According to the ruling of the court Titanium Investments, the company of Dmitry Firtash representing Crimean Titanium Works in Russia, had to pay 18 million rubles of the environment tax. According to the prosecutor’s office of the Russia-occupied Crimea, the Armyansk town prosecutors found out the company hadn’t paid 49 million rubles to the budget…
DetailsIn 2016 Magnitogorsk Iron and Steel Works 2000 hot-rolled mill produced 5948 thousand tons of hot-rolled metal, which is an annual record in the whole history of the mill operation. Records have been marked for the third year in a row. In 2014 the mill produced 5930 thousand tons, in 2015 – 5935 thousand tons.…
DetailsIn 2016 SUEK enterprises mined 105.4 million tons of coal, up by 8% YoY. Sales increased by 2% YoY, to 103.1 million tons. Russian consumers received 51.2 million tons of coal, with 39.5 million tons supplied to power companies. Decrease of supplies to the local market totaled 6% due to the drop in coal consumption…
DetailsSeverstal has announced that its subsidiary, Severstal-Metiz, Severstal’s international metal ware manufacturer, has entered into a definitive agreement with Teufelberger Wirerope, a leading international metal wire ropes producer based in Austria, for the sale of Severstal’s subsidiary company Redaelli Tecna (Redaelli Tecna, part of Severstal-Metiz). Redaelli Tecna is based in Italy and is a global…
DetailsRusal is pondering the options of selling 2 of its Sverdlov region companies. In particular, these are Kremniy-Ural in Kamensk-Uralsky and Polevsky Cryolite Works, that was stopped in 2013. According to Rusal, it has improved techniques at its silicon works the products of which are used in aluminum alloys manufacture, in order not to buy…
DetailsEnergomashspetsstal has concluded an agreement with Evraz NTMK to supply work rolls for 1300 hot-rolling mills. According to the contract, EMSS will produce 12 rolls with the total weight of 570 tons for NTMK. The weight of each roll ranges from 40.6 to 61 tons. The company will completely treat the rolls and deliver them…
DetailsYakutia needs 4.5 billion rubles to start mining tin in the Arctic. The mining should start in 2018. The region houses 37% of all prospected tin reserves in the country (630 thousands tons), with Russia mining just 10% (around 500 tons per year), and importing 90%. The main tin suppliers are China, Bolivia and Portugal.…
DetailsSeverstal Distribution has opened a new metal warehouse north of Moscow in the town of Lobna. The first shipments from the warehouse occurred in December 2016. “We have opened the second warehouse in the Moscow region, as our sales there are growing”, the company said. The new site comprises of the closed premises (800 square…
DetailsIn 2016 exporters of steel pipes, in particular Russia, Austria and Poland, used 87% of their quota. Russia used 100% of its quota having supplied 14 thousand tons of pipes to Ukraine. Austria supplied 2.7 thousand tons of pipes, or 95% of the quota, while Poland used only 34% of the quota and delivered 442…
DetailsArcelorMittal Kriviy Rih gradually replaces natural gas with bio-fuel when producing lime, a raw material used in making pig iron and steel. The refractory-lime shop has always been one of the largest gas consumers at the works. In addition to gas burners at rotating furnaces No. 4 and 5 the company has assembled bio-fuel burners…
DetailsChelyabinsk Pipe Plant (ChelPipe) has announced early payment of the syndicated loans totaling 80 billion rubles obtained in 2012. The loans were refinanced with funds obtained under credit arrangements signed with VTB Bank, Gazprombank and Sberbank in December 2016. The new loans have been acquired on more favorable terms, which helped the company cut its…
DetailsIn 2016, Zaporizhstal paid a record UAH 3.2 billion in taxes (up by 28% YoY) to the national budget of Ukraine. In 2015, the company paid UAH 2.5 billion in taxes. Tax payments of Zaporizhstal to local budgets increased by 66% (by UAH 255 million), to UAH 640 million in 2016 against UAH 385 million…
