Ukraine: rolled metal consumption up in Q1 2020

In January-March, domestic companies received 918.7 thousand tons of rolled metal, including 255.7 thousand tons (27.8%) of imported metal. In Q1 2019, domestic market received 764.1 thousand tons of metal, including 297.1 thousand tons (38.9%) of imported metal. Thus, in Q1 metal consumption grew by 20.2%, while the import share dropped by 11.1%. (Ukrainian metal)

Belarus: steel sales via BUCE up in Q1 2020

The sales of steel products via the Belarusian Universal Commodity Exchange (BUCE) went up 4% YoY, to Br334 million in January-March, spokesman for the Belarusian Universal Commodity Exchange Roman Yaniv reported. β€œThe main driving force behind the growth were three product groups: ferrous metals and their products, coal and cabling and wiring products. Purchases of…

Russia: bailiffs shut down EMZ

Bailiffs of the Krasnoyarsk region have suspended the operation of Yeniseiskiy Iron and Steel Works based on the court ruling. The manufacturing object is situated on the territory of Krasnoyarsk Iron and Steel Works. EMZ produces steel of various grades, alloys and ready-made steel components. The bailiffs halted the operation of the enterprise by shutting…

Russia: steel consumption to fall in Q2 2020

The quarantine introduced to cope with the COVID-19 pandemic, will affect steel consumption in Russia. In April-May, consumption could fall by 25%, as state expenses on infrastructure projects have fallen considerably. According to VTB-Capital analysts, in February steel consumption in Russia grew by 5% YoY, following an increase of 12% in January. In Q1 the…