According to the Russian Railroads, in August transportation volumes reached 108.4 million tons, up from 107.6 million tons in July and by 2% YoY. In January-August railroads transported 857.8 million tons, up by 2.9% YoY. In particular, iron and manganese ores accounted for 77. million tons, up by 5.4%, ferrous metals – 52.5 million tons,…
The Arbitrary court of Sverdlovsk region will consider the claim of Sortstal on being declared bankrupt. The court received the relevant document on August 24. According to it, the volume of claims is 49.87 million rubles. Sortstal was registered in 2004. Its main activities were wholesale of fuel, ore and chemical materials. (Ukrainian metal)
Russian government ministries have agreed that a proposed windfall tax on metals, mining and chemical companies is inappropriate, Reuters reported citing Industry Minister Denis Manturov. “With colleagues from other ministries, we have reached a common position that as of today it’s inappropriate,” he told reporters on the sidelines of a military forum. The proposal, put…
In July Ukrainian metal companies consumed 145 million cubic meters of natural gas, on the level of the previous month. In 7 months gas consumption grew by 11%, to 1.08 billion cubic meters. Electricity consumption in July totaled 6.9 billion kW-h, up by 11% YoY. (Ukrainian metal)
Acting governor of Magadan region Sergey Nosov has discussed the construction of a metal works with the specialists of the major design institutes. He believes the non-ferrous metals are a colossal resource that can spur the development of the region, Despite the absence of gas, the region has good prospects, as there are plans to…
The volume of industrial production in Kazakhstan increased by 5.1% in January-July, the Chairman of the Committee for Industrial Development and Industrial Safety of the Ministry of Investment and Development (MID) of the Republic of Kazakhstan Almas Batanov said at a briefing. “At the end of the first seven months of 2018, the volume of…
Russia’s president Vladimir Putin does not plan an extraordinary meeting with business representatives to discuss the situation in the industry, presidential spokesman Dmitry Peskov reported. “No such meetings have been scheduled yet because the president has not approved any decision. The president agreed that the issue should be considered by the government’s experts,” he said.…
In July railroad cargo transportation grew by 1% YoY, to 107.6 million tons. In January-July transportation increased by 3%, to 749.4 million tons. In particular, in 7 months Russian Railroads transported 216.1 million tons of coal, up by 4.9%, 67.1 million tons of iron and manganese ore, up by 5.1%, 46.1 million tons of ferrous…
