In November Ukrainian metal companies consumed 165 million cubic meters of gas, up by 10% MoM. According to Ukrmetallurgpromgas, in 11 months gas consumption grew by 3% YoY, to 1.6 billion cubic meters. Metal companies also consumed 10.5 billion kW-h of electricity, down by 11%. (Ukrainian metal)
In November Ukrainian metal companies were supplied with scrap at 96%. According to Ukrmetallurgprom, last month scrap-procuring companies prepared 318 thousand tons, up by 2% MoM. Of this volume local metal companies received 270 thousand tons, while 48 thousand tons were exported, up by 20% MoM. In January-November out of 3.4 million tons of scrap…
Metinvest analysts believe that in 2018 the average price of hot-rolled coils will be $517 per ton as opposed to $503 in 2017. According to Metinvest-SMC CEO Dmitry Lippa, steel billets prices will increase to $459 per ton from $431. Iron ore raw materials will cost $71 per ton (in 2017 – $65). At the…
In January-October Russia imported 5.555 million tons of ferrous metals, up by 1.49-fold YoY. Far foreign countries supplied 1.967 million tons, while CIS countries – 3.588 million tons, up from 1.296 and 2.438 million tons in 10 months of 2016 respectively. Imports of ferrous metals not counting pig iron, ferroalloys, waste and scrap also grew…
ArcelorMittal Kriviy Rih has purchased 4 large BelAZ dump trucks valued at $24 million. According to the company statement, the lifting capacity of each machine is 136 tons. Having made the purchase the company has renewed its large machinery fleet by half. “Regular arrivals of new trucks allow us to considerably increase output”, the company…
In January-November Interpipe Steel produced 779 thousand tons of steel, up by 36.2% YoY. In November steel output totaled 78 thousand tons as opposed to 52 thousand tons in October. In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)
In January-November Amur region obtained 24395 kg of gold, up by 18% YoY, or by 3682 kg. Ore gold accounts for 16215 kg, and alluvial gold – 8180 kg. Some 50 companies extract gold in the region, with the main contributors being Petropavlovsk, Priamurye Group of Companies and Priisk Solovievsky. This year Petropavlovsk intends to…
In January-October Kirov Non-Ferrous Metals Processing Works increased rolled metal output by 5% YoY. In particular, rolled copper manufacture went up by 13.5%, and copper-nickel rolled metal – by 45%. Sheet manufacture demonstrated the largest growth among product types: 14.4% YoY, with copper sheet up by 24.4%. Belt output increased by 5%. (Ukrainian metal)
