The Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY. Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%. In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase…Details
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Nornickel is taking unprecedented measures to curb the impact of floods on the Doldykan River in Norilsk’s industrial area and is currently undertaking the unprecedented task of cleaning up the Doldykan River and the surrounding territory from sediments accumulated since the Soviet period. At the beginning of the flood season in 2016, Nornickel tightened its…Details
In January-May Ukraine exported 101.86 thousand tons of ferrous scrap, down by 50.7% YoY, valued at $21.586 million, down by 40.5%. According to the State Fiscal Service, scrap imports increased by 18.2%, to 11.954 thousand tons valued at $10.248 million, up 3.6-fold. The main suppliers of scrap were Turkey (84.25%), Moldova (7.9%) and Russia (4.18%),…Details
Following the results of the Prozorro sales, Selidovugol has chosen Dalsund LLC the supplier of 7 types of filter equipment valued at 61.71 million UAH. In particular by February 2018 the company will have supplied respirators R-30 and R-34 at 88.5 thousand UAH apiece. Respirators Puls-K and Puls-M were ordered at 230 UAH apiece. Self-rescuers…Details
On June 7 Lvivugol received 34.5 million UAH for the sale of coal. All the money was spent to clear April salary debt to miners. Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)Details
Avdiivka Coke and Chemical Works could be shut down because of the absence of service water. “The first pump station of the South-Donbass canal has been shut down as the result of the military activities, the personnel has been evacuated. The delivery of service water has stopped, this means a complete shut down for us.…Details
In January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…Details
Ukrzaliznytsia has held an auction on the purchase of tyres for rolling stock valued at 74.2 million UAH. According to the company statement, there were two winners – Interpipe and Huta Bankowa (Poland). Interpipe has received an order for 60 million UAH and Huta Bankowa – for 13.7 million UAH. Both companies will have to…Details
In January-April Russia exported $109.9 billion worth of goods, up by 30.5% YoY. According to the customs statistics, metal share was 10.1%, up from 9.7% In January-April 2016. Metal exports went up in money terms by 38.5% YoY, but dropped in volume – by 2.7%. Ferroalloy exports decreased by 4.1%, unalloyed steel and iron semi-finished…Details
Novosibirsk Refining Works (NAZ) has been sold at an auction for 880 million rubles. The winner of the auction was the Center of real estate management, which bought 100% of the state shares at the initial price. “NAZ is underloaded and needs modernization. We are sure that the new owner will be able to solve…Details
In January-May Ukraine exported 368.84 thousand tons of ferroalloys valued at $430.828 million, up by 4% and by 57.2% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (25.87%), Italy (14.42%) and the Netherlands (10.04%). In 5 months Ukraine imported 24.447 thousand tons of ferroalloys valued at $53.017 million, up 2.1-fold…Details
In January-May Ukraine exported 15.722 million tons of iron ore raw materials valued at $1.166 billion, down by 10.9% and up by 72.7% YoY respectively. According to the State Fiscal Service, the main importers were China (28.65%), the Czech Republic (10.71%) and Poland (10.67%). In 5 months Ukraine imported 201.825 thousand tons of iron ore…Details
The board of directors of the Russian metals and mining group Mechel has recommended paying no dividends on common shares and 10.28 rubles per preferred share, or a total of 1.426 billion rubles, in dividends for 2016, the company said in a statement on June 8. The record date for the dividends is July 11.…Details