Beginning with October 19, ArcelorMittal Kriviy Rih had to start paying for damages caused by its pollution. According to the new Tax Code of Ukraine, AMKR has to pay the following to the state: 30% to the special state budget fund (21 million UAH) and 70% to the local budget (50.4 million UAH). The latter…Details
In January-September ArcelorMittal Kriviy Rih produced 4.27 million tons of rolled metal, up by 10.8% YoY. According to the company statement, steel smelting went up by 8.8%, to 4.72 million tons, while pig iron production increased by 15.8%, to 4.52 million tons. The company also produced 7.77 million tons of sinter, 692 thousand tons of…Details
MMK-Metiz has added a new type of products to its portfolio.
According to the company statement, it has started producing square stock with 7×7 and 8×8 mm sections of 10 and 20 steel grades in rods.
Such rods are used in many industries. (Ukrainian metal)
The Ukrainian Prime Minister Vladimir Groysman will head the meeting of the Cabinet of Ministers on mining-metallurgical complex on October 24.
Metal companies have also agreed to have separate meetings with power and transport companies. (Ukrainian metal)
The council of cooperation of Gulf countries (Bahrain, Qatar, Kuwait, UAE, Oman, Saudi Arabia) has started investigation on ferrosilicomanganese imports from Ukraine.
Within 21 days of the date of the investigation start all the parties concerned have to register as participants, and within 10 days to address the council to receive the questionnaire. (Ukrainian metal)
In January-September the Siberian Coal Energy Company mined 78.9 million tons of coal, up by 15% YoY. Sales went up by 5% YoY, to 74.1 million tons. Sales on the local market remained on the last year levels. Russian consumers received 36.1 million tons of coal, with 29.2 million tons going to power plants. Foreign…Details
The department of the inner market protection of the Eurasian Economic Commission has started the second antidumping investigation in respect of some types of steel pipes, produced by Ukrainian metal companies. The investigation was initiated by Interpipe to review the individual sizes of antidumping duties due to new circumstances. The antidumping measures were imposed in…Details
In January-September Korshunovsky Mining and Processing Works mined 6 million tons of ore, up by 3% YoY. According to the company statement, concentrate output went up by 3%, to 2.1 million tons. Almost all of the products (98%) were supplied to Chelyabinsk Iron and Steel Works. Revenues increased by 13% YoY, to 6.4 billion rubles,…Details
In Q3 Evraz Sukhaya Balka decreased iron ore mining following the halt of its capacities. According to the company statement, in July-September lumpy ore mining dropped by 18.4% QoQ, to 639 thousand tons. In January-September the output decreased by 8% YoY, to 1.946 million tons. The company expects output volumes to increase in Q4. The…Details
In January-September Mechel-Service sold 1.4 million tons of metal, up by 7% YoY. In Q3 the company was able to sell some 500 thousand tons of metal. Shaped sections sales went up by 25%, pipes – by 27%, metal wares – by 20%, sheet – by 13% and strips – by 55%. “We continue keeping…Details
ArcelorMittal Temirtau plans to increase steel deliveries to Iran to 1.5 million tons. “The plan for 2016 is 1.145 million tons of hot- and cold-rolled coils, tin and sections. In 2017 we intend to increase deliveries to 1.56 million tons”, Vadim Besin, the company repairs director, noted. Iran is one of the main destinations for…Details
In Q3 Evraz Dneprovsky Iron and Steel Works drastically decreased steel smelting. According to the company statement, this had to do with using slab stocks for production. Carbon steel production in July-September dropped by 9.4% QoQ, to 264 thousand tons, while that of pig iron increased by 4.1%, to 286 thousand tons. Semi-finished product manufacture…Details
Girish Sardana has been appointed the new deputy provision director of ArcelorMittal Kriviy Rih. According to the company statement, he will be responsible for all raw material supplies, contract work management, Capex & Opex Projects, supplier choosing and expenses decrease. Sardana worked for Kelvinator, Shriram Projects, SMS DEMAG, etc. In 2002-2015 he occupied top offices…Details
Severstal-Metiz has appointed Alexander Ryabikov the executive director of the works.
