In the past 17 years the market of rebar ropes has grown 6-fold, to 6 million tons. According to the Armasteel director Lev Zaretskiy, the company has mastered the manufacture of a new type of rebar ropes – 10-wire ropes K10. Such ropes allow construction companies to save cement (up to 30%), replace crushed stone…
In 2017 Metalloinvest increased sales of high quality rolled metal for bridge construction by 24% YoY, to 230 thousand tons (186 thousand tons in 2016). Last year a number of major infrastructure objects constructed of the UralStal steel were commissioned, such as the bridge over the Volga River in Nizhniy Novgorod and over the Tura…
In January Ukrainian metal companies decreased natural gas consumption by 5% YoY, to 190 million cubic meters. In December 2017 the volume of consumed gas was the same, while in November 2017 – much lower – 165 million cubic meters. Electricity consumption in January reached 1.1 billion kW-h, down by 8.3% YoY, but up by…
In January Ukraine procured 279 thousand tons of scrap, up by 16% YoY, but down by 22% MoM. Of this volume domestic metal companies received 245 thousand tons, down by 20% MoM, but up by 7% YoY. Exports decreased by 35% MoM, but grew 3.4-fold YoY, to 34 thousand tons. (Ukrainian metal)
In January Ukraine produced 950 thousand tons of bulk coke, down by 6% YoY. Supplies of coke to domestic metal companies grew by 6% YoY and by 0.5% MoM. The share of imported coals was on the level of 74% – 850 thousand tons out of 1.15 million tons, and of coke – 9% (85…
In January Ukraine produced 5.39 million tons of iron ore concentrate, up by 7% YoY. Pellets output went up by 3%, to 1.94 million tons, and sinter – by 5%, to 2.84 million tons. Supplies of iron ore raw materials to metal companies in January were up by 7% MoM, but down by 2% YoY…
In 2017 Russia exported 0.1363 million tons of raw nickel, down by 26.6% YoY. Almost all the volume was sold to the far foreign countries (0.136 million tons). According to the Federal Customs Service, raw aluminum exports dropped from 3.481 million tons in 2016 to 3.208 million tons in 2017. Far foreign countries accounted for…
Russian gold producer Polyus does not expect any other strategic investor to buy a stake in the company after cancellation of a 10% stake sale to China’s Fosun, CEO Pavel Grachyov said on February 15 in a conference call. Polyus was not part of the deal. “Nevertheless, we don’t see any initiatives to look for…