Eurasian Economic Committee has fined two Russian companies for 217 million rubles. NLMK and VIZ-Stal LLC were found guilty of taking actions affecting the competition on the border markets of two or more EAEU countries. From January 1, 2005 till June 30, 2016 the companies, being a sole market participant in Belarus, Kazakhstan and Russia,…
In January-July Russia imported 107 thousand tons of steel pipe products from Germany, up 24-fold. June showed the record volumes – 53.7 thousand tons in the history of imports from Germany. In May and July imports were also considerable (some 25.5 thousand tons). Large diameter pipes account for around 95% of the imports. And they…
Belarus Iron and Steel Works is expanding the range of its exports. This year two new countries were added to the company destination. For the first time in its history BMZ has sent metal to Benin and Togo. In January-August BMZ exported to 51 countries. The largest importers were Russia, the Netherlands, Israel, Lithuania, Poland,…
In August Russia produced 4.9 million tons of pig iron, down by 5.9% YoY (4.915 million tons in July). In January-July Russia produced 40.001 million tons, down by 3% YoY. Ukraine in August decreased pig iron output by 8.8% YoY, to 1.79 million tons (as in July), and by 17.2% YoY in January-August, to 13.238…
Since its commissioning in 2003 Rosterminalugol has exported 140 million tons of coal. The 130-millionth ton was exported on May 15, on the port’s birthday. The anniversary 140-millionth ton was loaded onto Rixta Oldendorf bulker (Post-Panamax), which took onboard over 111.3 thousand tons of coal. (Ukrainian metal)
Because of the limitation of steel coils supplies from metal works, Korolevsky Pipe Works intends to shut down its manufacture from October 15. In October the company will produce 15 thousand tons of pipes. The decrease will affect all pipes sizes, produced at the works. (Ukrainian metal)
In January-July Russia imported 17.1 thousand tons of stainless steel rods, up by 25.6% YoY, valued at $4.5 million, up by 39.4%. According to the customs statistics, nickel contents mostly do not exceed 2.5%. Ukraine accounts for around 60% of all the volume, up by 8.2%. In July the average price was $2414 per ton.…
In July Metinvest EBITDA increased by 8.84% MoM, or by $13 million, to $160 million, with revenue up by 1.67%, or by $12 million, to $732 million. According to the group statement, in July it sold 265 thousand tons of semi-finished products valued at $101 million. In particular, it sold 154 thousand tons of pig…