In January-June Chelyabinsk Zinc Works received 2.228 billion rubles of net profits, up 1.3-fold YoY. Earnings increased by 36.5%, to 13.853 billion rubles, gross profit – by 17.2%, to 3.718 billion rubles, sales profits – by 23.3%, to 2.643 billion rubles. In 2016 the group produced 174.803 thousand tons of zinc. In H1 2017 –…
DetailsIn January-June DTEK enterprises mined 14.8 million tons of coal, up by 6.6% YoY, or by 910.5 thousand tons. Russian Obukhovskaya Mine Group mined 1.36 million tons of coal. Ukrainian enterprises yielded 13.45 million tons of coal, up by 4.6% YoY. The increase in the coal output, despite the loss of control over three coal-mining…
DetailsIn January-July Ukraine produced 11.9 million tons of steel, down by 18% YoY. According to Ukrmetallurgprom, rolled metal manufacture dropped by 19%, to 10.2 million tons, pig iron – by 22%, to 10.96 million tons. Coke output decreased by 21%, to 5.95 million tons. In 2016 Ukraine produced 24.2 million tons of rolled steel, 21.41…
DetailsIn January-June Metinvest produced 3.92 million tons of steel, 4.01 million tons of pig iron and 2.13 million tons of coke, all down by 6%, 6% and 3% YoY respectively. Q2 steel output drop was 10% QoQ, to 1.85 million tons. At the same time pig iron output increased by 2%, to 2.03 million tons,…
DetailsAvelanna Gold has developed a project to mine for precious metals in Zakarpatye and plans to invest some $100 million. The company has already received all the agreements, but the formal provision of documents is always postponed, so it cannot start operating. The company is working on the development of new infrastructure at the Muzhievskoye…
DetailsPavlogradskoye Mine Group intends to mine 4 million tons of coal this year. To reach this goal the enterprise needs to prepare a new long face as fast as possible. The shaftmen of the Pavlogradskaya mine have been working at the increased level for several months, and have already exceeded scheduled monthly results. At such…
DetailsAccording to the railroad statistics, in January-June Revyakino Iron and Steel Works LLC shipped 18.4 thousand tons of steel bars to local customers. The first batches were sold in November 2016. Since then the company has sold 32.3 thousand tons of steel. The main supplier of the raw materials to the company is OEMK. In…
DetailsIn January-June the iron ore enterprises of Orken (ArcelorMittal Temirtau) produced 1.293 million tons of iron ore concentrate, up by 3.5% YoY. In total Orken enterprises mined 2.419 million tons of iron ore, up by 1.2% YoY. The Orken iron ore division is a complex of 4 enterprises: Lisakovsky subsidiary, Orken-Kentobe, Orken-Atansor and Orken-Atasu. They…
DetailsIn July Zaporizhstal produced 306.4 thousand tons of pig iron, 334 thousand tons of steel and 294.3 thousand tons of rolled metal. In June the corresponding figures were 260.7 thousand tons, 284.1 thousand tons and 246.7 thousand tons. In January-July the company produced 1976 thousand tons of pig iron, 2226.7 thousand tons of steel and…
DetailsIn late July the Demidov Group of Companies increased all its prices by 3%. That was the second price increase in July. The company explains that the unscheduled price increase was the result of the thinning of the stocks as well as a sharp increase of rolled sheet prices from local manufacturers and importers. In…
DetailsAsha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the new machinery is put into operation, the cycle of thermo-chemical treatment of bands of heat- and corrosion-resistant steel and alloys produced at the company will be complete. The workspace of the furnace is 750 mm.…
DetailsMagnitogorsk Iron and Steel Works will replace converters at its oxygen converter shop. The project is expected to be complete this year. All the equipment will be supplied by Novokramatorsk Machine-Building Works (Ukraine). NKMZ has already shipped the equipment of the converter bulk. At present the works is manufacturing the third bulk of a converter.…
DetailsThe supervisory board of Komsomolskoye Mine Group, a part of Metinvest, has cancelled the office of the acting CEO Alexander Dakhnovsky, having appointed the Krasnodonugol financial director Valentin Kononov to this office instead. According to the company statement, the decision was taken at the board meeting on July 28. Dakhnovsky has been the acting CEO…
