Some private Ukrainian companies are buying power coal in Russia at $78-82 per ton. But, according to the minister of energy and coal industry Igor Nasalik, these deliveries could be stopped at any moment by a decision of a single person. “I can not say that Russian coal is cheap, but some companies do buy…Details
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According to the Federal Customs Service, in January-June Russia exported 20.713 million tons of ferrous metals, down by 3.5% YoY. In particular, exports to far foreign countries amounted to 17.75 million tons, up by 6.3%, valued at $7.4 billion, while exports to the CIS countries increased by 18.2%, to 2.96 million tons ($1.5 billion). Steel…Details
By the end of 2017 Kimkano-Sutarsky Mining and Processing Works will have reached its full capacity of 3.5 million tons. “Each day the works sends out some 100 railroad cars with 6 thousand tons of ore. The iron ore concentrate mostly goes to the South-East Asian”, the company CEO Yuri Makarov said. KSGOK intends to…Details
The Eurasian Economic Commission department of the local market protection has prolonged the antidumping investigation on the imports of hot-rolled steel angles from Ukraine. The investigation term has been prolonged until October 10. In early July the investigation proved the existence of dumping. It was suggested to impose an import duty of 37.89% on the…Details
On August 4, PJSC ArcelorMittal Kriviy Rih, the biggest steel and mining company of Ukraine, celebrates its birthday. 83 years ago that day the first blast furnace of Kriviy Rih steel plant was blown in and produced the first hot metal. Nowadays PJSC ArcelorMittal Kriviy Rih is a part of the international ArcelorMittal company, which…Details
Kumtor Gold Company has released the Annual Environment and Sustainability Report for 2016, Media Relations Department of KGK reported. The task of the report is to inform government agencies, the non-governmental sector and the public of the country about the state of environmental activities at the mine and about the environment protection activity of the…Details
Russia: construction of new solid waste landfill at Bystrinsky Mining and Processing Plant completed
As part of preparations to launch the Bystrinsky Mining and Processing Plant, Nornickel has completed construction of a modern landfill site for solid waste. Designed to eliminate the plant’s environmental footprint, it is the only waste disposal site in the Trans-Baikal Territory today that is fully compliant with all sanitary regulations. Nornickel treats environmental protection…Details
According to Zaporizhstal CEO Rostislav Shurma, employees start leaving Ukraine because of the adoption of the visa-free regime between Ukraine and the European Union. “We have the problem of personnel leaving. We believe it has to do with the visa-free regime. Our task is to organize the work in such a way as to keep…Details
Zaporizhstal intends to continue the reconstruction works and produce 4 million tons of steel per year. According to the company CEO Rostislav Shurma, in the past 5 years Zaporizhstal has invested some 6 billion UAH into modernization, which allowed it to settle important environment issues. “We have almost completely renovated our blast furnace shop. 3…Details
Ormet has started preparing the territory of the Luchistoye deposits for the quarry construction. In August the company will construct electricity lines, a substation and inner power grid. Investments into power infrastructure will total 2 million rubles. Equipment for the substation will cost around 4.6 million rubles. The first power objects will be commissioned in…Details
In January-June Kinross Gold produced 289.391 thousand ounces of gold at its Kupol and Dvoynoy deposits in Chukotka, down by 29.9% YoY. The scheduled decrease in output has to do with the processing of leaner ores in Q2. The company has started taking samples at the Sentyabrskoye deposits. Moroshka deposits are being prepared for operation.…Details
In January-June the net profit of Ruspolymet decreased 2-fold YoY, to 201.3 million rubles. The company earnings increased by 15%, to 4.1 billion rubles, sales profits dropped by 15%, to 728.1 million rubles. EBITDA decreased 1.6-fold, to 273 million rubles. According to the company statement, its accounts payable totaled 4.479 billion rubles as of late…Details
MEGA-stal (Moscow region) has completed the manufacture modernization. Now the company operates a new shop to produce electric welded pipes without the circular seam according to GOST 20295×85. The pipes are manufactured in the 630-1020 mm diameter. (Ukrainian metal)Details