Russia Metals and Mining

In January, Russian export of semi-finished steel is the highest in the last 4 years.

In January 2014, according to the customs and the railway (of the CU countries) statistics, Russian export of semi-finished steel and preparations from unalloyed steel was 1.14 million tons, that is 19.4 % lower than in December, but 5.4% higher than in January 2013.

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MMK has mastered the production of a new type of rolled metal products.

MMK offers its customers A600S fittings made of ordinary steel with thermal hardening.
As Andrey Titov, the senior manager of regional sales of JSC "MMK" stated, MMK has successfully mastered the production of high strength reinforcement steel A600S and At800 class. Thanks to modern production line installed on the newest section mill of the 370 metallurgical plant, the whole complex of mechanical properties, which meets A600S, is achieved by adjusting the thermohardening regimes of rolled products from ordinary steel grades.

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Novatek to stop production at Mechel’s main Ural assets

The amount of the enterprise’s debt for supplied gas has exceeded 1.7 billion rubles.
Many-millioned debts of Chelyabinsk metallurgical plant (ChMK) for gas supply have forced Novatek-Chelyabinsk to apply to commercial court of the South Ural region. According to actual bills of complaint, only in October-November of 2013 the company owed over 870 million rubles. The total amount of the debt of Mechel’s enterprises, including ChMK, for delivered gas exceeded 1.7 billion rubles that makes the company the largest defaulter among industrial enterprises. At the same time, the supplier also has other problems – according to the latest information, municipal entities of the Chelyabinsk region “accumulated” the gas debt in the amount of over 600 million rubles. Experts say that stop of gas supply doesn’t threaten to municipal entities, but there are no obstacles to impose sanctions against the plant.
The chief of the Novatek-Chelyabinsk’s PR Department Irina Velizhaeva says: “Unfortunately, the Mechel’s management deviates from constructive negotiations. The talks may be said to come to deadlock”. Velizhaeva noted that the company finds stop of gas supplies the most effective measure.

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"Mechel" conducts the first test trials of a new coal transshipment complex in the commercial port Posiet.

The modernization of the production facilities in the port of Primorsk Territory will enable the company to significantly increase cargo handling in the Far East direction. The total project cost is about 4.5 billion roubles.
The first stage of the modernization of the Posiet port provides cargo growth up to 7 million tons per year. With the new cargo complex the port will be able to unload about 400 cars per day (28 thousand tons of coal) and upload about 30 tons of coal per day to the ships.

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In 2014, NLMK-Kaluga is going to produce 729,000 tons of rolled steel

The Vice President for Sales of NLMK S. Khorn tells at the All-Russian conference ‘The Russian regional metal trading’ about the operational results of the  company in 2013.

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Polymetal starts Oroch development earlier than the planned

Polymetal starts the Oroch deposit development by 4 years earlier than the planned. The deposit is located in Northern-Evensky, a remote and hard-accessible district in the Magadan region. This year they are going to construction of infrastructure at the deposit that will provide future gold production. The extracted ore will be processed at the Kubakinsky gold dressing plant located at a distance of 110 km from Oroch. They will perform open-cast mining there. Ore with lower gold and silver content will be processed directly at the deposit on the basis of heap leaching technology.

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MMK is about to increase shipment to the domestic market by 700 thousand tons in 2014

A.Titov, senior regional sales manager of MMK, said the plans of MMK for 2014 are quite optimistic, despite the pessimistic projected growth of the global and Russian economics. They are about to increase the shipment of metal products up to 700 thousand tons this year.
According to the specialist of MMK it is quite an achievable figure.

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Severstal starts to supply South Stream with pipes at the end of April.

At the end of April 2014 the enterprises of the "Severstal Russian Steel" division will supply pipes with a diameter of 813 mm for the construction of the offshore section of the "South Stream" pipeline. On Wednesday the CEO, Sergey Toropov stated in an interview with Itar-Tass that "Severstal" will deliver about 100 thousand tons of pipes just following the tender.
"The project is difficult because it is a new type of product for us, - Toropov stated. - Now we focus on the work to prepare for the mass production. There is an action plan that seeks to prevent the terms from derailing and to ensure the required quality".

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Businessman Ilya Sherbovich buys 15.46% of Chelyabinsk zinc plant’s shares for $32 million

United Capital Partners (UCP) of Businessman Ilya Sherbovich has bought 8 379.789 thousand shares (15.46%) of the largest Russian zinc producer Chelyabinsk zinc plant (ChTsZ), the enterprise reports.
The deal was concluded on February 3; previously the company didn’t own shares of the plant. On Tuesday, the ChTsZ’s securities cost 128.95 rubles per share at the Moscow exchange, and $3.845 at the London stock exchange, thus the transaction can be estimated at about $32 million.

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In January, Chukotka doubled gold production

In January of 2014, Chukotka’s enterprises increased gold mining by 114% as compared with the same period in the previous year to 2654.2 kg, and silver by 10% to 13.6 tons, a representative of regional department of industrial policy reported to the agency Prime.
All gold was mined at ore deposits; production of placer precious metals is seasonal in the region and usually lasts in May-September.

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