Tajikistan hopes to attract additional investments of $300 million in mining and metallurgical sphere. “The volume of investments in the next 5 years has to reach 2.73 billion somoni”, the government approved program of development till 2025 says. Additional investments will help local companies modernize existing capacities and commission new ones, as well as develop…
In March 113.3 million tons of cargo were transported by railroad, up by 0.5% YoY. In Q1 transportation grew by 0.7%, to 318.7 million tons. In particular, in three months Russian railroad transported 29.3 million tons of iron and manganese ore, up by 7.7%. The transportation of ferrous metals dropped by 1.7%, to 19.4 million…
Russia notified the World Trade Organization (WTO) of the possibility of retaliation against E.U. tariff quotas on steel imports, according to the WTO documents. The European Commission introduced up to three-year restrictions on imports of 26 categories of steel products on February 2, after the U.S. set up steel import duties. The measures consist of…
In January-February domestic consumers received 555.9 thousand tons of rolled metal, with 186.9 thousand tons, or 33.6% imported. In January-February 2018, domestic market consumed 663.1 thousand tons, of which 193.1 thousand tons, or 29.1% were imported. Thus, this year metal consumption dropped by 16.2%, with imports down by 3.2%. Most metal was supplied from the…
The government has discussed the state program of industrial and innovative development for 2015-2019. The share of the processing industry in the GDP structure increased from 10.1% to 11.6%. Last year two major projects were carried out – the Bakyrchikskoye Mining Enterprise and the Sary-Arka Copper Processing Company were put into operation. This year it…
In 2018 capital investments in the sector of metallurgy and metal manufacture grew by 41.7% YoY, to 25.56 billion UAH. According to the State Statistics Service, the total growth of capital investments in the industry was 31.6%, to 179.7 billion UAH. In 2017 investments in metallurgy increased by 25.8% YoY, to 18 billion UAH. (Ukrainian…
In 2018 metal products accounted for 24.6% of the total volume of exports. According to the Ministry of economical development and trade, metal exports grew by 14.9% YoY, to $11.6 billion. Metal industry provided for the second largest contribution to exports after agriculture. The share of agriculture products in the exports was 39.3%, or $18.6…
In January the Novosibirsk subsidiary of the First Cargo Company increased the ferrous metals transportation 1.7-fold YoY, to 38 thousand tons. “The positive dynamics is due to the consumption growth on the domestic market and high demand from North-Eastern Africa and the Near East”, the subsidiary director Yevgeniy Dolzhenko said. Ferrous rolled metal transportation grew…