CIS: pellets exports in January-November 2017

In January-November Ferrexpo exported 9.433 million tons of iron ore pellets. In particular, Poltava GOK exported 7.07 million tons and Yeristovo GOK – 2.362 million tons. In 11 months Metalloinvest exported 4.984 million tons of pellets (Mikhailovsky GOK – 2.916 million tons and Lebedinsky GOK – 2.068 million tons). Karelsky Okatysh exported 5.038 million tons…


Ukraine: DTEK state coal purchases up in January-November 2017

In January-November DTEK Energo increased purchases of coal from state mines of the Lviv-Volyn basin by 17.4% YoY, to 668 thousand tons.

According to DTEK press-service, in November purchases grew 3-fold YoY, to 73 thousand tons, but remained on October level. (Ukrainian metal)

Ukraine: Vesco and Druzhkivka Mine Administration to pay over UAH 1 billion in dividends

PJSC Vesco and PJSC Druzhkivka Mine Administration (Druzhkivka, Donetsk region) will pay UAH 795.6 million and UAH 204.8 million of dividends to shareholders in the period from December 22, 2017 to June 21, 2018. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, the shareholders made…


Russia: KraMZ puts new aluminum processing technique to good use

In December Krasnoyarsk Iron and Steel Works has implemented an innovative technique of aluminum processing Bonderite-2040, developed by Henkel.

So far, KraMZ is the first and only plant in Russia to use this technique.

The new technique is more environment-friendly: water consumption has decreased by 70% and the water purification has improved. (Ukrainian metal)

Russia: TMK CQMS corresponding to international standards

TMK has successfully passed the re-certification audit of the corporate quality management system for the compliance with ISO 9001:2015.

The audit has been carried out by Lloyd’s Register.

The corporative certificate for the correspondence of the TMK quality management system to ISO 9001:2015 has been granted for the next 3-year period. (Ukrainian metal)

Russia: steel continues growing in price

Russian steel manufacturers have started increasing prices for local customers because of the ongoing growth of export prices. Thus, NLMK has increased its January 2018 prices for hot- and cold-rolled metal by 10%, and Severstal – by 4%. Steel started getting expensive in December. In just one week (December 15-22) average local prices have grown…


Russia: PNTZ gets 10-year bank guarantee

Chelyabinsk Pipe Works has become a guarantor on the bank guarantee granted to Pervouralsk Pipe Works. The guarantee was granted by Bank Uralsib. The agreement was concluded on December 22. According to the document, the guarantor will be responsible to the bank together with the borrower. The volume of the guarantee is 1.58 billion rubles.…


Russia: Gaysky GOK gets 70 mining machines in 2017

In January-November Gaysky Mining and Processing Works received over 70 units of mining machinery of foreign make: Atlas Copco, Sandvik, Komatsu, BelAZ, Caterpillar, Normet, KGHM Zanam, etc. The company has also received 15 units of Russian machines, produced in particular, by Machine-Building Holding (Yekaterinburg), Khenkon (Krasnoyarsk), Miner (Smolensk region), Kamaz (Naberezhnye Chelny), etc. Most of…


Russia: Mordashov visits the Yakovlevsky mine

Alexey Mordashov, the Chairman of the Board of Directors of PAO “Severstal”, and the company’s management team visited production departments of the Yakovlevsky mine, and approved of next year’s business plan, while meeting employees of the plant. The chairman and managers visited the central control room where the production management is located, as well as…


Russia: Metalloinvest and OMK sum up cooperation results for 2017

Metalloinvest and the United Metallurgical Company (“OMK”) held a Coordination Committee meeting dedicated to their performance in 2017 and next year planning. The meeting held at JSC Ural Steel (part of Metalloinvest) was attended by Andrey Prosyanik, the domestic sales director of MC Metalloinvest, Evgeny Maslov, the managing director of JSC Ural Steel, Pavel Stepanov,…


Ukraine: EBRD provides syndicated loan to ArcelorMittal Kriviy Rih

The European Bank for Reconstruction and Development (EBRD) has signed an agreement on providing a $350 million syndicated loan to Ukraine’s largest steel mill, PubJSC ArcelorMittal Kriviy Rih. “The EBRD has signed the biggest project in Ukraine this year,” EBRD Senior Adviser Anton Usov wrote on Facebook. The loan is designed to support the mill’s…