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Uzbekistan: foreign company to manage two major metal works

The government of Uzbekistan has allowed SFi Management Group to manage two largest metal works – Uzmetkombinat and Almalyk Mining and Processing Works. The task of the company is to effectively carry out investment projects, increase the share of high added value products, optimize import expenses and decrease prime cost. The agreement between Almalyk and…

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Russia: pipe exports up in H1 2018

In January-June Russia exported 1.45 million tons of pipes valued at $1651 million, up by 53.3% and by 103.4% YoY respectively. Finland imported 27% of pipes, up by 5% YoY. Turkey increased imports 12-fold, to 19.7%. Kazakhstan decreased imports by 4.8% YoY, to 12%. 97% of pipes imported by Turkey and Finland are large diameter…

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