The court-appointed manager of Rostov Coal Company (a part of Zaporizhstal) has put on sale its asset complex at the initial price of 370.893 million rubles. All the assets of the debtor are included in one lot. The auction is scheduled for June 30. Rostov Coal Company was created to construct and operate the 6.9-billion…Details
The public joint stock company Ukrzaliznytsia has announced an auction to sell 84.5 thousand tons of ferrous scrap with the initial price of 417.91 million UAH. The company will sell 38 thousand tons of steel scrap (GOST 4121-2002 type 510, rails and rail scrap) at 5030 UAH per ton, 24 thousand tons of GOST 4121-2002…Details
The Ministry of trade and industry of Egypt has imposed antidumping duties on rebars imports from Ukraine, Turkey and China. Duties on Ukrainian rebars reach 15-27% of the customs cost, on Turkish – 10-15%, and on Chinese – 17%. The duties have been imposed for 4 months. The ministry started an antidumping investigation in December…Details
On May 24 the coking battery of Avdiivka Coke and Chemical Works produced the first coke. “For the first time in three years of military activity the works has reached its full capacity”, the company said in its statement. Avdiivka Coke was cut from grid as the result of intensive shelling in August 2014 and…Details
Metinvest Group won the Corporate Social Responsibility award at Platts Global Metals Awards 2017. This victory is a proof of the company’s commitment to principles of corporate social responsibility and world’s best business practices in HSE, and employee, business partner and community relations. Among the winners of the Corporate Social Responsibility award are also Thyssenkrupp…Details
The Cabinet of Ministers of Ukraine at a meeting on May 24 approved the concept of coal industry reforming and development for the period until 2020. “The purpose of our concept is to increase coal production with a simultaneous complete transfer of mines to non-subsidization and self-sufficiency, solving environmental and social problems,” Energy and Coal…Details
NLMK Group, an international steel company with facilities in Russia, the EU, and the USA, has began hot-testing the second stage of its thickening unit at Stoilensky’s tailings facility. The project will enable the company to switch to a more efficient and environmentally friendly method of handling, transporting, and storing waste ore (tails) after beneficiation.…Details
PJSC ArcelorMittal Kriviy Rih became the title sponsor for the Odessa Half Marathon 2017, an international running half marathon, which will take place on June 25 in Odessa. This running event, which unites about 2500 fans of running, is being organized by the company Run Ukraine for the second year in a row. Dmitriy Chernitskiy,…Details
The Vice Prime Minister Vladimir Semashko noted the importance of supporting Belarus Iron and Steel Works. “In 2015 Belarus Iron and Steel Works (BMZ trademark) launched a small-section rolling mill which helped satisfy 60% of the industry’s demand. This is a totally competitive company that is about to enter the international market. But we should…Details
Prosecutor General of Ukraine Yuriy Lutsenko has said the Rotterdam+ scheme is dangerous and has called on Verkhovna Rada deputies to enact a law regulating payments for coal imports. “As for the coal issue: if previously funds were pilfered via special schemes involving budget payments to mines, today there exists an even more dangerous scheme…Details
From June 1 Severstal will implement the sole management of Karelsky Okatysh and Olkon to increase efficiency of ore mining and quality issues in ore segment. The company will create a separate division in Olenegorsk reporting to Severstal Management subsidiary in Kostomuksha. Maxim Vorobyev, who headed Karelsky Okatysh, will become CEO of Karelsky Okatysh and…Details
In January-April Vostsibugol mined 3.773 million tons of coal in Irkutsk region. The company operates at three open-pit mines: Cheremkhovugol, Tulunugol and Zheronsky. Tulunugol yields the most coal – 2.352 million tons were mined in 4 months. Cheremkhovugol mined 1.197 million tons of coal and Zheronsky – 223 thousand tons. This year the enterprise plans…Details
The director of Metiz subsidiary, the general manager of Severstal-Metiz (Russia) Sergey Kovryakov has been elected the chairman of the supervisory board of Dneprometiz. According to the company statement, Lilia Dubovichenko, the deputy chief accountant of Dneprometiz, has been elected the chairwoman of the revision committee. The shareholders have also revoked the supervisory board of…Details
While the Dneprovsky Iron and Steel Works is idle, it carries our repairs. In particular, burners in the converter shop have been switched from consuming the expensive natural gas to coke-oven gas. “This is especially vital because of the natural gas saving and the complete halt of gas deliveries to the works since April 21”,…Details
Andrometa is designing and producing metal structures for 2 shops of copper works, being constructed in Kazakhstan. At present most of the metal structures of the first building – the extraction shop – are ready for delivery. The main columns and beams for the 30×103.5 m building with the height of 10 m are made…Details
In 2016 Severstal-Metiz saved 35 million rubles due to streamlining its operation. According to the company statement, last year employees submitted over 200 rationalizing suggestions, allowing to decrease manufacturing expenses and prime cost. The highest result was obtained thanks to modernization of equipment and tools, as well as the change of key products manufacture techniques.…Details
In 14 months there will be no profitless mines in Ukraine. According to the minister of energy and coal industry Igor Nasalik, by the end of 2017, 70% of mines will be lossless, and 50% – profitable. “The mines will also start paying for electricity, for which they haven’t paid for 2 years. They will…Details
Prime Minister of Ukraine Vladimir Groysman is initiating the cancellation of the mine check moratorium. He has ordered the Ministry of energy and coal industry to prepare a decree to allow checking coalmining enterprises. Earlier the Vice Prime Minister Vladimir Kistion presented the results of the labor safety check of the mining companies. After checking…Details
In 2017 Zaporizhstal has spent over 20 million UAH on organization of health improving season for its employees, their families and veterans. According to the company statement, over 5 thousand employees and their family members will participate in the summer health improvement campaign. The metal works pays up to 70% of the tourist vouchers to…Details
In April industrial output in Ukraine decreased by 1.7% MoM and by 4.6% YoY.
According to the State Statistics Service, in metal industry output decreased by 6.5% MoM and by 10.7% YoY.
Coke output dropped by 2.2% MoM and by 27.3% YoY.
In 2016 industrial output in Ukraine increased by 2.4% YoY. (Ukrainian metal)
In January-March Revda Non-Ferrous Metals Processing Works received 3.3 million rubles of net losses.
In Q1 2016 it received 13.9 million rubles of net profits.
The company earnings increased by 33.6%, to 865.2 million rubles. (Ukrainian metal)
In January-April Amur Zoloto mined 364.2 kg of gold at its deposits and 278.6 kg of silver. All the metal has been smelted at the gold-extracting and processing factory of Yubileyniy GOK. Amur Zoloto intends to construct a module processing factory with the capacity of 100 thousand tons per year at the Perevalnoye deposits. The…Details
In January-March Kazakhstan mined 273.3 billion tenge ($879.627 million) worth of non-ferrous metals ores, up by 11% YoY. In particular, Kazakhstan mined 31.1 million tons of copper ores, up by 42.2%, 1.7 million tons of copper-zinc ores (up by 7.2%), 2.1 million tons of chromium ores (up by 25.6%) and 1.6 million tons of bauxites…Details
According to the deputy prime minister of Belarus Vladimir Semashko, the country is not negotiating coal supplies with the self-proclaimed Lugansk People’s Republic, a terrorist organization created and supported by Russia. “Belarus has no need for Donbass coal”, he said. The reason for such a statement was the interview of the LPR leader Igor Plotnitsky…Details