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In September direct railroad deliveries of rolled steel, pipes and semi-finished products to the major shipbuilding and repairing enterprises totaled 8.1 thousand tons. According to the railroad statistics, this is down by 41.4% YoY. In 9 months deliveries dropped by 21.8% YoY, to 85.5 thousand tons. (Ukrainian metal)
DetailsThe manufacture of rolled copper by Russian works is based on domestic consumption and almost does not depend on external factors (LME cathode prices, world industry growth rates, etc.). According to the Institute Tsvetmetobrabotka CEO Yuri Raikov, in 2014-2017 copper exports dropped 2-fold, while imports – by 35-40%. The share of the competitive products in…
DetailsIn January-September Beloretsk Iron and Steel Works increased the sales of metal wares to construction companies. In particular, the sales of cold-formed rebars increased by 28% YoY, steel net – by 26%, and low-carbon wire – by 25%. The sales of ordinary quality wire and cold-drawn bars to produce fasteners increased by 15% and 13%…
DetailsIn July-September Severstal produced 3.06 million tons of steel, up by 2% QoQ. Pig iron output also grew by 2%, to 2.3 million tons. Steel sales reached 2.71 million tons, down by 5%, with local sales up by 1%, to 65%. In 9 months Severstal produced 6.91 million tons of pig iron and 9.1 million…
DetailsUkrdorinvest LLC (Kiev) has purchased 73.5% of the Central processing factory “Russia” shares (Donetsk region). As of Q2, 75.49% of shares belonged to DRFC LLC, while Ukrdorinvest owned only 24.5%. Two more processing factories wanted to buy shares – Ukraina and Mirnogradskaya. Ukrdorinvest also owns 24.5% in Mirnogradskaya processing factory. (Ukrainian metal)
DetailsThe Ministry of Energy and Coal Industry believes that in 2019 power-generating coal consumption by power plants will grow by 4.4% YoY, to 27.75 million tons. In particular, it is expected that 5.1 million tons of anthracite and 22.65 million tons of gas coal will be consumed. 4.67 million tons of anthracite will be imported,…
DetailsPrice of gold increased in Azerbaijan on October 11, while silver, platinum and palladium prices dropped, according to the data published by the Central Bank. The price of gold grew by 6.4685 manats, to 2,028.9245 manats per ounce on October 11 compared to the price on October 10. The price of silver decreased by 0.165…
DetailsRussia’s Voronezh-based “Rudgormash” company will have supplied gold mining equipment worth 1 billion rubles ($ 15.1 million) to Uzbekistan by the end of this year. “This year we are fulfilling a fairly large order for the supplies to the gold mining industry of Uzbekistan, in price terms this order costs more than 1 billion rubles.…
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