In 2016 Severstal-Metiz saved 35 million rubles due to streamlining its operation. According to the company statement, last year employees submitted over 200 rationalizing suggestions, allowing to decrease manufacturing expenses and prime cost. The highest result was obtained thanks to modernization of equipment and tools, as well as the change of key products manufacture techniques.…
DetailsIn 14 months there will be no profitless mines in Ukraine. According to the minister of energy and coal industry Igor Nasalik, by the end of 2017, 70% of mines will be lossless, and 50% – profitable. “The mines will also start paying for electricity, for which they haven’t paid for 2 years. They will…
DetailsPrime Minister of Ukraine Vladimir Groysman is initiating the cancellation of the mine check moratorium. He has ordered the Ministry of energy and coal industry to prepare a decree to allow checking coalmining enterprises. Earlier the Vice Prime Minister Vladimir Kistion presented the results of the labor safety check of the mining companies. After checking…
DetailsIn 2017 Zaporizhstal has spent over 20 million UAH on organization of health improving season for its employees, their families and veterans. According to the company statement, over 5 thousand employees and their family members will participate in the summer health improvement campaign. The metal works pays up to 70% of the tourist vouchers to…
DetailsIn April industrial output in Ukraine decreased by 1.7% MoM and by 4.6% YoY.
According to the State Statistics Service, in metal industry output decreased by 6.5% MoM and by 10.7% YoY.
Coke output dropped by 2.2% MoM and by 27.3% YoY.
In 2016 industrial output in Ukraine increased by 2.4% YoY. (Ukrainian metal)
In January-March Revda Non-Ferrous Metals Processing Works received 3.3 million rubles of net losses.
In Q1 2016 it received 13.9 million rubles of net profits.
The company earnings increased by 33.6%, to 865.2 million rubles. (Ukrainian metal)
In January-April Amur Zoloto mined 364.2 kg of gold at its deposits and 278.6 kg of silver. All the metal has been smelted at the gold-extracting and processing factory of Yubileyniy GOK. Amur Zoloto intends to construct a module processing factory with the capacity of 100 thousand tons per year at the Perevalnoye deposits. The…
DetailsIn January-March Kazakhstan mined 273.3 billion tenge ($879.627 million) worth of non-ferrous metals ores, up by 11% YoY. In particular, Kazakhstan mined 31.1 million tons of copper ores, up by 42.2%, 1.7 million tons of copper-zinc ores (up by 7.2%), 2.1 million tons of chromium ores (up by 25.6%) and 1.6 million tons of bauxites…
DetailsAccording to the deputy prime minister of Belarus Vladimir Semashko, the country is not negotiating coal supplies with the self-proclaimed Lugansk People’s Republic, a terrorist organization created and supported by Russia. “Belarus has no need for Donbass coal”, he said. The reason for such a statement was the interview of the LPR leader Igor Plotnitsky…
DetailsUkraine has dropped to the 14th position among 67 countries of the Worldsteel rating. China traditionally occupies the first place with 72.777 million tons of steel in April, up by 4.9% YoY. Ukraine produced 1.572 million tons of steel in April, down by 28.6% YoY, losing to Iran with 1.58 million tons of steel, up…
DetailsIn January-April Poltava Mining and Processing Works, a part of Ferrexpo, exported 2.926 million tons of iron ore pellets to Europe and Near East, as well as Japan, Korea and China. Karelsky Okatysh exported 1.945 million tons of pellets, Mikhailovsky GOK – 1.173 million tons, Lebedinsky GOK – 996.4 thousand tons (all three – Russia),…
DetailsIn January-March the volume of foreign trade in Kazakhstan amounted to $16.8 billion, up by 24.2% YoY. Exports increased by 30%, to $10.8 billion, and imports – by 15.1%, to $6 billion. Copper ore exports to China and Russia increased almost 3-fold (from $67 million to $182 million); coal – 2.4-fold, to $146 million to…
DetailsIn January-April Kazakhstan produced 26772 kg of raw gold, up by 24.5% YoY.
