Ukraine: state mines not to get state guarantees

The Cabinet of Ministers has postponed the decision to provide state coalmines with state guarantees on their loans of 1 billion UAH.

According to the Prime Minister Vladimir Groysman, this issue will be addressed later.

State guarantees should have been given to the Mine named after Surgay, Pervomayskugol, Lvivugol, Toretskugol and Selidovugol. (Ukrainian metal)

Russia: MMK receives IT Leader award

Magnitogorsk Iron and Steel Works (MMK) was recognized in the Ferrous Metallurgy category of the XVI national annual IT Leader awards. The expert jury gave high praise to MMK’s large-scale project aimed at updating the software infrastructure of MMK Group, comprising more than 60 companies. The IT Leader awards have been held since 2002 and…

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Azerbaijan: metallurgical output up in January-April 2018

Goods worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in January-April, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2%, while the manufacture of finished metal products grew 2.2-fold. Azerbaijan produced 97,800 tons of fittings, up by…

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Russia: ZEMZ masters new steel product manufacture

Zlatoust Electrometallurgical Works has mastered the technique to produce round rods of heat-resistant chromium-nickel-manganese steel of EP750-SH grade.

The rods have the diameter of 85-160 mm.

It should be noted that the first batch of EP750-SH steel rods was produced back in December 2017. (Ukrainian metal)

Russia: coal and ferrous metals throughput in seaports up in January-April 2018

In January-April the throughput of Russian seaports totaled 260.1 million tons, up by 3.7% YoY.

According to the Association of Sea Trade Ports of Russia, coal throughput grew by 3.4%, to 49 million tons, and ferrous metals – by 11.1%, to 10.8 million tons. (Ukrainian metal)

Ukraine: Corum Svet Shakhtera produces shearer for Space Heroes mine

Corum Svet Shakhtera has produced a KA200 shearer for the Space Heroes mine (DTEK Pavlogradugol). According to the company statement, the shearer is used to mechanical remove coal from breakage faces. For the Space Heroes mine the Kharkiv machine-builders have constructed a special version of the machine. In particular it provides for the better watering…

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Russia: coal mining in Chukotka up in January-April 2018

In January-April Chukotka Autonomous District mined 225.8 thousand tons of coal, up by 13.2% YoY.

Beringpromugol and Ugolnaya Mine are the main coalmining companies in the region.

In particular, this year Beringpromugol intends to mine 600 thousand tons of coal.

Last year the region yielded 445.3 thousand tons of coal. (Ukrainian metal)

Russia: Neva-Metal throughput down in January-April 2018

In January-April Neva-Metal, a part of the Severstal transport segment, handled 1.042 million tons of metal, down by 3% YoY.

According to the company statement, its container throughput totaled 22 thousand TEUs.

In 2017 the company handled 3.1 million tons of metal. (Ukrainian metal)

Latvia: British Steel interested in Liepājas metalurgs’ recovery, not asset purchase

The consortium consisting of British Steel, Greybull Capital and Estonian Baltic Metal Holding is interested in KVV Liepājas metalurgs’ recovery, not the purchase of its assets, says Greybull Capital partner Daniel Goldstein. He refused to go into detail as to why the consortium exited from last year’s KVV Liepājas metalurgs sale process. He did say…

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