Ukraine: Lugansk terrorists to mine gold

In 2018 the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, intends to start developing gold deposits. According to the head of the LPR Igor Plotnitsky, this will be an important step to improve the republic’s economy. “We’ll try mining our own gold. The enterprise will not be too profitable, but…


Russia: steel pipes market to grow in 2017

According to Sergey Alekseyev, the TMK marketing director, steel pipes consumption (except for large diameter pipes) will grow in Russia in 2017 by 8% YoY.

TMK retains its positions of the leading world manufacturer of pipes with 2798 thousand tons of pipes produced in January-September. (Ukrainian metal)

Ukraine: third batch of U.S. coal arrives

The third batch of 80,000 tons of coal from the United States was delivered by the MG Explorer vessel to the state-run Yuzhny (“Southern”) Sea Commercial Port in Odessa region for Ukraine’s major power generating company PJSC Centrenergo, according to the port’s press service. “There is 80,000 tons of coal on board the bulk carrier.…


Ukraine: Zaporozhogneupor output up in October 2017

In October Zaporozhogneupor increased output of molded, chamotte and magnesia rerfactories.

According to the company statement, it produced 9200.82 tons of molded and 371.14 tons of chamotte refractories.

In January-October Zaporozhogneupor produced 83197.42 tons of molded refractories, up by 103.65 YoY. (Ukrainian metal)

Russia: Klyuchevsky Ferroalloys Works resumes operation

Klyuchevsky Ferroalloys Works has resumed operation after a major overhaul.

The repair has been carried out in the kiln No. 1.

As the company was bound by international contracts it could not halt operation during the national holidays, so it decided to carry out repairs during the additional days off. (Ukrainian metal)

Russia: ChMZ profit up in January-September 2017

In January-September Chepets Mechanical Works received 1.73 billion rubles of net profit, up by 24% YoY.

Sales revenue reached 8.97 billion rubles, up by 2.5% YoY.

Since the start of the year the company has paid 1.52 billion rubles of taxes to the budgets of various levels. (Ukrainian metal)