Russia: Ruspolymet to launch 1.14-billion ruble powder steel plant by 2018

Russian metallurgical company Ruspolymet plans to launch a 1.14 billion ruble plant to produce powdered high-speed steel billets for metal-cutting tools in the Sarov technological cluster in the Nizhny Novgorod region, the company’s board of directors chairman Viktor Klochai announced. The project will be implemented by Ruspolymet’s subsidiary Grankom under state industrial corporation Rosatom’s scientific…

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Ukraine: Mariupol works decrease output by 10% because of blockade

In February Mariupol Ilyich Iron and Steel Works and Azovstal, both parts of Metinvest, decreased output by 10% because of the ATO zone railroad blockade. “Avdiivka Coke and Chemical Works receives electricity from Zuyevskaya TPP, situated on the uncontrolled territory, but registered in Ukraine. This power plant can only use coal mined in Pavlograd and…

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Ukraine: coal stocks at TPPs down

Coal stocks at Ukrainian thermal power plants on February 6-12, decreased by 4.9%, or by 79 thousand tons, to 1.53 million tons. Gas-group coal stocks dropped by 8.4%, or by 63 thousand tons, to 688 thousand tons (with 121 thousand tons at Burshtyn TPP). Anthracite coal stocks decreased by 1.8%, or by 16 thousand tons,…

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Ukraine to stop using anthracite in 2 years

The minister of energy and coal industry Igor Nasalik believes, that in 2-2.5 years Ukraine could completely stop using anthracite coal in energy sphere. According to him, the decision to switch thermal power plants from anthracite to gas-group coal was taken by the ministry after the coal supplies from the uncontrolled territories were stopped in…

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Ukraine: SPF confirms fulfillment of privatization obligations by AMKR

State Property Fund of Ukraine (SPFU) has confirmed the fulfillment of investment obligations by ArcelorMittal Duisburg Beteiligungsgesellschaft mbH (owner of 95.13% shares of ArcelorMittal Kriviy Rih) in 2016 according to Sale and Purchase Agreement. SPFU conducted the inspection at ArcelorMittal Kriviy Rih on February 7-10. This is the 18th inspection of SPFU conducted directly at…

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