Ukraine: SevGOK to buy 16 BelAZs

This year Severniy Mining and Processing Works intends to buy 16 BelAZ trucks.

3 of them have already been commissioned.

In one shift each dump truck will be able to transport around 800 cubic meters of rock.

Until the end of the year the works will be operating 91 dump trucks. (Ukrainian metal)

Ukraine: Ferrexpo pellets output down in Q1 2019

In January-March Ferrexpo produced 2.538 million tons of pellets, down by 1.8% YoY.

The decrease is due to the drop of 62% iron content pellets output – to 107.5 thousand tons from 149.9 thousand tons.

At the same time the manufacture of 65% iron content pellets fell by 0.2%, to 2.431 million tons. (Ukrainian metal)

Russia: NLMK Group consolidates digital transformation and IT practices

NLMK Group has appointed Dmitry Kholkin to the newly created position of NLMK Group’s Vice President for Digital Transformation and IT. Previously, he served as Vice President for Digital Transformation. The new function is formed by merging digital transformation and IT practices. Elena Demyanova, NLMK Group’s former Vice President for the Development of Information Systems,…

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Ukraine: EMSS supplies over 500 tons of products in March 2019

In March Energomashspetsstal supplied domestic customers with a wide range of products.

In particular, the company delivered a total of over 500 tons of products to 12 enterprises.

At present EMSS is producing supporting and working rolls for Azovstal, Zaporizhstal and Mariupol Ilyich Iron and Steel Works. (Ukrainian metal)

Russia: Severstal narrows guidance for 10-15-billion ruble bonds

Russian steelmaker Severstal has narrowed the coupon guidance for its 10-15-billion ruble bonds to 8.65-8.75% annually, which corresponded to an 8.84-8.94% annual yield to a 5-year buyback offer, a banking source reported. The initial guidance was set at 8.65-8.85% annually. The issue carries semiannual bonds. Technical placement is preliminarily scheduled for April 9. VTB Capital,…

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Russia: Raspadskaya-Koksovaya to increase coking coal output

Raspadskaya-Koksovaya mine has changed the method of coal extraction.

The switch will allow increasing coal output 2.5-fold.

The first long face to operate with the new mining method has been prepared. Its length is 225 meters and coal reserves are 886 thousand tons.

Monthly output is expected at 150 thousand tons. (Ukrainian metal)

Russia: Denisovskaya factory sets coal processing record

Denisovskaya factory set an absolute record of coal processing on March 27.

The factory processed almost 22 thousand tons of coal.

The day before, on March 26, another record was set at the factory – Denisovskaya mine extracted 4500 tons of coal. (Ukrainian metal)

Russia: NLMK DanSteel expands niche plate line

NLMK Group, a global steel company, has begun hot testing of its accelerated cooling system at NLMK DanSteel’s hot-rolling plate mill in Denmark. The new equipment will fundamentally change the company’s product mix and increase the share of niche plate, including for offshore wind power generation and pressure vessels. The new accelerated cooling system is…

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Russia: 3.5% in Polyus placed on secondary market

A company belonging to Said Kerimov is placing about 4.67 million shares, or a 3.5% stake in Russian gold producer Polyus, on the secondary market.

The offering is proceeding with an accelerated book building.

VTB Capital, Gazprombank, Goldman Sachs, J.P. Morgan and Sberbank CIB act as the organizers. (Prime/Ukrainian metal)