According to the Statistics Committee of the Ministry of national economy, raw silver output decreased by 10.1% YoY, to 357310 kg. (Ukrainian metal)
In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…
DetailsIngulets Mining and Processing Works, a part of Metinvest, has purchased two 130-ton BelAZs. The keys to giant trucks have been given to the best teams of the company. “InGOK uses only the best machinery in its operation. Within the investment program in May we put to new BelAZs into operation. The new machines are…
DetailsIn January-April Russia increased output of raw gold and gold powder by 4.3% YoY.
According to the statistics, in April gold output increased by 2.3% YoY, but dropped by 25.3% MoM. (Ukrainian metal)
Svetlana Ampilogova has been appointed the acting chief accountant of Zaporizhstal. According to the company press service the ex-chief accountant Natalia Mikhayskaya has been appointed the financial controller of Zaporizhstal. “Natalia Mikhayskaya has been a successful chief accountant, she has been developing the financial function of the enterprise. Now she heads the new for her…
DetailsMechel held a shareholders’ meeting on May 17.
The shareholders have approved deals with Gazprombank.
Thus they have approved of changes to the suretyship agreement on securing the loan contracts of Yakutugol and Yuzhniy Kuzbass with Gazprombak, as well as pledging 25% +1 share of Mechel-Mining ordinary shares to the bank. (Ukrainian metal)
The Alvidprof company will start manufacturing aluminum sections on the territory of the Phoenix industrial park in Smolensk region by the end of 2018.
Investments in the project total 400 million rubles.
Alvidprof has become the first resident of the industrial park, the construction of which will finish in Q3 2018. (Ukrainian metal)
In January-March the Industrial Metallurgical Holding enterprises mined 542 thousand tons of coking coal, down by 28% QoQ. The decrease was the result of the planned disassembly and assembly of machinery at Butovskaya mine and the short calendar period of the first quarter. Berezovskaya factory decreased coal concentrate processing by 6% QoQ, to 644 thousand…
DetailsUskovskaya miners have started digging coal at the long face 50-08. The reserves of the face are estimated at 1.8 million tons of coking coal of the premium GZh grade. Each month the miners intend to obtain some 250 thousand tons of coal. After processing at Evraz factories Uskovskaya mine coal is delivered to other…
DetailsThe power-generating company Centrenergo has cancelled the tender to buy 700 thousand tons of anthracite coal for Zmievskaya and Tripolskaya thermal power plants with delivery in May-December. According to the company statement, the decision was taken by the management in fear of the price increase in case of exchange rate fluctuations. 2 companies participated in…
DetailsMetinvest intends to implement anti-crisis measures at its Mariupol Ilyich Iron and Steel Works. In particular it is suggested using iron ore raw materials wastes to produce sinter in view of undersupplies of sinter ore via railroad. “We intend to implement new methods of operation providing for the more efficient usage of secondary materials, thus…
DetailsUkrzaliznytsia intends to send only 7 cargo trains through Kamysh-Zarya – Volnovakha railroad route. “And that’s when we need 18! We have raw materials enough for one day of operation. And we have informed the railway administration”, Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko wrote on his Facebook page. He believes that the…
DetailsEnergomashspetsstal has shipped a batch of back-up rolls to the Czech Republic.
The delivery is being carried out under the contract concluded by EMSS and ArcelorMittal Ostrava in August 2016.
The rolls with the total weight of 103.3 tons will be used in hot-rolling strip mills. (Ukrainian metal)
Cherepovets Iron and Steel Works has put the ball-rolling mill No. 2 into operation. The mill produces balls of the 4th group of hardness, used by raw material companies in ball mills to grind ore. Wisdri (China) delivered and assembled the main machinery. The new mill has been constructed taking into account the operation of…
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