Russia: MMK steel output up in Q1 2017

In January-March MMK produced 3.066 million tons of steel, up by 1.4% YoY. According to the company statement, the total loading of capacities at the main site in Magnitogorsk exceeded 94%. Product sales dropped by 2.3% YoY, to 2.723 million tons. High added value products manufacture increased by 5.1%, to 1.313 million tons. The share…

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Russia acknowledges supplying raw materials to Donbass metal works

The head of the Russian Federal Agency on state reserves Dmitry Gogin confirmed that Russia was supporting Donbass enterprises. Earlier the head of the Russian commission “on humanitarian aid” to the territories of the south-eastern districts of Donetsk and Lugansk regions of Ukraine Sergey Nazarov declared, that “companies, affected by the economical and transport blockade,…

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Ukraine: Interpipe Steel output up in Q1 2017

In January-March Interpipe Steel produced 181 thousand tons of steel, up by 23.1% YoY.

According to the company statement, in March the works produced 65 thousand tons of steel against 55 thousand in February.

In 2016 Interpipe Steel increased steel output by 2% YoY, to 614 thousand tons. (Ukrainian metal)

Russia: metal structures output up in Q1 2017

According to the Federal Service of State Statistics, in January-March Russia produced 898 thousand tons of metal structures, up by 15.5% YoY.

In March metal structures output increased by 11% MoM and by 6.7% YoY. (Ukrainian metal)

Russia: metal output up in Q1 2017

According to the Federal Service of State Statistics, in January-March Russia produced 14.6 million tons of rolled metal, up by 2.5% YoY.

Pig iron manufacture dropped by 1.1%, to 13 million tons, while that of pipes increased by 10%, to 1.5 million tons. (Ukrainian metal)

Russia: Altai-Koks output up in Q1 2017

In January-March Altai-Koks, a part of NLMK, produced 1.03 million tons of coke, up by 16% YoY. The company capacities were 95% loaded.

On Russian market Altai-Koks sold 88% of its coke, with 80% – inside the NLMK group. The rest was exported to Kazakhstan, Uzbekistan, Germany, Belgium and Finland. (Ukrainian metal)

Ukraine: EGOK taxes up in 2016

In 2016 Yeristovo Mining and Processing Works, a part of Ferrexpo, increased taxes payments by 16% YoY, to 176.7 million UAH. In particular, the state budget received 93.7 million UAH, regional – 43.7 million UAH, local – 39.3 million UAH, or 53%, 25% and 22% respectively. The budget of Gorishniye Plavni received 29.1 million UAH,…

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Russia: Ormet to launch underground mine

Ormet, a part of Russian Copper Company, continues the construction of an underground mine at the Dzhusinskoye deposit, Chelyabinsk region. Currently, the surface objects of the mine are being assembled, ore is mined at the prepared site as part of a pilot project for approbation of development systems, which should guarantee the safety of mining…

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Ukraine: Stalkanat-Silur income up in 2016

In 2016 Stalkanat-Silur received 34.49 million UAH of net profits.

The company net income went up by 16%, or by 212.5 million UAH, to 1.53 billion UAH.

In 2015 Stalkanat-Silur received 194.98 million UAH of losses, having increased its net income by 18% YoY, to 1.32 billion UAH. (Ukrainian metal)