The State Fiscal Service has presented the list of the largest taxpayers in 2016. In two fields – metal and finances – the leaders hail from Dniepropetrovsk region. In metal industry the largest taxpayer was ArcelorMittal Kriviy Rih with 2389.4 million UAH, in banking – PrivatBank with 4094 million UAH of taxes. The 100 largest…Details
In January-March Kazakhstan mined 5.3 thousand tons of uranium. “This is down by 13% YoY, and is 24% of the annual target”, the energy minister Kanat Bozumbayev declared. In January Kazatomprom announced the decrease in 2017 uranium output by 10%. “The decrease will exceed 2 thousand tons of uranium of the planned target for 2017.…Details
In January-March Krasnoyarskkraiugol mined over 2 million tons of coal, up by 20% from the target and by 287 thousand tons YoY. Pereyaslovsky and Sayano-Partizansky open-pits showed the highest growth, with the latter increasing output 1.5-fold in 2 years. In 2016 it mined 700 thousand tons of coal. At present the open-pit is preparing the…Details
Severstal Balakovo, a part of Severstal Russian Steel, has started producing hot-rolled wire (wire rod) with 6.5 mm diameter. The quality has been confirmed by the laboratory tests and corresponds to GOST 2590 and TU 14-1-5283-94. The shop can produce some 65 tons of wire rods per hour. The wire rods are used in the…Details
In January-March MMK produced 3.066 million tons of steel, up by 1.4% YoY. According to the company statement, the total loading of capacities at the main site in Magnitogorsk exceeded 94%. Product sales dropped by 2.3% YoY, to 2.723 million tons. High added value products manufacture increased by 5.1%, to 1.313 million tons. The share…Details
Since the beginning of 2017 the Raspadskaya miners have yielded 1 million tons of coal, up by 19% YoY. “Since the end of 2016 the miners have been keeping pace of work. To effectively mine coal this year the company carries out a massive modernization of mining equipment”, the Raspadskaya Coal Company CEO Sergey Stepanov…Details
The head of the Russian Federal Agency on state reserves Dmitry Gogin confirmed that Russia was supporting Donbass enterprises. Earlier the head of the Russian commission “on humanitarian aid” to the territories of the south-eastern districts of Donetsk and Lugansk regions of Ukraine Sergey Nazarov declared, that “companies, affected by the economical and transport blockade,…Details
Kachkanarsky Mining and Processing Works, a part of Evraz, has shipped a batch of pellets to Slovakia. According to the company statement, the customer is the largest iron and steel works of the country – U. S. Steel Kosice. The batch weighs 10 thousand tons. “The pellets fully correspond to the customer requirements as to…Details
In January-March Interpipe Steel produced 181 thousand tons of steel, up by 23.1% YoY.
According to the company statement, in March the works produced 65 thousand tons of steel against 55 thousand in February.
In 2016 Interpipe Steel increased steel output by 2% YoY, to 614 thousand tons. (Ukrainian metal)
Coal imports from Russia in Q1 reached 221 thousand tons from the total volume of 413 thousand tons. According to the Ministry of energy and coal industry, from the South African Republic Ukrainian thermal power plants received 72.9 thousand tons of coal, and from Poland – 118.9 thousand tons. Coal stocks increased by 5.2% MoM…Details
In January-March Irkutsk region mined 2220 kg of ore gold, down by 17% YoY, or by 444 kg. At present gold is mined by Druza, Pervenets, a part of Polyus, and Vysochaishiy. In particular, Druza mined 150.3 kg of gold, down by 5% YoY, Pervenets – 1267.9 kg, down by 1.6% YoY, and Vysochaishiy –…Details
According to the Federal Service of State Statistics, in January-March Russia produced 898 thousand tons of metal structures, up by 15.5% YoY.
In March metal structures output increased by 11% MoM and by 6.7% YoY. (Ukrainian metal)
In 2017 Krasnoyarsk Krai intends to produce 57.7 tons of gold, down by 8.1% YoY. According to the regional ministry of industry, energy and trade, nickel output would grow by 7.3% YoY, to 180 thousand tons. Last year the region yielded 62.8 tons of gold, up by 21.5% YoY, and 167.7 thousand tons of nickel.…Details
According to the Federal Service of State Statistics, in January-March Russia produced 14.6 million tons of rolled metal, up by 2.5% YoY.
Pig iron manufacture dropped by 1.1%, to 13 million tons, while that of pipes increased by 10%, to 1.5 million tons. (Ukrainian metal)
Chelyabinsk Iron and Steel Works, a part of Mechel, has completed the repair of its sintering machine. In 7 days the company specialists have repaired all the equipment of the machine. Thanks to the replacement of filters the pollution from the machine decreased. The ChMK sintering factory operates 4 sintering machines with the total capacity…Details
In January-March Altai-Koks, a part of NLMK, produced 1.03 million tons of coke, up by 16% YoY. The company capacities were 95% loaded.
On Russian market Altai-Koks sold 88% of its coke, with 80% – inside the NLMK group. The rest was exported to Kazakhstan, Uzbekistan, Germany, Belgium and Finland. (Ukrainian metal)
Dneprovsky Iron and Steel Works, a part of Industrial Union of Donbass, is expecting the return of VAT at the volume of 1.2 billion UAH by April 28, which will allow putting the company back into operation by May. “On April 13, our economists checked the VAT reimbursement volumes with the regional department of the…Details
In 2016 Yeristovo Mining and Processing Works, a part of Ferrexpo, increased taxes payments by 16% YoY, to 176.7 million UAH. In particular, the state budget received 93.7 million UAH, regional – 43.7 million UAH, local – 39.3 million UAH, or 53%, 25% and 22% respectively. The budget of Gorishniye Plavni received 29.1 million UAH,…Details
Mechel reports that the Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk Iron and Steel Works (ChMK) to implement a project for production of rails, beams and other structural rolls meant for export. The project’s cost totals 1.52 billion rubles, including 300 million rubles to be…Details
Ormet, a part of Russian Copper Company, continues the construction of an underground mine at the Dzhusinskoye deposit, Chelyabinsk region. Currently, the surface objects of the mine are being assembled, ore is mined at the prepared site as part of a pilot project for approbation of development systems, which should guarantee the safety of mining…Details
Severstal has announced its operational results for Q1 2017. According to its press release, hot metal output remained largely unchanged, decreasing only by 1%, to 2.34 million tons (Q4 2016 – 2.36 million tons) compared with the previous quarter. Crude steel production declined by 2%m, to 2.86 million tons (2.92 million tons). Crude steel output…Details
The first eco-loan, given by the Ministry of ecology and natural resources for the new cleaning machinery, has been granted to Zaporizhstal. “There are first loans in Zaporozhye, we’re also working on 20 more loans. Entrepreneurs say they cannot put a new filter into operation, as they don’t have funds. And we offer loans, so…Details
In Q1 NLMK Group sales grew by 1% QoQ, to 3.7 million tons. Steel output totaled 4.2 million tons (flat QoQ), with facilities running at 96% capacity. Finished product sales increased by 7%, to 2.44 million tons, down by 5% YoY, driven by the growth in flat product sales from the Lipetsk site to export…Details
In January-March Uralskaya Kuznitsa, a part of Mechel, manufactured 25 thousand tons of products, up by 40% YoY, a record for the past 10 years “The considerable increase in the first quarter, when a decline is traditionally observed, has been achieved thanks to the growth of orders from railroad car-building companies”, the company managing director…Details