Russia: metal and mining products Far Eastern railroad throughput up in March 2019

In March, Far Eastern Railroad transported 4.27 million tons of cargo, up by 1.8% YoY.

In particular, iron and manganese ore transportation grew by 9.3%, to 533 thousand tons, and metal wares – by 22.4%, to 290 thousand tons.

At the same time transportation of coal decreased by 5.8%, to 4.596 million tons. (Ukrainian metal)

Russia: BMK supplies new polymer-coated ropes to CIS and EU

Beloretsk Iron and Steel Works has supplied trial batches of steel ropes with polymer coating to Kazakhstan, Belarus, Uzbekistan, Kyrgyzstan, Bulgaria and Estonia. These ropes have higher wear-resistance compared with ropes without polymer coating. BMK is the first company in Russia to produce such ropes. Beloretsk Iron and Steel Works exported ropes with diameter of…


Russia: Sibantrazit revenue up in 2018

In 2018 Sibantrazit enterprises (Sibirsky Antrazit, Razrez Vostochniy LLC and Razrez Kiyzasskiy LLC) mined 24.1 million tons of coal and sold 23.7 million tons.

The group revenue reached 132.8 billion rubles, up 1.9-fold YoY.

Taxes paid amounted to 12.5 billion rubles, with profit tax accounting for 8.4 billion rubles. (Ukrainian metal)

Russia: Polyus gold reserves down in 2018

The gold ore reserves of Russia’s Polyus fell by 4.7%, to 64.4 million ounces as of December 31, 2018, as calculated under the JORC Code, the company said.

Mineral resources rose by 0.8%, to 191.5 million ounces. (Prime/Ukrainian metal)

Ukraine: coal imports down on Q1 2019

In January-March Ukraine imported 5.25 million tons of coal, down by 8.6% YoY. According to the State Fiscal Service, the value of the imported coal was $740.09 million, down by 2.7% YoY. In particular Russia supplied $476/95 million worth of coal (or 64.45%), USA – $212.57 million (28.72%), Kazakhstan – $31.07 million (4.2%) and other…


Russia: Rostechnadzor closes ZSMK

On March 27-29 the Siberian department of the Federal Service on Ecological, Technological and Nuclear Surveillance (Rostechnadzor) carried out an unscheduled inspection of the Zapadno-Sibirksy Iron and Steel Works. The reason for the inspection was a fatal accident at the plant on March 16. As a result of the inspection 19 violations of the industrial…