Russia: NLMK sales up in 2018

In 2018, demand for steel continued to recover, coupled with a rise in protectionism in key markets. “In this context, NLMK Group’s flexible business model that helped it secure its presence in key sales markets, enabled the company to grow its sales by 7% YoY, or by 1.1 million tons, to 17.6 million tons, hitting…

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Russia: Severstal expecting weak demand for steel in 2019

In 2019 the demand for Russian steel will be weak.

“Construction volumes are not large, so, we believe the market will remain on current levels”, Severstal deputy CFO Alexei Kulichenko said.

According to Severstal estimate made in November 2018, the growth of the local demand for steel in 2018 was 1.1%. (Ukrainian metal)

Ukraine: coal output up in 2018

Output of thermal and coking coal in Ukraine in 2018 increased by 0.9% YoY, from 33 million to 33.29 million tons. State-owned coalmines during the reporting period extracted 4.14 million tons of coal, according to the Ministry of Energy and Coal Industry of Ukraine. In particular, the output of coking coal, used for the needs…

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Russia: Kuzbass region metal and mining railroad transportation up in January 2019

In January the West-Siberian Railroad transported 22 million tons of cargo in Kuzbass region, up by 5% YoY.

In particular, the transportation of coal grew by 3.5%, to 19 million tons.

The railroad also transported 775 thousand tons of iron ore (+49%) and 547 thousand tons of ferrous metals (+2.7%). (Ukrainian metal)