In February export prices increased by 1.6% from December 2017, while import prices – by 1%. According to the Statistics Committee of the Ministry of the National Economy, iron ore ores became 14.5% more expensive, manganese ores export prices increased by 13.2%, copper – by 13.1%, coal – by 3.9% and zinc – by 2.6%.…
In January-February metal prices of industrial products increased by 2.5% YoY. In particular, in processing industry prices increased by 3.1%, and in mining – by 2% Coal prices grew by 6.2%, ore – by 3%, ferroalloys – by 16.2%, zinc – by 4.3%, ferrous rolled metal – by 4.1%, and lead – by 1%. At…
Russian companies are ready to sell more metal products via OAO Belarusian Universal Commodity Exchange (BUCE). The relevant statement was made by President of the Russian Union of Metal and Steel Suppliers Alexander Romanov during the roundtable session held to discuss the production and consumption of ferrous and non-ferrous metals in the Republic of Belarus,…
The Sumgayit Technologies Park (STP) delivered the first cargo of galvanized steel products to Germany for construction of a new plant of the German auto giant BMW in Cologne, the STP reported. “A contract for supply of the first cargo of metal products to Germany was signed with the contractor company, DMT Foundry GmbH, and…
In January-February Ukraine consumed 527 thousand tons of metal, of which 193 thousand tons, or 36.6% were imported. In January-February 2017 local market consumed 788.1 thousand tons, of which 136.1 thousand tons, or 17.3% were imported. Thus, while the consumption fell by 33%, imports grew by 42%. The share of the flat rolled metal in…
The Steel Industry Company says the prices for rolled metal in April will increase. The growth has to do with the change in the world prices, as well as the increase in metal consumption both on world and domestic markets, resulting in the shortage of steel and creating prerequisites for the price increase. Many Russian…
The Volgograd-based Spetsmetall-Volga has filed a claim to the Arbitrary Court of the Volgograd district asking to declare the Volgograd machine-building company VgTZ LLC insolvent. Because of the large debt the company, which is a part of the Tractor Works concern, could be declared bankrupt by the court. The debt amounts to 1 million rubles.…
A Group is expanding the territory of its activities and is opening a subsidiary in the city of Bryansk. The goal of the subsidiary will be to stock and supply pipes and rolled metal of the major Russian manufactures to the customers in the Bryansk and nearby regions. The size of the warehouse allows stocking…