According to the customs statistics, in January-July Russian exports totaled $239.1 billion, up by 27.9% YoY. The share of metal and metal wares was 10.6% (up from 10.1%). The share of the far foreign countries grew from 9.7% to 10.2%, and of CIS from 12.3% to 13%. The monetary value of exports increased by 34.5%,…Details
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Severstal Steel Decisions has completed the shipping of metal structures for the construction of an office building in the village of Ozeretskoye in Moscow region. The total floor area of the building is 120 square meters. The company has supplied 140 tons of metal structures. (Ukrainian metal)Details
Omega LLC has finished the gold washing season of 2018. The result was 320 kg of alluvial gold, with the target at 304 kg. The output grew by 14% YoY. The company is developing gold deposits in the Republic of Sakha (Yakutia). It has 4 licenses for Lazo, Bilir, Bolshoy Delegenyakh and the Bilir Brook…Details
In August Energomashspetsstal produced and supplied over 200 tons of working and supporting rolls to Ukrainian customers. In particular, the rolls have been delivered to Zaporizhstal, Mariupol Ilyich Iron and Steel Works, Azovstal, etc. All these enterprises are long-time partners of EMSS. The rolls will be used at hot- and cold-rolling mills. (Ukrainian metal)Details
Mechel will participate in the largest international transport exhibition InnoTrans 2018 on September 18-21 in Berlin, Germany. At the event Mechel will showcase the products of the rail and beam mill of Chelyabinsk Iron and Steel Works. The company has mastered the manufacture of the main types of rails according to European and Russian standards,…Details
Karelsky Okatysh has started developing the fuel peat deposits Zarechnoye. The opening of the deposits was held on September 10. The peat will be used in the company boiler rooms to decrease the use of fuel oil. The deposits comprise 9 sites on the area of 272 ha, with combined peat reserves of 718 thousand…Details
The largest shareholder of Petropavlovsk, Kenes Rakishev (22%) commented on the lowering of the company credit rating. “The decrease of the gold-extracting company Petropavlovsk credit rating by Fitch from B- to CCC should not be dramatized. The results of the first half of the year led to this. We had a corporate conflict at the…Details
In August Severstal decreased sales by 0.1% YoY, to 488.6 thousand tons. This is the lowest level since July 2017. In January-August sales grew by 5.3% YoY, to 5.45 million tons. Russian customers received 3.66 million tons, up by 0.5%, while exports increased by 16.8%, to 1.8 million tons. (Ukrainian metal)Details
NLMK Group, an international steel company, is pleased to announce that RAEX (Expert RA) has assigned it the highest credit rating of ruAAA with a stable outlook, making NLMK Group the first metals and mining company to be awarded the highest rating by the agency. The rating acknowledges the company’s high creditworthiness and financial reliability,…Details
In January-June Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) transferred 1.3 billion UAH worth of taxes to budgets of all levels. In particular, PGOK transferred over 1.1 billion UAH, EGOK – 189.9 million UAH and BGOK – 5.3 million UAH. Poltava GOK paid 110 million UAH to the local budget, 141 million…Details
The land in Shyrokivskiy district of Dnipropetrovsk region for construction of tailing pond is in state ownership and possession was delivered to PJSC ArcelorMittal Kriviy Rih legitimately, explained Yuriy Martynyuk, General Legal Counsel of Legal Administration of the company. – Not all people are aware of this issue. Please explain, what was in the beginning?…Details
In August NLMK-Ural metal sales via railroad totaled 130 thousand tons, up by 13.4% YoY. In January-August sales grew by 13.3% YoY, to 900 thousand tons. Sales to Russian customers totaled 621.2 thousand tons, up by 26.1%, while exports dropped by 7.7%, to 278.8 thousand tons. (Ukrainian metal)Details
In August NLMK-Kaluga received 112.2 thousand tons of ferrous scrap via railroad. According to the railroad statistics, this is up by 2.8% YoY. In January-August scrap deliveries totaled 886.2 thousand tons, up by 9.1% YoY. (Ukrainian metal)Details