The deliveries of the domestic scrap to metal companies in September grew by 3% MoM, to 276 thousand tons. At the same time exports dropped by 60%, to 8 thousand tons. In September scrap-procuring companies collected 284 thousand tons of scrap, up by 3% MoM. In January-September of 2.74 million tons of procured scrap (up…
DetailsPrices of gold, silver and platinum decreased in Azerbaijan on October 17, according to the data published by the Central Bank. The price of gold dropped by 6.8085 manats, to 2,077.4085 manats per ounce on October 17 compared to the price on October 16. The price of silver fell by 0.0783 manats, to 24.8617 manats…
DetailsIn September railroad deliveries of Ural Steel LLC metal totaled 98.1 thousand tons, up by 4.4% YoY. According to the railroad statistics, in 9 months sales reached 987 thousand tons, up by 20.9 YoY. Deliveries to Russian customers grew by 20.4% YoY, to 891 thousand tons, and exports – by 25.2%, to 96 thousand tons.…
DetailsIn September railroad sales of rolled metal from Oskol Electrometallurgical Works totaled 281.8 thousand tons, up by 3.3% YoY. According to the railroad statistics, in 9 months sales reached 2.3 million tons, up by 1% YoY. Deliveries to Russian customers fell by 24.8% YoY, to 438.6 thousand tons, while exports grew by 9.8%, to 1.87…
DetailsIn September direct railroad deliveries of ferrous scrap to MMK grew by 11% YoY, to 258.7 thousand tons. According to the railroad statistics, in 9 months deliveries totaled 1.36 million tons, up by 3.6%. Since 2012 MMK has been the leader in scrap purchases via railroad. (Ukrainian metal)
DetailsThe Federal Antimonopoly Service has initiated a case against railroad wheel manufacturers – Vyksa Iron and Steel Works and NTMK. They are suspected of setting monopoly high prices for wheels. The service reported a considerable increase in price since H2 2017. In April the Eurasian Economic Committee increased antidumping duty for Interpipe wheels from 4.75%…
DetailsPrices of precious metals increased in Azerbaijan on October 16, according to the data published by the country’s Central Bank. The price of gold grew by 6.5875 manats, to 2,084.217 manats per ounce on October 16 compared to the price on October 15. The price of silver went up by 0.0557 manats, to 24.94 manats…
DetailsIn just one week there appeared 3 announcements on the start of bankruptcy procedures of Svetlinsky Ferronickel Works. Three claimants are EnergosbyT Plus Company, Absolut Bank and an individual. The combined volume of claims is 48 million rubles. The situation at the works worsened in spring, when the experiment to commission the newest energy saving…
DetailsIn January-September Belarus Iron and Steel Works sold $1.136 billion worth of metal. This is almost on par with the whole last year level. Exports reached 1.5 million tons valued at $941 million, up by 9.2% and by 35.5% YoY respectively. In 9 months the company produced 1.8 million tons of steel, 1.56 million tons…
DetailsNavoi Mining and Metallurgical Combine has commissioned a new site to produce rare and rare-earth metals. The company occupies the 7th place in the world in uranium mining and uranium oxide concentrate production. The uranium concentrate is the main product of the ore group No. 5, where a new site has been commissioned. It will…
DetailsRosselkhozbank has provided a loan to the Abinsky Electrometallurgical Works LLC, the largest metal company in Southern Russia. With the help of the loan, the company has modernized and increased its capacities, as well as infrastructure. Until the end of the year AEMZ will commission a metal wares shop, which will create additional jobs. The…
DetailsNone of the large diameter pipe suppliers attended the Gazprom tender to supply pipes for the Kovykta-Chayanda site of the Sila Sibiri (Power of Siberia) pipeline to China. In mid-September Gazprom komplektatsia LLC announced 5 purchases of 601.904 thousand tons of LDP for the expected amount of 47.415 billion rubles. The pipes had to be…
Details