Ukraine: metal output down in August 2017

In August Ukraine produced 939 thousand tons of steel, not counting continuous-cast semi-finished products, up by 0.5% YoY, but down by 3.7% MoM. According to the State Statistics Service, the temporarily occupied territory of Crimea and a part of the Antiterrorist operation zone are not taken into account. Steel output in 8 months decreased by…

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Russia: Zapadnaya Coal Company mines 390 thousand tons of coal

In January-August the Zapadnaya Coal Company mined 390.6 thousand tons of coal at the Krutoyarsky site of the Konstantinovskoye deposits, up 2.5-fold YoY.

This year the company intends to yield 450 thousand tons of coal. Thus, so far the target has been 87% complete. (Ukrainian metal)

Russia: Sakhalin mines 4.7 million tons of coal

In January-August Sakhalin region mined 4.7 million tons of coal, up 1.4-fold YoY.

At present 10 enterprises mine for coal in the region, with two companies – Solntsevskiy coal pit LLC and Gornyak LLC – accounting for 65%. (Ukrainian metal)

Russia: Metalloinvest shuffles board of directors

Metalloinvest has changed the composition of its board of directors. The new board comprises Ivan Streshinsky, chairman, Galina Aglyamova, independent non-executive director, Andrey Varichev, executive director, Valery Kazikayev, independent non-executive director, Nikolay Krylov, independent non-executive director, Irina Lupicheva, non-executive director, Pavel Mitrofanov, non-executive director, Gleb Kostikov, non-executive director, and Dmitry Tarasov, independent director. The board…

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Russia: Ruspolymet completes 10-year modernization program

On September 20 Ruspolymet put into operation a new radial forging shop. The new Austrian radial-forging mill operating together with two heating furnaces, two heat-treating furnaces, a mobile manipulator and three mills will provide for the manufacture of the high-quality rods for aviation, power, machine-building, chemical and oil-and-gas industries. The new machine will allow Ruspolymet…

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