Russia Metals and Mining

Russian Coal increases coal production in Amur region by 5%

In the first 6 months of 2019, Erkovetsky open pit, located in the Amur region, produced 1.05 million tons of brown coal.

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"Rosgeologiya" estimates Afsandur-Lamardon resources at 75 tons.

JSC North Caucasus PGO (part of JSC Rosgeologia) has tentatively estimated the resources of the Afsandur-Lamardon field within the Kakadur zone in North Ossetia at 75 tons of gold, the press servic

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Gazprombank, VEB and Sberbank to provide $ 1.79 billion to Udokhan.

Gazprombank, VEB and Sberbank will provide LLC Baikal Mining Company (BGK, Alisher Usmanov's USM Holding structure) with a syndicated loan of up to $ 1.79 billion to develop the Udokan deposit

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UGMK to receive a loan from Sberbank for 20 billion rubles

Sberank is  to provide the UGMK holding company with 20 billion rubles as a loan for development of its resource base and ensuring current activities, the press centre of UGMK reports.

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Chelyabinsk Metallurgical Plant startы overhaul of blast furnace

The Chelyabinsk Metallurgical Plant (ChMK, part of Mechel) stopped one of three blast furnaces for overhaul.

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Russian Ministry of Industry and Trade: demand for steel in Russia to grow by 1% in 2019

The Industry and Trade Ministry of the Russian Federation expects the growth of domestic demand for steel in the coming years due to implementation of national projects.

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Over 1 mln tons of coal produced at Inaglinskaya-1 concentrator in H1

Since the beginning of the year, coal mining company Kolmar produced more than 1 million tons of coal at Inaglinskaya-1 concentrator in the Neryungri district of the Republic of Sakha (Yakutia).

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NLMK begins reconstruction of steelmaking facility

The Novolipetsk Metallurgical Plant (NLMK) began a large-scale reconstruction of steelmaking units — converters and associated dust and gas trapping equipment at the converter shop No. 2.

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Russian Federal Customs Service: steel pipe imports rose significantly in May

During January-May 2019, 2.893 million tons of ferrous metals (72nd group of Foreign Economic Activity Commodity Nomenclature) were imported to the territory of the Russian Federation.

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In Q2, Alrosa settled $600 million of its short-term debt

Alrosa fully settled its short-term debt in the amount of $600 million in the second quarter. According to the company, half of the debt was repaid and the second half was refinanced.

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