The state enterprise Ukrpromvneshexpertisa says the zero duty on scrap imports will not greatly affect imports. “There is no country that could supply scrap to us at favorable conditions. The decree weakly affects imports. We didn’t import scrap not because of the duty, but because there was nowhere to import it from”, UPE deputy director…Details
The Krasnoarmeysk prosecutors have found out that the state enterprise Krasnolimanskaya Coal Company has not been paying pensions for some time.
According to the prosecutors, the debt to the Pension fund amounts to 8.3 million UAH. The office filed 2 cases to the Donetsk district administrative court demanding this money to be paid. (Ukrainian metal)
In January-October raw zinc output in Russia increased by 4.4% YoY.
According to the Federal Service of State Statistics, in October raw zinc production went up by 14.2% YoY and by 30.4% MoM. (Ukrainian metal)
In January-October output of refined copper dropped by 0.7% YoY.
According to the Federal Service of State Statistics, copper foil output dropped by 13.7%, of wire – by 17%, while that of plates, sheets, strips and bars went up by 5.5%, of rods and sections – by 19.6%, all YoY. (Ukrainian metal)
The government will provide guarantees for 1 billion UAH to finance mines. This will allow clearing salary debts to miners, amounting to 100 million UAH. Some money will be given to the development of mines. For example, Lisichanskugol has drafted a development program, envisaging financing of two mines. In the nearest future 350 million UAH…Details
The mine named after Stashkov has put a new face into operation. Its reserves are estimated at 460 thousand tons of coal. The average daily output is expected at 2 thousand tons. Miners have enough work until August 2017. DTEK investments into the capital repair of equipment and the long face development exceeded 21.3 million…Details
In January-September Kazakhstan exported 51.6 thousand tons of steel pipes to Russia, up by 90% YoY, and by 41% compared with the total 2015 volume. Kazakhstan occupies the second position in Russia’s imports after China. 96% of the pipes exported to Russia are up to 406.4 mm diameter pipes for oil and gas pipelines, as…Details
In January-October Central Mining and Processing Works, a part of Metinvest, produced 1.983 million tons of pellets, on the 2015 level. According to a company representative, iron ore concentrate output dropped by 15.2% YoY, to 4.389 million tons. In October CGOK produced 209 thousand tons of pellets and 407 thousand tons of concentrate. In 2015…Details
In January 2017 the hot-rolling mill-2000 at Magnitogorsk Iron and Steel Works will be halted for capital repairs for 9 days. At present the preliminary works are being carried out at the mill. The overhaul will increase capacity by 150 thousand tons of metal per year. The works will be carried out by the specialists…Details
Izhstal, a part of Mechel, has received the certificate of quality correspondence from one of the major aviation machinery producers in Russia – Aviastar-SP.
Izhstal supplies commercial steel to Aviastar-SP: cold-drawn, calibrated, structural and structural nickel-containing steel. The certificate is valid for 3 years. (Ukrainian metal)
In January-September Russia exported 160 thousand tons of transformer steel valued at $227 million, down by 14% and by 22.5% YoY respectively. These are the lowest results in 3 years. Some 22% was exported to India, down by 2% YoY. Turkey occupies the second position with 19%, down by 30% YoY, while last year it…Details
In 2016 Russia plans to produce 297 tons of gold, up by 1.2% YoY.
Last year Russia produced 293.4 tons of gold, up by 2% YoY
In January-September gold output went up by 0.4% YoY, to 219.25 tons. (Ukrainian metal)
The State committee of industry, energy and subsurface resources management plans to hold an auction on the goldfield Irisay on December 19.
