Kazan Aviation Works has carried out modernization of its manufacturing premises. The company used corrugated sheet produced by Stalnye Konstructsii. Such sheets have improved bearing capacity. (Ukrainian metal)
Inoxpoint goes on expanding the geography of sales in Russia. Now it has opened a subsidiary in Kazan. The subsidiary offers the wide range of stainless rolled metal from the leading world manufacturers. At present the company trades in stainless sheet, bars and sections, etc. (Ukrainian metal)
VTB bank has reported that it has started cooperation with “UralSibTrade. Siberian region” and has opened a 150 million rubles line for 2 years for it. The goal of the financing is the crediting of the current operations. “We carry out work with companies interested in the development of their business. I am sure that…
In July the Russian steel market is bound to start improving. According to MMK Trading House LLC director Denis Lyadov, in late 2016 Russian metal makers started increasing steel prices following its prime cost growth. But in spring roads were closed and the delivery dropped. This year the company intends to sell over 1 million…
The Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY. Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%. In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase…
In May railroad transportation increased by 3.5% YoY, to 106.5 million tons. According to the Russian Railroads, in January-May throughput increased by 3.8% YoY, to 516.9 million tons. Coke transportation in 5 months increased by 1.3%, to 4.7 million tons, ferrous scrap – by 7.4%, to 5.6 million tons. At the same time ferrous metals…
SteelAsia Manufacturing Corp. (the Philippines) has concluded an agreement with two Russian companies aiming at long-term cooperation with them. Under the $250 million contract Evraz will annually supply 50 thousand tons of billets to SteelAsia works in Davao City and in the Bulakan province. In Q1 the group purchased 240 thousand tons of Russian billets…
In 2016 Russia consumed 2.6 million tons of galvanized steel and 1.9 million tons of polymer-coated rolled metal. Metal Profile Company processed and sold some 600 thousand tons of coated metal, according to the company commercial director Dmitry Andreev. The expert noted a worrying trend of thinning metal. In 2015 0.3-0.35 mm thick steel consumption…