Severstal-Metiz has supplied a large batch of rebar threads for the construction of port Alyat in Baku (Azerbaijan) and the bridge over the Ural River in Kazakhstan. The combined weight of the two batches is 2 thousand tons. The 7-wire threads are used as rebars in ferroconcrete structures. (Ukrainian metal)Details
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In June the largest VAT receiver among mining and metal companies was Azovstal Iron and Steel Works with 604.2 million UAH. According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works received 505.9 million UAH, and Zaporizhstal – 272.1 million UAH. Then follows Poltava GOK (141.4 million UAH), Evraz DMZ (127.3 million UAH),…Details
Kyrgyzstan should not bear losses from gold processing enterprise Altyn-Ken, the member of the Association of Mining Industry Duishenbek Kamchybekov said at a round table. According to him, the share of Kyrgyzstan from gold processing at this enterprise is 40%, and 60% is the share of the Chinese company. The enterprise was built to process…Details
The state enterprise Selidovugol has concluded two contracts with Contest System LLC on the delivery of conveyors valued at 101.6 million UAH. By April 2018 the “Ukraine” mine will have received 6 conveyors, produced by the Krasnoarmeysk works “Promyshlennoye oborudovaniye” LLC and “Company “Profit Invest” LLC. The volume of the transaction is just 0.1% below…Details
In January-June Zapadnaya Coal Company LLC (ZUK), developing the Krutoyarsky site of the Konstantinovskoye deposits in Sakhalin, mined 280 thousand tons of coal. In H1 2016 the company mined 106.314 thousand tons of coal, and 274.176 thousand tons in 2016. This year ZUK intends to mine a total of 450 thousand tons of coal. (Ukrainian…Details
Mikhail Ispolov has been appointed the CEO of OMZ-Spetsstal, and he would also work as the deputy manufacturing director of OMZ. Ispolov replaced Serge Yeroshkin, who has been the OMZ-Spetstal CEO since 2012. The new director will have to increase manufacture efficiency, decrease expenses and improve product quality. (Ukrainian metal)Details
The Kapitalnaya mine (previously mine named after Stakhanov) of the state enterprise Mirnogradugol (previously Krasnoarmeyskugol) has put into operation the fifth northern long face. The reserves of the long face are estimated at 510 thousand tons of coal, or 1 year of operation. Investments in the long face totaled 138 million UAH. In autumn the…Details
In May railroad transportation of ferrous metals decreased by 3.3% YoY, to 5.9 million tons. From the beginning of the year the railroad transported 29.8 million tons of ferrous metals, down by 0.4% YoY. Ferrous metals exports to Italy decreased by 30%, to Spain by 75% and to Egypt by 60%. At the same time,…Details
Mechel shareholders at the annual meeting decided to spend 1.426 billion rubles to pay dividends for 2016 (10.28 rubles per premium share). Thus the company will spend 20% of its 2016 profits on dividends. In 2016 Mechel for the first time received profit of 7.1 billion rubles. Last time Mechel paid dividends in 2011: 31.28…Details
Stoilensky, part of NLMK Group, has produced its three-millionth ton of pellets at its pelletizing plant, one of the largest in Europe. Launched in November 2016, the pelletizing plant was recognized as the 2016 Event of the Year in the Russian steel industry by experts at the Metal-Expo’2016 international exhibition. The plant has a design…Details
In January-June Zaporizhstal, one of the largest taxpayers of Zaporozhye region and Ukraine, produced 1.582 million tons of rolled metal, down by 8.9% YoY. Steel output decreased by 4.8%, to 1.893 million tons, pig iron – by 9.7%, to 1.67 million tons. In June Zaporizhstal produced 276.1 thousand tons of pig iron, 306.1 thousand tons…Details
In January-June Ukraine produced 9.641 million tons of steel, down from 11.916 million tons in H1 2016. Pig iron output dropped from 11.92 million tons to 9.404 million tons, rolled metal – from 10.512 million tons to 7.857 million tons. In January-May steel manufacture decreased by 17.7% YoY, to 8.708 million tons, pig iron –…Details
In January-June Ukraine produced 5.037 million tons of bulk coke, down by 22.5% YoY. In particular Avdiivka Coke and Chemical Works decreased output from 1.468 million tons to 1.272 million tons, Alchevsk Coke and Chemical Works – from 900 thousand tons to 125 thousand tons, Makeevkoks – from 503 thousand tons to 127 thousand tons,…Details