China’s domestic rebar prices held steady on Tuesday September 17 amid falling futures and an inactive market. Domestic Eastern China (Shanghai): 3,720-3,750 yuan ($526-530) per tonne, unchanged Northern China (Beijing): 3,640-3,670 yuan per tonne, unchanged Sellers kept their prices flat to wait for more changes in the futures market, sources said. Market participants did not…
Metinvest B.V. has purchased 49.37% of Dneprovsky By-Product Coke Plant shares for $11 million. The official purchase took place in August. The coke output capacity of the plant is some 700 thousand tons per year. In January Metinvest bought 23.71% of Yzhkoks for $30 million. Dneprovsky By-Product Coke Plant received 373.62 thousand UAH of net…
In January-August Ukrainian seaports exported 16.3 million tons of iron ore raw materials, up by 36.9% YoY. In particular, the port Pivdenniy increased exports by 46.3%, to 16.1 million tons, and port Chernomorsk – 10-fold, to 181.2 thousand tons. In August export prices dropped by 20-25%, to $88-93 per ton, and exports – by 20.8%…
In January-June wholesale of metal grew by 17.3% YoY, to 2.7 million tons, valued at 48.9 billion UAH, up by 10.3%. The growth is due to the changes in the trade, including exports, as the domestic market does not show such rates. Rolled metal consumption dropped by 5.17%, to 1.97 million tons. (Ukrainian metal)
Property of a major non-ferrous metals scrap processor Vtormet Industrial Company LLC has been put up for sale with the initial price of 2.5 billion rubles. All the property (11 automobiles, manufacturing machinery, secondary raw materials, scrap and wastes) are auctioned as a single lot. The debt of 387 million rubles is also included in…
In January-August Russia increased gold output by 21.8% YoY. According to the Rosstat, in August output grew by 23.4% YoY and by 19.7% MoM. The statistics service does not disclose detailed information on gold output. (Ukrainian metal)
Cherepovets Iron and Steel Works has commissioned new laboratory equipment to study the segregation of the furnace charge when it is loaded into the sintering machines. The equipment allows studying the processes by the height of the layer in detail. The machine was designed and produced by the specialists of the coke-sinter-blast furnace manufacture. It…
In July Russia imported 116 thousand tons of manganese ore, down by 11% MoM, but up by 19.3% YoY. Deliveries from South Africa and Kazakhstan decreased by 16% and by 18%, to 84.1 thousand tons and 13.8 thousand tons respectively. Gabon supplied 17.9 thousand tons, up by 40%. In 7 months imports totaled 636 thousand…