In 2016 Kuzbassrazrezugol enterprises mined 44.3 million tons of coal, including 6.2 million tons of coking coal. The annual output equals the 2015 results, but coking coal production increased by 7.2% YoY. Coal sales decreased by 1.8 million tons YoY, to 39.8 million tons. “This has to do with us increasing the coal processing. Thus…
DetailsIn 2016 Russia produced 941 thousand tons of ferrosilicon, down by 11% YoY.
According to the Federal Service of State Statistics, in December 2016 ferrosilicon output totaled 95.4 thousand tons, up by 15.7% YoY and by 144.9% MoM. (Ukrainian metal)
In early 2017 Evraz NTMK has increased productivity at its wheel-tyre shop because of the increase in demand on behalf of Russian customers. The increase in output in 2017 is expected to reach 20%. “Wheels are one of our key products. At present we see an increased demand for this type of metal products in…
DetailsThe Federal Service of ecological, technical and nuclear supervision has fined Boguchansk Aluminum Works and Sorsk Ferromolybdenum Works. BoAZ was checked on November 28 – December 23, 2016 and fined for 40 thousand rubles for illegal construction of heating power plants. While SFMZ was accused of violations of the waterworks safety operation, and fined for…
DetailsIn 2016 Interpipe sold 572 thousand tons of products, down by 5% YoY. According to the company statement, pipe sales dropped by 10%, while wheel sales went up by 22%. The export share in sales reached 75%. Interpipe sold 458 thousand tons of pipes in 2016. Ukraine and Europe saw the highest growth in consumption.…
DetailsEnergomashspetsstal will supply a batch of polygonal ingots to SSK van Schaewen Wetter. The billets will be produced of structural grade steel and will be sent to the customer in March. The weight of the lot will total 658 tons. The ingots will serve as the raw materials for the production of parts for various…
DetailsMagnitogorsk Iron and Steel Works shipped 1,135 million tons of galvanized steel to its consumers in 2016, the most in the company’s history. The previous record of 1,116 million tons was achieved in 2014. During the past 15 years, MMK has sustainably grown its galvanized steel output. In 2002 and 2008, the company commissioned two…
DetailsRusal has completed the debut offering of Eurobond with the following key terms: principal amount of $600 million, tenor 5 years, coupon rate 5.125% per annum. The bond proceeds will be used to refinance some of Rusal’s existing pre-export finance facility and improve the company debt maturity profile. «The company received very strong demand for…
DetailsNLMK Group, an international steel-making company with operations in Russia, Europe and the USA, announces the appointments of Anatoly Khebnev as Vice President for Procurement and Dmitry Kolesov as Vice President for Maintenance. The position of Vice President for Maintenance of NLMK Group is newly introduced. Dmitry Kolesov had been NLMK’s Director of Maintenance Planning…
DetailsRosterminalugol JSC, the largest dedicated coal port in the Baltic region, part of Russia’s largest coal port holding Port Management Company LLC, unloaded 21,887 wagons with 1.56 million tons of coal in January, up by 62.6% YoY (959,000 tons). Maximum unloading per shift was 473 wagons, per day – 877 wagons. From the beginning of…
DetailsThe bid book for the secondary public offering of Russian oil and gas pipe producer TMK was oversubscribed under the current guidance range, a banking source reported. The company guided investors for a pre-market placement price of 74.5 rubles per security. The bid book will be closed at 7.00 p.m. Moscow time on February 7,…
DetailsIn 2016 Ukrainian coal mining companies produced 40.9 million tons of coal, up by 1.119 million tons, or by 2.8% YoY. At the same time state-owned mines saw a significant decrease in production, the Energy and Coal Industry Ministry’s press service reports. In particular, coalmining companies produced 32.5 million tons of steam coal and 8.4…
DetailsIn 2016 Mariupol Ilyich Iron and Steel Works spent 1.647 billion UAH on its technical modernization. Strategic investment projects cost the company 894 million UAH. “That’s the reconstruction of the gas-purifying equipment in the sintering factory (259 million UAH) and the second converter (136 million UAH), overhaul of the blast furnace No. 4 (334 million…
