Russia: coal exports up in Q1 2018
Export of Russian coal in January-March increased by 6.8% YoY, to 44.42 million tons, the Ministry of Energy said.
In March coal exports from Russia totaled 15.638 million tons. (PortNews/Ukrainian metal)
Russia: KUMZ commissions second stage of rolling complex
Kamensk-Uralsky Iron and Steel Works is commissioning the second stage of the rolling complex. The commissioning is carried out according to the schedule. The project will provide the manufacture of qualitatively new semi-finished products and increase the share of Russian wares of aluminum-lithium alloys in the total volume of supplies both to major local and…
DetailsUkraine: 3 metal processing companies in Zaporozhye fail checks
The working group of the Zaporozhye region state administration has carried out checks of the local companies dealing with metal processing, as well as their collection centers and manufacturing sites. 13 enterprises were checked. Of them only one – Razvitiye-SV – corresponded to all the legislation norms. The Khormet company will be checked again. At…
DetailsRussia: mining and metal railroad transportation mostly up in Q1 2018
In March railroad cargo transportation increased by 3.1% YoY, to 112.4 million tons. In Q1 transportation grew by 3.5%, to 315.7 million tons. In particular, in three months railroads carried 94.3 million tons of coal, up by 3.6% YoY, 27.2 million tons of iron and manganese ore (+2.5%), 19.8 million tons of ferrous metals (+10.8%),…
DetailsRussia: Neryungry-Metallik to spend 2 billion rubles on development
In 2018 Neryungry-Metallik LLC will invest some 2 billion rubles in development and machinery modernization, up by 22% YoY. In particular, 990 million rubles will be spent to support and develop manufacture, including 570 million on capital repairs. Prospecting will receive 130 million rubles. Last year the company operated at three deposits: Gross, Tabornoye and…
DetailsRussia: coal handling by Far Eastern Railroad up in Q1 2018
In March the Far Eastern Railroad transported 4.2 million tons of cargo, up by 2.6% YoY. Handling in Q1 totaled 12 million tons, up by 4.3% YoY. In particular, the enterprise transported 4.9 million tons of coal, 130 thousand tons of ferrous metals and 27 thousand tons of ferrous metals scrap, up by 5.6%, by…
DetailsRussia: KMEZ finishing modernization of copper electrolysis shop
Kyshtym Electrolytic Copper Plant will in April receive a modern system of two universal and two buffer conveyers to transport anodes to the copper electrolysis shop. The new machinery will unite all the current and additional rows of electrolysis baths into one chain. Thus, the project of the shop modernization will be complete. The project…
DetailsUkraine: Luganskugol among largest wage debtors in Kiev
The department of the Main territorial service of justice in Kiev has published a list of the largest salary debts among companies in the capital. In particular, the state enterprise Luganskugol, which has been reregistered in Kiev, owes its employees 2.5 million UAH. This is the only metal or mining company in the list. Among…
DetailsUkraine: VAT reimbursement to metal companies in March 2018
Metal companies received the most VAT reimbursement in March. According to the State Treasury, ArcelorMittal Kriviy Rih received 1.303 billion UAH, while there was no reimbursement to the works in February. It is followed by Mariupol Ilyich Iron and Steel Works – 675 million UAH (471.5 million UAH in February) and Zaporizhstal (419.5 million and…
DetailsUkraine: coal production up in March 2018
In March Ukrainian coal production reached 2.996 million tons of coal, which is 107% of the planned targets, the Trade Union of Coal Mining Industry of Ukraine informed with a reference to the Energy and Coal Industry Ministry. In particular, the production of coalmines managed by the Energy Ministry made up 389,419 tons, which amounted…
DetailsRussia: iron ore transportation up in February 2018
In February Russian railroads transported 8.5 million tons of ore, up by 3.7% YoY. Since the beginning of the year railroads have transported 17.7 million tons of ore, up by 4% YoY. Transportation on local destinations increased by 10%, while exports dropped by 30%. China showed the main decrease – by 200 thousand tons. Iron…
DetailsRussia: Evraz NTMK produces rolled metal for new MMK sinter factory construction
Evraz NTMK has produced over 7 thousand tons of rolled metal for the construction of a new MMK sintering factory. Flanged beams and steel rounds accounted for the main part of the metal supplied. The metal is used for the construction of main structures in the sinter shop, the sintering machines No. 1 and 2…
DetailsRussia: Anzhu buys site with 1 ton of gold
Anzhu LLC has won the right to develop the alluvial gold site at the Nyamnyagindja Brook in Yakutia. ADK LLC and Poisk Zoloto also participated in the auction. The auction ended with the bid of 227.997 million rubles. The C1 reserves of the site are estimated at 1042 kg of gold. The size of the…
DetailsRussia to complain to WTO about US import metal duties
Russia plans to file a complaint to the World Trade Organization (WTO) against Washington’s decision to introduce import duties on steel and aluminum, but does not plan any direct countermeasures, Deputy Industry and Trade Minister Viktor Yevtukhov declared on April 3. “The issue here is not only in introduction of retaliatory duties, there is a…
DetailsRussia: ArcelorMittal and VTB among India Essar Steel suitors
ArcelorMittal SA, Vedanta Resources and a group comprising Russia’s VTB and top Indian steelmaker JSW Steel have bid for bankrupt steelmaker Essar Steel India, Reuters reported quoting a joint statement of the companies. Essar Steel is among a dozen of India’s biggest debt defaulters that were pushed into the bankruptcy court last year after a…
DetailsLatvia: Liepājas metalurgs equipment sold for 1.6 million euros
Smart Stahl GmbH (Austria) has confirmed the purchase of the rolling mill from the insolvent KVV Liepājas metalurgs for 1.6 million euros.
