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Russian coking coal market
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27.08.2010 Kemerovo Region steps up coke production by 28 per cent in Jan—Jul

It reached 3.710 m t, with 282 thousand t produced  read...

27.08.2010 Mechel considers constructing new mine in Rostov Region

The plans were revealed by Sergei Mikhalev (Rostov Region, minister) who informed that Mechel  read...

26.08.2010 Bering Sea deposits estimated at 4.5 bn t of coal

Possessing enormous resources of high-energy and coking coals, the deposits have been thoroughly explored, with coal already produced at Ugol`naya Bay providing requisite production experience.  read...

25.08.2010 Zyuzin and Polin leave Mechel board of directors

Sergei Shuvalov (Mechel, head of treasury) and Alexandr Proskurin (Mechel, sales director) were appointed new members of the board.  read...

25.08.2010 Tuva Mining Company increases output by 91 per cent in the 1st halfyear

The En+ Group’s enterprise’s halfyear production amounted to 339 thousand t, Novosti news  read...

25.08.2010 Kuzbasskaya Toplivnaya Kompaniya launches concentrator at Cheremshanskiy open pit

The Kaskad concentrator with its 2-m-t of annual capacity will provide for both larger quantity and higher quality of concentrate produced from Cheremshanskiy coals.  read...

24.08.2010 This autumn, coking coal prices may grow by 10 to 20 per cent

During the summertime coke price fell from 11 down to 9 thousand roubles per ton (VAT excluded).  read...

24.08.2010 Zyuzin’s Brazilian furnace blasts

Mechel plans to buy three furnace blasts from Cosipar were announced by Interfax quoting Brazilian sources.  read...

24.08.2010 Two more SUEK—Kuzbass’ enterprises make their millions

In July, 2010, Shakhta Imeni 7 Noyabrya’s and Razrez Zarechnyy’s output exceeded 1 m t of coal.  read...

16.08.2010 Vorkutaugol’s revenue rises 2x in 1st halfyear of 2010

It reached 13.216 bn roubles due to growth of demand and to price changes, the corporate data indicate.  read...

13.08.2010 Kuzbassrazrezugol’ meets its plans

In Jan–Jul 2010, the enterprise increased coal output by 6.6 per cent (against 2009 1st halfyear) up to 27.6 m t, coking coal — by 85.7 per cent up to 2.5 m t,  read...

13.08.2010 Mechel to speak Ukrainian

Mechel board of directors decided to open an office in Ukraine.  read...

13.08.2010 Kuzbassrazrezugol’ to start developing new parcels

The project to develop new parcels at Kuzbassrazrezugol’s Osinnikovskiy coal open pit worked out by Sibgiproshakht institute was approved by Head Governmental Expert Office.  read...

12.08.2010 Belon group increases sales by 20 per cent in 1st halfyear of 2010

The sales amounted to 8.8 bn roubles, net profit — 1.7 bn roubles (against 932 m roubles of losses in 2009), EBITDA — 3.699 bn roubles, EBITDA profitability — 42 per cent, the corporate press release announces.  read...

12.08.2010 Severstal’ runs away from the U.S.A.

AMM.com (U.S.) informed that Severstal’ is ready to sell Severstal Warren, Severstal Sparrows Point and Severstal Wheeling, all—former parts of Esmark, bought by Severstal’ in August 2008 for $775 m.  read...

12.08.2010 Ukrainian Governmental Estate Fund again puts up Makiyevskiy chemical-recovery plant for sale

GEF puts into auction 157.098 m of enterprise shares (73.4 per cent of stock), of 0.05 hryvna/share nominal each, with start price of 25.52 m hryvnas, Ukrainskiye Novosti agency informs.  read...

12.08.2010 Federal Commission on Securities registers Mechel bond issues for 35-bn-roubles

Each of the 13th to 19th public subscription issues includes 5 m items of securities to get mature on 3640th day from the issue.  read...

12.08.2010 Raspadskaya’s 9th long face to be launched ahead of schedule

We are determined to launch the long face ahead of schedule, Aman Tuleyev (Kemerovo Region, governor) said at a videoconference meeting held by Vladimir Putin (Russia, PM).  read...

06.08.2010 Koks shareholders to debate underwriting issue with Citi, UBS and VTB Capital

Register of stockholders of Industrial Metallurgical Holding’s Koks JS to participate in the extraordinary meeting appointed to 09/04 is to be closed on 08/13  read...