DetailsIn 2016 Ukrainian iron and steel works produced 23.5 million tons of pig iron, 24.2 million tons of steel and 21.4 million tons of rolled metal, all up by 8%, 6% and 6% YoY respectively. Exports increased by 0.2% YoY, to 21.4 million tons, valued at $7.2 billion, down by 10.3% YoY. Semi-finished products, rolled…
DetailsIn 2016 Evraz Sukhaya Balka produced 2.563 million tons of sinter ore, down by 8.7% YoY. According to the company statement, in Q4 2016 sinter ore output decreased by 3.3% QoQ, to 618 thousand tons. The company was selling sinter ore in Q4 2016 at $28 per ton, up from $25 per ton in Q3…
DetailsZaporizhstal was the first in Ukraine to get an eco-loan valued at $1 million for the construction of the gas-purifying system within the cooperation with the Ministry of ecology and natural resources and the state-run Ukrgazbank. According to the company statement, the money will be used to disassemble the outdated machinery and assemble a new…
DetailsIn 2016 Seligdar enterprises produced 4332 tons (139.277 ounces) of gold, up by 24.5% YoY. According to the company statement, tin output increased by 6.9% YoY, to 578.618 tons. “Last year we have shown the highest growth of output in our history. For the first time we have exceeded the 4-ton mark”, board of directors…
DetailsGuryevsk Iron and Steel Works has increased the quality of its products sorting. The management of the works pays special attention to the demands of the customers. If the clients want to get a good product, the employees will provide quality metal products. The employees examine each channel, angle, beam and other sections to check…
DetailsThe Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…
DetailsThe public joint stock company Ukrgazvydobuvannya has ordered Interpipe to supply 189.36 million UAH worth of casing seamless steel pipes. By the end of January Interpipe will have supplied 3900 tons of pipes produced at its NTZ works and 100 tons of triangular thread pipes according to D TU 14-3-1557-88 produced by Chelyabinsk Piperolling Works.…
DetailsIn 2016 Ukrainian metal companies consumed 1.74 billion cubic meters of gas, down by 14% YoY. In December 2016 gas consumption increased by 35 million cubic meters MoM, to 190 million cubic meters. Average daily gas consumption in December 2016 went up by 0.9 million cubic meters MoM, to 6.1 million cubic meters. In 2016…
DetailsRussian silver and gold producer Polymetal International will buy 5% in the Prognoz silver field for $3 million through an acquisition of 10% in Polar Silver Resources, which indirectly controls 50% in the field, Polymetal said in a statement. Polymetal also has an option for raising the stake in the field, located in the republic…
DetailsAktau city is planning to build a steelworks in the territory of Aktau Seaport. The project is to be launched from Q1. The plant will produce molded steel and cast iron items for various sectors of national economy. Progressive method – lost foam casting – will be applied at the plant. Its territory will cover…
DetailsIn 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…
DetailsThe State Service of Geology and Earth has resumed 2 special allowances to use the earth to Evraz Sukhaya Balka. According to the ruling, the licenses No. 592 dated August 5, 1996 and No. 599 dated August 6, 1996 have been resumed since the company has removed all violations. The licenses were suspended in September…
DetailsLaw enforcers together with the military have suppressed the delivery of 80 kg of scrap from the exclusion zone of the Kiev region.
In mid-January 3 Ukrainians were stopped some 100 meters from the exclusion zone while transporting around 80 kg of scrap.
The investigation revealed that they were stocking scrap to sell. (Ukrainian metal)
In 2016 Oskol Electrometallurgical Works supplied 3.23 million tons of rolled steel to its customers, up by 2.5% YoY. Exports saw an increase of 10.5% YoY, to 2.63 million tons, while local consumers received 0.6 million tons, down by 22.1% YoY. The total deliveries during the last 3 years increased by 6.6%, with exports up…
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