DetailsIn 2016 Poltava Mining and Processing Works exported 11.416 million tons of iron ore pellets. Most pellets were exported to Europe and Near East, as well as Japan, China and Korea. Karelsky Okatysh (Russia) exported 4.941 million tons of pellets, Central GOK (Ukraine) – 2.21 million tons, Mikhailovsky GOK (Russia) – 2.161 million tons, and…
DetailsWithin the 2017 investment program the Central Mining and Processing Works has put two large BelAZ cargo trucks and a Komatsu bulldozer into operation. The new machines will be operating at the Petrovsky quarry. “We started renewing our trucks last year. In summer 2016 we bought 6 BelAZs, and 4 more in December 2016. This…
DetailsIn January Zaporizhstal produced 287.7 thousand tons of pig iron, 326.2 thousand tons of steel and 270 thousand tons of rolled metal. This is all down by 58%, 27.5% and by 31.4% YoY respectively. The decrease in the January output has to do with the major overhaul of the blast furnace No. 3 for 150…
DetailsMariupol Ilyich Iron and Steel Works has put one more blast furnace into operation following the shut down due to the problems with coke delivery. After the Russia-supported terrorists started shelling Avdiivka, the works shut down two of its four blast furnaces. “At present we have 3 blast furnaces operating, and we hope to be…
DetailsSeverstal has announced its financial results for the 2016. According to its press release, Severstal’s revenue decreased by 7.5% YoY, to $5,916 million, primarily reflecting a substantial decline in average steel selling prices at the beginning of 2016, as a result of the net decline in global benchmarks and a marginal decline in sales volumes.…
DetailsIn 2016 the Vysochaishy Group of Companies produced 5.1 tons of gold, down by 10% YoY. The highest results were reached at Golets Vysochaishy and Ykanskoye deposits in Irkutsk region – 4.8 tons of gold. Bolshoy Kuranakh in Yakutia yielded 308 kg of gold. Despite the decrease in output sales increased by 6% YoY, to…
DetailsIn January Ukrainian metal companies produced 2.103 million tons of carbon steel, up by 4.4% MoM and by 8.5% YoY. This is the highest result since May 2016. At the same time pig iron output decreased by 0.3% YoY, to 1.914 million tons, while that of rolled metal increased by 9.8% YoY, to 1.855 million…
DetailsThe oldest mine of Lisichansk – that named after Melnikov – has assembled the new coal conveyor. The works were financed by the Ministry of energy and coal industry within the program of Lisichanskugol support. The renovation of the conveyor allows putting into operation the first Northern face, yielding 700 tons of energy-generating coal per…
DetailsIn November 2016 Russia imported 23.5 thousand tons of corrosion-resistant flat rolled products valued at $45 million, down by 3.7% and by 8% MoM respectively, but up by 45% and by 28% YoY. 600 mm and more wide sheet accounts for around 90% of imports, with nickel content in steel not exceeding 2.5%. China supplies…
DetailsIn January-November 2016 Russia exported 78.3 thousand tons of stainless steel scrap and wastes valued at $77.3 million, up by 13.3% YoY, but down by 1.8% YoY respectively. 8% and more nickel-content scrap accounts for 64% of the exports. In November 2016 Russia exported 9.3 thousand tons of this scrap, down by 11% MoM. Some…
DetailsEnergomashspetsstal has won a tender to supply rolls for Mariupol Ilyich Iron and Steel Works. The companies have been cooperating since 2009. According to the contract, in 2017 EMSS will supply working and counter rolls for hot-rolling as well as counter rolls for cold-rolling with the total weight of 493.6 tons. All in all the…
DetailsSeverstal announces a 43 billion rubles investment program for 2017. The investment program of Severstal Russian Steel will total 26 billion rubles, with 12.1 billion to be spent on development, 13.9 billion – on maintenance of the existing capacities and the improvement of the security system. Some 1.7 billion rubles will go to IT-initiatives implementation.…
DetailsOJSC Magnitogorsk Iron and Steel Works celebrates the 85th anniversary of the launch of its Magnitogorsk mill. On February 1, 1932 the mill’s first blast furnace produced its first batch of pig iron. This date has come to be celebrated as marking the launch of MMK – one of the largest metal facilities in Russia…
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