In February Ukrainian metal companies decreased gas consumption by 25 million cubic meters MoM, to 175 million cubic meters. Average daily gas consumption totaled 6.3 million cubic meters, down by 0.2 million cubic meters. In January-February metal companies consumed 375 million cubic meters of gas, up by 18% YoY. Average daily consumption totaled 6.4 million…
On March 1-13, the average daily metal output dropped by 7-9% MoM. According to Ukrmetallurgprom, as of March 14, 17 out of 28 blast furnaces (61%), 13 out of 21 converters (62%), 7 out of 9 open-hearth furnaces (78%) and 6 out of 16 arc-furnaces were in operation. Alchevsk, Yenakievo and Donetskstal Iron and Steel…
In February throughput of the Sverdlovsk railroad totaled 10.6 million tons, up by 3.2% YoY. The average daily throughput increased by 377 thousand tons. In January-February throughput increased by 1.6% YoY, to 21.4 million tons. In particular, the railroad transshipped 1.5 million tons of ferrous metals, up by 2.7% YoY, 320 thousand tons of ferrous…
The State Fiscal Service has unveiled the scheme of fake technology on metal waste processing at one of Kriviy Rih companies. According to the service, the officials of the metal works supplied controlled companies with 70 thousand tons of iron-containing mud valued at 3 million UAH. Then, having forged processing documents, the raw materials were…
The minister on North Caucasus Lev Kuznetsov together with the chairman of the Kabardino-Balkaria government Aliy Musukov visited the Gydrometallurg works in Nalchik. The company CEO Igor Morozov demonstrated technological processes and new machinery to the guests. “In addition to the construction of the new production complex at Gydrometallurg, the government of the republic settles…
250 million rubles will be sent to support mining and metallurgical companies of Primorye. The financial support is provided under the new local decree “On industrial policy”. At present the department of industry of the Primorsky Krai is preparing the documents on granting subsidies to mining and metal companies. The new decree “On industrial policy…
In 2016 steel consumption dropped by 4% YoY, to 40 million tons. This year consumption is expected to grow by 1.2% YoY, to 40.48 million tons. The demand for steel in Russia could grow for the first time in the last 4 years thanks to the improvement of the economy. Still market participants do not…
In January industrial output in Ukraine increased by 5.6% YoY. According to the State Statistics Service, processing industry showed the largest increase – by 9.9%, while mining industry growth was the lowest – by 0.3%. In particular, metal output increased by 8.5% YoY, rubber and plastic wares – by 20.3%, machine-building – by 16.1%, textiles…
