Moscow hosted a round table on metal market situation. Among the presenters were Zhanna Pets, the ChTPZ information-analytical department director, Arthur Krasavin, Mechel-Service marketing department director, and Zhanna Raus, Dialvest development director. In particular, Zhanna Pets reported on pipe market situation, noting that in 2017 it would decrease by 1% YoY, to 9.99 million tons.…
In 2016 Azerbaijan imported 291.1 thousand tons of steel, up by $4%, valued at $176 million. According to the State Statistics Committee, ferrous metals bars imports dropped by 63.1%, to 97.73 thousand tons at $43.6 million, ferrous angles – by 39.2%, to 28.39 thousand tons at $20.4 million, and ferrous pipes – by 53.9%, to…
The Ministry of foreign affairs has prepared a decree that will toughen sanctions against North Korea. In particular, the draft presupposes the prohibition of delivery from North Korea of copper, nickel, silver and zinc and their transportation through the territory of Russia. Coal and iron ore purchases could be excluded from the list, if they…
In January Russian manufacturers increased prices by 12.7% YoY. According to Rosstat, the highest increase was observed in iron ore prices – by 21.7%. Machinery and equipment for metal industry increased in price by 16.8%, quarrying machinery – by 15.8%. Copper prices went up by 6%, pig iron, steel and ferroalloys – by 4.6% on…
According to the Statistics Committee of the Ministry of national economy, export prices in 2016 increased by 9.4% on average, import prices – by 16.4%. The highest increase in export prices was observed in zinc (by 72.8% YoY), lead (54.5%), ferrous metals (37.2%), aluminum (28.2%), coal (25.5%) and ferroalloys (24.1%). Ferrous and non-ferrous metal ores…
Because of the unsatisfactory operation of Ukrzaliznytsia last year Ukrainian metal companies underproduced 3 million tons of steel. In H2 2016 Ukrzaliznytsia operation was the worst in the last couple of years. “Ukrzaliznytsia said it ended the year with several hundred millions of profits, but the state budget didn’t receive some billion UAH because of…
The Russia-supported militants are prepared to “nationalize” major industrial enterprises, according to the head of the terrorist organization Lugansk People’s Republic Igor Plotnitsky. The so-called “parliament of LPR” has approved of the decree to make amendments to the law “On taxes”. According to it, all the companies operating in the region, but not registered in…
Transnet Engineering LTD from the South African Republic is interested in buying steel in Ukraine. “According to the Ukrainian embassy in SAR, the company is looking for suppliers of steel to be used in the manufacture of 3200 containers for the coal transportation”, the Ministry of economic development and trade reported. It should be noted…