 UAH apiece.

In May 2016 Selidovugol purchased the same lamps from another supplier at 1080 UAH apiece. (Ukrainian metal)

Kyrgyzstan: Kyrgyzaltyn gold works sees profits in 2016

The gold-processing works of Kyrgyzaltyn received 132.5 million soms of net profit in 2016, up by 84.1 million soms YoY.

In 2012-2015 the average profit of the works was around 80 million soms.

Output at the works increased last year by 25.4% YoY. (Ukrainian metal)

Russia: MMK output up in 2016

MMK Group’s total crude steel output in 2016 reached 12,544 thousand tons, up by 2.5% YoY. Overall steelmaking capacity utilization at the main Magnitogorsk site (subject to maintenance schedule) amounted to 89% (from 84% in FY 2015). MMK Group’s total finished steel product shipments in 2016 (excluding intra-group sales) amounted to 11,570 thousand tons, up…

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Russia: metal prices up in 2016

Prices of industrial manufacturers in December 2016 increased by 0.6%, according to Rosstat.

In 2016 prices went up by 7.4% YoY.

Metal companies demonstrated the highest increase in prices – by 3.6% in December, or by 18.1% in 2016. (Ukrainian metal)

Russia: Severstal spends 17 billion rubles on CherMK repairs in 2016

In 2016 the Cherepovets Iron and Steel Works carried out around 140 capital repairs of machinery. Investments into the project totaled 17 billion rubles. According to Severstal Russian steel repairs division director Sergey Dobrodey, the program presupposed basic repairs, as well as energy efficiency, safety and product quality improvement. 4 blast furnaces, 2 sintering machines,…

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