Ukrainian metal companies expect the Turkish import duties to be lifted. At present the two countries are negotiating trade. “We hope that as the result of the talks duties on our products will be cancelled altogether or step by step. Any country is interested in the exports of high value added products. The market of…
Gaz-Aliance Company LLC (Nizhny Novgorod), controlled by the fugitive Ukrainian entrepreneur Sergey Kurchenko, from the ex-president Victor Yanukovich gang, in July-August exported $70.6 million worth of pig iron and other metal products, produced by the metal companies, seized in February-March by the Russia-supported militants on the occupied areas of Lugansk and Donetsk regions. In late…
Kama-Trade Tatarstan LLC, one of the leading metal suppliers, will open a service metal-processing center on EPS cleaning of metal in the city of Naberezhniye Chelny. The company has received 228 million rubles from the Fund of mono-cities development for the project. Total investments will reach 570 million rubles. By 2019 the project will have…
According to the market participants, in September prices for rolled metal will continue growing mostly due to the ongoing price increase on world markets and the ruble weakening. MMK has already informed its customers of the price increase in September, namely of 10-18% on bars and sheets. The seasonal revival of the demand and the…
The growing prices on the world market and the weakening of the ruble will be the main reasons for the increase of the metal products price on local market in September. MMK has already informed many of its customers of the price increase in September – by 10-18% on rolled metal, including coated. The seasonal…
According to the Russian Railroads, in January-July the company transported 727.3 million tons of cargo, up by 3.3% YoY. In particular, the railroads transported 206.1 million tons of coal, up by 9.8% YoY, and 8.5 million tons of ferrous scrap, up by 2.4%. At the same time transportation of coke decreased by 1.6%, to 6.5…
In January-June, according to railroad statistics, the delivery (including imports) of metal products for construction to the trade networks and direct supplies from metal companies to construction enterprises decreased by 3.6% YoY. Bars constituted 43.5% of all deliveries, having increased by 0.2% YoY. Roof steel totaled 8.8%, down by 17.5%. Shaped sections (beams, channel, angles)…
In June, according to the railroad statistics, direct deliveries of rolled steel and pipes to the major oil and gas companies totaled 306 thousand tons, down by 12.5% MoM, but up by 21% YoY. In May the results were lower by 4.9% MoM, but higher by 17.4% YoY. In January-June oil and gas companies received…
