According to the statistics committee of the Ministry of National Economy, in August Kazakhstan produced 0.374 million tons of steel, down by 5.2%, but up from 0.367 million tons in July. Steel output in January-August dropped by 0.5% YoY, to 3.061 million tons. Flat rolled metal manufacture in 8 months grew by 7.1%, to 2.017…
DetailsThe new shareholders of Donetskstal have replaced the supervisory board, made amendments to the statutory documents and liquidated the revision commission. The decisions were taken at the meeting on September 11. In particular, board chairman Dmitriy Khristodulidi, as well as board members Mikhail Ilyashev and Natalia Lobacheva have been removed from the board. Instead Ruslan…
DetailsBosch has named Severstal-Metiz the best supplier in Russia for its division of Automotive Aftermarket. Severstal-Metiz supplies calibrated steel for one of Bosch enterprises in Russia. The companies have been cooperating for over 7 years. “At present Severstal-Metiz rolled metal quality equals that of European analogues. Thus, our share in the client order structure is…
DetailsIn August Russia exported 129 thousand tons of ferrous scrap to Belarus. According to the railroad statistics, this is up by 20.2% YoY. In January-August scrap exports totaled 885.2 thousand tons, up by 17.8% YoY. (Ukrainian metal)
DetailsSince the start of the year Kemerovo region has yielded 121.2 million tons of power-generating coal and 46.7 million tons of coking coal, up by 5.3% YoY. Coal pits have yielded 108 million tons, and mines – 59.9 million tons. In August the region mined 22.2 million tons of coal (20.3 million tons in August…
DetailsIn August Khabarovsk region yielded 3.3 tons of gold and 6.9 tons of silver. In 8 months gold output totaled 16.4 tons, with 13.1 tons being ore gold. Silver output reached 37.7 tons. Gold manufacture grew by 9% YoY, while silver dropped by 6%. By the end of the year the region intends to have…
DetailsSeverstal, one the world’s largest vertically integrated steel and mining companies, announces the results of voting following an extraordinary general meeting of shareholders held on September 14. Severstal’s shareholders approved the payment of a dividend of 45.94 rubles per share for the three months ended June 30. The record date for this dividend payment is…
DetailsIn January-June Metinvest B.V. increased investments 2.2-fold YoY, to $420 million. Metal segment accounted for 64% of investments (37% in H1 2017), mining – 35% (61%) and corporate expenses – 1% (2%). In particular, Mariupol Ilyich Iron and Steel Works received $122 million ($35 million), Azovstal – $76 million ($20 million), SevGOK – $51 million…
DetailsNext year the government intends to provide 659.7 million UAH to shut down and maintain closed coalmines and coal-processing enterprises. According to the budget draft, the funds will be spent to prepare 3 coalmining enterprises for liquidation. There are also 16 projects to shut down enterprises and maintain 2 water-pumping complexes. (Ukrainian metal)
DetailsMarkland LLC has received 9 orders from state mine groups on the delivery of goods and provision of repair services valued at 75.16 million UAH. Mirnogradugol has placed an order valued at 50.86 million UAH, Selidovugol – 21.43 million UAH and the Mine named after Surgay – 2.88 million UAH. In particular, the largest order…
DetailsIn August Ukrainian metal companies received 742 thousand tons of coke, down by 8% MoM. Coke imports reached 12 thousand tons, while in the previous 3 months no coke was imported. In January-August metal companies received 6.37 million tons of coke, up by 7% YoY, including 6.1 million tons of domestic coke (up by 13%)…
DetailsIn January-August by-product coke plants imported 7.66 million tons of coking coal and coal concentrate, up by 16% YoY. In August 0.87 million tons were imported, down by 21% MoM. Local coal deliveries reached 1.75 million tons, down by 22% YoY, in August 140 thousand tons were delivered, down by 8% MoM. In 8 months…
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