Russia: scrap railroad deliveries down in January 2017

In January ferrous scrap deliveries via railroad to Russian metal and pipe works totaled 0.73 million tons, down by 30.8% MoM.

At the same time deliveries increased by 55.4% YoY, to the maximum for the last 7 years. (Ukrainian metal)

Russia: Olkon 2016 results

In 2016 Olenegorsk Mining and Processing Works, a part of Severstal produced 4.1 million tons of concentrate and shipped it to the Cherepovets Iron and Steel Works. “For the first time in our history we were able to considerably improve the quality of our products. In particular we have increased the Fe contents in the…

Russia: pipe output down in 2016

In 2016 Russia produced 10.065 million tons of pipes, down by 11.5% YoY. According to the Federal Service of State Statistics, seamless pipes output dropped by 2.6% YoY, to 3.327 million tons, small and medium-diameter electric-welded pipes – by 3.6%, to 3.658 million tons, LDP – by 27.2%, to 2857 million tons. All other welded…

Russia: Rusal to issue Panda bonds

Rusal has announced that it has registered its prospectus for a Renminbi denominated bonds issue (Panda bonds), totaling up to 10 billion yuan ($1.5 billion) with a tenor of 7 years. Rusal becomes the first overseas company with global operations outside of China that is seeking to offer bonds to investors within the Chinese debt…

Ukraine: pipe production down in 2016

The key Ukrainian pipe enterprises cut ferrous pipe production by 0.5% in 2016, to 848,000 tons. A total of 67,000 tons was made in December 2016. The Ukrtruboprom association reported that the association’s enterprises cut pipe output by 10% in 2016, to 552,300 tons, making 44,700 tons in December 2016 alone. Ukrtruboprom said that Khartsyzsk…

Ukraine: Metinvest iron ore concentrate output down in 2016

In 2016 Metinvest enterprises produced 29.64 million tons of iron ore concentrate, down by 8% YoY.

Pellets output decreased by 8% YoY, to 6147 thousand tons, because of the increase of local consumption. (Ukrainian metal)

Ukraine: EU cancels steel ropes antidumping duties

Th European Commission decided not to prolong the antidumping duty on the import of steel ropes originating from Ukraine and Moldova that has been in effect since 1999.

In January 2016 EU decreased the duty for Stalkanat-Silur ropes from 51.8% to 10.5%. (Ukrainian metal)

Ukraine: coal consumption up in 2016

In 2016 thermal power plants and steam power plants increased coal consumption by 9.4% YoY, or by 2.7 million tons, to 31.338 million tons. According to the Ministry of energy and coal industry, in December 2016 coal consumption increased by 22.3% YoY, or by 575.1 thousand tons, to 3.151 million tons. In 2015 TPPs and…

Ukraine: Avdiivka Coke puts 2nd furnace into operation

Avdiivka Coke and Chemical Works is preparing to put its second furnace into operation.

As of early February 7, water supplies were stable in the town of Avdiivka.

At the same time, the works still uses only one electricity line out of four. (Ukrainian metal)

Ukraine: scrap export-import in January 2017

In January Ukraine exported 10.106 thousand tons of ferrous scrap, up 6.6 times YoY, but down MoM, as in December 2016 it exported 20.485 thousand tons. According to the State Fiscal Service, the exports increased 6.2 times, to $2.097 million. Imports in January went up 4.3 times YoY, to 1.882 thousand tons. Turkey (92.3% and…