In March railroad cargo transportation increased by 3.1% YoY, to 112.4 million tons. In Q1 transportation grew by 3.5%, to 315.7 million tons. In particular, in three months railroads carried 94.3 million tons of coal, up by 3.6% YoY, 27.2 million tons of iron and manganese ore (+2.5%), 19.8 million tons of ferrous metals (+10.8%),…
In March the Far Eastern Railroad transported 4.2 million tons of cargo, up by 2.6% YoY. Handling in Q1 totaled 12 million tons, up by 4.3% YoY. In particular, the enterprise transported 4.9 million tons of coal, 130 thousand tons of ferrous metals and 27 thousand tons of ferrous metals scrap, up by 5.6%, by…
ArcelorMittal SA, Vedanta Resources and a group comprising Russia’s VTB and top Indian steelmaker JSW Steel have bid for bankrupt steelmaker Essar Steel India, Reuters reported quoting a joint statement of the companies. Essar Steel is among a dozen of India’s biggest debt defaulters that were pushed into the bankruptcy court last year after a…
The capacities to produce galvanized and coated metal in Russia continue increasing. Soon such a line with a capacity of 400 thousand tons per year will be commissioned at Severstal. The Leningrad and Orel regions now posses polymer-coating lines with the capacity of 40 thousand tons per year. According to a survey, some 34% of…
The OECD Council approved Kazakhstan’s application to join the Organization’s Steel Committee, the press service of the country’s Ministry of Investment and Development reports. “Following the presentation of the preliminary review of Kazakhstan’s steel industry policy, which took place on September 28-29, 2017, the secretariat of the Steel Committee decided to recommend the OECD Council…
In February Ukrainian metal companies consumed 160 million cubic meters of natural gas, down by 20 million cubic meters MoM. Average daily consumption dropped by 0.1 million cubic meters, to 5.7 million cubic meters. In January-February Ukrainian metal companies consumed 340 million cubic meters of natural gas, down by 12% YoY. Average daily consumption totaled…
OrelMetallPolymer has presented a new manufacturing site. The company is located in the city of Mtsensk of Orel region. The continuous polymer-coating machine has the capacity of 40 thousand tons per year and coats steel and aluminum. The thickness of the rolled metal is 0.25-1 mm, while the width is 900-1250 mm. The plant also…
Residents of Shopokov town held a rally in Bishkek in front of the White House. The protesters appealed to the authorities, including the authorized representative of the government in Chui region, with a request to stop the work of the metallurgical plant. The appeal says that the plant is located in the center of the…
