Alchevsk Iron and Steel Works has been shut down because of the lack of iron ore raw materials and the railroad blockade. Yenakievo Works and Donetskstal are also on the brink of being shut down. The current average daily pig iron and steel output is 5% lower MoM. As of February 14, 20 out of…
DetailsUkraine consumes 24 million tons of coal, of which 9 million is anthracite group produced from the Ukrainian subsurface in the temporarily occupied territories, and which totals one third of the whole electricity in the country, Ukrainian Prime Minister Volodymyr Groysman stated. He said that public strict monitoring must be introduced, if cases of smuggling…
DetailsRussian billionaire Mikhail Prokhorov’s Onexim Group will sell 3.3% in aluminum giant UC RUSAL for $240 million, a banking source familiar with the deal reported. Onexim plans to sell 505 securities at 3.7 Hong Kong dollars, or 27.7375 rubles, per share. Dimosenco Holdings, an affiliate of Onexim group, started collecting bids for 2.5% in RUSAL…
DetailsRussian metallurgical company Ruspolymet plans to launch a 1.14 billion ruble plant to produce powdered high-speed steel billets for metal-cutting tools in the Sarov technological cluster in the Nizhny Novgorod region, the company’s board of directors chairman Viktor Klochai announced. The project will be implemented by Ruspolymet’s subsidiary Grankom under state industrial corporation Rosatom’s scientific…
DetailsThe Ukrainian Prime Minister Vladimir Groysman said that in 3-5 years the country would be able to cope without anthracite coal from the occupied territories of Donbass. “To carry out the modernization and replace this coal with, say, gas-generating group, which is mined on controlled territory, we will need some 3-5 years and around 15…
DetailsIn February Mariupol Ilyich Iron and Steel Works and Azovstal, both parts of Metinvest, decreased output by 10% because of the ATO zone railroad blockade. “Avdiivka Coke and Chemical Works receives electricity from Zuyevskaya TPP, situated on the uncontrolled territory, but registered in Ukraine. This power plant can only use coal mined in Pavlograd and…
DetailsSeverstal Stalniye Resheniya, a part of Severstal Russian Steel, has started producing metal structures for the construction of the covered skating rink with artificial ice in Alexandrov, Vladimir region. The total weight of the structures will exceed 350 tons. The covered skating rink will be a one-story building with the total square of 3240 square…
DetailsThe Ministry of energy and coal industry has developed 4 projects on replacing anthracite coal mined in Donbass and has already implemented 2 of them. According to the energy and coal industry minister Igor Nasalik, one project will decrease anthracite coal consumption by at least 1 million tons. “This project is connected with the Rovno…
DetailsIn 2016 Zaporizhstal consumed 160 million cubic meters of gas, down by 22% YoY, or by 44 million cubic meters. According to the company, such results have been reached due to the complex energy-saving program across the company. “The major measure was the project on coking gas supply from Zaporozhkoks to Zaporizhstal shops”, the company…
DetailsChepets Mechanical Works, a part of TVEL, has shipped the first batch of titanium to a European customer. The delivery was carried out under the 5-year contract, signed in December 2016 with a major foreign distributor. “According to the agreement the ChMZ specialists have worked out a product portfolio that is in demand on the…
DetailsCoal stocks at Ukrainian thermal power plants on February 6-12, decreased by 4.9%, or by 79 thousand tons, to 1.53 million tons. Gas-group coal stocks dropped by 8.4%, or by 63 thousand tons, to 688 thousand tons (with 121 thousand tons at Burshtyn TPP). Anthracite coal stocks decreased by 1.8%, or by 16 thousand tons,…
DetailsEnergomashspetsstal will produce 42 axles of horizontal rolls for ThyssenKrupp materials France S.A.S. The company press-service reports that the EMSS shops have already started working on the order. According to the agreement signed, EMSS will supply the axles weighing a total of 131.8 tons to France in April-May. In 2015 the company received 3.21 billion…
DetailsIn 2016 Russia imported 478 thousand tons of steel pipes, up by 17% YoY. According to the Federal Customs Service, far foreign countries supplied 190 thousand tons of pipes, down from 201 thousand tons in 2015. Steel pipes imports from CIS increased from 206 thousand tons to 288 thousand tons. On the whole metal imports…
