In January-March DTEK mined 8.36 million tons of coal, up by 15.7% YoY. Coal concentrate output in Q1 increased by 29.2% YoY, to 4.27 million tons. It should be noted that DTEK started buying coal for its thermal power plants in South African Republic and Poland to cover the shortages of coal deliveries from the…Details
The largest pig iron manufacturer of Russia – Tulachermet – has signed an 8-billion rubles loan agreement with Alfa-bank for 3 years. The money will be spent to refinance the company current debts. “Alfa-bank has offered good conditions, thanks to which we have been able to optimize the structure of our loan portfolio”, the Promyshlenno-metallurgichecskiy…Details
PJSC “MMC “Norilsk Nickel” has closed its $500-million Eurobond offering maturing in April 2022 with an annual coupon rate of 3.849%. The proceeds from the issue will be used for general corporate purposes and capital investments. Sergey Malyshev, the company’s Senior Vice-president and Chief Financial Officer, commented: “With this Eurobond placement we achieved our main…Details
DTEK Energo intends to increase investments into Pavlogradugol and Dobropolyeugol by 40% YoY, to 4.2 billion UAH. “In Pavlogradugol we will invest 3.2 billion UAH, up by 28% YoY, in Dobropolyeugol – 1 billion UAH, up 2-fold”, the company acting CEO Dmitry Sakharuk noted. “We have already put 10 out of 33 planned long faces…Details
In January-May Ukraine imported $1.036 billion worth of coal, up 2-fold YoY. According to the State Fiscal Service, the major suppliers were Russia (52%), USA (25.5%) and Canada (7%). In particular Russia supplied $538.9 million worth of coal, up from $363.8 million, USA – $264.5 million, up from $83.8 million, and Canada – $72.8 million.…Details
The auction to develop ore gold at Antrop-Upshinskoye deposits in Altai scheduled for June 8 has been declared not taken place, as no participants arrived. The forecast reserves of the deposits are 2 tons of gold. The license for a 25-year development of the site was put on sale at the initial price of 1.5…Details
In January-May Zaporozhogneupor produced 41.356 thousand tons of refractories, up by 2% YoY.
In May output increased by 8% YoY, to 8.912 thousand tons.
Zaporozhogneupor is the largest manufacturer of refractory products and materials in Ukraine. (Ukrainian metal)
In 2017 the mining company Lunen intends to extract 100 thousand tons of iron ore at the Berezovskoye Deposits in Zabaikalsky krai. In 2014-2016 the company mined 270 thousand tons of iron ore. The initial project on the deposits development presupposed the mining of 10 million tons of ore per year and the construction of…Details
Since the beginning of 2017 the Trading House MMK LLC has sold over 75 thousand tons of rolled metal in Kazakhstan, up 2-fold YoY. The company has long and successfully been operating on the Kazakhstan market, increasing sales. In May the company sold its record volume of metal – 20 thousand tons. Trading House MMK…Details
In May Dneprospetsstal produced 22348 tons of steel, up by 3% MoM. At the same time rolled metal output dropped by 1.9%, to 14338 tons. The total cost of products manufactured in May was 689339 thousand UAH, down by 1.5% MoM. In January-May DSS produced 105896 tons of steel and 70788 tons of rolled metal,…Details
Zagorsky Pipe Works has shipped a trial batch of corrosion-resistant pipes to RN-Vankor, a daughter company of Rosneft. The pipes will be used in the repair of pipelines. ZTZ shipped 720×17.5 pipes, made of 09GSF corrosion-resistant steel with insulation. “This is the second batch of pipes sent to RN-Vankor”, the company commercial director Dmitry Simankov…Details
Mariupol Ilyich Iron and Steel Works has produced a trial batch of hot-rolled coils according to API Specification 5L. The coils will be used in the manufacture of electric welded pipes, the company CEO Yuri Zinchenko reported. The coils were produced of B-grade steel, and their size is 4.7×1190 and 5.7×1190 mm. “The trial batch…Details
The Verkhovna Rada has prolonged the increased export duty on scrap metal in the amount of EUR 30 per ton for another two years. The parliament supported corresponding bill No. 6382 at a meeting on June 8. Some 260 deputies voted for the bill. While presenting the bill in parliament, chairman of the Verkhovna Rada…Details
In January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold.
In January-April the region yielded 3704 kg of gold.
This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)
In July the Russian steel market is bound to start improving. According to MMK Trading House LLC director Denis Lyadov, in late 2016 Russian metal makers started increasing steel prices following its prime cost growth. But in spring roads were closed and the delivery dropped. This year the company intends to sell over 1 million…Details
The Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY. Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%. In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase…Details
Nornickel is taking unprecedented measures to curb the impact of floods on the Doldykan River in Norilsk’s industrial area and is currently undertaking the unprecedented task of cleaning up the Doldykan River and the surrounding territory from sediments accumulated since the Soviet period. At the beginning of the flood season in 2016, Nornickel tightened its…Details
In January-May Ukraine exported 101.86 thousand tons of ferrous scrap, down by 50.7% YoY, valued at $21.586 million, down by 40.5%. According to the State Fiscal Service, scrap imports increased by 18.2%, to 11.954 thousand tons valued at $10.248 million, up 3.6-fold. The main suppliers of scrap were Turkey (84.25%), Moldova (7.9%) and Russia (4.18%),…Details
Following the results of the Prozorro sales, Selidovugol has chosen Dalsund LLC the supplier of 7 types of filter equipment valued at 61.71 million UAH. In particular by February 2018 the company will have supplied respirators R-30 and R-34 at 88.5 thousand UAH apiece. Respirators Puls-K and Puls-M were ordered at 230 UAH apiece. Self-rescuers…Details
On June 7 Lvivugol received 34.5 million UAH for the sale of coal.
All the money was spent to clear April salary debt to miners.
Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)
Avdiivka Coke and Chemical Works could be shut down because of the absence of service water. “The first pump station of the South-Donbass canal has been shut down as the result of the military activities, the personnel has been evacuated. The delivery of service water has stopped, this means a complete shut down for us.…Details
In January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…Details
Ukrzaliznytsia has held an auction on the purchase of tyres for rolling stock valued at 74.2 million UAH. According to the company statement, there were two winners – Interpipe and Huta Bankowa (Poland). Interpipe has received an order for 60 million UAH and Huta Bankowa – for 13.7 million UAH. Both companies will have to…Details
In January-April Russia exported $109.9 billion worth of goods, up by 30.5% YoY. According to the customs statistics, metal share was 10.1%, up from 9.7% In January-April 2016. Metal exports went up in money terms by 38.5% YoY, but dropped in volume – by 2.7%. Ferroalloy exports decreased by 4.1%, unalloyed steel and iron semi-finished…Details