Shipments at zero duty from FTA countries have shot up by 67% in April-July 2019 against a 58% increase in the same period last year (April-July 2018). KOLKATA: A sharp increase in steel imports from partner countries under Free Trade Agreements (FTA) last month has sent alarm bells ringing, with local mills approaching New Delhi…Details
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In August pipe exports from Ukraine decreased by 33.5% MoM, to 46 thousand tons valued at $44.9 million, down by 36.8%. According to the State Fiscal Service, USA imported the most of seamless pipes – 30.32%. At the same time the country share in January-August decreased almost by half, from 66.2%. In January-August Ukraine exported…Details
Until the end of the year Sibir Coal Power Company (SUEK) intends to export over 50 million tons of coal. “The launch of the Sila Sibiri gas pipeline will not affect our exports to China. Coal consumption is growing all over the Asian-Pacific Region, and China is not the main player. It’s one of the…Details
ASIAN NICKEL CONF: Philippines unlikely to fill nickel ore supply gap arising from Indonesia’s export ban, participants say
Among the hotly debated topics at Fastmarkets’ seventh annual Asian Nickel Conference in Jakarta, Indonesia, this week was whether or not increased nickel ore shipments from the Philippines would be able to offset the supply gap that will arise once Indonesia halts exports of the material from next year. The majority of conference delegates were…Details
Nadezhdinsky Iron and Steel Works has started exporting steel to be used in the manufacture of pressure cylinders to European plants. In Q2 exports exceeded 2 thousand tons. “A trial batch of 66 tons was shipped in April. The customer carried out tests, saw the quality and started placing orders. In September-October we have to…Details
Cherepovets Iron and Steel Works has started constructing a plate-straightening machine No. 4. The cost of the investment project exceeds 1 billion rubles. The company plans to increase high-quality steel output to 10 thousand tons per year. The new machine is expected to reach its design capacity in Q1 2020. (Ukrainian metal)Details
Electrostal Tyumeni has mastered the manufacture of new metal products – angles No. 4 with flanges of 5, 4 and 3 mm made of carbon steel. A trial batch has already been shipped to the customer. The company continues mastering new products. In particular, in September-October it plans to start producing equal angles Nos. 3…Details
The Verkhovna Rada of Ukraine has approved a draft decree to implement licensing of uranium mining by the State Inspection of Nuclear Regulation. The draft decree has been backed by 293 members of the parliament. Now only processing and transportation of uranium ores are licensed. (Ukrainian metal)Details
Mariupol Ilyich Iron and Steel Works and Azovstal have successfully passed the SASO certification audits necessary to continue exporting metal to Saudi Arabia. The audit showed that the companies were controlling the quality when fulfilling orders. The SGS Ukraine representatives inspected the steel manufacture, as well as documents to produce metal and make samples. Metinvest…Details
Agency of the Far East on attracting investments and export support and Ozernaya Mining Company LLC have agreed to construct until 2023 an enterprise to mine and process lead and zinc ores and produce zinc and lead-silver concentrate in the north of the Republic of Buryatia. On the basis of the polymetalic ores deposit of…Details
Coal industry of Kazakhstan is sustaining losses after Russia imposed limitations on the export of coal to Ukraine. According to the Association of mining and metallurgical enterprises, in June-September coalmining companies intended to ship 584.12 thousand tons of coal to Ukraine via Russia, but the Russian Ministry of Economic Development approved only 233.5 thousand tons.…Details
In January-June Russia extracted 142.223 tons of gold, up by 11.41% YoY. The growth is due to the Natalkinskiy Mining and Processing Works in Magadan region reaching its design capacity. Petropavlovsk has commissioned its autoclave manufacture and until the end of the year intends to get 15.5 tons of gold. Russia is expected to produce…Details
In June Russia imported 28 tons of molybdenum including scrap, up by 63.2% MoM and by 77.8% YoY. China increased supplies by 22%, to 12.2 tons. After a drop in May imports from Germany grew 2-fold, to 14.4 tons. In H1 molybdenum imports totaled 157 tons, up by 2.4% YoY. In monetary terms since the…Details