Uzbek President Shavkat Mirziyoyev has approved the plan of measures in connection with the construction of a mining and metallurgical complex based on the Tebinbulak deposit. The new complex will be built by 2024. Its capacity will be up to 1 million tons of steel products per year. The country’s government approved a preliminary feasibility…
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…
In 2017 Russian Railroads throughput increased by 3.2% YoY, to 1.261 billion tons. According to the company statement, coal transportation grew by 9.1% YoY, to 358.5 million tons, iron and manganese ores – by 0.9%, to 110.5 million tons, ferrous metals – by 2.8%, to 73 million tons, and ferrous scrap – by 4.8%, to…
Ukraine’s metallurgical sector has plunged into recession mainly due to the crisis in the eastern region of Donbas. Last year, the output of steel, one of the main exports items of Ukraine, fell by 12%, while the production of pig iron and rolled metal was down by 15% and 14%, respectively, according to Ukrmetallurgprom association’s…
In November 2017 ferrous metals throughput remain on the previous year level – 6.1 million tons. And in 11 months railroad transported 65.8 million tons of ferrous metals, up by 1.8% YoY. According to Severstal, domestic demand in 2017 will grow by 7% YoY, to 40 million tons of steel. Growth of demand for metal…
In January-November industrial output in Donetsk region decreased by 12.4% YoY, and in November – by 10.3% YoY, but grew by 3.6% MoM. In November coke output increased by 1.1%, metal – by 3.7%, and coal – by 20.1%, all MoM. At the same time, in YoY terms coke manufacture dropped by 6.1% and metal…
The construction of new steelsmelting capacities by China in the Russian Far East is not only against the Global steel forum ideology, but also against the industry meetings decisions taken in 2016. “The idea of the Chinese metal makers to create capacities outside of China is the aim of their industry to decrease environment impact”,…
Chinese company Debang Guangdong plans to create a $5 billion cluster for deep processing of steel in Russia’s Primorsky region, Yao Xiaodong, chairman of the board of directors, announced “We want to set up a metallurgical production base in the Primorsky region. The territory of the Far East has resources that are necessary for the…
