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In January Ukraine mined 2.659 million tons of coal, down by 27.3% YoY. According to the Ministry of Energy and Coal Industry, power-generating coal output dropped by 31.9%, or by 984 thousand tons, to 2.1 million tons, and coking coal – by 2.95%, or by 16 thousand tons, to 559 thousand tons. State mines decreased…
DetailsIn 2017 Irkutsk Aluminum Works manufactured 335.208 thousand tons of high-added valued products, or 80% of the total output. In 2016 the figure stood at 72%. Last year IrkAZ produced over 419 thousand tons of metal, up by 19 thousand form the project capacity. This is the first time that the company reaches such results.…
DetailsIn 2017 Uralelectromed produced 44 tons of tellurium with the purity of 99.95%, up by 2.5% YoY. Moreover, for the first time the company produced 130 kg of 99.999% tellurium. UEM commissioned the tellurium production site in 2013. The cost of the project was 105 million rubles. (Ukrainian metal)
DetailsIn 2017 Evraz NTMK decreased air pollution by 3.7% YoY. Last year the company repaired dust exhaust systems at major divisions, including at three ladle furnaces in the converter shop, foundry shops and slurry utilization site. The modernized machine of dry coke quenching was put into operation in the by-product coke shop. The project will…
DetailsEvraz ZSMK has for the first time sold a batch of 54 E1 rails weighing 1650 tons to Greece. The rails will be used to expand the Athens subway. “The strategic goal of Evraz is to become a serious player on the European market of railroad transportation. We are counting on the further development of…
DetailsVladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel. Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%. The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)
DetailsPJSC ArcelorMittal Kriviy Rih decided to support its employees, who served in ATO zone. Starting from this year, they can take a course on health improvement and therapy in the company’s healthcare center Dzherelo. They will be provided with the full remedial complex, accommodation in comfortable rooms and meals. The healthcare center is of general…
DetailsPJSC ArcelorMittal Kriviy Rih presented its investment activity during the meeting with regional deputies and representatives of German society for international cooperation GIZ. The seminar took place with participation of Consul-General of German Federal Republic Wolfgang Mössinger and Head of Dnipropetrovsk Regional Council Gleb Prygunov. Environment, infrastructure and trade became the main seminar themes. GIZ…
DetailsIn 2017 Polyus received $1.241 billion of net profit, down by 14% YoY, or 72.191 billion rubles, down by 24.2%. Revenue grew by 11%, to $2.721 billion, EBITDA – by 11%, to $1.7 billion. In Q4 2017 Polyus net profit dropped by 28% QoQ, to $267 million, and corrected net profit by 19%, to $242…
DetailsThe Titan Group of Companies intends to construct a plant to produce 36 thousand tons of silicon per year. The group will invest 1.5 billion rubles in the project, and 5.5 billion rubles more will be provided by the Eurasian Bank of Development over 10 years. In late May 2017 Titan started looking for a…
DetailsIn January Zabaykalye region mined 1904.42 thousand tons of coal, down by 8% YoY. 10 companies are mining for coal in the region. The leaders are Razrez Tugnuysky, Razrez Kharanorskiy and Chitaugol LLC. Two companies – Takecha LLC and Kutinskiy Razrez LLC – have not started mining. (Ukrainian metal)
DetailsIn the past 17 years the market of rebar ropes has grown 6-fold, to 6 million tons. According to the Armasteel director Lev Zaretskiy, the company has mastered the manufacture of a new type of rebar ropes – 10-wire ropes K10. Such ropes allow construction companies to save cement (up to 30%), replace crushed stone…
DetailsIn 2017 Metalloinvest increased sales of high quality rolled metal for bridge construction by 24% YoY, to 230 thousand tons (186 thousand tons in 2016). Last year a number of major infrastructure objects constructed of the UralStal steel were commissioned, such as the bridge over the Volga River in Nizhniy Novgorod and over the Tura…
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