Oil and Gas, Coking Coal
The International Energy Agency (IEA) predicts an increase in world coal demand by nearly 200 million tons in the next five years - up to 5.64 billion tons in 2021.
In 2015, Kazakhstan increased the gas production by 5.2% as compared to 2014 to 45.713 billion cubic meters, the Statistics Committee reports.
Volga Group of the Russian billionaire Gennadiy Timchenko plans to sell its stake in the coal company "Kolmar" to investors from China, "Interfax" informs.
"I'm waiting for the Chinese", - Timchenko stated in response to a question about the possible sale of his stake in "Kolmar". The billionaire added that the minority owners of "Kolmar" might also sell their shares to the Chinese.
In March 2015, Ukrainian metallurgical companies plan to produce 1.9 million tons of steel. This is the forecast of Metallurgprom. At the same time, the production of cast iron will be about 1.7 million tons, and rolled metal - 1.7 million tons.
As it was previously reported, in February Metallurgprom predicted the level of the iron production about 1.6 million tons, steel - 1.7 million tons and rolled metal - 1.5 million tons.
According to a brief analysis of the mining and metallurgical enterprises operation in January 2015, the production of major products made up:
cast iron - 1720 thousand tons (average daily production was 55.5 thousand tons);
steel - 1874 thousand tons (60.5 thousand tons);
rolled metal - 1717 thousand tons (55.4 thousand tons).
In comparison with December, the production of cast iron decreased by 3% and steel - by 2%. The tolled metal shipping increased by 3%.
As compared with January last year, the level of production decreased by 25%.
In January – September, Severstal reduced steel production by 29% to 8.41 million tons compared to 11.9 million tons within the corresponding period of the previous year, concerning the sales of the American assets.
In connection with the closure of the transaction, and in full accordance with ISA standards, Severstal fully stops reflecting of the operational results of Severstal North America, and makes the amendments to the consolidated operational results of the group for the former periods.
The company increased steel smelting by 3% not taking into account production at the American plants of Severstal Columbus and Severstal Dearborn. The company closed the transaction on their sale for $2.3 billion in the middle of September 2014.