Ukraine: pipe exports up in 2018

In 2018 steel pipe exports grew by 29.9% YoY, to $737.852 million, while imports – by 50.5%, to $181.471 million. According to the State Fiscal Service, in December 2018 pipe exports dropped by 1.1% YoY, to $56.405 million, while imports increased by 47.4%, to $19.572 million. US were the largest importer of steel pipes in…

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Ukraine: metal companies waiting for Russian and Chinese galvanized metal duties

Ukrainian galvanized metal manufacturers have been harmed by the increase in imports from China and Russia. According to Metinvest Holding marketing director Roman Kurashev, unless state authorities take measures, the situation could worsen. “Following the protective measures taken by Europe, US, Canada and Turkey, we expect a considerable increase of imports from China and Russia,…

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Russia: UralKuz sales up in 2018

In 2018 UralKuz increased sales by 49% YoY, to 143 thousand tons. This was mostly thanks to the growth of output and railroad axles sales (by 66%). The latter was, in its turn, due to the development of the transport machine-building. UralKuz is the leading Russian manufacturer of hot-stamped products for almost all machine-building spheres.…

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Russia: banks gold purchases down in 2018

Gold purchases by Russian banks fell by 4.5%, to 195.85 tons in 2018, which accounted for 69% of all produced gold, a source in the Finance Ministry reported on January 22. “Besides, domestic banks signed sales contracts for gold for the same amount, 195.89 tons, in 2016. VTB, Gazprombank, Sberbank and Otkritie Financial Corporation (FC)…

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Russia: PMH pig iron output up in 2018

In 2018 the Industrial Metallurgical Holding enterprises increased output. Thus, Tulachermet produced 2.34 million tons of pig iron, up by 3% YoY. The company operated two furnaces, which were repaired in July-August 2017 and in August 2018. Coalmining enterprises had a task of decreasing ash content in coal. The Butovskaya mine was able to decrease…

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