The rolled metal consumption is expected to grow by 3-3.5% in 2018. According to Denis Dyatlov, MMK Trading House director, consumption will grow in car manufacture and machine-building, and will remain on the same level in pipe industry. Unfortunately, the construction industry shows negative results. In January-April rolled metal consumption dropped by 2%. This year…Details
According to Igor Malyshev, director of the Fund of pipe industry development, the pipe market is still facing the problem of quality dumping, indicated by a growth of faked products sales, in particular, used pipes, which are sold as new under forged documents. The volume of the shadow market is considerable – over 1 million…Details
Market players expect stabilization of supply and demand in the second half of the year. Small and medium diameter pipes consumption growth is expected on the level of 5%, and seamless pipes – 3%. The second half of the year will see a seasonal increase of demand for small and medium diameter pipes, while the…Details
In January-April exports from Russia totaled $140.2 billion, up by 26.8%. According to the customs statistics, the share of metal grew to 10.7% from 9.9% in January-April 2017. In money terms exports increased by 36.7% YoY, and in physical terms – by 15.4%. Pig iron exports grew by 39.9%, copper and copper alloys – by…Details
In January-April Russian imports totaled $75 billion, up by 18.6% YoY. Far foreign countries accounted for 88.9% of all supplies, while CIS countries – 11.1%. The share of metal grew to 7.2% from 6.8% in January-April 2017. In physical terms imports increased by 26% and in money terms – by 25.2%. Ferrous metals imports grew…Details
KAZ Minerals has signed an agreement with Non Ferrous of China on investments into Koksay project. According to the agreement, in exchange for the investments of $70 million NFC will receive 19.4% in the project. “We have successfully worked with NFC at the Bozshakol and Aktogay construction and intend to develop our relations”, the company…Details
The state enterprise Lvivugol has completely cleared the salary debts for April to its miners. According to a company representative, the enterprise received a payment from the state enterprise Ugol Ukrainy (Coal of Ukraine), which allowed paying April salary in full. Soon May salary will also be paid. Earlier miners threatened to go on a…Details
In January-May Ukraine exported 242.684 thousand tons of titanium-containing ores and concentrate valued at $50.296 million, up by 8.6% and by 44.5% YoY respectively. According to the State Fiscal Service, the Czech Republic imported 22.92% of goods, Turkey 21.7% and Mexico 14.14%. At the same time Ukraine imported 15.457 thousand tons of ores from Senegal…Details
Dalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, is starting prospecting at the Khodzhasky site. By the end of 2020 the enterprise will have prospected some 179 square km. The enterprise will be looking for gold and copper. The fieldworks of 2018 will be the first stage of the prospecting…Details
A new automated Haver FFS 600 packing complex has been put into operation in the copper sulfate shop of Uralelectromed. According to the shop director Vladimir Ivonin, the new machinery has replaced outdated equipment used for 17 years. The new machine does the same thing, but more efficiently – it packs copper sulfate into PE…Details
Ukrainian Member of Parliament, coordinator of the Information Resistance analytical group Dmytro Tymchuk says Russia has begun to massively transport coal from the self-proclaimed “Luhansk and Donetsk People’s Republics (LPR/DPR)” in the occupied areas of eastern Ukraine. “Figures show that coal supplies to Russia’s Rostov region in the first quarter of this year accounted for…Details
The prices of the main precious metals except for silver decreased in Azerbaijan on June 8, according to the data published by the Central Bank. The cost of gold decreased by 1.0625 manats, to 2204.2625 manats per ounce compared to the price on June 7. The cost of silver increased by 0.0546 manats, to 28.3913…Details
In May Russia exported 98.6 thousand tons of ferrous scrap to Belarus via railroad, down by 16.5% both MoM and YoY.
In April the results were +4.6% and -16%, and in March +27.8% and +26.4% respectively.
In January-May Russia exported 498.5 thousand tons of scrap to Belarus, down by 4.4% YoY. (Ukrainian metal)
In January-March Kimkano-Sutarsky Mining and Processing Works produced 510 thousand tons of iron ore concentrate. In particular, 140 thousand tons were produced in January, and 170 thousand tons – in February. In March concentrate output exceeded 200 thousand tons. By the end of the year the company intends to reach the project capacity of 3.2…Details
Yellow cake, or ammonium polyuranite, is the end product of enterprises, which mine uranium by ways of in-situ recovery – Dalur and Khiagda. The only drawback of this technique is the high moisture of the product (up to 30%). Later the yellow cake is processed into the triuranium octoxide with the minimum moisture. Priargunsky Manufacturing…Details
In January-May Ukraine increased coal imports by 42.9% YoY, to 9.246 million tons. According to the State Fiscal Service, the value of the coal imported was $1.248 billion, up by 20.6% YoY. Russia supplied $826.656 million worth of coal (66.19%), USA – $343.63 million (27.51%), Canada – $48.365 million (3,87%), and other countries – $30.262…Details
As of June 5, the total salary debts to miners for two months have reached 1 billion UAH. Salary debts at state mines total 400 million UAH, according to the Ministry of energy and coal industry, but in reality the sum is almost 1 billion UAH, as the ministry does not take into account 500…Details
In May Kosaya Gora Iron and Steel Works was producing ferromanganese in two blast furnaces.
The output totaled 13 thousand tons. The growth allowed replenishing stocks and increasing sales.
In particular, in May KMZ sold 6.7 thousand tons of ferromanganese, up by 36% MoM. (Ukrainian metal)
Novocherkassk Electrode Works has loaded the first batch of graphitized electrodes into a new roasting furnace. The machine can produce electrodes with the diameter of 610, 650 and 710 mm. The capacity of the furnace is over 1 thousand tons of electrodes per month. The company is carrying out a modernization program, reconstructing all of…Details
In May Severstal – Bar Works Balakovo produced 74.5 thousand tons of metal. Since its commissioning in 2014 the company has been constantly increasing its product range. “The increase in output is due to the growth of production at the rolling mill. The works combines three rolling mills in one. We produce sections, and rebars…Details
Russian metals producer Mechel has prolonged its coal supply agreement to Japan’s JFE Steel for three years, until June 2021, the company said in a statement on June 7. Mechel will ship up to 1.5 million tons of coking coal concentrate produced by Mechel’s affiliate Yakutugol and PCI coal of Yuzhny Kuzbass to JFE Steel…Details
The prices of main precious metals increased in Azerbaijan on June 7, according to the data published by the Central Bank. The cost of gold increased by 0.6545 manats, to 2,205.325 manats per ounce compared to the price on June 6. The cost of silver increased by 0.2545 manats, to 28.3367 manats per ounce. The…Details
The increase of the export duty for ferrous scrap from 30 euros per ton to 42 euros will not directly affect Ukrainian obligations under the Association agreement with EU. According to the vice-prime minister on European and Euroatlantic integration Ivanna Klympush-Tsintsadze, exporters of scrap to EU paid the duty of 7.5 euros per ton and…Details
In May Ukraine produced 1.58 million tons of pig iron, down by 4% MoM. Steel smelting dropped by 2%, to 1.695 million tons, while rolled metal manufacture grew by 3%, to 1.55 million tons. The decrease in pig iron and steel production is the result of ArcelorMittal Kriviy Rih blast furnace No. 9 repair. Pig…Details