Russia: corrosion-resistant seamless pipes imports up in January-May 2018

In January-May, according to the customs statistics, imports of seamless pipes of corrosion-resistant steel totaled 22.1 thousand tons valued at $61 million, up 2.9-fold and 1.6-fold YoY respectively.

This is the largest volume of imports in the past 7 years.

The main supplier is Kazakhstan (60%), followed by China (19%) and Ukraine (5%). (Ukrainian metal)

Russia: Severstal recommends paying dividends for Q2 2018

Severstal board of directors has recommended paying dividends for April-June in the amount of 45.94 million rubles.

The voting on the issue will be held at the next shareholders meeting scheduled for September 14.

The list of the shareholders entitled for the dividend payment will be created on September 25. (Ukrainian metal)

Russia: ZEMZ masters production of slabs of new stainless –nickel-based alloy

Zlatoust Electrometallurgical Works is carrying out a campaign to expand grade and size portfolio. Each month manufacture of a new type of product is mastered. In July the company started producing corrosion-resistant alloy on the basis of nickel. According to the tests, the quality of the slabs corresponds to all the technical conditions and GOST…

Russia: Izhstal output up in H1 2018

In January-June Izhstal produced 224 thousand tons of metal products, up by 9% YoY. Rolled metal manufacture increased by 12%, to 193 thousand tons. Sales of steel with special treatment of surface grew by 8%, of stainless grades without nickel – by 43%, and of speed steel – by 18%. Sales to the machine-building enterprises…

Ukraine: coal output down in H1 2018

In January-June Ukraine mined 16.495 million tons of coal, down by 10.5% YoY. According to the Ministry of energy and coal industry, coking coal mining decreased by 8.2%, to 3.205 million tons and power-generating coal – by 11.1%, to 13.293 million tons. In June coal output dropped by 1.7% YoY, to 2.599 million tons. The…

Kazakhstan: Kazakhmys copper output up in H1 2018

In January-June Kazakhmys produced 123.056 thousand tons of copper cathodes, down by 2% YoY.

The copper contents in the ore dropped from 0.94% to 0.93%.

In mid-term Kazakhmys intends to increase copper output to 250 thousand tons per year. (Ukrainian metal)

Russia: metal structures market improving

According to the Association of the stele construction development (ARSS), in Q1 metal structures for construction output increased by 10% YoY. Since 2011 the growth has reached 29%. The Far Eastern Federal District demonstrated the highest growth – 2-fold. Since the beginning of the year the number of construction agreements concluded in Russia has increased…

Russia: TMK pipes sales up in Q2 2018

In April-June TMK sold 1.075 million tons of pipes, up by 10% QoQ. In H1 the combined pipe sales grew by 14% YoY, to 2.056 million tons, mostly because of the sales growth in America. TMK retains its forecast for this year unchanged and expects OCTG pipes demand in Russia to remain on the high…

Ukraine: EMSS produces rolls for ABB

Energomashspetsstal has supplied a batch of rolls to ABB.

“In June EMSS shipped 183 tons of rolls to Finnish and Polish metal makers. The parts will be used in engine manufacture”, the company said.

The rolls were delivered by automobiles and via railroad. (Ukrainian metal)