Russia: NLMK Group opens sales office in Peru

NLMK Group, an international steel producer with operations in Russia, the EU and the USA, has opened a new sales office in Lima, Peru. The new sales office and warehouse will not only bolster NLMK Group’s position in the prospective Peruvian market but also provide convenient supply routes to the entire South American Pacific coast.…

Ukraine: Lugansk region miners paid 25 million UAH of salary debt

Lisichanskugol and Pervomayskugol miners have been paid 25 million UAH of salary debts. According to the regional administration press-service, money was transferred after the regional head Yuri Garbuz had talks with the state enterprise Derzhvuglepostach. Lisichanskugol received 10 million UAH, while Pervomayskugol was paid 15 million UAH for the coal mined. (Ukrainian metal)

Ukraine: flat-rolled metal export-import in August 2016

In August Ukraine exported $191.12 million worth of flat-rolled metal, while imports reached $60.29 million. According to the State Fiscal Service, Russia was the main importer of Ukrainian flat-rolled metal in August ($48.33 million). In January-August Ukraine exported $1208.38 million worth of flat-rolled metal, with imports on the level of $357.84 million. (Ukrainian metal)

Russia: Severstal pessimistic about output

In July-September Severstal plans to keep output volumes on the level of Q3 2015, at 2.89 million tons. “Taking into account the seasons, output volumes will be stable, on the last year levels”, said the company chairman Alexei Mordashov. In Q2 Severstal decreased steel smelting by 3% QoQ, to 2.81 million tons. In January-June output…

Ukraine: metal makers to lose $700 million

The new antidumping investigation by the European Commission as regards Ukrainian manufacturers of hot-rolled metal could result in Ukraine losing the market valued at $700 million a year. According to the head of the Verkhovnaya Rada industrial policy committee Victor Halasyuk, that’s 2% of Ukraine’s exports. “This will not only weaken the competitive positions of…

Ukraine: casting market

Ukraine produces some 200 thousand tons of castings per year. In 2015 it exported around 102 thousand tons. Russia (40796 tons, or 40.05%), Germany (8670, 8.51%), Poland (7266 tons, 7.13%), Kazakhstan (6103, 5.99%) and Czech Republic (2602 tons, or 2.55%) are the main consumers of Ukrainian castings. These countries take up 64% of Ukrainian exports.…