In April metal companies consumed 140 million cubic meters of natural gas, down by 18% MoM. In January-April gas consumption totaled 650 million cubic meters, down by 2% YoY, taking into account operation of assets on non-controlled territory in January-February 2017, or up by 9% without them. Electric energy consumption in 4 months reached 4…
Goods worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in January-April, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2%, while the manufacture of finished metal products grew 2.2-fold. Azerbaijan produced 97,800 tons of fittings, up by…
The Cabinet of Ministers of the Republic of Tatarstan has reviewed the agreement on the operation on the territory of the social and economical development “Nizhnekamsk”. The Cabinet has approved the proposition of the Russian-Chinese Kamastal LLC to organize the manufacture of coated steel coils. Shandong Baikal Group will be the Chinese investor. The cost…
The Ministry of Industry and Trade intends to provide state support to domestic metal enterprises to actively increase exports. “As to the metal industry, the development of exports depends on geopolitical factors. But the deep processing both in ferrous and non-ferrous metallurgy will provide for the increase of Russia’s export potential”, the minister Denis Manturov…
Nibulon non-self-propelled NBL-002 vessel transported the first batch of Ukrainian metal from Kamianske (Dnipropetrovsk region) to Yuzhnyi Port on April 21. Nibulon continues implementing its large-scale investment project aimed at increasing the volume of goods transported by river up to 4 million tons per year. The company plans to achieve this figure within the next…
Dutch metal processing company Focus Fabrication Group plans to build a 3,800 square meter metal processing plant in the port of Klaipeda by the middle of 2019. The plant would produce various pipe constructions by processing 10,400 kilograms of metal a day. Exports would mainly go to Western European oil and gas companies. (BNN/Ukrainian metal)
The Federation of Metal Makers of Ukraine forecasts losses of the mining and metal complex (accounts for 6-7% of diesel fuel consumption) at 2.5 billion UAH per year in case fuel gets more expensive because of imposition of import quotas. According to the Federation chairman Sergey Belenkiy, this accounts for both purchases of fuel and…
The working group of the Zaporozhye region state administration has carried out checks of the local companies dealing with metal processing, as well as their collection centers and manufacturing sites. 13 enterprises were checked. Of them only one – Razvitiye-SV – corresponded to all the legislation norms. The Khormet company will be checked again. At…