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…
The supervisory board of Russia’s republic of Tatarstan-based Alabuga special economic area approved a $250 million cold-rolled flat metal products facility to be built by Gemont Metal until July-September 2020, the area said in a statement on March 12. The first stage of the plant will have a capacity of 770,000 tons annually. It will…
By the end of the year Chinese investors will have carried out two projects. The first is the construction of the metal works by Forever Fourshing Co. Ltd. Investments will total 7.4 billion tenge. The plant will produce 300 thousand tons of metal per year, with 80% to be exported. The company intends to export…
In February Russian Railroads transported 99.8 million tons of cargo, up by 3.9% YoY. According to the company press-service, in January-February the throughput grew by 3.7%, to 203.3 million tons. In particular, in 2 months RZhD transported 60.8 million tons of coal, up by 1.1%, 12.6 million tons of ferrous metals, up by 10.3%, and…
Within the Industrialization map the South-Kazakhstan region will carry out 20 projects valued at 40 billion tenge. As the result, some 1500 jobs will be created, and the volume of industrial output will reach 920 billion tenge. In particular, according to the region governor Zhanseit Tuymebayev, a metal works will be constructed. Investments will total…