Previously he worked as the steel-wire shop No. 2 director.
The previous executive director S. Kovryakov went to work for Sveza as the production director. (Ukrainian metal)
In Q3 Evraz produced 3.4 million tons of steel, up by 6.3%. Russian and Kazakhstan companies produced 2.79 million tons, up by 8.2%. According to the company statement, the increase was the result of the overhaul completion at Evraz ZSMK blast furnace No. 1. Semi-finished products output increased to 43% from 34.8% in Q2. Cocking…Details
According to Rosstat, in September Russia increased ferrous metals output by 0.3% YoY. Steel output dropped by 2.1%, that of pig iron – by 9.9% and of steel pipes – by 12.8%, all YoY. In January-September Russia produced 44.9 million tons of rolled metal, down by 1.5% YoY. Steel output dropped by 1.3%, to 51.9…Details
U.K.-based mining giant Evraz, which operates mainly in Russia, plans to raise coal output by 8% to 22.1 million tons and raise sales in Ukraine by 24% to 2.1 million tons in 2016. “Evraz significantly increased supplies to the Ukrainian market over the last three years, reaching a 16% market share in 2016. By using…Details
Belarus’ industrial output decreased by 1.7% YoY in January-September to 58.136 billion Belarusian rubles (Br), or $30.199 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 9.3% YoY in January-September to 8.351 billion rubles ($4.338 billion). The output of…Details
In November Ukrainian metal companies will produce 1.9 million tons of steel, 1.9 million tons of pig iron and 1.7 million tons of rolled metal, according to Ukrmetallurgprom forecasts. For October the company predicted steel output on the level of 2 million tons, pig iron – 2 million tons and rolled metal – 1.7 million…Details
For the past three years Ferrexpo has decreased its pellets supplies to China from 25% to 13%. “We started with 25% sales to China, but once we improved the quality of our pellets, we started selling more to the Western Europe and the North-Eastern Asia”, the investors and communications director Ingrid McMahon reported. According to…Details
Anglo Asian Mining PLC reported decrease in its gold, silver and copper mining. In Q3 it mined 16.497 thousand ounces of gold at its Gedabek mine (with the forecast of 18.500 thousand ounces) as opposed to 19.375 thousand ounces in Q2 and 18.200 in Q3 2015. This year the company plans to produce 69-71 thousand…Details
In January-September Yakutugol, a part of Mechel, mined 7.5 million tons of coal, up by 11% YoY. All the group companies have demonstrated increase in output. In particular, Neryugrinsky open-pit coal mine yielded 7 million tons of coal, up by 11% YoY. Kangalassky open-pit mine yielded 145 thousand tons of coal, up by 16%. Jebariki-Khaya…Details
In Q3 the Pipe Metallurgical Company (TMK) sold 822 thousand tons of steel seamless pipes, down by 7.7% QoQ, with 2.5 million tons sold in January-September, down by 12% YoY. Welded pipes saw the main sales drop – by 31.6% QoQ, to 208 thousand tons. Seamless pipes sales, on the other hand, went up by…Details
Novatek-Chelyabinsk has filed a claim to the Arbitrary Court of Chelyabinsk region to recover 430.2 million rubles of gas debts from Chelyabinsk Iron and Steel Works, a part of Mechel. This is not the first time that Mechel is sued for gas debts: on August 16, Novatek also claimed 431.9 million rubles of gas debts.…Details
In January-September Chukotka mined 22.45 tons of gold, down by 11.52% YoY, while silver output went up by 8.7% YoY, to 125.04 tons. According to the department of industrial policy, construction and housing of the Chukotka Autonomous District, mining companies yielded 20.42 tons of gold, down by 12.3% YoY, while gravel deposits mining dropped by…Details
Since 2010 the efficiency of the state-owned sea trade port Yuzhny increased two-fold thanks to the cargo of Ukrainian metal companies. “Our taxes have increased from 482 million UAH in 2010 to 960 million UAH in 2015”, the port director Alexander Lagosha explained. And the main reason for the payments increase was the stable loading…Details