Severstal forecasts that in 2017 the bar market will grow by 3-5%. At the same time at present the market is characterized by the decrease in consumption (by 25% from 2013 to 2016), as well as excessive capacities. In 2016 bar consumption was on the level of 7.912 million tons, with capacities loading at 62%.…
The Mogilev-based steel mill MMZ has started shipping rough-forged railway axles to Russia, Valery Fishman, Head of the Central Office for Innovations and Investments of the Belarusian Industry Ministry, reported on 30 March. According to the source, two significant projects have been implemented by the Belarusian Metallurgical Company lately. The first one is the production…
The state enterprise Electrotyazhmash has concluded three agreements with I Steel LLC for the delivery of steel valued at 102.29 million UAH. By February 22, 2018 the company will have supplied 4070 tons of sheet (1750 tons at 22.933 thousand UAH, 1140 tons at 24.586 thousand UAH and 1180 tons at 28.926 thousand UAH per…
Metal and metal wares share in the total exports to far foreign countries reached 9.1% in January 2017 (8% year ago). According to the Federal Customs Service, the monetary volume of the exports grew by 66.4% YoY, and physical – by 12%. Copper and copper alloys exports increased 2.2-fold, aluminum – by 17.6%, iron and…
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…
