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The E.U. has blocked Russia’s first request to create an arbiter panel at the World Trade Organization (WTO) in their dispute on the union’s anti-dumping duty on cold-rolled steel imports, the WTO said on April 11. Russia sent the request in March. The duties, introduced in 2016, amount to 18.7% for products of Magnitogorsk Iron…
DetailsThe volume of direct Arab investments in the mining industry of Kazakhstan amounted to only $48.6 million in January-September 2018, down by 51.1% YoY. The results of two months of 2019 show that the volume of production in the mining industry reached 2.5 trillion tenge, with an annual growth of 12.9% (however, the industrial production…
DetailsIn March scrap deliveries to Ukrainian metal companies improved. In particular, 296 thousand tons of scrap were procured, up by 118% MoM, of which domestic companies received 288 thousand tons, up by 125%. At the same time exports remained on the February level – 8 thousand tons. In Q1, 661 thousand tons were procured, down…
DetailsFrom April 11, the electricity supply to the Yuzhnodonbasskaya No. 1 mine are limited at the request of the “supplier of the last hope” – the state enterprise Ukrinterenergo. The mine debt for electricity in 2018 amounted to 133 million UAH. Yuzhnodonbasskaya No. 1 mine in the town of Ugledar (Donetsk region) was commissioned in…
DetailsTMK-Inox has commissioned new machinery, in particular the line of TIG and laser welding of stainless pipes, a Surface Engineering grinder and etch tanks. In 2019-2020 the company intends to increase the output of polished welded pipes. This year it will put into operation a polishing line. (Ukrainian metal)
DetailsOrel Steel Works is increasing its range of railroad fasteners. So far the portfolio of butt fittings consists of three types: M27, M24 and M22. For the M27 and M24 nuts a new steel grade was chosen. “Very often in order to decrease the prime cost some manufacturers replace quality metal with cheap one, and…
DetailsIn January-March, Ukraine exported 19.638 thousand tons of scrap valued at $5.461 million, down 7.1-fold and 8.8-fold YoY respectively. According to the State Fiscal Service, in March Ukraine exported 8.246 thousand tons of scrap, in February – 8.252 thousand tons and in January – 3.14 thousand tons. At the same time Ukraine increased scrap imports…
DetailsIn January-March, Ukraine exported 629.55 thousand tons of pig iron valued at $205.85 million, down by 25.9% and by 27.2% YoY respectively. According to the State Fiscal Service, the main importers were the US (66.31%),Turkey (9.74%) and Italy (8.84%). In Q1, Ukraine imported 216 tons of pig iron valued at $140 thousand as opposed to…
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