Russia: Putin plans no meetings with metals firms on new taxes yet

Russia’s president Vladimir Putin does not plan an extraordinary meeting with business representatives to discuss the situation in the industry, presidential spokesman Dmitry Peskov reported. “No such meetings have been scheduled yet because the president has not approved any decision. The president agreed that the issue should be considered by the government’s experts,” he said.…

Ukraine: gas consumption in metal industry up in H1 2018

In January-June Ukrainian metal companies consumed 935 million cubic meters of natural gas, up by 11% YoY.

In June gas consumption totaled 145 million cubic meters, up by 4% MoM.

In 6 months electricity consumption reached 5.9 billion kW-h, up by 11%. (Ukrainian metal)

Russia: metal output up in Volgograd region

In January-May the metal industry of the Volgograd region demonstrated positive dynamics. In particular, alloyed steel output increased by 1.6% YoY, pipes, sections and fittings – by 16.6%. Metal companies transferred 1.1 billion rubles of taxes to the regional budget, up by almost 20% YoY. The average salary in the industry totaled 41.2 thousand rubles,…

Ukraine: metal industry to halt

The limitation of sulfuric acid imports will affect the whole economy, as the shortage of this raw material could halt the metal industry. “If, because of the lack of sulfuric acid, by-product coke plants shut down, the whole metal industry will halt as well”, Azovstal CEO Enver Tskitishvili said. According to him VostGOK and Sumykhimprom…

Ukraine: electric energy consumption in metal industry up in January-May 2018

In January-May Ukrainian metal companies increased electricity consumption by 10% YoY, to 4.93 billion kW-h.

In May natural gas consumption remained on the April level – 140 million cubic meters.

In January-May 790 million cubic meters of gas were consumed. (Ukrainian metal)

Russia: unique chromium-nickel alloy developed

The Central Scientific Institute of Ferrous Metallurgy named after Bardin has successfully carried out an import-substituting project. For the nuclear industry, machine-building, aerospace and chemical industries it has created a unique material – chromium-nickel alloy. It can be used where the improved corrosion resistance is needed. The samples were tested for over 2 thousand hours…

Russia: coal railroad transportation down in May 2018

In May the Northern Railroads transported 5.114 million tons of cargo, up by 3.1% YoY.

In particular, ferrous metals transportation increased by 2.6%, to 3.9 million tons.

Scrap transportation dropped by 4%, to 0.3 million tons, while that of coal decreased by 26%, to 1.3 million tons. (Ukrainian metal)

Russia: coal, ferrous metals and iron ore railroad transportation up in May 2018

In May West-Siberian Railroad transported 27 million tons of cargo, up by 4.2% YoY and by 14.5% from May 2016.

Coal transportation increased by 3.7% YoY, to 20.8 million tons.

Ferrous metals accounted for 649.3 thousand tons, up by 9.2%, and iron ore – 604 thousand tons, up by 8.6%. (Ukrainian metal)

Azerbaijan: metallurgical output up in January-April 2018

Goods worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in January-April, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2%, while the manufacture of finished metal products grew 2.2-fold. Azerbaijan produced 97,800 tons of fittings, up by…

Russia: Industry Ministry to help metal makers

The Ministry of Industry and Trade intends to provide state support to domestic metal enterprises to actively increase exports. “As to the metal industry, the development of exports depends on geopolitical factors. But the deep processing both in ferrous and non-ferrous metallurgy will provide for the increase of Russia’s export potential”, the minister Denis Manturov…

Ukraine: Nibulon transports metal by water

Nibulon non-self-propelled NBL-002 vessel transported the first batch of Ukrainian metal from Kamianske (Dnipropetrovsk region) to Yuzhnyi Port on April 21. Nibulon continues implementing its large-scale investment project aimed at increasing the volume of goods transported by river up to 4 million tons per year. The company plans to achieve this figure within the next…

Lithuania: Dutch company to build metal processing plant in Klaipeda

Dutch metal processing company Focus Fabrication Group plans to build a 3,800 square meter metal processing plant in the port of Klaipeda by the middle of 2019.

The plant would produce various pipe constructions by processing 10,400 kilograms of metal a day.

Exports would mainly go to Western European oil and gas companies. (BNN/Ukrainian metal)