This year steel consumption in EU is expected to grow by 1.9% YoY, just like last year. According to Eurofer, in 2019 growth demand for steel will drop to 1.4%. In 2017 steel imports to EU decreased by 1% because of the trade protection measures. Thus, imports from Ukraine dropped by 31%, from Russia –…
In 2017 Severstal delivered some 180 thousand tons of rolled metal to Russian manufacturers of household appliances and industrial packaging, up by 10% YoY. The increase has to do with the growth of the client base and consumption. “Deliveries to Russian manufacturers of household appliances increased last year by 33%, to 58 thousand tons. Having…
In 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY. According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)
ChTPZ has become the only supplier of low-temperature large diameter pipes for the construction of the Nord Stream-2 gas pipeline. In January-May ChTPZ will ship some 3 thousand tons of LDP to Nord Stream 2 AG. All the pipes will be made of low temperature steel, thus the operating temperature could be as low as…
Beloretsk Iron and Steel Works has been named a “Perfect supplier” by Autopribor, one of the largest spare parts for automobiles manufacturers. The highest supplier category has been granted to BMK for operation in Q4 2017. The companies have been cooperating for a number of years. “The title of the perfect supplier is a high…
Chelyabinsk Iron and Steel Works has mastered the manufacture of beams with corrugated vertical wall. Now ChMK can produce any type of beam available on the market. ChMK manufactures corrugated beams at the new line in the rolling shop. The capacity of the line is 400 tons per months. Corrugated beams are widely used in…
In 2017 Severstal purchased goods and services from Vologda region companies valued at 19.9 billion rubles, up by 4.5 billion rubles YoY. Small and medium business accounted for 10.5 billion rubles. The share of Vologda region in Severstal purchases increased last year from 13% to 16%. The growth is connected with the large-scale investment program…
Gold ore concentrate from Altynken field is transported to Kazakhstan, not to China, Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC said at a meeting with parliament deputy Akylbek Zhamangulov. According to him, in 2016 deputies of the parliamentary committee on the fuel, energy complex and subsoil use recommended Kyrgyzaltyn and Altynken to refuse…