In January, Russia exported 10 thousand tons of flat rolled aluminum, up by 1% MoM and by 17% YoY. Price dropped by 1%, to $2.9 per kg. Deliveries to Poland increased by 24%, to 3.8 thousand tons, and to USA – by 22%, to 1.3 thousand tons. Exports to Finland decreased from 922 tons to…
In January, Russia imported 301.8 tons of molybdenum ore, down by 28% MoM, but up by 48% YoY. Price dropped by 7%, to $12.4 per kg. USA, Chile and the Netherlands supplied 100 tons each. In particular, imports from USA remained unchanged, while from Chile – grew by 25% and from the Netherlands – by…
In January-February, Russia extracted 64.6 million tons of coal, down by 9.4% YoY. In particular, in January output was 33.1 million tons. The Far Eastern Railroad transported 2.6 million tons of coal, down by 119.8%. (Ukrainian metal)
In 2019, Pravourminskoye LLC, developing the tin deposit of the same name, received 82.9 million rubles of net losses as opposed to a net profit of 60.4 million rubles in 2018. The company produced 2146.8 tons of tin concentrate and sold 2183.3 tons. Sales revenue grew by 22.7%, to 1.405 billion rubles. Sales profit decreased…
Ferrostar will start constructing the plant to produce directly reduced iron at its site in the Titanium Valley Special Economic Zone in the first half of the year. In particular, the construction is expected to begin in June. Investments in the project will amount to 2.24 billion rubles. The plant will be commissioned in December…
Sukremlsky Pig Iron Works has supplied the first batch of socketless pig iron pipes for construction of the infection hospital near Moscow. The company has already shipped 3 thousand pipes and some 7.5 thousand joints, altogether more than 90 tons. The pipes are used to construct sewer system of the hospital. (Ukrainian metal)
In March, Ukraine produced 1.79 million tons of steel, down by 9.1% MoM. Pig iron manufacture decreased by 4.6%, to 1.75 million tons, and rolled metal – by 7.9%, to 1.56 million tons. In 3 months pig iron output dropped by 2% YoY, to 5.11 million tons, steel – by 3%, to 5.34 million tons,…
PJSC Magnitogorsk Iron & Steel Works, one of the world’s largest steel producers, announces that Standard & Poor’s Global Ratings has revised MMK outlook from positive to stable and affirmed the rating at BBB-. The outlook revision reflects uncertainties about near-term economic prospects, demand/supply and pricing for steel and raw materials, potential protection measures, and…