03.08.2010 : Abashevskaya mine launches new long face

Evraz’s Abashevskaya new working face features 780 thousand t of Zh-graded  read...

03.08.2010 Belon to increase both output of coal and investments

In the 1st halfyear of 2010, MMK’s Belon invested 1.5 bn roubles in its industrial programs, planning to invest c 3.2 bn roubles more until the end of the year (3x against 2009).  read...

02.08.2010 Tomusinskiy open-pit mine increases profit 18x

Mechel’s Razrez Tomusinskiy JS 1st halfyear net profit (according to Russian accountancy standard) amounted to 495.4 m roubles (+3.3x against 2nd halfyear, +18x against 1st halfyear of 2009), corporate release says.  read...

02.08.2010 Vorkutaugol’ halfyear net profit exceeds 3 bn roubles

It increased by 21.6 per cent against the same period reaching 3.182 bn roubles (according to Russian accounting standard).  read...

02.08.2010 : Raspadskaya decreases losses

In the 1st halfyear of 2010, the company’s net losses decreased by 26.7 per cent down to 330.472 m roubles  read...

02.08.2010 Kuzbass reports 100+ m t of coal produced during halfyear

The preliminary figure, as communicated by Coal & energy department of the Kemerovo regional government,  read...

30.07.2010 Mechel Mining corrects its 2.36 bn shares follow-on offering

Federal Service for Financial Markets registered the correction.  read...

28.07.2010 Shakhta Yuzhnaya and Razres Cheremnova win two Kuzbass coal parcels

SDS Ugol’s Shakhta Yuzhnaya won permit to explore and develop 2.99 sq km Lugutinskiy parcel (Kemerovo District, Kemerovo Region) for 31.9 m roubles, its reserves estimated as c 9 m t of K-graded C1+C2-categorized (according to Russian nomenclature) coal.  read...

28.07.2010 Kirovskiy Glubokiy parcel to be auctioned 10/14

The parcel is situated at Leninsk-Kuznetsk District and the town of Leninsk-Kuznetsk.  read...

28.07.2010 NMDC may buy $400 m worth of assets from Prokhorov’s Kolmar

Two deposits of coking coal featuring 353 m t of coal reserve may be sold to the Indian company, Reuters informs.  read...

28.07.2010 Belon to triple investments into production in 2010

In the 1st halfyear of 2010, MMK’s Belon invested 1.5 bn roubles (VAT excluded) into growth of production, planning to direct c 3.2 bn roubles in the 2nd halfyear thus tripling its investments against 2009, the corporate press service informs.  read...

27.07.2010 Two more Ulug-Khem parcels to be sold

Zapadnyy parcel features 496.7 m t of C1+C2-categorized balance reserve (according to Russian nomenclature), plus 102 m t of off-balance one.  read...

26.07.2010 107 coal enterprises to be closed down in Ukraine

Ukrainian government commenced large-scale liquidation of unprofitable mines,  read...

26.07.2010 Kazakhstan plans to produce up to 145 m t of coal

Ministry of industry and new technologies works out the project of coal industry development though  read...

23.07.2010 Tulachermet cashes cast iron

Industrial-and-Metallurgy Holding’s Tulachermet cashed 447 m roubles of net non-consolidated profit in 2Q2010  read...

22.07.2010 Mechel increases coal and steel production

Output of coking coal concentrate have increased in 1Q2010 by 29 per cent, of metal-making coal—by 111 per cent,  read...

22.07.2010 UIC ready to sell up to 75 per cent of Elegestskoye deposit stock

Managers of Sergei Pugachov’s United Industrial Corporation negotiated sell of Yenisey Industrial Company, which posses license to develop the deposit, with representatives of Mitsui (Japan) who had visited the deposit heretofore.  read...

21.07.2010 : Limits for foreign participation in Russian strategic deposits may rise

The limit may be lifted from 10 to 20 per cent, Andrei Tsyganov (Federal Antimonopoly Service, deputy head) informs.  read...

20.07.2010 Zaporizhstal’ to produce coking coal in Russia

The Ukrainian metal-making holding plans to launch Bystryanskaya 1–2, a mine in Rostov Region  read...

20.07.2010 Russia cuts coal output

In June 2010, Russia produced 23.3 m t of coal (–4.2 per cent against the last month), Russian Statistics Service discloses.  read...

20.07.2010 Ukrainian chemical-recovery plants increase import of coking coal

In Jan–Jun 2010 their import amounted to c 4.8 m t (+44 per cent against Jan–Jun 2009), 875 thousand t of June included  read...

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