The authorities of Yugra have provided land plots for the construction of a Severstal and Tenaris joint venture to produce welded pipes. Severstal has started making project estimates, and until the end of the year will begin construction. The new works will create 500 jobs and will provide payments to the budget at the level…Details
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In 2019 Ukraine produced 10 million tons of coke, down by 7.1% YoY. In particular, Avdiivka Coke and Chemical Works decreased output by 16.6%, to 3.2 million tons, Azovstal – 6.6%, to 1.36 million tons, Dneprovsky By-Product Coke Plant – by 8.9%, to 564 thousand tons, Dneprokoks – by 12%, to 530 thousand tons, Zaporozhkoks…Details
In 2019 Ukraine decreased ferrous metal scrap exports 7.8-fold YoY, to 42.18 thousand tons, at the same time increasing exports by 17.2%, to 49.93 thousand tons. According to the State Customs Service, thus import has for the first time since 2011 exceeded export. In monetary terms export decreased 9-fold, to $11.78 million, while import –…Details
In 2019, Ukraine mined 31.22 million tons of coal, down by 6.2% YoY. According to the Ministry of Energy and Environment Protection, coking coal mining grew by 8.8%, to 6.32 million tons, while that of power-generating coal fell by 9.4%, to 24.9 million tons. In December 2019, coal output dropped by 0.1% YoY, to 2.8…Details
In 2019, Ukraine exported $8.738 billion worth of ferrous metals, down by 12.1% YoY. According to the State Customs Service, ferrous metals accounted for 17.45% of all exports as opposed to 20.99% in 2018. In December 2019, ferrous metals exports totaled $521.764 million. Ferrous metals imports decreased by 6.9%, to $1.251 billion, with $73.843 million…Details
Brazil ha suspended the antidumping duty on hot-rolled metal originating from Russia and China. The decision was taken on January 15. The duty was imposed in 2018. (Ukrainian metal)Details
In 2019, Russia decreased ferrous metals exports by 16.5%, with a drop of 10.9% in December 2019. At the same time deliveries to the domestic market grew by 3.1%, but in December 2019 fell by 1.9%. Demand for non-ferrous metals increased by 18.9% in December 2019, but deliveries to the domestic market decreased by 9%.…Details
In 2019, Kirov Non-Ferrous Metals Processing Works increased stamping products output by 8.7% YoY, to 20,966 thousand pieces. The manufacture of cable fittings has grown by 15.2%. This year the company intends to further increase output. (Ukrainian metal)Details
Uralelectromed has commissioned a line to produce welded foot grating with the capacity of 200 tons per month. Investments have amounted to 57 million rubles. The new line will satisfy the demand of UGMK enterprises in this type of product and will also allow reaching new sales markets. The machine can produce grating with the…Details
In November 2019, Russia exported 29.5 thousand tons of ferrosilicon, down by 9% MoM, but up by 41% YoY. Deliveries to Turkey dropped from 4.7 thousand tons to 3 thousand tons, and to Japan – by 18%, to 10.4 thousand tons. At the same time sales to Korea and the Netherlands grew by 10% and…Details
In November 2019, Russia imported 380.3 tons of ferroniobium, up by 23% MoM, but down by 47% YoY. In 11 months of 2019, imports totaled 4.5 thousand tons, up by 5% YoY. In monetary terms imports have grown by 4%. Price in November 2019 remained unchanged at $21.1 per kg. (Ukrainian metal)Details
Metal product sales of ММК Metalurji, a Turkish affiliate of Russia’s Magnitogorsk Iron and Steel Works (MMK), decreased by 15.9% QoQ, to 158,000 tons in October-December 2019 due to a tough market situation, MMK said in a statement on January 21. In the whole of 2019, the sales fell by 6.2%, to 720,000 tons, it…Details
In 2019, the net profit of Kyrgyzaltyn OJSC, excluding Centerra Gold dividend income, amounted to 286.5 million soms, press service of the company reported. Compared with 2018, the figure has reportedly tripled. In addition, the company has transferred 400 million soms in taxes and payments to the budget. Including dividends, 100 million soms have been…Details