According to the deputy minister on uncontrolled territories and refugees Georgi Tuka the issue of coal purchases from the Kiev-uncontrolled districts of Donetsk and Lugansk regions has been over-politicized by the so-called hurrah-patriots. “Formally this cannot be named a purchase. This is a transportation of the coal mined at one DTEK division to another. There…
DetailsWithin the strategy of social partnership between DTEK and the towns where the group is present, all the schools of 7 villages of Dobropolye district have enough coal for heating. Coal deliveries to households have been 97.8% fulfilled. Village schools received 230 tons of coal, enough for the entire heating season. Moreover some 11.7 thousand…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 361 2203 424 424 October 409 2243 422 422 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsMuzhievo village near the Hungarian border has been mining gold since 1999 for 7 years. Now the mine will be repaired and some 500 people employed, thanks to Avellana Gold. “The project will be successful. If some locals treat it neutrally, those who have previously worked there support it now. Such enterprises offer higher wages.…
DetailsThe Ministry of Finances has admitted that while preparing the Tajik Aluminum Works 2010-2015 and H1 2016 operational results review it has made some mistakes. “In particular, export-import operations were stated in the company profits that have nothing to do with the company financial activity and, thus, cannot represent its financial state”, the ministry said.…
DetailsAll the companies of DTEK, situated on the occupied territories, are working under Ukrainian jurisdiction. “We have 8 companies on uncontrolled territories: mines, one power plant and network companies that transport electricity in the Donetsk region. All of them pay taxes to Ukrainian budget”, the company CEO Maxim Timchenko said. “We bring as much coal…
DetailsVostochny Mining and Processing Works has accepted the offer of the trading company Ingus for the delivery of 2900 kg of lubricating oils valued at 261.11 thousand UAH. 4 companies took part in the tender: Smart oil, Ingus, Agro-centr and Eco-service. Smart oil’s offer was the lowest – 210.93 thousand UAH, but it was rejected.…
DetailsThe Samarskaya mine of the DTEK Ternovskoye Mine Group has put a new long face (No. 184) into operation. The face length is 250 meters. It will be in operation until May 2017. Investments into the long face totaled 50 million UAH. By the year-end the miners plan to put another long face into operation.…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 37 44 31 36 October 37 44 33 39 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsProsecutors of Dnepropetrovsk region have initiated criminal proceedings against Evraz Sukhaya Balka for illegal mining of iron ore at the Yubileynaya mine. According to the prosecutors, the company has been illegally mining ore without corresponding documents since September. Sources say, Evraz Sukhaya Balka was officially idle in September and October because of the absence of…
DetailsIn January-September Russia produced 86637 tons of stainless steel, up by 3.3% YoY. Flat hot-rolled metal output went up by 6.7%, that of bars – by 47.5%, and of electric-welded pipes – by 19.1%, all YoY. At the same time cold-rolled flat metal output dropped by 13.5%, of round billets – by 41.2%, of wire…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max September 426 780 387 453 390 400 380 400 October 426 780 436 501 410 430 400 430…
DetailsNovolipetsk Iron and Steel Works could increase its capacities by 1-2 million tons per year.
At present the Lipetsk site is capable of producing 16 million tons of steel each year. The program will be carried out in 2-3 years.
The basic development plan doesn’t presuppose large investments, according to the company. (Ukrainian metal)
The independent primary union organization of ArcelorMittal Kriviy Rih reports multimillion thefts at the company involving AMKR employees. The organization sent a corresponding letter to the departments on human resources and security. According to the letter, the organization found out and prevented the theft of 200 tons of pig iron on November 27. They say,…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 442 685 343 420 October 456 685 366 434 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsCompanies of the businessman Musa Bazhayev suggest correcting the agreement on selling Amur Zoloto to Petropavlovsk and receiving 20% in Petropavlovsk instead of 30.3%. In April Petropavlovsk signed an agreement to buy Amur Zoloto for $144 million from Alliance Mining Group and Lexor Group, controlled by Bazhayev. According to the agreement, his companies had to…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 374 583 318 421 October 423 571 343 387 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn January-October industrial output in Armenia decreased by 6.2% YoY. In 2015 it saw a rise of 5.5%. According to the National Statistics Service, ferromolybdenum output reached 5262 tons, up by 11.4% YoY, with 648 tons produced in October, down by 9.7% MoM. Molybdenum production totaled 8885 tons, up by 1.1% YoY, with 915 tons…
DetailsThe company’s Let’s Go major volunteer marathon ended with a large-scale environmental event in Moscow’s Losiny Ostrov National Park. Thousands of Nornickel employees under the Company of Good charity program took part in the environmental event. The key goal of environmental volunteers was to inculcate the company’s employees with care of the areas where they…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, FOB Black sea ports min max min max min max September 361 509 341 386 365 380 October 409 498 348 402 375 395 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16…
DetailsIn January-November Russian coal exports climbed by 13.2% YoY, to 149,049,730 tons, the Ministry of Energy statistics reported.
In November coal exports totaled 13,833,700 tons.
Coal production in November reached 33,904,400 tons. (Portnews/Ukrainian metal)
Businessman Sergey Kurchenko, who is hiding from Ukrainian law-enforcing service in Russia, has gained control over the state enterprise Antrazit, situated on the Ukraine-uncontrolled territory of Lugansk region. In particular, the new general director of Antrazit is now Alexander Ermakov, connected with Kurchenko. Before that Antrazit was controlled by the terrorist-organization of Lugansk People’s Republic…
DetailsZaporozhogneupor has put a new production line into operation, increasing its product mix, in particular, warmth-keeping and slag-forming mixes. The mixes are used in steel-manufacture. “The new line is a long-term investment of ours. It will allow us staying competitive on the market even in 10 years”, the company CEO Victor Busko said. The new…
DetailsThe Ministry of energy and coal industry, the Dneprovsk region and the representatives of the European Union have analyzed the results of the project on long-term and environmentally friendly strategy of putting off from the operation and rehabilitation of the uranium-processing site at Pridneprovsky Chemical Plant. The cost of the project is 1.1 million euro.…
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