Ukraine: ferroalloy companies working without problems

Major Ukrainian ferroalloy companies (Nikopol and Zaporozhye Ferro Alloy Works), as well as Ordzhonikidze and Marganets Mining and Processing Works, all parts of the Privat Group, continue operating according to their manufacturing plans. Earlier due to the nationalization of PrivatBank the companies accounts were blocked. PrivatBank also managed Stakhanov Ferroalloys Plant, ZZF, MGOK and OGOK…

Russia: Khakasia to start producing steel rope

The Republic of Khakasia intends to start producing steel rope at the Abaz monocity.

The project presupposes the creation of 2 lines to produce 3.5-35 mm diameter rope (GOST 2688-80, 7688-80, 3077-80).

Siemens will supply the equipment. Steel rope production will start in 5 years. (Ukrainian metal)

Belarus: FEZ Gomel-Raton registers manufacturer of high-precision metal products

Gomel-Raton Free Economic Zone (Gomel-Raton FEZ) hosted a new resident – KolosEuroTech, planning to manufacture high-precision metal products.

KolosEuroTech is a Belarusian-Polish joint venture, intended to invest more than $1 million in high-precision metal production at Gomel-Raton FEZ.

Gomel-Raton FEZ is now home to 81 resident companies. (Prime-TASS/Ukrainian metal)

Ukraine: metal prices up in November 2016

In November prices of industrial manufacturers increased by 2.2% MoM.

According to the State Statistics Service, in mining and quarrying price increase reached 4.4% MoM, including 10.5% in iron ore mining.

Prices in processing industry went up by 1% MoM, in particular of coke – by 3.2%, in metal manufacture – by 2.2%. (Ukrainian metal)

Kazakhstan: metal output in January-October 2016

In January-October Kazakhstan produced 3521.85 thousand tons of steel, up by 11.7% YoY.

According to the Ministry of economy, flat rolled metal output totaled 2476.75 thousand tons, up by 17.5% YoY, ferroalloys production reached 1595 thousand tons, up by 5.8%.

Kazakhstan also mined 80.82 million tons of coal, down by 5.6% YoY. (Ukrainian metal)