The Russian metal trade fair trio Tube Russia, Metallurgy Russia and Litmash Russia took place together at the Moscow exhibition center Krasnaya Presnya on May 14 to 17. 270 companies from 20 countries presented technological innovations and solutions for the requirements of industry 4.0. Next to Russia and its neighboring Eastern European countries, exhibitors primarily…
In January-March, average salary growth in metal industry was 23.9%, to 12.45 thousand UAH. At the same time the growth in industry was 25.8%, to 10.88 thousand UAH. According to the State Statistics Service, the salary fund in metal industry in Q1 was 7.32 billion UAH. Average salary for one working hour was 87 UAH,…
In May, according to RZD, railroad throughput totaled 106.3 million tons, down by 3.8% YoY. In 5 months throughput dropped by 0.7%, to 532.1 million tons. Of metal cargo 32.2 million tons accounted for ferrous metals, down by 2.5%. Ferrous scrap transportation grew by 4.7%, to 5.6 million tons. Iron and manganese ore transportation increased…
In 2017-2018 Ukrainian metal and mining companies increased investments in environment protection. In particular, expenses of the iron ore processors grew by 30.3%, to 7.3 billion UAH, and metal companies – by 25.5%, to 5.9 billion UAH. The share of the industry in the overall expenses in Ukraine increased from 17.7% to 21.4% and from…
According to the Federal Service of State Statistics, in April, industrial prices grew by 0.5% MoM, but dropped by 0.6% YtD. In metal industry, prices increased by 2.2% MoM and by 6.3% YoY, with prices in January-April up by 6.4% YoY. In particular, pig iron, steel and ferroalloys prices went up by 3.6%, copper –…
According to Rosstat, the industrial output in April increased by 4.9% YoY after a growth of 1.2% in March. At the same time, ferrous metallurgy witnessed a drop in pig iron manufacture by 3.5% YoY, rolled metal – by 4.1%, and pipes – by 2.6%, in particular, drilling pipes – by 10.9%. Primary aluminum output…
In April, transportation of metal in FGK gondola cars grew by 7% YoY, to 1.4 million tons. The share of transportation in the total volume was 13%. In particular, transportation of ferrous metals scrap increased by 50%, to 224 thousand tons, metal structures – by 20%, to 4 thousand tons, metal wares – by 11%,…
The Ministry of Economic Development has granted the status of the resident of the Prokopievsk Advanced Development Zone to the Prokopievsk Casting Plant LLC. The company intends to produce cast billets of steel and pig iron for machine building, processing factories, agriculture, etc. The total cost of the project is 7 million rubles. 20 new…
