In November the United logistics center received 13.6 thousand tons of ferrous metals for the construction of the Sila Sibiri (Power of Siberia) gas pipeline. That’s a 30.3% drop MoM and 16% YoY. In October the results were down by 30.4% MoM and up by 65.4% YoY. Steel pipes account for 81% of deliveries, including…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 427 427 415 420 November 427 427 457 457 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
The idea of creating a very large metal company is still important for Russia, USM Holding chairman Alisher Usmanov believes. “There is an oil giant. There is also a gas giant, even though with the state-controlled stake. There is a bank giant. While in the mining and metallurgical sector everything is split up. So we…
PJSC MMC Norilsk Nickel has entered into a transaction to buy copper concentrate from the state Rostec Corporation with an estimated volume of 1.5 million tons, containing base and precious metals. The transaction value will be approximately 67.5 billion rubles. The Board of Directors of the company approved of the purchase of this concentrate taking…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max min max October 390 756 415 420 November 390 756 457 457 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the…
The Ministry of economical development of Russia believes that in 2017 metal and metal wares output will grow by 1% YoY, with 1.6% and 1.8% growth forecast for 2018 and 2019. Rolled metal growth will be slower (less by 1%), but by 2019 Russia will be producing 61 million tons of rolled metal per year…
In January-November raw magnesium output in Russia went up by 2.7% YoY, and of magnesium alloys – by 1.6%. According to the Federal Service of State Statistics, in November raw magnesium output increased by 6% YoY, but dropped by 3.2% MoM. Magnesium alloys production decreased by 19.1% MoM, but increased by 10.1% YoY. (Ukrainian metal)
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499* min max October 305 305 November 320 320 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)