Russia: gold output down in 2016

In 2016 Russia decreased gold ingot output by 7.8% YoY, with December 2016 being the 5th consecutive month when the gold output decreased. In December 2016 gold output dropped by 4.6% YoY, but increased by 6.2% MoM. The Gold Manufacturers Union or Russia expects that in 2016 the country will produce 297 tons of gold,…


Russia: OSPAZ hits record with fasteners sales in 2016

In 2016 Orel Steel Works, a part of Severstal-metiz, sold some 24 thousand tons of fasteners.

According to the company information, this is an absolute record in the works history.

Last year Severstal-metiz enterprises sold over 520 thousand tons of products, up by 3% YoY. (Ukrainian metal)

Russia: PMH output up in 2016

In 2016 the Industrial-Metallurgical Holding, the largest coke manufacturer and pig iron supplier in Russia, mined 2.21 million tons of coking coal, up by 16.8% YoY. According to the company statement, its coal concentrate production increased by 19.8% YoY, to 2.637 million tons, while that of iron ore – by 1.2%, to 5.023 million tons,…


Ukraine: coal output up in 2016

In December 2016 Ukraine (not taking into account the temporarily occupied territory of Crimea and the ATO zone) mined 2.6 million tons of coal, up by 3% YoY. According to the State Service of Statistics, the output dropped by 0.5% MoM. In 2016 Ukraine mined 29.5 million tons of coal, up by 4.7% YoY. Coal…


Russia: throughput of Neva-Metal down in 2016

In January-December 2016 Neva-Metal CJSC (stevedoring company of Severstal) handled about 3.2 million tons of cargo, down by 2% YoY. Container throughput totaled about 96,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and general cargo delivered to its terminal…


Ukraine: metal output forecast for February 2017

In February Ukrainian metal companies are expected to produce 1.9 million tons of steel. According to Ukrmetallurgprom, pig iron output could total 1.8 million tons, while that of rolled metal – 1.6 million tons. Ukrmetallurgprom’s forecast for January was 2 million tons of steel and pig iron each, as well as 1.8 million tons of…


Ukraine: PGOK to stop using gas

Poltava Mining and Processing Works is studying the possibility of the construction of the pulverized coal injection machine to stop using the expensive natural gas. PGOK representatives visited ArcelorMittal Kriviy Rih to get acquainted with the PCI machine, put into operation in 2016 at the blast furnace No. 9. In January-August 2016 PGOK decreased gas…