Following Taiwan that in mid-January announced it would join the consultations between Japan and India on the Indian steel imports limitations, Ukraine and Russia decided to do the same. According to Russia, the import limitations, imposed by India in 2015-2016, resulted in the decrease of Russian exports to India by 38% YoY in 2016, to…
The Federal Service of ecological, technical and nuclear supervision has fined Boguchansk Aluminum Works and Sorsk Ferromolybdenum Works. BoAZ was checked on November 28 – December 23, 2016 and fined for 40 thousand rubles for illegal construction of heating power plants. While SFMZ was accused of violations of the waterworks safety operation, and fined for…
The Moscow shareholders of Rezhnickel, a part of Rusnickel, have started shutting down the works. Some 850 employees will be sent to forced vacation with two thirds of salary. Around 100 employees will be left looking after the shops. The machinery could be put back into operation as soon as the market situation improves. But…
In 2016 the Tuapse Sea Trade Port transshipped 14.1 thousand tons of cargo, down by 4% YoY. According to the port press service, ferrous metals transshipment increased by 8.1% YoY, to 2.25 million tons. A slight decrease in slab exports (by 2.3%) was compensated for by the new cargo for the Tuapse port, in particular…
In January-November 2016 Russia imported 4.04 million tons of rolled steel and pipes valued at $3120 million, down by 5.5% and by 4.8% YoY respectively. Ukraine remains the largest supplier (almost one third of total imports). Still its exports dropped by 9.5% YoY. Kazakhstan came second (21.6%), having increased its deliveries by 14.6% YoY, followed…
Prices of industrial manufacturers in December 2016 increased by 0.6%, according to Rosstat. In 2016 prices went up by 7.4% YoY. Metal companies demonstrated the highest increase in prices – by 3.6% in December, or by 18.1% in 2016. (Ukrainian metal)
Aktau city is planning to build a steelworks in the territory of Aktau Seaport. The project is to be launched from Q1. The plant will produce molded steel and cast iron items for various sectors of national economy. Progressive method – lost foam casting – will be applied at the plant. Its territory will cover…
In 2016 volumes of industrial output in Belarus totaled Br79.4 billion, down by 0.4% YoY. According to the National Statistics Committee, output volumes in mining industry reached 99.3%, in processing – 99.9%. In December 2016 industrial output increased by 5.1% YoY. (Ukrainian metal)