Russia: bar market to grow in 2017

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%.…

Belarus: MMZ exports railway axles to Russia

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…

Russia: metal market situation discussed in Moscow

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.…

Azerbaijan: metal imports down in 2016

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…

Russia: metal prices up in January 2017

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…

Kazakhstan: metal export prices up in 2016

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…

Ukraine: separatists want Ukrainian metal and mining works “nationalized”

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…

Russia: BoAZ and SFMZ fined

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…

Russia: Moscow shuts down Rezhnickel

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…

Russia: metal prices up in 2016

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)

Belarus: mining output down in 2016

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)

Ukraine: electricity consumption by metal companies in 2016

In 2016 Ukrainian metal companies increased electricity consumption by 0.02% YoY, to 28.76 billion kW-h.

According to the Ministry of energy and coal industry, machine-building companies increased electricity consumption by 0.2%, to 3.676 billion kW-h, while chemical companies consumed 2.968 billion kW-h of electricity, down by 3.8%. (Ukrainian metal)

Azerbaijan: AKPS closing down

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…