Russia: Amurmetal planning development

In January-June the works previously known as Amurmetal and controlled by Torex-Khabarovsk LLC produced 264 thousand tons of rolled metal. The company is developing – it invests in modernization, prepares the manufacture of a new rebars standard and has concluded an agreement with Posco Daewoo on the supply of 300 thousand tons of billets. Since…

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Russia: coal output up in Primorye region in H1 2018

In January-June Primorye region mined 4.33 million tons of coal, up by 9% YoY.

In particular, brown coal output totaled 4.03 million tons and bituminous coal – 0.3 million tons.

This year the region intends to mine 8 million tons of brown coal and 0.5 million tons of bituminous coal. (Ukrainian metal)

Ukraine: decree to clear debts to miners signed

The speaker of the Verkhovna Rada Andrei Parubiy has signed the decree on state coal industry financing.

The decree has been sent to the president Petro Poroshenko.

261 members of the parliament voted in favor of the decree.

The decree aims to clear salary debts to state miners. (Ukrainian metal)

Russia: 300 thousand tons of scrap exported to Turkey in June 2018

According to Turkish Statistical Institute (TUIK), in January-June Turkey increased scrap imports by 15.8% YoY, to 10.77 million tons.

In particular, Russia increased deliveries by 60%, to 1.33 million tons.

In June scrap imports from Russia grew by 66.1%, to 299.165 thousand tons. (Ukrainian metal)

Ukraine: Metinvest gets Pokrovskoye Mine Group

Metinvest has indirectly become a shareholder in the Pokrovskoye Mine Group, the largest coking coal manufacturer in Ukraine.

Since Q2 2017, 57.29% of Pokrovskoye have been transferred from Donetskstal to Industrial Coal Holding LLC (ICH).

At present Metinvest B. V. holds 24.99% in ICH. (Ukrainian metal)

Russia: Karelsky Okatysh buys new locomotive

Karelsky Okatysh Mining and Processing Works has purchased a new locomotive.

The machine, manufactured by Bryansk Machine-Building Works, will be able to save fuel expenses by 10% due to a special diesel engine.

The investment program of the company presupposes further purchases of such locomotives to replace old ones. (Ukrainian metal)

Russia: KZOTsM passes audit

On July 24-26 the auditors of the certification association Russian Registry carried out a scheduled integrated check of the Kirov Non-Ferrous Metals Processing Works management system. In particular, the experts checked the correspondence of the labor protection management system to the BS OHSAS 18001:2007, environment management system to ISO 14001:2015 and quality management system to…

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