Russia: Krasnoyarsk region coal output up in H1 2018

In January-June Krasnoyarsk region increased power-generating coal output by 19% YoY.

The growth in the output is explained with the increase in demand.

This coal is one of the most exported from Russia. The largest coal importers are China, India and Japan. (Ukrainian metal)

Russia: Rosgeologia to inspect gold-promising site in Magadan region

Rosgeologia will carry out prospecting works within the Petenikanskaya field.

The site is in the Magadan region.

The total size of the site to be inspected is 470 square km.

The project has to be carried out by the end of 2020. (Ukrainian metal)

Russia: CherMK electricity output up in H1 2018

In January-June Cherepovets Iron and Steel Works produced 2251 million kW-h of electricity, up by 1% YoY.

“The increase allowed driving the consumption of our own electricity to 77.2% of the total amount, which is one of the best results in the industry”, Severstal Russian Steel CEO Vadim Germanov said. (Ukrainian metal)

Kyrgyzstan: First Longstop Date under strategic agreement on Kumtor repeatedly extended

Centerra Gold Inc. has agreed with the Government of the Kyrgyz Republic to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date under the Strategic Agreement originally expired on April…

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Russia: UralKuz sales up in H1 2018

In January-June Uralskaya Kuznitsa increased sales by 43%, to 98 thousand tons.

UralKuz increases railroad axles output. Axles sales grew by 69%.

The company has been manufacturing products for railroad transport since 1995. (Ukrainian metal)

Russia: NLMK output up in H1 2018

In January-June NLMK produced 6.49 million tons of steel, up by 3% YoY. Pig iron output totaled 6.15 million tons, up by 7%. Galvanized rolled metal manufacture grew by 19%, to 424 thousand tons. Transformer steel output reached 54 thousand tons, up by 28%. In June the 2000-mill set a daily output record of 20.78…

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