Azerbaijan is closing down its Steel Production Complex. Azerbaijani Steel Production Complex was created in April 2013 to design, construct and manage the steel-manufacturing works. The complex had to deal with ore mining through steel-smelting. By 2018 Azerbaijan also planned to have created several works and shops to be managed by the complex, in particular…
Merchandise export via the Belarusian Universal Commodity Exchange (BUCE) rose by nearly 30% in 2016, BUCE Press Secretary Roman Yaniv reported. According to the source, the sum of export deals facilitated by the Belarusian Universal Commodity Exchange totaled Br629 million in 2016, up by 29% YoY. The export of metal products rose by 7% primarily…
The volume of coal transported via LDz infrastructure increased significantly in December 2016 –by 28.4% YoY. Overall, LDz transported nearly 16 million tons of coal in 2016. «A significant increase is also noticed in the ferrous metal segment – 43.1% YoY», LDz reports. 2.2 million tons of coal was transported in December 2016. LDz had…
In 2016 Russian railroads transported 1.222 billion tons of cargo, up by 0.6% YoY. In particular coal transportation grew by 1.7% YoY, to 328.6 million tons, iron and manganese ore – by 0.5%, to 109.5 million tons. At the same time transshipment of ferrous metals dropped by 0.5% YoY, to 71.01 million tons. (Ukrainian metal)
In 2016 Ukrainian metal manufacturers increased prices by 35.7% YoY. In 2015 prices grew by 25.4% YoY, in 2014 – by 31.7%. According to the State Statistics Service, coal and metallic ore prices saw the largest increase – by 18.6% and by 18.9% YoY. In December 2016 iron ore prices grew by 20.4% and of…
In 2016 prices of the companies in the processing industry grew by 19.6%, in mining – by 14.1%. The wares produced became more expensive by 16.8% YoY, and services – by 3.6%. The largest increase was observed in ferroalloys – by 54%, lead – by 51.9%, rolled ferrous metals – by 39.8%, precious metals –…
Expert Council of the Industry’s Development Fund approved 12 preferential loans amounting up to 2.93 billion rubles (approximately $48.305 million). According to one of them, company Rare Metals of Siberia plans to organize a plant to process beryllium ores into pure beryllium and its compounds. Rare Metals of Siberia has a technology for primary raw…
Russian metal makers do not expect a major increase in demand in 2017 because of the low capacity loading, overproduction risks and the increasing protective measures on export markets. In early 2016 metal companies expected a drop in local demand, but by year-end theirs forecasts have grown considerably. In 2017 they await a small increase…
