According to preliminary results, in 2017 Primorsky Mining and Processing Works will produce 2700 tons of tungsten concentrate and 1600 tons of copper concentrate. In 9 months output was down by 5% YoY. By the end of the year the difference will have decreased to 2%. Primorsky GOK is developing the Vostok-2 deposits. The company…
DetailsThe United Pipe Company has for the fourth year in a row been named the best supplier of industrial products and goods for the oil and gas industry (pipes). “The TMK products are associated with quality and reliability in Russia, as well as abroad. The fourth award is yet another confirmation of this”, TMK deputy…
DetailsMechel-Steel, a subsidiary of the Russian metals and mining company Mechel, and Kyrgyzstan’s state railway company Kyrgyz Temir Zholy have signed a letter of intent to expand cooperation, Mechel said in a statement. The letter stipulates that the companies will develop system-wide cooperation aimed at exchanges of information on products, and on supplies of rolled…
DetailsUkraine in January-November increased coal imports in monetary terms 1.87-fold YoY, to $2.431 billion, according to the State Fiscal Service of Ukraine. Russia remained the major supplier of coal over the period under review, accounting for 56.4% of total supplies worth $1.37 billion, the report said. It is followed by the United States (24.8%, $603.8…
DetailsOn the Near East market Interpipe’s main customers are the United Arab Emirates and Turkey. “We have strong connections with clients in the region, both in oil and gas and construction sectors. 58.5% of all our deliveries fall on oil and gas projects. UAE accounted for 25% of them, Turkey – 18% and Egypt –…
DetailsIn November Russia supplied some 280 thousand tons of coal illegally taken from the occupied Donetsk and Lugansk regions of Ukraine to Europe, up by 18.6% MoM, or by 44 thousand tons. The largest exporters of Donbass coal are companies, controlled to the fugitive Ukrainian businessman Sergey Kurchenko. In particular, in October his two companies…
DetailsAzerbaijan, one of the richest in precious metals deposits countries in Eurasia, has increased gold and silver mining. The country produced 5,669 kg of gold in January-November, up 3.2-fold YoY. The State Statistics Committee reported that the extraction of silver increased by 67.9%, amounting to 566.800 kg. The stocks of finished goods, as of December…
DetailsRussian oligarch Alisher Usmanov is interested in Alchevsk Iron and Steel Works, a Ukrainian enterprise earlier seized by Russia-backed militants in the occupied Donbas, according to a Ukrainian MP, coordinator of Information Resistance analytical group Dmytro Tymchuk. Leaders of the self-proclaimed Donetsk People’s Republic (“DPR”) are failing to revive operations of most of the “nationalized”…
DetailsIn 2018 Ukraine intends to invest 2.5 billion UAH in modernization of coal enterprises. “We’re switching to the management mode, when every mine is responsible for its efficiency. Restructuring the industry will let the country save some 1.5 billion UAH”, the minister of energy and coal industry Igor Nasalik said. Still until the document on…
DetailsMetinvest has stopped supplying hot-rolled coils to EU after the introduction of the fixed duty of 60.5 euro per ton. Still, according to the company marketing director Roman Kurashev, Metinvest has not completely abandoned the market. “We sell coils there from our European works”, he said. He noted, that Metinvest reoriented its exports from EU…
DetailsThe Saranskaya, Abayskaya, named after Kuzembaeva and named after Kostenko mines have resumed operation. According to ArcelorMittal Temirtau press service, at present the company is evaluating the resumption of operation at other mines. AMT management offered miners to increase their salary by 30%. During the strike the coal for metallurgical operation was purchased from other…
DetailsEn+ Group, belonging of Oleg Deripaska and owning 48.13% of Rusal, has attracted VEB to two aluminum projects. In particular, VEB will invest 18.5 billion rubles in the construction of the first stage of TaAZ with the capacity of 420 thousand tons per year, and 7.7 billion rubles on the creating of aluminum plates manufacture…
DetailsMagnitogorsk Iron and Steel Works has been named one of the World Wildlife Fund’s Top Ten most environmentally responsible mining and metallurgic companies in Russia in 2017. MMK came eighth place in a list, the highest achievement for Russia’s iron and steel companies. The results of the study were presented at the UN office in…
