Ukraine: DTEK coal output down in H1 2018

In January-June DTEK Energo mined 11.4 million tons of coal, down by 15% YoY.

Coal processing reached 8086.3 thousand tons.

Concentrate output totaled 4897.8 thousand tons. (Ukrainian metal)

Russia: Russky Ugol coal sales up in H1 2018

In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%.

In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)

Russia: Tatarstan to construct metal wares works

The Naberezhnye Chelny territory of advanced development will receive new residents.

In particular, Termokrep LLC will create a works to produce metal wares with thermodiffusion coating.

Investments in the project will total 130.7 million rubles.

40 jobs will be created. (Ukrainian metal)

Ukraine: AMKR mined once again

The Kriviy Rih city police have informed that the morning of July 31 has started with the information of the mining of ArcelorMittal Kriviy Rih.

The territory of the works was immediately surrounded and checked for explosives.

On July 20 similar information was received by the police. Luckily it was false. (Ukrainian metal)

Russia: Gaysky GOK constructing underground weigh-loading complex

Gaysky Mining and Processing Works is constructing a weigh-loading complex at the Skipovaya mine.

The work is being performed underground – at the depth of 1260 meters.

Investments in the new complex total 20 million rubles.

The construction began in November 2017, and is planned to be finished this year. (Ukrainian metal)

Russia: MMK decreases steel demand forecast

MMK has decreased the forecast of demand for its products this year almost 2-fold because of the tax reform. While seeking money for pre-election promises of president Vladimir Putin, Russian authorities suggested increasing the base rate of added value tax by 2%. “Last year steel consumption in Russia grew by 6.5%. This year we estimate…

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