DetailsIn 2016 Mechel produced 4.252 million tons of steel, down by 2% YoY. According to the company statement, pig iron output remained on 2015 level – 4.053 million tons, while coal mining dropped by 2%, to 22.683 million tons. In Q4 2016 Mechel increased coal output by 1% QoQ, to 5.6 million tons, that of…
DetailsThe minister of energy and coal industry Igor Nasalik believes, that in 2-2.5 years Ukraine could completely stop using anthracite coal in energy sphere. According to him, the decision to switch thermal power plants from anthracite to gas-group coal was taken by the ministry after the coal supplies from the uncontrolled territories were stopped in…
DetailsIt is necessary to introduce the state of emergency in the energy sector if anthracite coal supplies are not resumed in the near future, Ukrenergo Acting CEO Vsevolod Kovalchuk has stated this at a meeting of the anti-crisis energy staff. “There are 842 thousand tons of anthracite coal reserves in the storage facilities of all…
DetailsState Property Fund of Ukraine (SPFU) has confirmed the fulfillment of investment obligations by ArcelorMittal Duisburg Beteiligungsgesellschaft mbH (owner of 95.13% shares of ArcelorMittal Kriviy Rih) in 2016 according to Sale and Purchase Agreement. SPFU conducted the inspection at ArcelorMittal Kriviy Rih on February 7-10. This is the 18th inspection of SPFU conducted directly at…
DetailsDimosenco Holdings, an affiliate of Russian billionaire Mikhail Prokhorov’s Onexim group, has started collecting bids for 2.5% in aluminum giant UC RUSAL at a price of $200 million, a banking source reported. The offer is in the form of accelerated bookbuilding, which indicates that Onexim may increase it, the source said. VTB Capital acts as…
DetailsUkraine’s coal production is expected to increase by 60-80%, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has stated. “I look at the development of coal industry with optimism. We have set a task to increase coal production by almost 60-80%, and we will achieve this result by joint efforts,” Nasalyk said. According to him,…
DetailsThe program to purchase all the necessary things for Selidovugol new long faces will not be financed. This has been reported by the energy and coal industry minister Igor Nasalik, who has thanked the ministry working group for all the claims to the prices that have allowed to decrease the ministry expenses. He said that…
DetailsVIZ-Stal, a part of NLMK, has completed the first stage of transformer rolled metal thermal treatment machinery modernization. In particular, 8 new stands of bell furnaces have replaced outdated machinery, improving the reliability of the furnaces and decreasing expenses. Within the first stage of the modernization program 7% of all the stands at VIZ-Stal have…
DetailsIn 2016 Izhstal, a part of Mechel, increased deliveries to Belarusian MAZ by 71% YoY. Supplies to Spetsagro increased by 96%. Shipments to other major Belarusian companies also increased. In 2016 exports totaled 7.5% of Izhstal output. The company exported to 21 countries. Major importers were Belarus, Belgium, Kazakhstan, USA, Germany and France. Alloyed steel…
DetailsIn 2016 Kyshtym Electrolytic Copper Plant, a part of Russian Copper Company, produced 122180.612 tons of copper cathodes, the record high result in the history of the company. The increase has been achieved thanks to the Karabashmed copper deliveries growth. The plant also produced 93729.629 tons of copper wire rods, or 21% of all the…
DetailsIn 2017 coal companies of Russia plan to export 175 million tons of coal, up by 10 million tons YoY.
In 2016 Russia mined 385 million tons of coal, with Kuzbass region yielding 227.4 million tons. 165 million tons were exported. (Ukrainian metal)
The Russian aide on image to the head of the so-called Donetsk People’s Republic Alexander Kazakov said that Ukraine should pay for the coal received from the occupied territories of Donbass to the terrorist republics “budgets”. He said this following the comments of the Ukrainian Prime Minister Vladimir Groysman that Ukrainian power and metal industries…
DetailsDneprovsky Iron and Steel Works has asked the President of Ukraine Petr Poroshenko to help break the railroad blockade near the Svetlanovo-Shpilovo stations route in Lugansk region. According to the company letter, DMZ, Alchevsk Iron and Steel Works, as well as Alchevsk Coke and Chemical Works pay taxes to the state budget. Last year they…
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