Azerbaijan: metal imports in Q1 2017

In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…

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Russia: gold output up in January-April 2017

In January-April Russia increased output of raw gold and gold powder by 4.3% YoY.

According to the statistics, in April gold output increased by 2.3% YoY, but dropped by 25.3% MoM. (Ukrainian metal)

Ukraine: acting chief accountant appointed at Zaporizhstal

Svetlana Ampilogova has been appointed the acting chief accountant of Zaporizhstal. According to the company press service the ex-chief accountant Natalia Mikhayskaya has been appointed the financial controller of Zaporizhstal. “Natalia Mikhayskaya has been a successful chief accountant, she has been developing the financial function of the enterprise. Now she heads the new for her…

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Russia: Mechel deals with Gazprombank approved

Mechel held a shareholders’ meeting on May 17.

The shareholders have approved deals with Gazprombank.

Thus they have approved of changes to the suretyship agreement on securing the loan contracts of Yakutugol and Yuzhniy Kuzbass with Gazprombak, as well as pledging 25% +1 share of Mechel-Mining ordinary shares to the bank. (Ukrainian metal)

Russia: Smolensk region to start producing aluminum sections

The Alvidprof company will start manufacturing aluminum sections on the territory of the Phoenix industrial park in Smolensk region by the end of 2018.

Investments in the project total 400 million rubles.

Alvidprof has become the first resident of the industrial park, the construction of which will finish in Q3 2018. (Ukrainian metal)

Russia: PMKh output down in Q1 2017

In January-March the Industrial Metallurgical Holding enterprises mined 542 thousand tons of coking coal, down by 28% QoQ. The decrease was the result of the planned disassembly and assembly of machinery at Butovskaya mine and the short calendar period of the first quarter. Berezovskaya factory decreased coal concentrate processing by 6% QoQ, to 644 thousand…

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Ukraine: Centrenergo cancels coal tender

The power-generating company Centrenergo has cancelled the tender to buy 700 thousand tons of anthracite coal for Zmievskaya and Tripolskaya thermal power plants with delivery in May-December. According to the company statement, the decision was taken by the management in fear of the price increase in case of exchange rate fluctuations. 2 companies participated in…

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Ukraine: Mariupol Ilyich to implement anti-crisis measures because of raw materials shortage

Metinvest intends to implement anti-crisis measures at its Mariupol Ilyich Iron and Steel Works. In particular it is suggested using iron ore raw materials wastes to produce sinter in view of undersupplies of sinter ore via railroad. “We intend to implement new methods of operation providing for the more efficient usage of secondary materials, thus…

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Ukraine: EMSS produces rolls for AMO

Energomashspetsstal has shipped a batch of back-up rolls to the Czech Republic.

The delivery is being carried out under the contract concluded by EMSS and ArcelorMittal Ostrava in August 2016.

The rolls with the total weight of 103.3 tons will be used in hot-rolling strip mills. (Ukrainian metal)

Russia: Mechel-Service delivers rebars for works construction in Chelyabinsk

Mechel-Service has supplied 160 tons of rebars for the construction of the Sojuzpischevik works in Chelyabinsk.

The Chelyabinsk Iron and Steel Works rebars will be used to reconstruct the works on almond, oat and rice milk manufacture.

The massive overhaul of the 115-years old factory began last year. (Ukrainian metal)

Ukraine: Donetsk terrorists preparing to put seized metal companies in operation

The terrorist organization Donetsk People’s Republic, created and supported by Russia, is engaged in preparing Metinvest and Donetskstal companies for operation. Control over the companies on the territory of the Antiterrorist operation was lost on March 15. According to a source, the management of the companies has been given to Sergey Kurchenko, an ally of…

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Ukraine: VostGOK denied mining lease

The Kirovograd regional administration on May 19, refused to allow the Vostochniy Mining and Processing Works start mining operation within the territory of housing construction. The decision has been taken at the request of the Kropivnitsky mayor Andrey Raikovich. He was against allowing the company to work there, as it did not fulfill its social…

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