Russian companies are ready to sell more metal products via OAO Belarusian Universal Commodity Exchange (BUCE). The relevant statement was made by President of the Russian Union of Metal and Steel Suppliers Alexander Romanov during the roundtable session held to discuss the production and consumption of ferrous and non-ferrous metals in the Republic of Belarus,…
The Sumgayit Technologies Park (STP) delivered the first cargo of galvanized steel products to Germany for construction of a new plant of the German auto giant BMW in Cologne, the STP reported. “A contract for supply of the first cargo of metal products to Germany was signed with the contractor company, DMT Foundry GmbH, and…
In January-February Ukraine consumed 527 thousand tons of metal, of which 193 thousand tons, or 36.6% were imported. In January-February 2017 local market consumed 788.1 thousand tons, of which 136.1 thousand tons, or 17.3% were imported. Thus, while the consumption fell by 33%, imports grew by 42%. The share of the flat rolled metal in…
The Steel Industry Company says the prices for rolled metal in April will increase. The growth has to do with the change in the world prices, as well as the increase in metal consumption both on world and domestic markets, resulting in the shortage of steel and creating prerequisites for the price increase. Many Russian…
The Volgograd-based Spetsmetall-Volga has filed a claim to the Arbitrary Court of the Volgograd district asking to declare the Volgograd machine-building company VgTZ LLC insolvent. Because of the large debt the company, which is a part of the Tractor Works concern, could be declared bankrupt by the court. The debt amounts to 1 million rubles.…
A Group is expanding the territory of its activities and is opening a subsidiary in the city of Bryansk. The goal of the subsidiary will be to stock and supply pipes and rolled metal of the major Russian manufactures to the customers in the Bryansk and nearby regions. The size of the warehouse allows stocking…
The prices of enterprises manufacturing industrial products, as well as providing production services, increased by 1.4% in Kazakhstan in January 2018 compared to December 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan said in a message. During the reporting period, prices for coal went up by 6%, and metal ore – by…
The MetalTrade Group of Companies (Chelyabinsk) notes the price increase on the metal market. Thus, major pipe manufacturers have announced the growth of price by 2 thousand rubles per ton on average, Bar manufacturers decided to decreased sales to domestic market to continue increasing prices in February and March. Flat cold-rolled metal is expected to…