DetailsTownship-forming coal enterprises of Toretsk (Donetsk region) are under threat of closing. The city authorities ask the government to influence the situation. The main labor office of the region has refused to approve of Toretskugol mining program for Q3. This makes it impossible for the company to mine for coal at Tsentralnaya and Toretskaya mines.…
DetailsDCH, which has recently purchased Evraz Sukhaya Balka from Evraz, on the latest meeting of shareholders decided not to change the name of the enterprise, as was suggested earlier. “For a time being the name remains the same. But we still have plans to change it. But on another shareholders’ meeting”, a company representative reported.…
DetailsVolnogorsk Mining and Metallurgical Combine has ordered Imex Minerals LLC the delivery of large trucks valued at 61.5 million UAH. This year the company has to supply 7 new BelAZ-755V quarry dump trucks with the lifting capacity of 55 tons produced not earlier than 2012 at 8.79 million UAH apiece. Earlier the works has ordered…
DetailsEnergomashspetsstal will supply a large batch of billets to EschmannStahl GmbH & Co. KG (Germany). The batch will include 29 mechanically treated parts to be used as tooling to produce moulds. The weight of the products will be 250.5 tons. According to the contract all the products must be delivered in September-December. The companies have…
DetailsMMK-Metiz quality management system has successfully passed the audit for the correspondence to ISO 9001:2015 and ISO/TS 16949:2009.
According to the company statement, the system has been checked by TUV Nord Cert experts.
MMK-Metiz was certified according to ISO 9001 back in 2006, and according to ISO/TS 16949 in 2007. (Ukrainian metal)
The Eurasian Economic Committee intends to impose a 5-year antidumping duty on Ukrainian hot-rolled angles in the amount of 37.89%. “The price of goods originating from Ukraine in 2013-2016 was lower than that of the manufacturers by 6.9% on average. The share of imports increased by 7% YoY in 2015. This is enough to impose…
DetailsMariupol Ilyich Iron and Steel Works is reorienting its manufacture to suit the demand and diversifies it under the conditions of the growing protectionism on the world steel markets. “Previously it was a record to bring 10 new products to the market in a year, now we can start producing 2-3-fold more. In H1 we…
DetailsNLMK Group has signed a two-year contract with the road building company Avtoban for the supply of by-products that will be used in the construction of a start-up facility No. 3 of the Central Ring Road in the Moscow Region (CRR-3). The CRR is set to be a key link in the transport network of…
DetailsPJSC Centrenergo has signed a contract with XCOAL Energy & Resources (the United States) to supply about 700,000 tons of anthracite coal by the end of 2017, head of the company Oleh Kozemko has said. “We signed a contract on July 14, expect about 700,000 tons by the end of the year,” he said at…
DetailsOwner of the Russian steelmaker Severstal Alexei Mordashov outpaced Leonid Mikhelson, major shareholder of the national gas producer Novatek, in the rating of the richest Russians, Forbes said on July 31. Mordashov’s wealth is estimated at $16.8 billion, followed by Mikhelson with $16.2 billion, it said. “The ascent of Mordashov was facilitated by a significant…
DetailsPJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the second quarter and the first half of 2017. First Vice-President – Chief Operating Officer, Sergey Dyachenko commented on the production results: “In Q2 our platinum group metals (PGMs) production increased substantially owing to the…
DetailsUkraine’s production of coal decreased by 558,400 tons, or by 2.9%, in January-June, compared to the same period in 2016. This has been stated in an information note on the main indicators of the Ukrainian fuel and energy industry development over the first six months of 2017. “In January-June coal-mining enterprises of Ukraine produced 558.4…
DetailsIn January-June Vysochaishy (GV Gold) mined 2.2 tons (71 thousand ounces) of gold, down by 15% YoY. “The drop in output has to do with the scheduled decrease of ore mining (by 13%) and processing of lower gold-containing ore (by 16%)”, the company explains. Gold sales in H1 totaled $84.1 million, down by 14% YoY.…
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