Ukraine: Lvivugol receives 14 million UAH for coal sold

On August 7 Lvivugol received 14 million UAH for the coal it sold.

According to the department of the fuel-energy complex of the Lviv regional state administration, all the money was spent to pay salary to the miners. (Ukrainian metal)

Russia: RZhD to buy VMZ railroad wheels

Vyksa Iron and Steel Works has become a winner in the Russian Railroads competition.

VMZ won in the nomination “Components for the rolling stock and the infrastructure” with railroad wheels made of T-grade steel. The wheels have been developed by VMZ within the cooperation program with the Russian Railroads on quality improvement. (Ukrainian metal)

Ukraine: HBI purchases down in January-July 2017

In January-July Ukrainian metal companies decreased hot-briquetted iron imports by 96.7% YoY, to 1.47 thousand tons. According to the customs statistics of the State Fiscal Service, in monetary terms imports decreased by 94.8%, to $389 thousand. All the metal arrived from Russia. Ukraine neither exports nor re-exports HBI. The largest HBI manufacturer in CIS is…


Russia: Altai-Koks output up in H1 2017

In January-June Altai-Koks produced 2.04 million tons of coke, up by 5% YoY.

The company capacities were 98% loaded.

Altai-Koks sold some 82% of coke domestically, including 76% within the NLMK Group. The rest was exported to Uzbekistan, Kazakhstan, German, Belgium and Finland. (Ukrainian metal)

Russia: coal exports up in January-July 2017

Russian coal exports in January-July increased by 9.5% YoY, to 106.3 million tons, the Ministry of Energy of Russia statistics showed.

In July the commodity exports totaled 15,855,000 tons.

Coal mining in the seven-month period reached 231,389,000 tons, with 201,519,000 tons shipped. (Portnews/Ukrainian metal)

Russia: RMC to raise $100 million for cryptocurrency mining

Russian Mining Company created by Internet ombudsman Dmitry Marinichev and microelectronics producer Mikron’s President Boris Zyryanov plans to raise $100 million to invest in development of a processor for cryptocurrency miners, Marinichev said. Another founder of Russian Mining Company, founder of electronics retailer Sunrise Sergei Bobylev, said that the processor would make production of cryptocurrencies…


Ukraine: Avdiivka Coke modernizing railroad station

Avdiivka Coke and Chemical Works is modernizing the railroad station.

Investments into the project total 24 million UAH.

At present the power lines are being assembled for the Uglekoksovaya-1 railroad station equipment. (Ukrainian metal)

Russia: VSMPO-Avisma and Rolls-Royce sign agreements on supply of titanium products

VSMPO-Avisma Corporation has signed several long-term agreements with Rolls-Royce for the period up to 2026. Terms and conditions of all agreements differ from each other. According to the terms of new agreements VSMPO-Avisma shall deliver rings, blisks and fan disks to Rolls-Royce for new jet engines. The expected revenue from the agreements will potentially exceed…