In January-November Russian Railroads transported 4.53 million containers (TEU), up by 12.2% YoY. Domestic transportation grew by 8.6%, to 1.89 million TEU, transit – by 5.3%, to 521.5 thousand containers, exports – by 12.6%, to 1.16 million TEU and imports – by 24%, to 968.8 thousand containers. In particular transportation of ferrous metals increased by…
In November Russian Railroads transported 105.5 million tons of cargo, down by 1.7% YoY. In 11 months transportation dropped by 0.8%, to 1.171 billion tons. In particular, 9.84 million tons of coke and 13.7 million tons of ferrous scrap were transported, down by 3.7% and by 7.5% respectively. At the same time transportation of iron…
Metal slag and ash will be used in road works. “This governmental decision lets us stop importing construction materials from Russia, in particular bitumen. It will also help save funds while repairing the roads, but the quality will still be high”, infrastructure minister Vladislav Krikliy has declared. From now on metal slag will be used…
According to the Russian Steel Association November forecast, in 2019 steel consumption in Russia is expected to grow by 4% YoY. The June forecast presupposed a 2% increase. In Q3 the local demand increased by 8.6%. Rolled metal exports decreased by 13%, while semi-finished products grew by 3%. (Ukrainian metal)
Since the start of the year the number of employees in Ukrainian metal industry has decreased by 2.6% YoY, or by 5100 people, to 191 thousand. According to the State Statistics Service, in October the number of employees declined by 0.4% MoM. In mining and quarrying the number of employees dropped by 0.3%, to 193.2…
In January-October Ukrainian metal companies received $1.7 billion of direct foreign investments, up by 7.6% YoY. According to the State Statistics Service, the share of metal companies in the total DFI amount grew from 5.1% to 5.2%. FDI in mining increased by 15.2%, to $2.01 billion. (Ukrainian metal)
In January-September the volume of capital investments in metallurgy grew by 34.1% YoY, to 20.43 billion UAH. According to the State Statistics Service, in Q3 investments began decreasing. In July-September investments grew by 29.5%, while in Q1 – by 34.5%, and in Q2 – by 42%. (Ukrainian metal)
Head of Ukraine’s Federation of Metallurgists Serhiy Bilenky says the Ukrainian metallurgical enterprises have been operating at a loss since the beginning of 2019 due to falling demand for steel in global markets. Most of the world’s metallurgical giants are forced to either reduce production or stop operating altogether. “Unfortunately, the situation in Ukraine is…
