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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…
DetailsIn 2016 Kazakhmys Corporation produced 225.657 thousand tons of copper cathodes, up by 2.5% YoY, or by 5.4 thousand tons. The average copper contents in ore totaled 0.95%, up by 1.1% YoY. In 2016 Kazakhmys factories processed 29.8 million tons of ore. This year the corporation intends to produce 232.6 thousand tons of copper cathodes.…
DetailsIn 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…
DetailsMoscow 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.…
DetailsIn January output of raw titanium in Russia increased by 1.3% YoY and by 1.2% MoM. According to the Federal Service of State Statistics, titanium semi-finished products (wire, rods and sections) output increased by 13.1% YoY, but dropped by 28.8% MoM. (Ukrainian metal)
DetailsIn February the Pipe Works named after Makarov (Profil-Akras) produced 5500 tons of pipes. Deliveries to the local market reached 5700 tons, while exports stood at 2 thousand tons. The company continues preparing for the start of the season, and March will see some scheduled repairs to ensure stable operation in summer. (Ukrainian metal)
DetailsOn March 2, an explosion occurred at the No. 10 Stepnaya mine of Lvivugol. According to the report of the State Emergency Service, the explosion resulted in the cave-in of the rock, with 8 miners killed and 6 wounded. The fate of the 20 miners is still uncertain. At the time of explosion 172 miners…
DetailsThe Ministry of economic development and trade has ordered the supervisory board of Ukrzaliznytsia to sell its scrap to local metal companies. The decision followed the earlier meeting of the Prime Minister Vladimir Groysman with the representatives of the metal companies and aims at securing their interests. According to the Ukrzaliznytsia chairman Wojcieh Balczun, this…
DetailsAluminum Association has suggested standardizing documents regulating usage of aluminum and aluminum alloys in construction. To reach the goal expert group will be created headed by the leading companies. The decision has been taken during the meeting of the Aluminum Association construction sector with the participation of TatProf, KRAMZ, Realit, Rusal, Alukom, etc. (Ukrainian metal)
DetailsTashkent has become a host to the UzBuild-2017 international construction exhibition. MMK is one of the participants. The company presents products for construction, including bars, cold- and hot-rolling sheet, galvanized metal and metal with coating, as well as metal wares. Among the new products are the high-strength and wear-resistant steel, manufactured under MagStrong brand. In…
DetailsIn 2016 investments of the major Russian pipe manufacturers in the modernization exceeded 21 billion rubles. According to the Foundation on pipe industry development, TMK invested over 10 billion rubles into the program to improve premium pipe quality and increase capacities. The United Metallurgical Company (OMK) invested 6 billion rubles into new products. Chelyabinsk Pipe…
DetailsTaking into account the current market situation Evraz will not resume work on its Yuzhny stan (Southern Mill) project of the construction of a rolling mill in Rostov region. “We need some time to watch over the market situation, and in case there is an increase in demand in the southern regions, we might return…
DetailsIn 2016 Severstal Distribution increased its EBITDA by 78% YoY, to $56 million. Revenues went up by 5%, to $716 million. The end of Q1 2016 saw the dramatic increase of price on all the group markets, resulting in a short-term shortage. In 2016 Severstal Distribution increased sales by 6% YoY, to 1.545 million tons.…
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