In September Russia exported to Europe 208 thousand tons of coal, illegally taken from the occupied districts of Donetsk and Lugansk regions.
This is up by 18% MoM, or by 33 thousand tons.
According to a source among Russian coal traders, in August-September coal exports were hindered by the Russian Railroads limitations. (Ukrainian metal)
The Ministry of economic development and trade has officially confirmed the imposition of a 5-year antidumping duty by the Eurasian Economic Commission on the Metinvest hot-rolled angles in the volume of 37.89%. The EAEC decided to impose antidumping duties on the imports of hot-rolled steel angles originating from Ukraine under the codes of 7216210000, 7216401000,…
DetailsAbinsk Electrometallurgical Works has completed the modernization of its arc-furnace shop. The project saw the reconstruction of the arc-furnace, stove-busket as well as the continuous-cast billet machine. As the result the company will increase the manufacture of 130 and 150 mm billets from 1.2 million tons to 1.5 million tons. The works will also be…
DetailsIn January-June Metinvest increased EBITDA by 45% YoY, to $839 million. According to the group statement, earnings increased by 36%, to $3.913 billion, but net profit fell by 20%, to $72 million. The EBITDA growth was the result of the increase of sales prices ($1.192 billion), EBITDA share increase in joint companies ($69 million), as…
DetailsSOGAZ will insure Severstal property for 113 billion rubles. In particular, the company will insure the assets of Severstal, Severstal-Metiz, Orel Iron and Steel Works, Severstal steel ropes, Izhora Pipe Works, Severstal Pipe-Section Works Sheksna, Karelsky Okatysh and Olkon. The mining and property complexes, as well as special machinery, railroad wagons, automobiles will be insured…
DetailsSeverstal has chosen the supplier of the hot-rolled strip surface quality control system for Cherepovets Iron and Steel Works. ISRA Parsytec GmbH will supply, assemble and commission four quality control systems. “The investment project with the total value of over 180 million rubles is aimed at improving the quality of the cold-rolled metal surface, as…
DetailsRussian gold producer Polymetal International has increased gold reserves of the Komarovskoye field in Kazakhstan by 57%, to 1.374 million ounces, or 42.7 tons, Polymetal said in a statement on October 11. The reserves were calculated under the 2012 JORC standards and “incorporate data from 387 diamond drill holes completed after Polymetal had agreed to…
DetailsIn January-September Pervomayskugol decreased coal output by 48.1%, Lisichanskugol – by 14.2%.
According to the Ministry of energy and coal industry, Pervomayskugol mines extracted 129.9 thousand tons of coal, while Lisichanskugol – 148.3 thousand tons.
All in all coal output in Ukraine in 9 months decreased by 11.5% YoY. (Ukrainian metal)
Kuzbass is the main coalmining region of the country. In 2016 out of 385 million tons of coal mined in Russia the region supplied 59%, with 75% being coking coal. The regional authorities together with coal companies and Russian Railroads have carried out an important work on increasing coal deliveries. Thus, in 9 months some…
DetailsMMK Trading House LLC is expanding the sales of its sections for major construction projects. In August the company supplied profiled sheeting for the construction of the TMK scientific-technical center in Skolkovo, as well as delivered galvanized sheeting to a number of cattle-breeding projects under construction in the Central region. The volume of the delivery…
DetailsIzhorsky Pipe Works has completed the scheduled repairs in its electric welding shop. The work lasted for 3 days. According to the company statement, some 150 specialists participated in the repairs. “The repairmen demonstrated an efficient team work. The repair will provide for the faultless operation of the shop and prolong the lifetime of the…
DetailsThe Stoylensky Mining and Processing Works has replaced an old crushing mill with a new KKD1500/180 machine. The capacity of the new mill is 1.9 thousand cubic meters per hour. The machine was manufactured by Uralmashzavod. The record-short time assembly allowed the company to keep output on the planned level. At present the new crushing…
DetailsSeverstal announced its operational results for Q3 and the 9 months of 2017. Hot metal output remained almost unchanged at 2.23 million tons (Q2 – 2.24 million tons) compared with the previous quarter, whereas crude steel production was up by 4% at 2.94 million tons (2.83 million tons). Crude steel output at CherMK in Q2…
DetailsMetalloinvest has signed two long-term credit facility agreements with ING Bank guaranteed by export credit agencies (ECA). The funds will be used to purchase equipment for the implementation of investment projects at Ural Steel (part of Metalloinvest). One of the agreements, a EUR 11.5-million ten-year credit line guaranteed by Euler Hermes Aktiengesellschaft (Germany), will be…
DetailsIn January-August Ukraine mined 26.175 million tons of coal, down by 11.5% YoY. According to the Ministry of energy and coal industry, of this 4.4 million tons were extracted at state mines, down by 16.4% YoY. In September Ukraine mined 2.6 million tons of coal, with 0.4 million tons extracted by state mines. The share…
DetailsIn January-September metal consumption in Ukraine increased by 6.3% YoY. According to Ukrmetallurgprom, metal companies supplied 2.737 million tons of products to the local market against 2.574 million tons in 9 months of 2016. The local market share increased from 15.8% to 20.3%. At the same time exports dropped by 20.8% YoY, to 10.732 million…
DetailsThe Central Mining and Processing Works has not supplied some 45 thousand tons of iron ore products to its customers in Eastern Europe because of the lack of railroad wagons. According to the company CEO Dmitry Shevchik, of this volume some 15 thousand tons are irreparable losses. At the same time Ukrzaliznytsia lost around 10…
DetailsSeverstal – Bar Works Balakovo has received a certificate of correspondence to DIN 488 of B500B steel. In summer the works rebars were tested by Betonstahl. The independent experts confirmed the correspondence of the rebars to the DIN 488 standard. The certificate covers rebars with the diameter from 8 to 32 mm. Severstal-Balakovo is ready…
DetailsVyksa Iron and Steel Works pipes have received the Gazprom certificate for the correspondence to InterGazCert system. The certificate confirms that the electric-welded large diameter pipes to be used in construction, reconstruction and repairs of pipelines completely correspond to the Gazprom standards. Earlier the works received the InterGazCert certificate of the quality management system according…
DetailsFor the first time the ChTPZ group will supply large diameter pipes to OMV, the largest oil company in Central Europe. The order is for 850 tons of pipes with the diameter of 508 mm and the wall thickness of 14.2 mm with three-layer polyethylene coating, as well as 1620 tons of pipes with the…
DetailsIn January-September Severstal produced 8.639 million tons of steel, down by 0.8% YoY. According to the company statement, pig iron manufacture dropped by 2%, to 6.814 million tons. At the same time consolidated sales of steel products increased by 3%, to 8.167 million tons. In 2016 Severstal produced 11.63 million tons of steel, up by…
DetailsIn October Avdiivka Coke and Chemical Works found two cases of lack of coal supplied to it. On October 1 a cargo train No. 3504 en route Udachnoye – Avdiivka brought 1800 kg of coal less. And on October 4, three wagons of the train No. 3104 en route Pokrovsk – Avdiivka were 5600 kg…
DetailsAccording to the ex-member of the National commission on energy regulation Andrei Gerus, DTEK enterprises haven’t paid some 100 million UAH to the state budget. In 2016 DTEK companies did not pay the rent of 0.75% for coal mining from the price of its sale (1076 UAH per ton for Pavlogradugol and 1053 UAH for…
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