Russia: metal structures output down in Q1 2018
In January-March Russia produced 1.1 million tons of metal structures, down by 5.1% YoY. According to the Federal Service of State Statistics, in March the output grew by 8.2% MoM. (Ukrainian metal)
Ukraine: Bergeman appointed Evraz DMZ CEO
DCH, which bought Dneprovsky Iron and Steel Works from Evraz in March, has appointed Gennady Bergeman the company CEO till the end of the year. The decision was made on April 13, as Bergeman’s office would expire on May 3. In 2017 DMZ revenue totaled $586 million, its assets cost $153 million. The company gross…
Russia: gold output down in Q1 2018
In January-March Russia decreased output of raw and semi-refined gold, or gold powder by 1.6% YoY. According to the Federal Service of State Statistics (Rosstat), in March gold output dropped by 7.1% YoY, but increased by 1.7% MoM. (Ukrainian metal)
Russia: TMK sales up in Q1 2018
In January-March TMK sold 980 thousand tons of pipes, up by 1% QoQ and by 16% YoY. Seamless pipes sales remained almost on the level of the previous quarter, but grew by 3% YoY, to 677 thousand tons. Welded pipes sales increased by 4% QoQ and by 64% YoY, to 303 thousand tons. OCTG pipes…
Russia: metal prices up in March 2018
In March the prices of industrial goods dropped by 0.9% after a growth of 1% in February and of 0.1% in January. According to the Federal Service of State Statistics, non-ferrous metals prices increased by 4.5%, pig iron, steel and ferroalloy prices – by 2.8%, other primary steel wares – by 2.5%, and aluminum prices…
Russia: RUSAL asks for state support of primary aluminum refining
Russian aluminum giant UC RUSAL has submitted state support proposals for refining of primary aluminum to the Industry and Trade Ministry, Minister Denis Manturov reported on April 18. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, officials and companies including RUSAL. U.S. Investors were allowed to sell the shares and bonds of…
Russia: titanium sales to Boeing not to be banned
Russia’s government will not restrict sales of titanium to U.S. aircraft maker Boeing as retaliation to the latest set of U.S. sanctions, as it will hurt domestic titanium producer VSMPO-Avisma, Industry and Trade Minister Denis Manturov said. “We will not support such decisions as they will primarily hurt sales of VSMPO-Avisma. Why would we make…
Russia: ITZ to supply pipes for gas pipeline construction
Izhorsky Pipe Works will produce and supply some 18 thousand tons of large diameter pipes for the construction of pipelines, which will connect the Amur gas-processing plant with the Power of Siberia gas pipeline. According to the contract, ITZ will produce pipes with the diameter of 1420 mm and the wall thickness of 32 mm…