In 2019 Ukraine decreased ferroalloys exports by 7.8% YoY, to 833.608 thousand tons, valued at $910.172 million, down by 6.9%. According to the State Customs Service, the main customers were Italy (17.44%), Turkey (16.13%) and the Netherlands (9.61%). Last year Ukraine imported 44.411 thousand tons of ferroalloys, down by 26.4% YoY, valued at $130.522 million,…
Balakovo Iron and Steel Works intends to start producing rails. Having evaluated the possibilities of the enterprise, the new owner – Abinsk Electrometallurgical Works – has decided to construct a new shop to produce rails and beams. The company might start producing 100-meter rails. At present only two plants produce them, thus, the demand is…
The property of the bankrupt Ufaleinickel has been put up for sale for 568 million rubles. Ufaleinickel was a city-forming enterprise, employing 2.5 thousand people. The operation was suspended because of the low price of products. The initial price of the auction is 568.699 million rubles. It will decrease by 10% each 10 calendar days…
Korolevsky Pipe Works has modernized the equipment at its manufacturing and warehouse complex in the town of Togliatti. The range of round electric-welded pipes has been added to the product mix. From now on the company offers round pipes with diameter of 57 to 89 mm and the wall thickness of 3 to 4 mm.…
In 2018 Korshunovsky Mining and Processing Works produced 2.5 million tons of iron ore concentrate, up by 24% YoY. Iron ore mining grew by 3%, to 6.5 million tons. Most of the concentrate is supplied to Chelyabinsk Iron and Steel Works. (Ukrainian metal)
Russia’s gold output rose by 16.18% YoY, to 337.26 tons in January-November 2019, the Finance Ministry said citing the data on supplies to the refining plants. Mined gold output rose by 9.09%, to 266.06 tons, and by-product gold output by 21.97%, to 17.6 tons, while gold scrap production grew by 67.6%, to 53.6 tons. Silver…
NLMK Metalware, a leading fastener manufacturer in Russia, has launched a new production line with a capacity of 3,400 tons of self-tapping screws per year. The launch of the new facility will enable the company to expand its presence in the Russian fastener market, primarily through import replacement. NLMK Metalware has been manufacturing self-tapping screws…
In 2019 Ukraine increased imports of copper and copper wares by 17.9% YoY, to $124.36 million. According to the State Customs Service, exports decreased by 42.9%, to $79.668 million. In December 2019 Ukraine imported $9.995 million worth of copper and exported $6.831 million. Ukraine decreased imports of nickel by 11.5%, to $83.27 million ($5.429 million…