The equipment will be handed over to a trade company, created by Smart Stahl.
The deal will be finalized in early May. (Ukrainian metal)
Russia: Severstal to spend 8 billion rubles to raise flat rolled metal output
Russian steelmaker Severstal plans to invest 8 billion rubles to increase output of flat hot-rolled and cold-rolled products by 500,000 tons and to launch a new product, rolled metal with a width of 1,850 millimeters, the company said in a statement on April 3. Severstal plans to buy and upgrade equipment, and has already signed…
DetailsRussia: Kola to develop Severniy mine until 2060
Severniy Mine, the main supplier of raw materials to Kola Iron and Steel Works, will be in development until 2060. “We intend to further develop the south underground site and reach the next horizon – 740 meters, which will allow us to prolong its operation till 2060”, Kola mineral and raw materials complex deputy CEO…
DetailsBelarus: Russian companies eager to sell more metal via BUCE
Russian companies are ready to sell more metal products via OAO Belarusian Universal Commodity Exchange (BUCE). The relevant statement was made by President of the Russian Union of Metal and Steel Suppliers Alexander Romanov during the roundtable session held to discuss the production and consumption of ferrous and non-ferrous metals in the Republic of Belarus,…
DetailsAzerbaijan: price of precious metals increases
The prices for the main precious metals increased in Azerbaijan, according to the data published by the Central Bank. The cost of gold increased by 7.0295 manats, to 2260.337 manats per troy ounce in Azerbaijan compared to the price on March 30. The cost of silver increased by 0.1057 manats, to 27.931 manats per ounce.…
DetailsUkraine: Bakhmut Works commissions new line
Bakhmut Non-Ferrous Metals Processing Works has put into operation a new line of continuous extrusion and vertical casting. The company invested $2 million in the project. The new machinery will increase rolled copper output. The Bakhmut Works is one of the largest companies in Europe. It can produce over 1 thousand types and sizes of…
DetailsArmenia: metal output down in January-February 2018
In January-February Armenia decreased metal output by 10.8% YoY. According to the National Statistics Service, ferromolybdenum output dropped by 38.6%, to 713 tons, with 368 tons produced in February, up by 6.7% MoM. Molybdenum concentrate manufacture decreased by 0.7%, to 1791 tons (834 tons in February, down by 12.9% MoM). Converter copper output grew by…
DetailsRussia: Rosgeologia preparing for gold season in Khabarovsk Territory
Dalnevostochnoye PGO, a part of the state geological holding Rosgeologia, in the new season will start prospecting works at three promising gold sites in Khabarovsk Territory. By the end of the year the prospectors will have to complete the research at the Poniysky site. The prospecting for the gold-quartz and gold-copper-porphyry ores on the site…
DetailsRussia: UEM commissions vehicle-repair shop
Uralelectromed has completed the construction of the transport machine repair shop. “The shop has all the necessary machinery allowing to carry out repairs of any complexity. We can repair a dozen machines at the same time”, the shop director Sergey Popov noted. The new shop was created on the basis of the reconstructed premises of…
DetailsRussia: ZTZ buys strip carrier fleet
In February in order to secure economic safety and stable position on the market Zagorsky Pipe Works purchased strip carriers. The number of wagons and the sum of investments are not disclosed. The wagons can provide for the transportation of over 50 thousand tons of rolled sheet per month. This corresponds to the maximum need…
DetailsUkraine: Metinvest selling AMKR rebars
Last year the volume of the Ukrainian metal market increased by 5-6%. This year Metinvest expects the increase of consumption by 8%. “We hope that the infrastructure construction and the metal processing industry will help in that”, Metinvest sales director Dmitry Nikolayenko said. The company has a developed sales network, selling historically high volumes of…
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