Kazakhstan: OECD Steel Committee joined

The OECD Council approved Kazakhstan’s application to join the Organization’s Steel Committee, the press service of the country’s Ministry of Investment and Development reports. “Following the presentation of the preliminary review of Kazakhstan’s steel industry policy, which took place on September 28-29, 2017, the secretariat of the Steel Committee decided to recommend the OECD Council…

Ukraine: natural gas consumption by metal companies down in February 2018

In February Ukrainian metal companies consumed 160 million cubic meters of natural gas, down by 20 million cubic meters MoM. Average daily consumption dropped by 0.1 million cubic meters, to 5.7 million cubic meters. In January-February Ukrainian metal companies consumed 340 million cubic meters of natural gas, down by 12% YoY. Average daily consumption totaled…

Kazakhstan: metal works to be built in SKR

Within the Industrialization map the South-Kazakhstan region will carry out 20 projects valued at 40 billion tenge. As the result, some 1500 jobs will be created, and the volume of industrial output will reach 920 billion tenge. In particular, according to the region governor Zhanseit Tuymebayev, a metal works will be constructed. Investments will total…

Russia: Seaport St Petersburg ferrous metals throughput up in 2017

In 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY.

According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)

Ukraine: gas consumption by metal companies up in 2017

In December 2017 Ukrainian metal works consumed 190 million cubic meters of natural gas, up by 15% MoM.

In 12 moths gas consumption grew by 3%, to 1.8 billion cubic meters.

Electricity consumption dropped by 11%, to 11.5 billion kW-h. (Ukrainian metal)

Russia: 2017 favorable for metal industry

In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc. The following factors influenced the metal industry the most: – the increase of world prices by 40% on average, – and the growth of other income 2.2-fold because of…