Evraz, Oil and Gas
Evraz has postponed a tender on the sale of “Evraz NTMP” in Nakhodka, the owner of Novoport, R. Trotsenko, said.
Evidently the deal will be held in another form, he said.
Evraz is looking for a buyer of 100% of shares of Evraz NTMP port in Nakhodka.
FAS has found the signs of violation of the antimonopoly legislation in the market of fittings.
Five Russian companies have appeared in the rating of hundred companies with the most transparent reports among developing countries, made by the international organization Transparency International. The list of the hundred most transparent companies on the developing markets includes Evraz (the 34th place), Lukoil (the 58th place), Norilsk Nickel (the 67th place), Severstal (the 74th place) and UC Rusal (the 92th place).
Evraz ZSMK has shipped about 3 thousand tons of rolled products to the Zvezda shipyard (Primorie region).
Until the end of 2016 Evraz ZSMK plans to ship another thousand tons of fittings to the enterprise.
The Zvezda plant actively uses the products of Evraz for the needs of production. The most demanded product is the fitting of AIII class out of 25G2C steel mark. Hot rolled fittings of AIII class produced by Evraz ZSMK has well showed itself among consumers due to its guaranteed strength characteristics, plasticity and welding nature.
Zvezda specializes in the repair of submarines of the Pacific fleet, and re-equipment and modernization of subsurface launch platforms.
The technical opportunities of the plant allow to produce and put in the water floating vessels with the weight of up to 13.5 thousand tons.
There is a new Cargo terminal at the Evraz Nakhodka sea trade port that unites production-loading complexes #4 and 5 located at the Astafiev cape.
The new terminal works with coal, coke, cast iron and products of metallurgical plants of Evraz.
According to the port’s management, the alliance of complexes will allow to increase the efficiency of treatment of vessels with rolled products.
We could see the effect of the new terminal the first days of its functioning, the managing director of Evraz NTMP, V. Saraev, said. The loading volumes of rolled products onto vessels significantly rose. We expect a further efficiency growth.
Last year the complexes #1 and 3 were united into the Coal terminal. It allowed to increase the efficiency by 10%, set a record of unloading (148 wagons a shift) and daily loading onto vessels (66 thousand tons of cargo) for the entire history of the port.
Now there are 2 large terminals at the port, each comprises 8 piers and is about 2 km long.
Oil extraction in Russia rose by 5.3% to 43.064 mln tons in February 2016 against Feb 2015, the Central Dispatch Management of the Fuel and Energy sector reports.
Bashneft stayed the leader on the growth of oil extraction in February. The extraction made up 1.643 mln tons, by 11.4% more than in Feb 2015.
The extraction growth in February was also shown by Gazprom Neft – by 7.8% to 4.43 mln tons, Surgutneftegas – by 3% to 4.867 mln tons, Tatneft – by 8.4% to 2.213 mln tons.
Rosneft and Lukoil managed to increase the extraction (Rosneft by 2.9% to 15.828 mln tons, Lukoil- 0.1% to 6.673 mln tons), in January they reduced the extraction results.
The signing of new agreements guarantees the long-term monetization of raw materials extraction by the affiliates of Rosneft.
Itera OGC (affiliate of Rosneft) has signed long-term agreements for gas supply to Evraz NTMK OJSC and Evraz KGOK OJSC.
The agreements presuppose gas supply to the enterprises of Evraz group beginning from Jan 1st 2016 within 10 years at the volume of 14 bln cubic m.
The agreements were signed at the presence of the head of Rosneft, I. Sechin. Today a long-term contract for the supply of almost 3 bln cubic m of gas a year to Evraz was signed in Yekaterinburg. This contract stabilizes the operation of the enterprises and the socio-economic situation will improve, I. Sechin said. The market price suits both the consumers and supplier.
Mr. Sechin said that Novatek also intended for these contracts which participated with its ideas.
Russian metallurgists reduce steel production: in June they reduced the volume by 4.3% to 5.5 million tons. The market participants explain that at the beginning of the year an abnormal demand was due to concerns of further devaluation of the ruble, caused, including, overstocking. According to pessimistic forecasts, in 2015, the demand for steel in Russia and the CIS countries will decrease by 15%. The production of pipes is growing, but Gazprom has already canceled a number of large tenders.
The production of steel in Russia again began to decline, the data of the Russian Statisctics Committee shows: in June, steelmakers reduced the output by 7.5% to 5.5 million tons. Back in May, the fall made up only 1.6%, and in April there was an increase by 0.6%. By results of the first six months, it was managed to keep the fall at symbolic 0.2% to 34.9 million tons, and rolled products - at 0.6%, to 30 million tons.
“Ruda Khakasii” has addressed FAS asking to check the price policy of the only buyer of its products - EvrazHolding.
In 2013 Evraz got rid of its loss making assets in Khakasiya having sold them to the newly founded “Ruda Khakasii” Ltd. Now this enterprise controls the assets of a number of mines and energy companies of Khakasiya and Kuzbass. In September 2014 the workers opposed the coming firing of personnel which was called the “optimization of technological and business processes”. The production at the mines of Khakasiya was stopped in the first part of May and from June 1. The company says the shutdown is explained by the price for concentrate offered by Evraz for June – it is lower than the real expenditure for production.