In September Ukraine dropped to the 13th position in the World Steel Association rating of 67 countries. Ukrainian steel output totaled 1.845 million tons, down by 0.8% YoY. China is leading, as always, with 71.827 million tons, up by 5.3%. Italy now occupies Ukraine’s previous month position (11) with 2.174 million tons, up by 8.3%…Details
In September Russian Railroads transported 7.6 million tons of ferrous metals, up by 15.7% YoY.
Positive dynamics is seen in all directions, except for transit.
Since the start of the year ferrous metals railroad transportation has increased by 5.6% YoY. (Ukrainian metal)
On October 23 Vysochaishiy (GV Gold) commissioned the Ugakhan Mining and Processing Works according to the schedule. The Ugakhan gold deposits were discovered in 2010. The C1+C2 gold reserves are estimated at 49 tons (1.58 million ounces). The deposits will be developed till 2029. Investments in the project totaled $200 million. Each year the GOK…Details
Fitch has increased the Rusal long-term default rating from BB- to B+, with stable forecast.
The short-term rating has been confirmed on B level.
Rusal Bratsk long-term rating has been increased from BB- to B+ stable. (Ukrainian metal)
In 10 years Tulachermet will invest some 80 billion rubles in the creation of the steel manufacture. This will result in 3 thousand additional jobs. The investor is developing the Tulachermet-Steel-2 and Tulachermet-Steel-3 projects. The company intends to enter the list of top manufacturers of rolled metal for automobile, machine-building and construction companies of Central…Details
Centravis Production Ukraine’s capacities are 100% loaded. According to the company CEO and main shareholder Yuri Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the…Details
In January-September Evraz Sukhaya Balka produced 1.847 million tons of iron ore, down by 5.1% YoY.
In September output was 235 thousand tons.
In 2016 the enterprise produced 2.564 million tons of iron ore, down by 8.8% YoY.
The company capacity is 3.1 million tons of ore per year. (Ukrainian metal)
According to the Federal Customs Service, in January-August Russia imported 4.367 million tons of ferrous metals, up 1.58-fold YoY. Of this volume CIS metal accounted for 2.783 million tons, and far foreign countries – 1.584 million tons (up from 1.819 million and 0.949 million tons in January-August 2016 respectively). Ferrous metals imports without pig iron,…Details
In 2016 MidUral Group revenue increased by 13% YoY, to 8.3 billion rubles. Profit before taxation was 373.3 million rubles as opposed to losses in 2015. The net debt as of December 31, 2016 decreased by 20.2%. MidUral Group comprises Klyuchevsky Ferroalloys Works, Russkiy Chrome 1915, Klyuchevskaya Processing Factory (all in Russia), Dirox S.A. (Uruguay),…Details
Severstal has increased purchases of goods and services from Vologda region by 2 billion rubles YoY.
According to the company statement, in January-September Severstal bought 15.4 billion rubles worth of goods and services in the region, up by 14% YoY.
Severstal is cooperating with over 300 companies in Vologda region. (Ukrainian metal)
Production of Russian aluminum giant UC RUSAL rose by 1.1% QoQ, to 931,000 tons in July-September. In January–September, the company’s aluminum output rose by 0.3% YoY, to 2.763 million tons, it said. Aluminum sales fell by 3.4% QoQ, to 968,000 million tons in July-September, with the average price rising by 2.1%, to $2,124 per ton.…Details
The seventh bulker with 75,000 tons of anthracite for the needs of thermal power plants (TPPs) of the public joint-stock company DTEK Energy from the South Africa arrived in the Yuzhny seaport (Odessa region), the company’s press service has reported. The press service said that the unloading of Leda C bulker would start soon. Then…Details
The Energy and Coal Industry Ministry of Ukraine will reorganize and merge state-owned coal enterprises into the newly created state-owned enterprise National Coal Company, and all permits will be re-registered to this company by the end of this year. This is outlined in the action plan for 2017 to implement the concept for reforming and…Details
In 2017 MMK expects steel consumption in Russia to grow by 3.5% YoY, to 41 million tons. High-value added products consumption could grow by 1.8%, to 8.3 million tons, while imports will decrease by 1%, to 3.3 million tons. The drop in imports has to do with the imposition of duties at the request of…Details
The commissioning of the new ladle furnace will allow the ArcelorMittal Temirtau converter shop to reach a higher slab and square billet output. “When the third ladle furnace is commissioned, we will remove all the limitations and will be able to increase steel output to 5 million tons per year by 2020”, the company said.…Details
There are interruptions in the delivery of Kazakh coal to Kyrgyzstan, Kuban Myrzakanov, Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic reported. According to him, there is no official ban on the supply of coal to Kyrgyzstan. Bishkek Heating and Power Plant receives the fuel as usual.…Details
The state enterprise Vostochniy Mining and Processing Works ordered SIA Zodiak Plus (Latvia) the delivery of transport and lifting machines valued at 598 thousand euros, or 21.7 million UAH. By February 2018 the company will have supplied three PAUS PFL 20 machines (Germany) with the lifting capacity of 3.3 tons at 199 thousand euros, or…Details
In January-September Ukrainian ports handled some 6.3 million tons of coal, up by 65.7% YoY. The main coal-handling terminals are located in the port of Yuzhniy. They handled 4.29 million tons of coal, or 68% of the total volume. All the coal-handling ports demonstrated growth, except for Chernomorsk, which showed a sharp fall to 3…Details
In 2018 Polymetal intends to invest $15 million in the gold-mining project Kapan in Armenia, which corresponds to its 2017 level of investments. According to the company managing director Vitaly Nesis, Polymetal intends to mine 530 thousand tons of ore at Kapan this year and 650 thousand tons next year. The goal of the company…Details
The nickel deposits of Voronezh region are estimated at 10% of the whole Russian reserves. According to the professor of natural deposits and subsoil use of Voronezh state university Konstantin Savko, there are no other nickel deposits in Russia with such economically positive indexes. Other deposits are more expensive to operate. “For Voronezh region the…Details
For the first time in its history Rosterminalugol has shipped coal to Portugal.
The Panamax-type Sea Trubite received 77.5 thousand tons of power-generating coal. It took 36 hours to load the vessel.
Rosterminalugol is constantly increasing the geography of its sales. At present the company ships coal to over 20 countries. (Ukrainian metal)
In January-September Kamchatka yielded 310 kg of platinum, down by 9% YoY, or by 31 kg. The main miner is still Koryakgeoldobycha. The company is developing two platinum sites. In 9 months they have yielded 294 kg of platinum, down by 11% YoY. Geotekhnologia obtained 16 kg of platinum, up by 60% YoY. This year…Details
In January-September the only coal-mining company in Kamchatka – Palana-Ugol LLC – mined 18.3 thousand tons of coal, up by 34.6% YoY. According to the company CEO Sergey Spivak, the output directly depends on the need of the regional housing enterprises. “Each year we deliver some 20 thousand tons of coal to housing companies. This…Details
In Q3 Kimkano-Sutarsky Mining and Processing Works produced 469.9 thousand tons of iron ore concentrate, selling 453.6 thousand tons. In January-September output totaled 1.167 million tons, up 5.5-fold YoY. Sales in 9 months increased 4.8-fold, to 1.152 million tons. According to the company it is working at an 80% capacity. By late 2017 the capacity…Details