1/17/17

Ukraine: Metinvest gets Ilyich-Steel shares of Mariupol Ilyich

Private limited company Metinvest B.V. (the Netherlands) has increased its share in the Mariupol Ilyich Iron and Steel Works from 74.722268% to 99

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Russia: VSMPO-Avisma investment plan for 2017

VSMPO-Avisma Corporation has affirmed the investment plan for 2017. According to the general director Mikhail Voyevodin, the total investment funds this year will reach 10 billion rubles

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Ukraine: AMKR teaches English and IT-technologies to children of its employees

PJSC ArcelorMittal Kriviy Rih continues educating children of company's employees in English and IT-technologies at specialized schools "SmartStart English with ArcelorMittal" and "SmartStart IT with ArcelorMittal"

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Uzbekistan: copper mine expansion project completed

Almalyk Mining and Metallurgical Combine (AMMC) has completed a project worth $75.2 million to expand its main source of raw material – the Kalmakyr copper-porphyry deposit, a representative of the AMMC reported

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Russia: Millhouse abandons development of largest tin field

Severnoye Olovo, controlled by tycoon Roman Abramovich's Millhouse, has returned a license for the development of Russia's largest tin deposit Pyrkakai to the government for it has decided not to develop the deposit

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Russia: Seligdar denied buying Rusolovo

The Federal Antimonopoly Service of the Russian Federation has denied the claim of Seligdar to purchase up to 75.01% of the voting shares in the tin-mining company Rusolovo

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Ukraine: government cancels scrap export contract registration

The Cabinet of Ministers of Ukraine has simplified the procedure of scrap export registration and canceled the decree on the registration. This will liberalize foreign trade and eliminate old obstacles

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Russia: no more scrap for TMK

The Pipe Metal Company, one of the world's largest pipe producers, has sold TMK-Chermet for 6.2 billion rubles. "This sale has decreased our net debt", the company said in a statement

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Kazakhstan: Shubarcol komir president appointed

Board of directors of Shubarcol komir appointed Kemal Usmanov the president of the company. Since 2003 Usmanov has been the deputy director of Kazmarganets Ore Group, and then till 2012 its director

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Ukraine: electricity consumption by metal companies in 2016

In 2016 Ukrainian metal companies increased electricity consumption by 0.02% YoY, to 28.76 billion kW-h. According to the Ministry of energy and coal industry, machine-building companies increased electricity consumption by 0

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1/16/17

Ukraine: Metinvest brings 49 new products to market in 2016

Metinvest Group's iron and steel works launched production of 49 new products last year. The rolled plate segment accounts for most of new 18 product items, and the rolled coil segment for 16 products

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Russia: Magadan gold output up in 2016

In 2016 Magadan region mined 27.9 tons of gold instead of 27.5 tons of the project target. "We have around 28 tons of gold, and this greatly increases our target indices

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Russia: TMK to increase shipments in 2017

In 2016 TMK shipped a total of 3,440 thousand tons of tubular products, down by 11.2% YoY. The decline was mainly due to lower welded pipe sales

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Russia: metal throughput at seaports up in 2016

In January-December 2016 Russian seaports handled 721.7 million tons of cargo (up by 6.7% YoY), says the press center of Association of Commercial Sea Ports

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Russia: VEB to spend $100 million to finance Udokan filed pre-FEED

Russia’s Vnesheconombank (VEB) plans to use about $100 million of the National Wealth Fund’s money in 2017 to finance pre-front end engineering and design (pre-FEED) works at the Udokan copper field, VEB CEO Sergei Gorkov reported

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Ukraine: PM proposes making current coal stocks at TPPs warehouses not running lower

Ukrainian Prime Minister Volodymyr Groysman has proposed not to run lower than the current coal stocks at warehouses of thermal power plants (TPPs), in the amount of 1

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Ukraine: BF 3 metal structures disassembly ends at Zaporizhstal

Zaporizhstal has completed the disassembly at the blast furnace No. 3 reconstruction site. The total weight of the structures disassembled exceeded 12 thousand tons

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Russia: coal mining in Kemerovo region in 2016

In 2016 Kemerovo region mined 227.4 million tons of coal, up by 5.4% YoY, including 145.1 million tons from open-pit mines. Coking coal amounted to 65 million tons, up by 3

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Ukraine: aluminum ore imports in 2016

In 2016 Ukraine imported 3.992 million tons of aluminum ore and concentrate valued at $155.15 million. According to the State Fiscal Service, the major suppliers of aluminum ore were Guinea – $94

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Russia: Vysochaishy to sell 5 tons of gold to Lanta-Bank

In 2017 Vysochaishy (GV Gold) intends to sell 5 tons of gold to Lanta-Bank. According to the company statement, it has concluded 2 agreements with the bank to sell 4

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Russia: AMZ takes loan to modernize capacities

In 2017 Asha Iron and Steel Works will go on with its program to modernize its industrial capacities. In particular, the company plans to start producing a new type of rolled metal and complete the construction of the steel thermal treatment furnace, which began in December 2016

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Russia: EU preparing new duties for Ural metal companies

Within the antidumping investigations the European Commission has started registering hot-rolled steel from Russia and Brazil. The suppliers could be hit with retroactive duties of 20-50%

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Ukraine: silicon crystals furnace explodes at Kvazar

Firefighters have extinguished the fire at one of Kvazar's shops. The fire started, most probably, because of the explosion in the furnace to grow silicon micro crystals

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1/13/17

Ukraine: metal companies not returning cargo cars to Ukrzaliznytsia

As of January 12, Ukrainian mining and metal companies are holding 38 cargo trains (2092 cars). "The cars are being held because the companies are unable to unload or load them", Ukrzaliznytsia press-service reported

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