Ukraine cannot do without the coal from the Russia-supported terrorist-occupied territories of Donbass. “As to the matter of trade with the occupied territories, well, trade is not a correct wording. There are things that are vital for our economy. For example, our power grid needs coal”, the Security Service of Ukraine chairman Vasily Hrytsak said.…Details
Corum Druzhkivka Machine Building Plant (Donetsk region) has started the implementation of the contract to manufacture 100 1KD90 support units of special design for the Heroiv Kosmosa mine of the country’s largest coal mining company DTEK Pavlogradugol. The press service of Corum Group, which includes Druzhkivka engineering plant, said it was planned to ship the…Details
The State Committee for Industry, Energy and Subsoil Use has canceled a tender for the gold deposit because of the fact that it is located in a natural reserve, the press service of the committee reported. A violation of the law was revealed in preparation for the auction. The field is located on the territory…Details
Russia has submitted a claim against E.U. antidumping duties on cold-rolled steel to the World Trade Organization (WTO), according to a statement of the Economic Development Ministry. “The Russian Federation sent a request on consultations with the E.U. on January 27, under a procedure of WTO disputes settlement in connection with an E.U. antidumping measure…Details
In 2017 Severstal plans to supply over 105 thousand tons of metal products to manufacturers of refrigerators, gas ovens, washing machines, industrial packaging, etc.
The deliveries will be carried out under the already signed quarter, half-year and year contracts with companies both from Russia and abroad. (Ukrainian metal)
Severstal-Metiz has put into operation a new drawing mill, thus completing the third stage of the equipment modernization. Investments in the new machinery amount to 600 million rubles so far. The new site, consisting of 12 units of equipment, was opened on January 30. As the result of the three stages of modernization the shop…Details
In 2016 Metalloinvest increased iron ore output by 3.1% YoY, to 40.7 million tons. In Q4 2016, the company increased iron ore production1 to 10.3 million tons, up by 4% QoQ. Annual pellet output reached 25.2 million tons, up by 5.9% YoY, mainly due to the launch of Pellet Plant #3 at MGOK. In Q4…Details
Kosogorsky Iron and Steel Works keeps increasing ferromanganese sales on the local market.
In 2016 the sales increased by 0.8 thousand tons YoY.
Deliveries to the local market and to the neighboring foreign countries reached 55.1 thousand tons, with 0.4 thousand tons exported. (Ukrainian metal)
In 2016 the four works of Petropavlovsk Plc in Amur region produced 416.3 thousand ounces of gold, down by 17.4% YoY. In particular, Pioneer works decreased output by 39%, to 141.9 thousands ounces. Pokrovsky mine yielded 37.8 thousand ounces of gold, down from 56 thousand ounces in 2015. Malomyr mine kept the gold output almost…Details
In 2016 Magnitogorsk Iron and Steel Works shipped 1135.5 thousand tons of galvanized rolled metal to its customers, which was record high for the company. The previous record – 1115.7 thousand tons – was reached in 2014. For the past 15 years MMK has been gradually increasing galvanized rolled metal output. The development of coated…Details
Kumtor company increased salaries of its workers by 10% from January 1, and it will be increased by another 5% from January 1, 2018, the chairman of the Mining and Metallurgical Union of Kyrgyzstan Eldar Tadzhibaev reported. According to him, the company’s management and personnel signed a collective agreement for the next two years during…Details
The revenues of Metinvest B.V. (the Netherlands), the parent company of Metinvest international vertically integrated steel and mining group, in November 2016 increased by 2.6% MoM, to $584 million. According to the company’s preliminary unaudited consolidated financial statements in accordance with IFRS, EBITDA in November 2016 amounted to $112 million, which was slightly below this…Details
In 2016 the Kamchatka Krai registered an increase in precious metals mining. “The precious metals mining is one of the most prosperous mining activities in the region. The active development of the industry allowed us to mine 373 kg of platinum, 6.329 tons of gold and 11.794 tons of silver in 2016”, the regional natural…Details
The Novolipetsk Iron and Steel Works has completed the reconstruction project of the dust-suppressing system in the open warehouse in the refractory shop.
