In January-June Ukrainian power companies imported $1.257 billion worth of coal, up 1.8-fold YoY. According to the State Fiscal Service, Russia supplied 50.2% of the coal, USA – 27% and Canada – 8.7%. Russian share increased to $631.1 million from $446.3 million in January-June 2016. US increased sales from $95.9 million ton $340.5 million. Canada…Details
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By 2019 the city of Cherepovets will have constructed the new works to produce metal structures and process metal. The works will be constructed on the Cherepovets Industrial park site. Private investments are planned in the volume of 700 million rubles across three stages. The works will create 170 jobs. The works with two shops,…Details
Three people were killed as a methane blast rocked the Zapolyarny copper and nickel mine of Norilsk Nickel, the company said in a statement on July 7 citing preliminary data. “According to preliminary data, vapors of methane exploded during construction works. Preliminary data show that three workers died at the site of the blast and…Details
Rosterminalugol JSC throughput in January-June grew by 43% YoY, to 11.3 million tons. In June the terminal exported 2.2 million tons. In 2016, throughput of Rosterminalugol grew by 3.4% YoY, to a record high result of 18 million tons (over 60% of coal transshipment in the ports of Russia’s Baltic Basin). In 2016, Managing Port…Details
In January-June Neva-Metal CJSC (stevedoring company of Severstal) handled about 1.6 million tons of cargo, which is close to the result of January-June, the company said. In the reporting period, the company’s container throughput totaled about 48,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal…Details
Ukraine’s Cabinet of Ministers has created an interagency working group to tackle the crisis situation in coal industry. Resolution No. 450 dated June 21 has been posted on the government’s website. The deputy prime minister of Ukraine has been appointed head of the group and the energy and coal industry minister is his deputy. (Interfax-Ukraine/Ukrainian…Details
The auction to prospect, develop and mine gold at Kedrovskiy site in Khakasia failed, as there was only one offer – from ZapSibNK LLC. The starting price of the site with the reserves of 77 tons was 60.946. The license would have been granted for 25 years. (Ukrainian metal)Details
In June Russian metal companies shipped 1.15 million tons of metal to the local market via railroad, down by 7% MoM and by 0.8% YoY. In May deliveries increased by 6.9% MoM and by 0.7% YoY. In January-June railroad deliveries of metal totaled 6.87 million tons, up by 2% YoY and by 0.7% from the…Details
The Good Price Appraisal Company has evaluated the assets of Guryevsk Iron and Steel Works (Kemerovo region). According to the company, GMK assets are valued at 822.66 million rubles. The works is in the bankruptcy proceedings, and the court hearings are scheduled for November 14. The real estate of the works is estimated at 6.47…Details
The repair of the copper furnace at Kyshtym Electrolytic Copper Plant has been finished in advance. The annual repair was expected to last for 112 hours, but was finished 6 hours earlier. The 64 employees of the company in three shifts removed 300 tons of refractories and then assembled 300 tons of new brickwork. (Ukrainian…Details
Ural Turbine Plant will supply a steam turbine T-42/50-2.9 to Magnitogorsk Iron and Steel Works. The turbine, capacitor, generator, heaters, pump equipment and pipelines will be assembled at the central electric plant of MMK. All the machinery will be supplied in Q2 2018. The new turbine will replace the AT-25 turbine, produced by the Ural…Details
Chelyabinsk Iron and Steel Works has received the certificates of correspondence of two rebars types to the Belarus standards. The certification allows ChMK to supply rebars to Belarus. The BelCertificate specialists checked the manufacturing process at ChMK and inspected the technological chain of the production of S240 rebars with 8-22 mm diameter and S500 rebars…Details
The NLMK Group bars division has opened up its first retail warehouse in Yekaterinburg. The new site will allow the company to supply small batches of rolled metal and metal wares to its clients. The first sales have already taken place. The warehouse boasts two cranes with the lifting capacity of 10 tons, a large…Details