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Ukraine: AMKR awarded for implementation of energy-efficient solutions and use of alternative fuel

ArcelorMittal Kriviy Rih ore mining and metallurgical worksLeave a comment

PJSC ArcelorMittal Kriviy Rih has been awarded with a certificate for implementation of the best energy-efficient and resource-saving technologies that reduce the negative impact on environment. The company got the winner’s certificate during interregional conference, called Green Solutions of Business – Uniting for Sustainable Development, which took place in Dnepr. The Dnipropetrovsk Regional Council, the…

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Ukraine: UGOK sinter output up in April 2018

UGOKLeave a comment

In April Yuzhniy Mining and Processing Works produced 1000.3 thousand tons of concentrate, down by 0.1% YoY. According to the company statement, sinter output increased by 7%, to 133.5 thousand tons. In January-April UGOK concentrate output dropped by 0.7% YoY, to 4012.3 thousand tons, while sinter manufacture grew by 13.8%, to 654.9 thousand tons. (Ukrainian…

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Russia: MMK IFRS net profit up in Q1 2018

MMKLeave a comment

The net profit of Russia’s Magnitogorsk Iron and Steel Works (MMK) rose by 15.8% YoY, to $279 million in January-March, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on May 8. Revenue increased by 23.8%, to $2.055 billion, while EBITDA grew by 23.9%, to $560 million. (Prime/Ukrainian metal)

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Russia: coal mining up in April 2018

coalLeave a comment

In April Russia mined 35.32 million tons of coal, up by 5.8% YoY, while exports increased by 0.7%, to 15.34 million tons. Deliveries to the domestic market grew by 17.5%, to 15.1 million tons. Imports dropped by 12.7% YoY, to 1.58 million tons. SUEK mined 9.2 million tons of coal, down by 1.2%, Kuzbassrazrezugol –…

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