Kazakhstan: gold output up in 2018

In 2018 Kazakhstan produced 97.429 tons of gold, up by 14.2% YoY.

According to the Statistics Committee of the Ministry of the National Economy, silver output dropped by 8.6%, to 968.941 tons. (Ukrainian metal)

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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Russia: gold output up in 2018

Russian gold production rose by 1.8% YoY in 2018, the Federal State Statistics Service said.

In December 2018, gold production decreased by 0.5% YoY and by 2.1% MoM.

No absolute figures were disclosed. (Prime/Ukrainian metal)

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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Ukraine: Interpipe output up in 2018

In 2018 Interpipe Steel produced 873 thousand tons of steel, up by 13.8% YoY.

In December 2018 the output grew by 15.8% MoM, to 82 thousand tons.

In 2017 the company produced 855 thousand tons of steel billets, up by 38%. (Ukrainian metal)

Russia: CherMK sets new converter steel output record

In 2018 Cherepovets Iron and Steel Works produced 9.9 million tons of converter steel.

This year output is expected to further grow due to the modernization of the converter No. 3 in November 2018.

In 2019 two more converters will be modernized. (Ukrainian metal)

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: TMK pipes sales up in 2018

In 2018 TMK increased steel pipes sales by 6% YoY, to 4.01 million tons.

Seamless pipes accounted for 2.767 million tons, up by 3%.

The sales of welded pipes grew by 11%, to 1.243 million tons. (Ukrainian metal)

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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Russia: VIZ-Stal output up in 2018

In 2018 VIZ-Stal increased output by 5% YoY, to 170.4 thousand tons of transformer steel.

The loading of capacities was high – 99%.

Sales also grew by 5%, to 168.2 thousand tons.

Exports accounted for 77%. The main customers were India, Turkey, Near East and North America. (Ukrainian metal)