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Ukraine: coal output down in January-August 2017

In January-August coal companies output decreased by 2.444 million tons, or by 9.4% YoY. “In particular, power-generating coal production dropped by 1.338 million tons, or by 6.5% YoY, and coking coal – by 1.105 million tons, or by 19.7%”, the Ministry of energy and coal industry reported. State mines decreased output by 20.8%. “The ministry-controlled…

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Ukraine: Kolomoysky metal assets arrested

The Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…

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Russia: KUZOTsM deliveries to machine-builders up

Kamensk-Uralsk Non-Ferrous Metals Processing Works has increased sales to Russian machine-building companies. In January-August sales grew by 1.5 thousand tons, or by 71% YoY. Rolled brass and copper account for 90% of sales, rolled bronze share is 8%. Machine-builders demand rods (53%), sections and plates (21%) and rectangular wire (11%). (Ukrainian metal)

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