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…
In January-October iron and manganese ore railroad transportation grew by 3.2% YoY, to 57.3 million tons. According to the State Statistics Service, transportation of ferrous metals dropped by 3.4%, to 16.1 million tons. Ferrous metals scrap transportation decreased by 18%, to 2.05 million tons, and coke – by 9.3%, to 3.7 million tons. (Ukrainian metal)
In January-September Tuapse Sea Trade Port transported 10 million tons of cargo, up by 5.5% YoY. Ferrous metals accounted for 1.9 million tons, down by 15.4%. In particular, the port transported 1.7 million tons of slabs, down by 13.3%. (Ukrainian metal)
Despite crisis, Russian metal companies Evraz, Severstal and MMK, accounting for over 50% of steel output in the country, do not intend to decrease investments. In particular, next year Severstal will spend 1.7 billion rubles on investments, up by 23% YoY. Evraz will increase its annual investments to $1 billion in 2020-2023 from the previous…
Mining and metal companies are the best employers in Russia, according to the Forbes rating. The first place is occupied by Norilsk Nickel. It is followed by the gold-extracting Polyus. Polymetal has also entered the top-5. Severstal is on the 14th position, Russian Copper Company – on the 29th, NLMK – on the 36th, MMK…
In January-October Zabaikalye Railroad transported 172 thousand tons of containers, up by 33.7% YoY. In particular, domestic transportation accounted for 47.2 thousand TEU (+14.4%), transit – 43.5 thousand TEU (+46.7%), export – 2.9 thousand containers (-23.9%) and import – 78.3 thousand TEU (+45.4%). The railroad transported 22.9 thousand TEU of metal wares (+44.1%), 8.8 thousand…
In October Ukrainian metal companies decreased natural gas consumption by 7% MoM, to 130 million cubic meters. In 10 months consumption grew by 1%, to 1.53 billion cubic meters. Electricity consumption in October decreased by 4%, to 850 million kW-h, and in 10 months – by 3%, to 9.47 billion kW-h. (Ukrainian metal)
