In March Ukraine increased iron ore raw materials exports by 4% MoM, to 2.8 million tons. According to Ukrmetallurgprom, in Q1 exports dropped by 13% YoY, to 8.6 million tons. Iron ore raw materials delivery to metal companies grew by 10% MoM, to 2.75 million tons in March, and in Q1 – by 23% YoY,…
In March metal companies received 860 thousand tons of coke, up by 11% MoM. According to Ukrmetallurgprom, Ukrainian coke accounted for 785 thousand tons, up by 12% MoM, while imports – 75 thousand tons, flat MoM. In Q1 metal companies received 2.55 million tons of coke, up by 8% YoY, including 2.31 million tons of…
In March scrap procurers obtained 284 thousand tons of scrap, up by 2% MoM. According to Ukrmetallurgprom, of this Ukrainian metal companies received 230 thousand tons, up by 2% MoM, and 54 thousand tons were exported, up by 2%. The scrap need was only 82% covered as opposed to 93% in February. In Q1 scrap…
In May Ukraine intends to produce some 1.8 million tons of pig iron, 1.8 million tons of steel and 1.6 million tons of rolled metal. According to Ukrmetallurgprom, as of April 10, 19 out of 21 blast furnaces, 7 out of 9 open-hearth furnaces, 12 out of 16 converters, 7 out of 15 arc furnaces…
In Q1 steel output at NLMK totaled 4.33 million tons, flat QoQ, but up by 3% YoY. Capacity utilization rate grew by 3%, to 99%. Group sales in Q1 totaled 4.15 million tons, up by 13% YoY, but down by 5% QoQ. (NLMK/Ukrainian metal)
The prices of the main precious metals varied in Azerbaijan on April 13, according to the data published by the Central Bank. The cost of gold decreased by 15.963 manats, to 2278.3825 manats per troy ounce compared to the price on April 12. The cost of silver decreased by 0.1804 manats, to 28.0996 manats per…
The Magnitogorsk Iron and Steel Works (MMK) took part in the XVIII Urals Industrial and Economic Week international exhibition and the X International Industrial Forum on “Reconstruction of industrial enterprises – breakthrough technologies in metallurgy and machine building”. The events took place on April 10-12 at the World Trade Center in Chelyabinsk. As the largest…
Vladimir Potanin, one of the major shareholders of the Russian metals giant Norilsk Nickel, had rejected the so-called “shootout” for control over the company before the U.S. imposed sanctions against co-owner Oleg Deripaska, he said in an interview with The Financial Times released on April 13. “The destiny of a company like Norilsk Nickel, of…
