Beloretsk Iron and Steel Works intends to regain its position on the market of stainless wire. According to the company statement, in addition to cooperating with electrode works, BMK works with spring works, to which it supplies wire of other steel grades. (Ukrainian metal)
DetailsThe Donetsk People’s Republic militants report that the Khartsyzsk Wire Works Silur has resumed operation. According to the Silur “director” Ivan Ivantsov, the works has orders both for local delivery and for exports. “We have raw materials, and we have orders. Our main product is ropes”, he said. In early April the Makeevka subsidiary of…
DetailsDTEK forecasts that in 2017 Donbass mines on the uncontrolled territories taken from the company will decrease coal output 2-3-fold, to 4.4-5.6 million tons. The output plan for Komsomolets Donbassa, Sverdlovantrazit and Rovenkiantrazit mines this year was 12 million tons. The Starobeshevskaya TPP consumes some 2 million tons of coal per year, and the probable…
DetailsYenakievo Iron and Steel Works, situated on the Russia-supported terrorists-occupied territory, started blowing-in its blast furnace. “After an almost 2-months break the works puts its blast furnace No. 5 into operation. The furnace will allow our rolling companies to operate for a month”, the leader of the so-called Donetsk People’s Republic Alexander Zakharchenko declared. The…
DetailsDTEK energy holding is planning to refrain from the consumption of anthracite coal and transfer its TTPs to gas coal, DTEK Director General Maksym Tymchenko said. Tymchenko noted that during his last meeting with the DTEK owner Rinat Akhmetov, the issue on the increase of gas coal production was discussed. “DTEK is transferring to gas…
DetailsOperations on Solton-Sary mine were resumed after a seasonal halt, press service of Kyrgyzaltyn OJSC informed. It is noted that the gold processing plant of the mine started working. Repairs, stripping works were conducted and about 4,500 tons of ore were mined during the planned shutdown. “The second line of the gold processing plant will…
DetailsNLMK Group witnessed a 19% growth in EBITDA in January-March. In Q1 2017, NLMK Group was able to increase sales on the EU and US markets against a backdrop of higher internal demand; and to expand export deliveries of flats, offsetting the seasonal weakening in demand in Russia. Group’s capacity utilization gained 1%, to 96%;…
DetailsMechel-Service has supplied over 250 tons of rebars for the construction of the energy complex with the new reactor Brest-OD-300 in Seversk. The construction is carried out at the site of the Siberian Chemical Works. Rebars were produced at Chelyabinsk Iron and Steel Works. (Ukrainian metal)
DetailsIn January-March Raspadskaya increased coal concentrate sales by 4% QoQ and by 11% YoY, to 1.696 million tons. The sales structure returned to its usual level (40% local sales and 60% exports) on the background of local market sales drop to 678 thousand tons. Local sales decreased by 9% because a part of Russian metal…
DetailsThe Kiev administrative court of appeals has allowed the Executive Service to once again arrest the funds of the Industrial Union of Donbass on its account in Prominvestbank in the amount of 37.407 million UAH. In September 2016, the Ministry of Justice Executive Service opened a case of recovery of $1.485 million from IUD in…
DetailsSouth Korea is prepared to impose preliminary antidumping duties on the import of ferrosilicomanganese from Ukraine, India and Vietnam. The Korea Trade Commission has completed the preliminary investigation, having found out the damage to local manufacturers done by imports form the three countries. The commission has recommended the Ministry of finances to impose preliminary antidumping…
DetailsIn 2016 Petropavlovsk received $31.7 million of net profits as opposed to $297.5 million of losses in 2015. According to the company statement, its revenue reached $540.7 million, down by 10% YoY. EBITDA increased by 16%, to $200 million. Gold manufacture prime cost dropped by 12%, to $660 per ounce. As of the end of…
DetailsIn January-March Kaz Minerals produced 52.1 thousand tons of copper, up by 16% QoQ and by 130% YoY. The group mined 16.9 million tons of ore, up by 27% QoQ and by 59% YoY, the average copper content in the ore was 0.8%. Zinc concentrate output decreased from 19.2 thousand tons in Q4 2016 to…
DetailsIn January-March enterprises of Kuzbassrazrezugol, a part of UMMC, mined 10.8 million tons of coal, including 1.5 million tons of coking coal, up by 300 thousand tons YoY. The group sold 10 million tons of coal, up by 500 thousand tons YoY, with 2.9 million tons delivered to the local consumers and 7.1 million tons…
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