In April, according to the customs statistics, Russia exported 490 thousand tons of ferrous scrap to Turkey, up by 26.5% MoM and by 33% YoY. The average price on the Russian border was $280.5 per ton, up by 5.2% MoM and by 23.2% YoY. In January-April ferrous scrap exports totaled 1.6 million tons, up by…
In April Russia exported 172 thousand tons of raw aluminum, down by 43% MoM and by 19% YoY. According to the customs statistics, in January-April raw aluminum exports reached 1.01 million tons valued at $1952 million, up by 9.6% and by 31.5% YoY respectively. In April the average price was $1894.6 per ton FOB, down…
The Ministry of industry and trade is constantly monitoring the situation with Rusal and in the cities of its presence. At present “there is no danger”. The minister Denis Manturov believes that the creation of processing enterprises inside the country will be the best way to help both the industry and the company. “All the…
The current capacities of the domestic manufacturers of extrusion packing are able to cover the whole demand on the local market, which will greatly increase aluminum consumption. At present the consumption of aluminum cylinders, bottles and pipes is growing. Russian aluminum packaging is successfully used by cosmetics, pharmacological and food companies not only of Russia,…
In May Russia produced 4.465 million tons of pig iron, up by 3.9% YoY, with 4.32 million tons produced in April. In January-May pig iron production totaled 21.745 million tons, up by 0.5% YoY. Ukraine decreased pig iron output by 0.6% YoY, to 1.582 million tons (1.649 million tons in April), but increased by 7.7%…
Russian metals producer Mechel has retained 23 million tons of coal as a production target for 2018 but does not rule out underperforming, CEO Oleg Korzhov said at an annual general meeting. “The plan to produce 23 million tons of coal stands, but it will be hard to meet it as of today. We will…
Russia has sent a claim against additional U.S. import duties on steel and aluminum to the World Trade Organization (WTO), Economic Development Ministry said in a statement, citing Minister Maxim Oreshkin. “The reason for the claim is multiple WTO rule violations committed by the U.S. during the introduction of this measure. Besides Russia, China, India,…
The Pipeline Joint Taps Works, a part of ChTPZ, has mastered the manufacture of a new type of product for the nuclear energy. For the first time the works has produced hot-bent taps with the diameter of 219 mm and the wall thickness of 11 mm of stainless steel. The first batch of 18 taps,…