According to Igor Malyshev, director of the Fund of pipe industry development, the pipe market is still facing the problem of quality dumping, indicated by a growth of faked products sales, in particular, used pipes, which are sold as new under forged documents. The volume of the shadow market is considerable – over 1 million…
Market players expect stabilization of supply and demand in the second half of the year. Small and medium diameter pipes consumption growth is expected on the level of 5%, and seamless pipes – 3%. The second half of the year will see a seasonal increase of demand for small and medium diameter pipes, while the…
In January-April exports from Russia totaled $140.2 billion, up by 26.8%. According to the customs statistics, the share of metal grew to 10.7% from 9.9% in January-April 2017. In money terms exports increased by 36.7% YoY, and in physical terms – by 15.4%. Pig iron exports grew by 39.9%, copper and copper alloys – by…
In January-April Russian imports totaled $75 billion, up by 18.6% YoY. Far foreign countries accounted for 88.9% of all supplies, while CIS countries – 11.1%. The share of metal grew to 7.2% from 6.8% in January-April 2017. In physical terms imports increased by 26% and in money terms – by 25.2%. Ferrous metals imports grew…
KAZ Minerals has signed an agreement with Non Ferrous of China on investments into Koksay project. According to the agreement, in exchange for the investments of $70 million NFC will receive 19.4% in the project. “We have successfully worked with NFC at the Bozshakol and Aktogay construction and intend to develop our relations”, the company…
The state enterprise Lvivugol has completely cleared the salary debts for April to its miners. According to a company representative, the enterprise received a payment from the state enterprise Ugol Ukrainy (Coal of Ukraine), which allowed paying April salary in full. Soon May salary will also be paid. Earlier miners threatened to go on a…
In January-May Ukraine exported 242.684 thousand tons of titanium-containing ores and concentrate valued at $50.296 million, up by 8.6% and by 44.5% YoY respectively. According to the State Fiscal Service, the Czech Republic imported 22.92% of goods, Turkey 21.7% and Mexico 14.14%. At the same time Ukraine imported 15.457 thousand tons of ores from Senegal…
Dalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, is starting prospecting at the Khodzhasky site. By the end of 2020 the enterprise will have prospected some 179 square km. The enterprise will be looking for gold and copper. The fieldworks of 2018 will be the first stage of the prospecting…