Russia Metals and Mining

In 2014, Raspadskaya increased coal production by 31%

In 2014, Raspadskaya increased its coal production by 31% in comparison with 2013 to 10.2 million tons, the company reported.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Evraz buys back early 76% of its eurobonds

Mining and metallurgical company Evraz has reported the results of redemption of its Eurobonds in accordance with offer to holders of the securities, made on December 8, 2014.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Pipe producers ask "Gazprom" to reconsider the purchase prices for the pipes.

Last year's collapse of the rouble forced pipe producers ask "Gazprom" to revise the prices of their products.
Since May 2012 "Gazprom" pays for the pipes according to the formula price. But due to a sharp change in the market the system had failed, four employees of different pipe manufacturers told "the Vedomosti". Producers had to begin negotiations with "Gazprom" to raise prices on the pipes, they state. At the same time the shipment of products does not stop.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Armenia and Russia prolong regime of duty-free supplies of fuel and gas for 2015

Protocol to an agreement dated December 2, 2013 was signed by A. Novak and E. Zaharyan. 
Let’s recall, on December 25, 2014, Armenia approved a protocol for bilateral agreement with the Russian Federation on cooperation in the supply of natural gas, oil and rough diamonds into the territory of Armenia. 

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Mechel and Evraz are the most effective exporters of coal in the world

Devaluation of coal has had a positive impact on the competitiveness of Russian coal exporters that have taken advantage in the amount of $20 per ton over their competitors from Australia and North America. Citi Group’s analysts say that over the past six months, the cost for the major exporters of coal dropped significantly - for Australian and North American by $15-20 per ton, and for the Russian by $40.
New coal conditions are favorable for Mechel, which exports 70% of coal, mined by its coal division, Evraz, which owns the Raspadskaya mine and a number of coal assets in Kuzbass. Among exporters of thermal coal leaders are SUEK, SDS ugol and Kuzbassrazrezugol, which is a part of UGMK.
In particular, Mechel agreed to expand cooperation with the China's largest steel corporation Baosteel Resources. The new memorandum suggests an increase in exports to China to 1.4 million tons of coking coal per year.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Serious changes take place in staff structure of Evraz

From January 16, changes will take place in the staff structure of Evraz. This was reported by the company’s press centre. Vladislav Zhukov will become Managing Director of Evraz Kachkanarsky mining and processing plant (Evraz KGOK) and Vyacheslav Saraev - Managing Director of Evraz Nakhodka commercial sea port (Evraz NCSP).

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

The Ukraine imported coal for $1.8 bln in 2014

In 2014 the Ukraine imported coal and anthracite for the total amount of $1.773 bln, the State Fiscal Service reports.
According to the Agency, the largest coal suppliers to the Ukraine in 2014 were Russia, USA and Kazakhstan.
Coal imports from Russia in 2014 in monetary terms amounted to $1.138 bln, from the USA - $0.324 bln, from Kazakhstan - $0.1 bln, other countries - $0.211 bln.
The export of coal and anthracite in 2014 in monetary terms made up $521.017 mln.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Severstal enters the fittings market of Finland

Severstal has been issued a certificate under SFS1268 standard for the supply of fittings to Scandinavian countries.
One of the leading Russian metallurgical companies Severstal PJSC has been issued a certificate allowing to sell reinforcing bars to Finland.
“This certificate under SFS1268 standard will give the company an opportunity  to sell reinforcing bars not only on the territory of Finland but to the Baltic countries where these products are in demand” Severstal said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

MMK increases supplies to ChTPZ

According to the MMK’s press centre, last year the dispatch of sheet metal to ChTPZ amounted to more than 570 thousand tons (including more than 460 thousand tons from Mill 5000) and is a maximum in the history of partnership between the enterprises: in 2013, 477 thousand tons were shipped to the Chelyabinsk pipe makers.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Over 1 billion rubles were allocated to upgrade Evraz ZSMK’s equipment in 2014

In 2014. Evraz ZSMK invested over 1 billion rubles in technical re-equipment, replacement and modernization of equipment. Systematic work in this direction allows the plant to increase the production efficiency, while remaining one of the leading of the rolled metal market.
In 2014, the technical re-equipment concerned virtually all parts of Evraz ZSMK.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer