Russian steel manufacturers have started increasing prices for local customers because of the ongoing growth of export prices. Thus, NLMK has increased its January 2018 prices for hot- and cold-rolled metal by 10%, and Severstal – by 4%. Steel started getting expensive in December. In just one week (December 15-22) average local prices have grown…
According to the American Iron and Steel Institute, in 2017 USA will import 35.9 million tons of steel, up by 20% YoY. Russian companies will contribute the most. In January-August US imported 24.09 million tons of steel, up by 20.5% YoY. In particular, Russia supplied 2.12 million tons, up by 65.6% YoY. (Ukrainian metal)
In July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY. Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia. In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)
According to preliminary results, in July the USA imported 3.15 million tons of steel, down by 11.5% MoM, but up by 6.3% YoY. The main decrease was on behalf of semi-finished products – down by 300 thousand tons MoM. Brazilian companies decreased supplies, while Russian increased slab deliveries. All in all in July Russia supplied…
In January-February Russia imported 252 thousand tons of steel products from Ukraine, up 2.2-fold YoY. According to the Federal Customs Service, the cost of imports reached $150 million, up 3.2-fold YoY. Flat rolled steel accounts for 50% of imports, up 1.64-fold YoY, with value up 3.3-fold. 40% falls on shapes and bars (up 4.5-fold and…
In January the share of metal and wares in the imports from far foreign countries totaled 5.3% (5.4% in 2016), with monetary volume up by 34.4% YoY, and physical volume – by 36.8%. According to the Federal Customs Service, ferrous metals imports increased by 39.5%, with pipe imports down by 24.3%, and iron and alloyed…
The port of Antwerp says Russia is its fourth-largest trading partner. In 2016 the port handled 11.2 million tons of cargo from or destined for the world’s largest country. Steel and container freight continue to do particularly well in this area. In 2016 steel imports from Russia rose from 268,000 to no less than 424,000…
In January the USA imported 2.512 million tons of steel, up by 4.6% YoY and by 2.6% MoM. In particular, Russia increased steel exports by 73.5% YoY, while India – by 237.8%. Still Russia wasn’t able to get into the top steel suppliers list. The list consists of South Korea (311 thousand tons, up by…