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In January-June Russia imported 15.2 thousand tons of seamless corrosion-resistant steel pipes from Kazakhstan, up 50-fold YoY. Moreover the result of the whole 2017 has been exceeded 4.5-fold. Kazakhstan accounts for some 60% of all Russian imports of these products. Pipes for oil and gas pipelines represent the major part of imports. (Ukrainian metal)
DetailsIn January-June Korshunovsky Mining and Processing Works sold 846 thousand tons of iron ore concentrate, down by 40% YoY. In Q1 sales totaled 361 thousand tons, and in Q2 they grew by 41%, to 495 thousand tons. The increase in sales is due to the growth of output. In 2017 KGOK sold 2.5 million tons…
DetailsIn June Russia exported 272 thousand tons of raw aluminum, up by 5.4% YoY. According to the customs statistics, in January-June exports reached 1.55 million tons valued at $2824 million, up by 10.3% and by 24.1% YoY respectively. In June the average price was $1174 per ton FOB Russian border, up by 8.4% YoY. (Ukrainian…
DetailsThe Belozerskoye Mine Group (Donetsk region) has put into operation the 5th northern long face at the Novodonetskaya mine. The coal reserves total 2 million tons. The face will provide miners with enough work for the next 18 months. The length of the face is 300 meters. (Ukrainian metal)
DetailsAzovstal Iron and Steel Works will completely reconstruct its blast furnace shop. According to the company statement, by 2021 some 900 million UAH will have been invested in the environment modernization. 2 years ago Azovstal completed the reconstruction of the blast furnace No. 4, which is now one of the up-to-date and environment-friendly furnaces in…
DetailsThe Arbitrary court of Sverdlovsk region will consider the claim of Sortstal on being declared bankrupt. The court received the relevant document on August 24. According to it, the volume of claims is 49.87 million rubles. Sortstal was registered in 2004. Its main activities were wholesale of fuel, ore and chemical materials. (Ukrainian metal)
DetailsIn January-June Nordgold net profit decreased by 17% YoY, to $56.2 million. According to the company, the revenue dropped by 3%, to $589.7 million. EBITDA went down by 8%, to $246.2 million. In Q2 net profit decreased 3.1-fold QoQ, to $13.9 million The revenue dropped by 3%, to $289.6 million, and EBITDA – by 5%,…
DetailsThe ChTPZ Group has concluded a 5-year contract with Globaltrans. The document has been signed by ChTPZ CEO Boris Kovalenkov and Globaltrans CEO Valeriy Shpakov. According to the agreement, the New Transport Company, a part of Globaltrans, will be responsible for pipe transportation. Thus, the Globaltrans share in ChTPZ transportation will increase from 30% to…
DetailsIn January-June Russia exported 3.3 million tons of pig iron, up by 34.6% YoY, valued at $1106 million, up by 48.6%. According to the customs statistics, US imported the most pig iron (51.4%, up by 6.1%). Hong Kong started importing Russian pig iron in late 2017 and in 6 months purchased 478 thousand tons. Italy…
DetailsThe governor of Donetsk region Alexander Kuts has discusses with the directors of mines, mayors of mine towns, representatives of power suppliers, Pension Fund, etc. what to do to make the state coal enterprises profitable. “At present there are 15 state coalmining enterprises in the region. As of August 23 they have mined 1.3 million…
DetailsIn July Ukraine increased steel output by 11.4% YoY, to 1.82 million tons, but dropped to the 13th place from the 12th in the Worldsteel rating. The first place is traditionally occupied by China (81.24 million tons, up by 7.2%). Iran took Ukraine’ place, having produced 1.98 million tons of steel, up by 13.2%. In…
DetailsIn January-June Rusal Bratsk Aluminum Works decreased net profit 1.4-fold YoY, to 1.062 billion rubles. According to the company statement, the revenue dropped by 0.1%, to 47.149 billion rubles. The company does not comment on the reason of the decrease. (Ukrainian metal)
DetailsIn July Amurstal (ex-Amurmetal) shipped 61 thousand tons of metal, up 6-fold YoY. In January-July sales increased 9.4-fold YoY, to 288.3 thousand tons. This year the company has supplied 95.2 thousand tons of metal to domestic customers and exported 193 thousand tons. (Ukrainian metal)
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