The European Commission has imposed 5-year antidumping duties on construction rebars, produced in Belarus. The decision has been taken following the results of the antidumping investigation, which has shown that Belarus metal products have been sold in EU at a price 60% lower than the market price. The investigation started in March 2016, and in…
DetailsIn January-May Russia supplied 4.25 million tons of coal to Ukraine, and the total supplies this year are expected on the level of 10 million tons. Last year Russia supplied 10.11 million tons of coal to Ukraine, according to the Russian Ministry of energy. The Ministry of energy and coal industry of Ukraine has asked…
DetailsSalary to Lviv Coal Company employees has not been paid since February, and the total debt now amounts to 18 million UAH. According to the chairman of the Independent Miners Union Mikhail Volynets, the situation is critical. The situation is made even more complex by the suits as to the bankruptcy of the company and…
DetailsShareholders of DTEK Pavlogradugol decided to pay 647.15 million UAH of dividends for 2016. The dividends will be paid from June 30 through October 20. In 2016 DTEK Pavlogradugol received 647.15 million UAH of net profits, up 3-fold, or by 420.87 million UAH YoY. Last year, according to the Ministry of energy and coal industry,…
DetailsBy July Seligdar will have put the new gold-extracting factory at the Ryabinovoye deposits in Yakutia in operation and plans to mine at least 400 kg of gold there this year. Investments into the factory total 6.335 million rubles. The factory capacity is 1 million tons of ore per year. The factory will produce some…
DetailsLast year the export duty for scrap increased from 10 euro per ton to 30 euro. This has immediately affected the budget – taxes increased almost 2-fold. And much more raw materials stayed in the country. “At present Azovstal Iron and Steel Works is fully provided with scrap. Unfortunately a year ago the situation was…
DetailsIn April, according to the customs statistics, corrosion-resistant rolled metal imports reached 21.6 thousand tons, up by 2.4% MoM and by 18.7% YoY, valued at $50 million, up by 3.3% MoM and by 34.7% YoY. In January-April Russia imported 86.2 thousand tons of corrosion-resistant rolled metal valued at $182 million, up by 36% and by…
DetailsKazakhstan continues increasing exports. In January-April exports increased by 21%, or by $836 million. Metal product exports account for 54% of the total volume. The highest increase in prices was also noticed in the metal industry. China and Russia remain the main export markets, accounting for over 40% of all exports, up by 21% and…
DetailsIn May Vostsibugol mined 723 thousand tons of coal in Irkutsk region. Vostsibugol operates Cheremkhovugol, Tulunugol and Zhronsky open-pits. In May Cheremkhovugol mined 318.6 thousand tons of coal, Tulunugol – 340.4 thousand tons and Zheronsky – 63.8 thousand tons. In January-May Vostsibugol mined 4.496 million tons of coal, up by 2.6% YoY. This year the…
DetailsThis year Electrozinc will complete the overhaul of the sulfuric acid mill. According to the company statement, the main assets are the absorber and the transformer substation. When the absorber is put into operation, the gas purification will increase to 99.99%. The total cost of the absorber construction is 186 million rubles, and the construction…
DetailsSeverstal-Metiz has rebranded two of its assets. From June 19 Redaelli SSM will be called Severstal Kanaty (Severstal Wire Ropes). From June 20 Techi Rus will be called Severtsal Podyemnye Tekhnologii (Severstal Lifting Technologies LLC). The bank data, tax number and addresses of the companies will remain the same. (Ukrainian metal)
DetailsIn May the Demidov Group of Companies sold 28 thousand tons of pipes to customers. The manufacturing capacities were 87% loaded in May, and that was the best result since the beginning of the year. The Devlenakovo subsidiary sold 6 thousand tons of pipes, up by 35% YoY. (Ukrainian metal)
DetailsIn January-March Sverdlov region increased metal exports by 34% YoY. According to the information department of the governor, in particular, titanium exports increased by 18%. The growth has also been noted in the exports of ferrous and non-ferrous metals and wares. The main importers were Belgium, UK, Greece, the Netherlands, Serbia, USA and the Czech…
DetailsThe largest Egyptian metal company Ezz Steel plans to increase rebars output to its maximum of 4.6 million tons per year, if the government extends antidumping duties on the import of rebars from Ukraine, China and Turkey, imposed in early June. The duties of 10-27% have been imposed for 4 months. Last year Egypt consumed…
DetailsThe founder of VETEK Sergey Kurchenko started exporting coal of Ukrainian origin. According to sources, anthracite is mostly sold to Turkey. The first sales commenced in April, and became systematic in May-June: some 5-6 vessels carrying 20 thousand tons of coal unload in Turkey each month. Coal, mined on the occupied territories of Donetsk and…
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