Evraz intends to increase coking coal output this year by 8.3% YoY, to 22.1 million tons. Concentrate output is expected to grow from 13.6 million tons in 2015 to 14.2 million tons. And with strong demand Evraz plans to increase output even to 16-16.5 million tons. The group has already increased coal production in January-September…
DetailsAs of October 1, salary debt to the miners on the temporarily occupied territories stood at 661.1 million UAH. According to the Ministry of energy and coal industry, the debt to state-controlled miners reached 289.3 million UAH. Because of the Russia-supported military conflict in the East, Ukraine is experiencing a significant shortage of coal, in…
DetailsUkraine plans to get loans worth 500 million UAH to develop 8 state mines. “We have determined the 8 mines, in which we will invest. We have also found some loans on 500 million UAH, which will be invested so that coalmining doesn’t go down. For example, these are Yuzhnodonbasskaya No. 1, Yuzhnodonbasskaya No. 3…
DetailsThe minister of energy and coal industry Igor Nasalik said that the Rotterdam+ formula was not working in Ukraine. “At present coal on the Rotterdam exchange costs around $74 per ton. If we add transport, unloading and the rest, it would be 2.3-2.4 thousand UAH per ton, and not 1.39 thousand UAH, according to the…
DetailsAccording to OMK experts, in 2016 Russia will decrease pipe consumption to 9.5 million tons. The main decrease will hit large diameter pipes (by 36.3% YoY, to 2099 thousand tons). Despite the unfavorable situation OMK will retain its share of 18%, with sales volumes at 1.7 million tons. In 2017 the market stagnation is expected…
DetailsIn January-September Cherepovets Iron and Steel Works produced 3223.5 million kWt-h of electricity, having hit a record and up by 4.8% YoY. “The increase in electricity generation allowed the company to raise the share of its own electricity in the total consumption to 76.4%, up by 5.1% YoY. This allowed us to save some 159…
DetailsIn September Evraz-ZSMK received 148.4 thousand tons of ferrous scrap via railroad, down by 7.7% MoM, but up by 10% YoY. In August the figures stood at +25% and +31.7% respectively, with –24.4% and +45% in July. In January-September scrap deliveries reached 926.4 thousand tons, down by 6.9% YoY. This is the lowest result in…
DetailsIn January-September Donetsk Iron and Steel Works produced 635 thousand tons of steel, up by 49.1% YoY. In September pig iron output totaled 97 thousand tons, down from 105 thousand tons in August. Because the open-hearth manufacture was shut down in April 2012, the works is not producing steel. In January-September 2015 DMZ was mostly…
DetailsIn January-September Mariupol Ilyich Iron and Steel Works produced 1.88 million tons of rolled metal, up by 6.1% YoY. According to the company statement, steel output totaled 2.11 million tons, up by 2.8%, that of pig iron – 2.86 million, up by 6.6%, of pipes – 66 thousand tons, up by 52.1%, while that of…
DetailsThe Ministry of economic development and trade suggests canceling contract registration cards while exporting scrap. The corresponding decree was prepared by the ministry and presented on October 19. The goal of the decree is the deregulation of the scrap market and simplification of the regulatory base. At present there are 616 companies in Ukraine dealing…
DetailsIn January-September Russia increased palladium output by 3.7% YoY. According to Rosstat, platinum output went up by 4.1% YoY. Gold ore mining increased b 2.1%. In September Russia increased platinum output by 4.5% YoY and by 16.5% MoM. Palladium output dropped by 17.8% YoY and by 11.9% MoM. Gold ore mining increased by 2.9% YoY,…
DetailsSince Polymetal Int bought Kapan mining and processing factory in April, it mined 181 thousand tons of ore. According to the company statement, in Q3 it mined 112 thousand tons. Average metal content in ore from May till September totaled 2.3 thousand ounces of gold, 46 million ounces of silver, 0.3% of copper, and 1.6%…
DetailsEach year Metinvest companies pay over 300 million UAH of environment tax to the budgets of all levels. Such a tax could become a resource for ecological improvement. And the local companies should receive the most of these payments and have the right to spend them on modernization. “And what if the local authorities decide…
DetailsDmitry Firtas’ Titanoviye Investicii Company has been affected by sanctions imposed by Ukraine on Russian companies and individuals. The company was registered in June 2014 in Moscow. After the Crimea was annexed by Russia Firtas had to adapt to Russian legislation to avoid the loss of Crimean assets, so the businessman decided to move some…
DetailsUral scientists have developed an innovative reagent that increases lead and zinc extraction during ore processing. It has already been tested at the deposits in Altai region, according to the UGMK scientific company Uralmekhanobr. Zinc and lead extraction using this reagent is increased by 3-7%. “We have been working on the techniques of using this…
DetailsUkraine has imposed sanctions on Rusal and its offshore company Judson Trading Limited (Cyprus), according to the Presidential decree. The sanctions have been imposed following the companies’ activities, which pose a threat to the national security and prevent the stable economical development. In particular, Rusal has been accused of blocking assets, limiting trade operations in…
DetailsZaporozhye Aluminum Works is still idle after a short period of work from August 31, till September 19. But it can resume manufacture of rolled wire in November if it is able to buy aluminum. According to a company representative, ZALK is negotiating purchases from China. “Chinese aluminum in Odessa ports could cost $200 per…
DetailsVorgashorskaya mine of Vorkutaugol has put a new long face into operation.
The mine plans to extract 2.4 million tons of coal there, at 9.7 thousand tons per day, or 280 thousand tons per month. (Ukrainian metal)
In January-September Kuzbassrazrezugol mined 33.3 million tons of coal (including over 4.6 million tons of coking coal), up by 0.5 million tons YoY. Consumers received 29.4 million tons of coal, with exports on the level of 21.6 million tons. Local market received 7.8 million tons. Kuzbassrazrezugol processing factories have processed 29.2 million tons of coal,…
DetailsAccording to the Psychea scientific center director Gennady Ryabtsev, Ukraine might face the necessity to buy coal from the Russia-supported terrorist organizations of the so-called Donetsk and Lugansk People’s Republics, if it fails to create sufficient stocks. “Here everything is simple. If all has been though over and the stock have been formed, than there…
DetailsAvdiivka Coke and Chemical Works is putting into operation a new thermocatalytic afterburning machine that will decrease pollution from the tar-distilling shop. Despite the difficult situation in the area and the constant lack of electricity Metinvest goes on with its program of the works modernization. In particular, the new machine is one of the most…
DetailsOMK has started realizing the project of localization of imported ball valves for the gas industry with 1400 mm diameter. On the basis of its subsidiary Trubodetal OMK has created the Ural Works of Special Valve Industry. The engineering and design works and the selection of the constructor of the new shop are underway. OMK…
DetailsGazprom has cancelled a tender to buy $194 million worth of large diameter pipes. The tender presupposed 7 lots to be supplied in Q4 2016 – Q1 2017. The pipes were intended for Gazprom Komplektatsia. The tender was to be held on October 19. In mid-August Gazprom held an auction on LDP purchase for the…
DetailsZaporizhstal has represented Ukraine at the European Parliament of Enterprises (Brussels). Representatives of major German, French, Italian, Polish and other companies also participated in the event. Zaporizhstal’s representative was the sales director Vladimir Kolomiets. “Ukrainian economy needs a strong business. And business in its turn needs a strong and consistent governmental policy. In any successful…
DetailsBeginning 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…
DetailsIn 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…
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