This allowed decreasing dust emissions when unloading at the warehouse by 50%, and in the refractory manufacture by 5% on the whole.
Investments into the project totaled 61 million rubles. (Ukrainian metal)
In 2016 the Federal Cargo Company transported 15.6 million tons of ore, up by 30% YoY. The largest volumes were carried from KMAruda to Tulachermet, and then exported through Russian and Baltic ports. The increase in ore transportation was noted at the Krasnoyarsk (by 146% YoY), Sverdlovsk (by 117%), Zabaikalsk (by 107%), Northern (by 76%),…Details
The ArcelorMittal CIS CEO Paramjit Kahlon has presented new top-managers of ArcelorMittal Temirtau. In particular the team was joined by Ashok Sontalia, the financial director, Vadim Basin, the repairs director, Andrei Berg, the steel department director, Yevgeny Romashin, the coal department director, Maurilio Botelo, Orken LLC director, Anna Adom, HR director, Serik Bekembayev, legal director,…Details
In 2016 industrial output in Donbass (without the Anti-terrorist operation zone) increased by 6%, with December 2016 indexes up by 12.2% YoY and by 3.8% MoM. Mining and quarry industry increased output by 7.8% YoY, metal – by 8.7%, coke – by 15.3%. Coal mining in 2016 went up by 9.3% YoY, to 14.3 million…Details
The minister of energy and coal industry Igor Nasalik has created a working group to check the purchases of equipment by state mines. By January 31, the group will have checked products, services, operations as well as correspondence to the current legislation of purchases of mining equipment valued at 300 million UAH. Directors of coalmining…Details
The Tomsk Polytechnic University and the scientific-manufacturing enterprise Redkiye Metally Sibiri (Rare metals of Siberia) have completed the first stage of beryllium manufacture creation. The start of the first stage is Krasnokamensk (Zabaikalsky krai) using the technology developed in the university is scheduled for late 2018 – early 2019. At present only two countries mine…Details
Detectives of the National Anticorruption Bureau have detained the acting chairman of the board of the United Mining and Chemical Company suspected of damaging the enterprise to the amount of 300 million UAH. According to the State Registry, the UMCC acting chairman is Ruslan Zhurylo. UMCC started operating in August 2014, when the government transferred…Details
The exclusive size of Uraltrubprom shaped tubes enjoys stable demand. Recently the works has exported yet another batch of shaped tubes with the size of 400x400x20 mm in accordance with EN 10219 made of S355J2H coil steel. Uraltrubprom is the only producer of thick-walled square and rectangular large diameter pipes of coil steel in Russia…Details
Zaporozhye Nuclear Power Plant has ordered the Manufacturing enterprise Oscar the delivery of stainless pipes valued at 2.08 million UAH. ZNPP ordered two types of stainless pipes of 08X18H10T. Some of the pipes should be made according to GOST 9940-81, they will not be used in systems that affect the NPP operation. The rest will…Details
Volnogorsk Iron and Steel Works, a subsidiary of the United Mining and Chemical Company, in December 2016 ordered soft PP containers valued at 32.5 million UAH from Delis-Prof LLC. This year the company has to supply 168 thousand various containers and 2 thousand PP inserts. The price of most products exceeds those of last year…Details
In 2016 raw copper output in Russia increased by 0.7% YoY.
According to the Federal Service of State Statistics, copper rods and sections output went up by 18.8% YoY, plates, sheets, and strips – by 3.9%, while that of wire decreased by 11.8%, and of foil – by 8.3%. (Ukrainian metal)
In 2016 coal stocks in Ukraine decreased by 34.6% YoY, to 4.183 million tons.
According to the State Statistics Service, this does not take into account the temporarily occupied territories of Crimea and the Antiterrorist operation zone. (Ukrainian metal)
Rusal has announced the successful pricing of a debut Eurobond transaction with the following key parameters: size $600 million, maturity 5 years, coupon 5.125%. Proceeds of the issuance are planned to be used for refinancing the company’s current indebtedness. Vladislav Soloviev, Rusal’s CEO said: “We are delighted to win overwhelming support for our debut Eurobond…Details