Russia: Kurchenko’s company exporting metal produced on occupied territories of Ukraine

Gaz-Aliance Company LLC (Nizhny Novgorod), controlled by the fugitive Ukrainian entrepreneur Sergey Kurchenko, from the ex-president Victor Yanukovich gang, in July-August exported $70.6 million worth of pig iron and other metal products, produced by the metal companies, seized in February-March by the Russia-supported militants on the occupied areas of Lugansk and Donetsk regions. In late…

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Ukraine: metal prices up in August 2017

In August prices of industrial products increased by 0.4% MoM and by 23.6% YoY.

According to the State Statistics Service, iron ore prices increased by 6.6%, coal by 6%, in metal manufacture by 2.8%.

At the same time coke prices dropped by 1.5%. (Ukrainian metal)

Russia: coal exports up in January-August 2017

Russian coal exports in January-August increased by 7.8% YoY, to 122.456 million tons, the Ministry of Energy of Russia statistics showed.

In August, the commodity exports totaled 15,605,000 tons.

Coal mining in the eight-month period reached 264,301,000 tons, with 230,404,000 tons supplied. (PortNews/Ukrainian metal)

Kazakhstan to supply uranium to UAE

Kazatomprom National Atomic Company JSC and Emirates Nuclear Energy Corporation (ENEC, UAE) have inked a Memorandum of Understanding in Astana. The aim of the memorandum is to establish mutually beneficial cooperation between Kazakhstan and the United Arab Emirates in terms of peaceful atom and energy industry. In addition, the memorandum reflects the intentions to supply…

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Russia: railroad deliveries of rolled metal to construction companies down in August 2017

In August direct supplies of rolled steel to housing-construction and ferroconcrete structures manufacturing companies totaled 19.2 thousand tons, up by 2.9% MoM, but down by 15.2% YoY. According to the railroad statistics, in July the indexes were +5.2% and –30% respectively, and in June –37.2% and –3.4%. In January-August construction companies received 180 thousand tons…

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Russia: ChMK increases iron-containing sludge processing

Under the environment program Chelyabinsk Iron and Steel Works increases iron-containing sludge processing 2-fold. This will decrease industrial wastes. Manufacturing by-products contain up to 40% of iron and can replace iron ore concentrate that the company has to buy. Previously ChMK used only the current volumes of iron-ore wastes. They were scrupulously collected with the…

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Ukraine: Ferrexpo payments to budget up in H1 2017

In January-June Ferrexpo enterprises (Poltava, Yeristovo and Bilanovsky Mining and Processing Works) paid 535.7 million UAH of various taxes to local, regional and the state budgets, up by 29.4% YoY. In particular, PGOK paid 411 million UAH of taxes, EGOK – 122.1 million UAH, and BGOK – over 2.6 million UAH. Poltava GOK paid 78…

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Russia: steel sheet exports to Turkey up in July 2017

In July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY.

Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia.

In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)

Ukraine: new CEO appointed at Mariupol Ilyich Iron and Steel Works

Taras Shevchenko who earlier headed Alchevsk Iron and Steel Works has been appointed the new General Director of Metinvest’s Mariupol Ilyich Iron and Steel Works. In his new position Shevchenko will lead continued implementation of investment projects at Mariupol Ilyich, such as the reconstruction of the sinter plant and the revamp of the 1700 Hot…

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