Ukraine: coal output down in H1 2018

In January-June Ukraine increased power-generating coal output by 2.3% YoY, to 13.293 million tons, but decreased that of coking coal by 9%, to 3.2 million tons. According to the Ministry of energy and coal industry, combined coal output in 6 months dropped by 0.1%, to 16.495 million tons. State mines decreased coal output by 8.8%,…

Details

Ukraine: AMKR to allocate 30 million UAH to social projects implementation

PJSC ArcelorMittal Kriviy Rih will provide for realization of social projects that will enable to improve Kriviy Rih city environment. Paramjit Kahlon, the company’s CEO, and Yuriy Vilkul, Kriviy Rih mayor, signed social partnership agreement. Yuriy Vilkul: “PJSC ArcelorMittal Kriviy Rih is a core company of the city. It is highly important that besides performance…

Details

Russia: Izhstal exports up in H1 2018

In January-June Izhstal exported 31 thousand tons of metal, up 2.2-fold YoY.

The share of exports in the overall output reached 14%.

Belarus is one of the main export markets for the company. In 6 months exports there grew by 63% YoY.

In particular, deliveries to the Minsk Tractor Works increased by 40%. (Ukrainian metal)

Ukraine: Zaporizhstal pays 1.9 billion UAH of taxes in H1 2018

Zaporizhstal has entered the top-100 largest taxpayers in January-June according to the State Fiscal Service.

In 6 months the company has transferred some 1.9 billion UAH to the budgets of all levels, including over 331 million UAH to the local budget.

Last year Zaporizhstal paid 3.2 billion UAH of taxes. (Ukrainian metal)

Russia: Belstal bankruptcy procedure started

The supervision procedure will last in the Belstal company till October 22. The bankruptcy process was initiated by Atlasspetsstroy LLC, as Belstal owed it 7.82 million rubles for special machinery and transport. Several years ago Belstal announced its plans to construct a mini-metallurgical plant with the capacity of 500 thousand to 1.25 million tons per…

Details

Russia: Buryatia yields 2.1 tons of gold

In January-June the Republic of Buryatia extracted 2128.9 kg of gold, on the previous year level.

At the same time ore gold output increased by 8% YoY, to 1712.8 kg, while that of alluvial gold dropped by 24%, to 416.1 kg.

Last year the republic yielded 5677.9 kg of gold. (Ukrainian metal)

Russia: Rosgeologia to look for gold in Kabardino-Balkaria

Rosgeologia will carry our prospecting works for ore gold on Levoberezhnoye ore field.

The corresponding agreement has been concluded in summer.

The site with the size of 6.62 square km is situated in the Cherek district of the Republic of Kabardino-Balkaria.

The project is to be completed by early 2021. (Ukrainian metal)