DetailsThe mining site No. 1 of the Pershotravenskoye Mine Group of DTEK Pavlogradugol has mined 1 million tons of coal since the beginning of the year. It is planned that this and other sites will outperform their annual output target. “Some 10 years ago this was an unachievable result. At that time for all the…
DetailsTitanium Investments LLC, previously Crimean Titanium, situated in the Russia-annexed Crimea, intends to start constructing a new titanium dioxide shop valued at 31.2 billion rubles in 2020. According to the program of Crimea development, designed by the occupational authorities, the capacity of the shop will be 80+40 thousand tons per year. Titanium Investments (Moscow) was…
DetailsKachkanarsky Mining and Processing Works has produced the 200-millionth ton of pellets. The anniversary batch was shipped to Evraz NTMK, where pellets are used in pig iron manufacture. KGOK annual output is around 6 million tons of pellets with the Fe content of over 60%. The company started manufacturing pellets in 1970. The first batch…
DetailsIn January-November Ukraine mined 31.964 million tons of coal, down by 13.6% YoY, or by 5.044 million tons. According to the Ministry of energy and coal industry, energy-generating coal output dropped by 12%, or by 3.55 million tons, to 25.758 million tons, while coking coal – by 19%, or by 1.489 million tons, to 6.206…
DetailsThe new Metinvest strategy program presupposes increasing steel output at the group’s assets. According to the group marketing director Roman Kurashev, this concerns Mariupol Ilyich Iron and Steel Works and Azovstal, the loading of which at present is around 70-80%. “Unfortunately, right now we can’t give them more, as we cannot provide for sufficient deliveries…
DetailsUkrainian Center of Steel Construction expects metal structures consumption to grow by 15% YoY in 2017, to 75 thousand tons. At the same time metal constructions output will reach 85 thousand tons. This year manufacturing activity was witnessed at 81% producers, with 46% of the companies increasing output. Most of the exports (85%) went to…
DetailsUkrmetallurgprom forecasts that in January 2018 Ukraine will produce 2 million tons of steel, 1.9 million tons of pig iron and 1.8 million tons of rolled metal. According to updated data, in November Ukraine produced 1.87 million tons of steel, 1.83 million tons of pig iron and 1.6 million tons of rolled metal. A slight…
DetailsIn 2018 Metinvest SMC will start constructing a large distribution center in Dnepr with the capacity of 40 thousand tons of metal. “This will allow us to concentrate on that site a number of items, which are periodically in demand”, the company CEO Dmitry Lippa noted. According to him, thus Metinvest will be able to…
DetailsMetinvest will develop coated rolled metal manufacture together with Unisteel Ukraine LLC in the city of Kriviy Rih. According to Metinvest-SMC marketing director Roman Kurashev, the plant’s capacities are around 100 thousand tons of galvanized sheets per year. “Unisteel will be commissioned this year. In a couple of days it will start operating. The company…
DetailsIn November Ukrainian metal companies received 2.5 million tons of iron ore raw materials, on the October level. At the same time coal supplies dropped by 14% MoM, to 1.12 million tons. Coke deliveries were on October level at 965 thousand tons. Imported coal share was 78%, and coke – 13.8%. In January-November metal and…
DetailsIn November Ukrainian metal companies consumed 165 million cubic meters of gas, up by 10% MoM.
According to Ukrmetallurgpromgas, in 11 months gas consumption grew by 3% YoY, to 1.6 billion cubic meters.
Metal companies also consumed 10.5 billion kW-h of electricity, down by 11%. (Ukrainian metal)
In November Ukrainian metal companies were supplied with scrap at 96%. According to Ukrmetallurgprom, last month scrap-procuring companies prepared 318 thousand tons, up by 2% MoM. Of this volume local metal companies received 270 thousand tons, while 48 thousand tons were exported, up by 20% MoM. In January-November out of 3.4 million tons of scrap…
DetailsMetinvest analysts believe that in 2018 the average price of hot-rolled coils will be $517 per ton as opposed to $503 in 2017. According to Metinvest-SMC CEO Dmitry Lippa, steel billets prices will increase to $459 per ton from $431. Iron ore raw materials will cost $71 per ton (in 2017 – $65). At the…
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