Russia: Evraz output down in Q1 2018

The consolidated steel output of Evraz in January-March dropped by 5.5% QoQ, to 3.3 million tons, mostly because of the decrease in pig iron production. Coking coal manufacture increased by 6.7%, to 6 million tons, thanks to the completion of works at the Alardinskaya and Uskovskaya mines’ long faces. Steel sales fell by 5.7%, including…

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Russia: PMH output down in Q1 2018

In January-March PMH-Ugol mined 798 thousand tons of coking coal, up by 22% YoY. According to the holding statement, the increase has to do with the mines named after Tikhov and the second stage of Butovskaya mine, commissioned in May 2017, gradually reaching full capacity. Coal concentrate output at Berezovskaya factory grew by 4%, to…

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Russia: Jamaica to cancel RUSAL’s control over local company

The Jamaican government can cancel Russian aluminum producer RUSAL’s control over West Indies Alumina Company (Windalco) due to the recent U.S. sanctions against the company, Minister of Transport and Mining Robert Montague declared. “Despite UC RUSAL’s intention to continue to operate as normal, the Ministry of Transport and Mining’s analyses indicate that normal operations will…

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