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Last week the price of one ounce of gold decreased by 17.748 manats or by 1%. Accordingly, the average price of one ounce of gold stood at 2,552.3902 manats. The price of one ounce of silver grew by 0.0057 manats or by 0.02%, to 29.94 manats. The price of one ounce of platinum went up…
DetailsIn September the Manufacture of Steel Structures, a part of Uralelectromed, galvanized a record-high volume of 4700 tons of metal structures. The result exceeded the average monthly level by 200-300 tons. The hot dip-galvanizing department is capable of galvanizing metal structures with the sizes of 12.5×1.4×3.2 meters and the weight of 3 tons with the…
DetailsThe Center of metal products standardization and certification the Central Scientific and Research Institute of Ferrous Metallurgy named after Bardin has prepared the second edition of the interstate standard GOST 5640 “Steel. Metallographical method of rolled metal microstructure evaluation”. The standard is being developed to replace the GOST 5640-68 in order to include a number…
DetailsIn January-September Interpipe Steel produced 690 thousand tons of steel, down by 6.5% YoY. According to the company, in September steel output totaled 55 thousand tons. In 2018 Interpipe Steel produced 973 thousand tons of steel, up by 13.8% YoY. (Ukrainian metal)
DetailsIn September Ukraine exported 1.8 million tons of pig iron valued at $592.5 million, up by 12.5% and by 16.7% MoM respectively. The share of pig iron in the exports structure was 1.6%. According to the State Tax Service, 58% of pig iron were delivered to the US, 14% to Italy and 9.5% to Turkey.…
DetailsNew seamless pipes capacities of 450,000–500,000 tons that Zagorsky Pipe Works wants to build are excessive for the Russian market, the Fund for Development of Pipe Industry said in a statement. The fund said that combined capacity of all Russian plants stood at 4.1 million tons, and it was loaded by only 70% as of…
DetailsIn September Ukraine exported 47.05 thousand tons of pipes valued at $48.05 million, up by 2.3% and by 8% MoM respectively. According to the State Tax Service, in January-September pipes exports reached 486.9 thousand tons valued at $524.6 million. In particular, Ukraine exported 344.6 thousand tons of seamless pipes valued at $435.9 million, 131.01 thousand…
DetailsIn January-June Interpipe received $125.44 million of EBITDA, up by 37.4% YoY. The pipe segment grew 2.8-fold, to $44.51 million, and railroad wheels – by 62.2%, to $60.23 million. At the same time in steel manufacture EBITDA fell by 49.1%, to $20.01 million. Revenue in H1 totaled $557.17 million, up by 2.7%. In particular, railroad…
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