In November Russian Railways increased throughput by 2.6% YoY, to 34.06 million tons. In particular, the company transshipped 9.9 million tons of coal, up by 3% YoY. Iron and manganese ore transshipment went up by 4.5% YoY, to 3 million tons, ferrous metals scrap – by 10.4%, to 0.4 million tons, and coke – by…
Belarus and Pakistan are mulling over a joint steel production project, the press service of the Belarusian Industry Ministry reported. “Minsk hosted an official meeting of the Belarusian Industry Ministry authorities led by Minister Vitaly Vovk with Ahmad Ayaz Sadiq, Vice President at Barclays Bank Plc, Director for FI and NBFI Coverage in the Middle…
The plant will produce a variety of metal products, among them heavy-duty grids for further production of gabion systems used for prevention and elimination of emergency situations. The projected capacity of the plant will amount to 5,000 tons of metal products per year at the first phase, with its further increase. It is expected that…
Ukrzaliznytsia has finished reconstruction of the railroad route Kamysh-Zarya – Volnovakha. Now 23 pairs of cargo trains and 4 passenger trains will use it every day. This will allow Mariupol metal companies to increase output. According to Metinvest, Ukraine was losing some $1 billion of revenues per year because of the damaged railroad infrastructure. (Ukrainian…
In January-October Ukraine decreased metal exports by 14% YoY, to $5.99 billion, or 20.58% of the total export earnings, as opposed to 22.22% in January-October 2015. Metal export revenues totaled $621.97 million in October. At the same time metal imports went up by 15% YoY, to $674.57 million, including $72.84 million in October. (Ukrainian metal)
In January-October prices of processing companies increased by 16.2%, of mining – by 14.9% YoY. Zinc prices went up by 50.9%, ferroalloy – by 47.7%, ferrous rolled metal – by 40.1%, precious metals – by 40%, lead – by 32.8%, aluminum – by 11.6%, copper – by 8.3%. (Ukrainian metal)
In January-September ferrous metals throughput in the Novorossiysk Sea Trade Port reached 10.03 million tons, up by 12.2% YoY. Iron ore raw materials throughput increased by 40.2%, to 2.14 million tons. Non-ferrous metals throughput dropped by 4.8% YoY, to 0.81 million tons. (Ukrainian metal)
In January-September Donetsk region (without the Antiterrorist operation zone) increased industrial output by 5.9% YoY. In September output decreased by 6.2% MoM and by 1.4% YoY. Metal wares production went up by 7.1%, coke – by 22.5% and mining – by 8.7%. In September coke output dropped by 1.7% MoM, metal wares – by 3.1%,…