Karelsky Okatysh, a subsidiary of the Russian steelmaker Severstal, plans to raise investment in production by 50% YoY, or by 2.8 billion rubles, to 8.4 billion rubles in 2019, the company said. Karelsky Okatysh plans to spend the money on construction of a conveyor facility in the central open-pit mine that should make transportation of…
DetailsIn 2018 Russia imported 7.137 million tons of ferrous metals, up by 4.9% YoY. In December 2018 imports grew by 3.9% MoM, to 0.487 million tons. According to the Federal Customs Service, the import of ferrous metals not counting pig iron, ferroalloys, waste and scrap, was 5.666 million tons, down by 0.4%. In December 2018…
DetailsThe state enterprise Vostochniy Mining and Processing Works has concluded an agreement with Energy Trade Group LLC on the delivery of natural gas valued at 143.83 million UAH. This year the company will supply 13.15 million cubic meters of gas valued at 10,938 UAH per 1 thousand cubic meters. The price of the agreement is…
DetailsIn January Energomashspetsstal sold 170 tons of products to 5 local companies. In particular, EMSS supplied to Azovstal, Mariupol Ilyich Iron and Steel Works, Kramatorsk Heavy Machine-Tool Works, Zaporozhkran and Magma LLC. Ukrainian customers ordered rolls, gondola frames, rods, gears, wheels, etc. (Ukrainian metal)
DetailsIn 2018 Magadan region mined 401.7 thousand tons of coal, up by 21.4% YoY. The increase is due to the growth of supplies to the Republic of Sakha (Yakutia). 3 enterprises are mining for coal in the region: Kolyma Coal Company LLC, Association of Business Cooperation LLC and North-Eastern Coal Company LLC. Kolyma Coal Company…
DetailsOlkon, a part of Severstal, intends to invest 3.2 billion rubles in development this year, up 3-fold YoY. The investment program includes 130 projects. “This year we will continue improving the quality of the concentrate, as this is our competitive advantage”, the company executive director Denis Golubichniy said. In June Olkon will out into operation…
DetailsIn 2018 ArcelorMittal Kriviy Rih sold 4.5 million tons of metal, down by 16.7% YoY. Ready-made products (rebars, rolled wire, etc.) accounted for 65% of sales. The share of square billet dropped by 2%, to 27%, while that of pig iron grew by 2%, to 9%. 62 countries purchased AMKR metal in 2018. The Near…
DetailsMakeevka Metal Works has closed most of its shops, except for the rolling shop. “According to the data from open sources and images from space, the works has considerably decreased output”, the Ministry on occupied territories reported. The plant is situated on the temporarily occupied territory of Donetsk region. The ministry says, there are no…
DetailsIn January Zaporozhkoks produced 73.1 thousand tons of blast furnace coke, having fully met its manufacturing plan. At the same time the output was down by 6.2% YoY. The decrease is due to the scheduled repair of the coke oven battery No. 2. The company accounts for 10% of all Ukrainian coke. In 2018 Zaporozhkoks…
DetailsIn 2018 Rusal produced 3.753 million tons of aluminum, up by 1.3% YoY. At the same time, sales dropped by 7.2%, to 3.671 million tons. In Q4 2018 the output grew by 0.4% QoQ, to 0.943 million tons, while sales decreased by 16.2%, to 0.877 million tons. In 2018 the average price was $2259 per…
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