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In January-October Kazakhstan exported 87.3 thousand tons of steel pipes to Russia, up by 41% YoY. The result even exceeds the whole 2015 level by 8%. The average price of the pipes on the Russian-Kazakh border in October totaled $800.7 per ton, down by 8%. Pipes for oil and gas pipelines with the diameter of…
DetailsDanieli & C. Officine Meccaniche S.p.A (Italy) and Baku Steel Company (Azerbaijan) have signed an agreement to invest 1.225 billion euro into the creation of the new iron and steel complex of 5 works. “Sumgait will see the construction of 5 works in 3 years”, the economy minister Shakhin Mustafayev said. The project will create…
DetailsRobert Reisetbauer, a member of the supervisory board and the vice-president of the PriMetals Technology (Austria), has chaired a round table on the steel smelting reconstruction and the construction of the hot-rolled coils production complex at Zaporizhstal. He believes that the environment technologies applied at the project will meet the best practices. “We would use…
DetailsIn December StalTrans intends to sell 2.6 thousand tons of metal wares, up by 11% MoM. According to the company statement, the main increase is expected in wire – by 16% MoM, to 1.6 thousand tons. Nail supplies will not change considerably and will total around 0.8 thousand tons. In January-November the company supplied 36…
DetailsMajor Ukrainian ferroalloy companies (Nikopol and Zaporozhye Ferro Alloy Works), as well as Ordzhonikidze and Marganets Mining and Processing Works, all parts of the Privat Group, continue operating according to their manufacturing plans. Earlier due to the nationalization of PrivatBank the companies accounts were blocked. PrivatBank also managed Stakhanov Ferroalloys Plant, ZZF, MGOK and OGOK…
DetailsIn late 2016 Severstal Distribution opened a new metal warehouse in Rostov region – in the city of Bataysk. The warehouse boasts the covered area of 1 thousand square meters with the 10-ton crane and the open area of 6500 square meters with two 15-ton cranes. The site will be used to sell metal to…
DetailsThe Supreme Commercial Court of Ukraine has satisfied the cassation appeal of ArcelorMittal Kriviy Rih. According to the company statement, the court decision cancels the decision of the Dniepropetrovsk Commercial Court of Appeals, while the decision of the Commercial Court of the Dniepropetrovsk region that prohibited the prosecutors from claiming 72.69 million UAH of damage…
DetailsIn November steel pipes output in Ukraine decreased by 3.7% MoM, or by 3 thousand tons, to 78 thousand tons. In January-November Ukraine produced 782 thousand tons of steel pipes, up by 0.6% YoY, or by 5 thousand tons. (Ukrainian metal)
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