SteelAsia Manufacturing Corp. (the Philippines) has concluded an agreement with two Russian companies aiming at long-term cooperation with them. Under the $250 million contract Evraz will annually supply 50 thousand tons of billets to SteelAsia works in Davao City and in the Bulakan province. In Q1 the group purchased 240 thousand tons of Russian billets…
In January-March the volume of foreign trade in Kazakhstan amounted to $16.8 billion, up by 24.2% YoY. Exports increased by 30%, to $10.8 billion, and imports – by 15.1%, to $6 billion. Copper ore exports to China and Russia increased almost 3-fold (from $67 million to $182 million); coal – 2.4-fold, to $146 million to…
In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…
In January-March Russia imported 282.8 thousand tons of coated flat rolled metal, up by 9.6% YoY. This is also the highest imports volume for the last 4 years. Galvanized steel accounted for 58% of the imports, polymer-coated rolled metal – for 25.6%, the rest was tin-plate. The main supplier is Kazakhstan (44.3%, up by 60.5%…
In January-March Kazakhstan exported $10.8 billion worth of products, up by 30% YoY. Exports to EAEU countries increased by 39.2%, to $1.2 billion, with $1 billion on behalf of Russia (up by 36% YoY). Exports to Kyrgyzstan increased by 44%, to $97.5 million, to Armenia – 15-fold, to $165 thousand, to Belarus – 7-fold, to…
In January-March Seaport St. Petersburg handled 1.8 million tons of cargoes, up by 4.6% YoY. According to the company statement, the positive dynamics has to do with the increase of metal exports. In particular, throughput of ferrous metals exceeded 1 million tons, up by 57% YoY, non-ferrous metals – 0.4 million tons, up by 1.2%,…
In 2016 Russia consumed 2.6 million tons of galvanized steel and 1.9 million tons of polymer-coated rolled metal. Metal Profile Company processed and sold some 600 thousand tons of coated metal, according to the company commercial director Dmitry Andreev. The expert noted a worrying trend of thinning metal. In 2015 0.3-0.35 mm thick steel consumption…
In January-February the share of metal and metal wares in the imports from foreign countries totaled 5.4% (5.6% in January-February 2015). According to the Federal Customs Service, the cost of the products increased by 23.5% YoY, and their volume – by 30.3%. Imports of ferrous metals and wares increased by 35.3%, while pipe deliveries dropped…