The starting price of the license for the object is 2.8 million soms ($40.12 thousand). The projected gold reserves are 13180 kg. (Ukrainian metal)
The Antimonopoly committee of Ukraine has to check the intentions of Ukrzaliznytsia on increasing transportation tariffs in 2017 by 25% for cargo and by 35% for passengers. This has been voiced by the chairman of the Metallurgists Federation of Ukraine Sergey Belenky. According to him Ukrzaliznytsia management has officially confirmed this plan. “The Ministry of…Details
Russian uncut diamond mining giant Alrosa and metals holding Norilsk Nickel have asked the natural resources minister to simplify the procedures needed to expand licensed fields. The licenses for the older deposits of the companies were given in the Soviet times or the early 1990s, when the depth and the area of drilling were severely…Details
Russia’s United Metallurgical Company (OMK) is seeking to sell or send to Russia the capacities of the Texas-based subsidiary OMK Tube and is in talks with South Korea’s SeAH Steel as a potential investor. The negotiations are not exclusive but other contenders for the asset have not been disclosed. OMK bought Tubular Solutions, a firm…Details
The Trubodetal Manufacturing Facility (AO Trubodetal, Chelyabinsk, a United Metallurgical Company (OMK) subsidiary) hosted an award presentation ceremony for the winners of the Best Employee competition in honor of Trubodetal’s anniversary. The manufacturing facility’s most successful and effective employees received awards in 24 categories, including worker and engineering occupations as well as for administrative and…Details
China’s Zhaojin Mining Industry and Zijin Mining Group are taking part in talks to buy up to 25% in Russia’s largest gold producer Polyus for $2 billion. Zhaojin is considering buying the stake jointly with China’s Fosun. A Qatari investor is also interested in buying into Polyus, sources said. Suleiman Kerimov, the majority shareholder of…Details
In October Ukraine (without the Russia-occupied Crimea and ATO zone) mined 2.7 million tons of coal, up by 0.2% YoY and by 5% MoM.
According to the State Service of Statistics, in January-October coal output went up by 4% YoY.
In September coal output dropped by 4%. (Ukrainian metal)
In the first half of November Makeevugol coal target mining was fulfilled by 93.3%. The group still has to mine 2920 tons. According to the company statement, its Kirov mine was ahead of all the rest. In particular, Kholodnaya Balka mined 101.2% of the plan, Kalinovskaya-Vostochnaya – 99.8%, mine named after Kirov – 103.7%, Yasinovskaya-Glubokaya…Details
In January-September DTEK mined 22.3 million tons of coal, up by 4.1% YoY, produced 28.6 billion kW-h of electricity, up by 1.7%, yielded 33.6 billion kW-h of electricity, down by 0.1%, and produced 1.2 billion cubic meters of natural gas, up by 33.1%. “We continue developing our companies and have finished two important projects. Pavlogradskaya…Details
In October salary debts to state miners, controlled by the Ministry of energy and coal industry, decreased by 20.7%, or by 59957.8 thousand UAH, to 229316.8 thousand UAH. According to the ministry, as of January 1, 2016 salary debts to state enterprises on Ukraine-controlled territories totaled 167199.1 thousand UAH, including 147748.8 thousand UAH to state…Details
OMK will supply 150 thousand tons of pipes for Nord Stream-2 gas pipeline, while Chelyabinsk Pipe Works will supply 80 thousand tons. “By the end of the contract OMK will have supplied over 700 thousand tons of pipes, with ChTPZ supplying some 600 thousand tons”, Ivan Shabalov, Association of the Pipe Manufacturers coordination committee chairman,…Details
In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works.
According to the company statement, this will increase mining capacities to 7 million tons of ore per year.
Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)
In January-October Ingulets Mining and Processing Works produced 9.74 million tons of iron ore concentrate, up by 2.6% YoY.
According to a company representative, in October InGOK produced 880 thousand tons of concentrate, up from 739 thousand tons in September. (Ukrainian metal)
In January-October Severstal-SMC-Vsevolozhsk, a part of Severstal Russian Steel processed over 60 thousand tons of metal, which exceeded the total 2015 results. The company offers a wide range of metal processing services and welded billet production. It operates the first line in Russia on welded billet manufacture for automobile producers. The line is capable of…Details