Kazakhstan: billet plant to be constructed

QazSpecSteel plans to invest $587 million in the construction of a plant to produce steel billets with a capacity of 800 thousand tons in Aktobe. Last week, the regional authorities signed a memorandum of understanding with the company. The timeframe of the construction has not been revealed. When the design capacity is reached, the plant…

Russia: billet export down in July 2018

In July Russia exported 1.33 million tons of billets, down from 1.36 million tons in June. In June exports dropped by 1% MoM. At the same time July exports grew by 21% YoY (from 1.1 million tons). In January-July billet exports increased by 14.59% YoY, to 9.5 million tons. Taiwan imported 27.06% (0.36 million tons)…