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…
In November Ukrainian metal companies received 2.5 million tons of iron ore raw materials, on the October level. At the same time coal supplies dropped by 14% MoM, to 1.12 million tons. Coke deliveries were on October level at 965 thousand tons. Imported coal share was 78%, and coke – 13.8%. In January-November metal and…
In November Ukrainian metal companies consumed 165 million cubic meters of gas, up by 10% MoM. According to Ukrmetallurgpromgas, in 11 months gas consumption grew by 3% YoY, to 1.6 billion cubic meters. Metal companies also consumed 10.5 billion kW-h of electricity, down by 11%. (Ukrainian metal)
In January-November Russian seaports increased throughput by 9% YoY, to 716.7 million tons. According to the Association of Sea Trade Ports, coal throughput went up by 13.3% YoY, to 141.1 million tons, while that of ferrous metals dropped by 1.6%, to 25.5 million tons. (Ukrainian metal)
In January-October Ukraine sold 1.721 trillion UAH worth of goods and services, up by 24.06% YoY. According to the State Statistics Service, in October mining and processing products sales increased by 23.1% YoY, including exports – by 24.9%: in particular in mining – by 24.2% (by 6.9%) and in processing – by 22.9% (27.1%). The…
The volume of metal wares output in Volgograd region in January-October 2017 totaled 44 billion rubles, up by 8.3 billion rubles. Modernization of metal machinery at the local plants positively affects the industrial indexes. In particular, the revamping projects are carried out at Volzhskaya Kuznitsa LLC, Volzhsky Pipe Works LLC. This year Severstal Ropes has…
According to the Russian Steel Association, in 2017 local steel consumption will grow by 5.5% YoY. The previous forecast, published in June, presupposed the growth of steel consumption by 2%. “The positive dynamics of metal consumption is shown by the machine-building sector – 14%. Steel consumption by car manufacturers will increase by 9%, and by…
In January-October metal consumption in Ukraine increased by 18% YoY, to 4.37 million tons. According to Ukrmetallurgprom, 1.08 million tons (24.7%) were imported, up by 23.4%. Imports structure changed this year. The flat rolled metal dominates the imports with the share of 58.4% against 64%, while the share of long rolled metal increased from 34.3%…