Metals Consulting International Limited (MCI), the independent iron and steel sector management consulting firm, announces the merger of its advisory business with that of Saint Barbara, advisors to the world’s metals, minerals and mining industries. MCI mostly undertakes iron and steel sector due diligence and feasibility study work for clients in Western, Central and Eastern…
In February, metal and mining enterprises decreased average salaries compared with January, all except for pipe companies. In particular, average wages at mining enterprises in February was 16859.4 UAH, down by 4.8% MoM. By-product coke companies posted an average salary of 17298 UAH, down by 6.7%, ferrous metal companies – 16162.6 UAH, down by 7.2%,…
The construction readiness of the rolling mill that will make metal sheets and tinned iron in Miory district, Vitebsk region stands at 93%. The enterprise’s Director General Piotr Shimukovich made the statement while taking Prime Minister of Belarus Sergei Rumas on a tour of the construction site on March 27. The prime minister visited the…
In January-February, Ukrzaliznytsia increased iron ore, manganese ore and scrap transportation by 8% YoY. In particular, transportation of iron and manganese ore grew by 8.1%, ferrous metals – by 0.1% and scrap – by 8.7%. At the same time transportation of coke fell by 22.7%. According to the State Statistics Service, the dynamics of scrap…
In January-February, metal companies in Ukraine retained gas consumption on the previous year level – 310 million cubic meters. At the same time, electricity consumption decreased by 5%, to 1.83 billion kW-h. In 2019, metal companies decreased gas consumption by 2% YoY, to 1.8 billion cubic meters, and electricity consumption dropped by 5%, to 11.2…
In January, Russia’s exports totaled $29.9 billion, down by 7.9% YoY. According to the Federal Tax Service, the share of metal and metal wares was 8.7% (8.6% in January 2019). The share of exports to far foreign countries dropped from 8.1% to 7.5%, but to CIS grew from 13.1% to 18.6%. Exports of aluminum decreased…
In January-February, seaports increased cargo transportation by 0.7% YoY, to 132.4 million tons. Dry cargo transportation dropped by 2.3%, to 54.9 million tons. Ferrous metals accounted for 4.5 million tons, down by 11.2% YoY. In particular, Port St. Petersburg increased ferrous metals transportation by 27%, to 1022.6 thousand tons, but the port of Taganrog decreased…
In January-February, Ukrainian seaports exported 6.6 million tons of iron ore, up by 41% YoY. Transportation of ferrous metals grew by 7.8%, to 30.5 million tons, rolled metal – by 10%, to 1.96 million tons, and pig iron – by 12.2%, to 436.6 thousand tons. At the same time transportation of scrap dropped by 14.2%,…
