Russia: Voestalpine supplies 130 thousand tons of strips for Nord Stream-2

In January-June, according to the customs statistics, Russia imported 130.4 thousand tons of strips from Austria. In June imports totaled 13 thousand tons, in May – 30.7 thousand tons, the largest volume since October 2016, when Russia started importing strips from Austria. The main customer is Vyksa Iron and Steel Works, which supplies large diameter…

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Ukraine: Russia remains the main coal supplier

In January-June, according to the State Statistics Service, Ukraine imported 826.753 thousand tons of coal valued at $77.11 million. In particular, Russia supplied 90.8% of the total volume (750.861 thousand tons valued at $70.8 million). Imports from the South African Republic totaled 75.886 thousand tons valued at $6.299 million. At the same time Ukraine exported…

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Russia: UralKuz confirms right to sell to aircraft manufacturers

Uralskaya Kuznitsa has confirmed the correspondence of its certificate to produce materials to be used in aviation industry. The inspection has been carried out by the Aviaregistry of the Interstate aviation committee (AR MAK) and the State regional center of standartization, metrology and certification. The inspectors have checked the quality management system, manufacturing processes and…

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Russia: LDP demand falling

TMK and ChTPZ, accounting for some 45% of Russian large diameter pipes manufacture, decreased local sales because of Gazprom lowering its purchases. In H1 TMK increased earnings by 11% YoY, to $1.54 billion, yet the seamless pipes increase was chiefly countered by the considerable drop in revenue from the sales of welded pipes. In particular,…

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Ukraine: evidence of removing coal from uncontrolled areas reason for filing claims to international courts

Deputy Minister for Temporary Occupied Territories and Internally Displaced Persons Heorhiy Tuka has said that if there is evidence of shipping coal from the Ukrainian temporarily uncontrolled areas in Donetsk and Luhansk regions to Russia, this could be a reason for filing lawsuits to international courts. “These events are not in line with international requirements.…

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Russia: ChMK modernizes CCM

Chelyabinsk Iron and Steel Works has finished modernizing the 6-lane continuous casting machine in its oxygen-steelmaking shop. The modernization will improve the efficiency of the continuous cast billet machine No. 4. The reconstruction implied the previous experience from the repairs of another machine, done in July. The oxygen-steelmaking shop operates 4 continuous casting machines with…

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Kazakhstan: KAZ Minerals profits up in H1 2017

In January-June KAZ Minerals EBITDA totaled $240 million, up from $91 million in H1 2016.

The company profits in the period increased from $302 million to $721 million.

In 2016 KAZ Minerals increased its gross profit by 43% YoY, to $969 million. (Ukrainian metal)