Russia: bar market to grow in 2017

Severstal forecasts that in 2017 the bar market will grow by 3-5%. At the same time at present the market is characterized by the decrease in consumption (by 25% from 2013 to 2016), as well as excessive capacities. In 2016 bar consumption was on the level of 7.912 million tons, with capacities loading at 62%.…

Russia: metal market situation discussed in Moscow

Moscow hosted a round table on metal market situation. Among the presenters were Zhanna Pets, the ChTPZ information-analytical department director, Arthur Krasavin, Mechel-Service marketing department director, and Zhanna Raus, Dialvest development director. In particular, Zhanna Pets reported on pipe market situation, noting that in 2017 it would decrease by 1% YoY, to 9.99 million tons.…

Azerbaijan: metal imports down in 2016

In 2016 Azerbaijan imported 291.1 thousand tons of steel, up by $4%, valued at $176 million. According to the State Statistics Committee, ferrous metals bars imports dropped by 63.1%, to 97.73 thousand tons at $43.6 million, ferrous angles – by 39.2%, to 28.39 thousand tons at $20.4 million, and ferrous pipes – by 53.9%, to…

Russia: metal prices up in January 2017

In January Russian manufacturers increased prices by 12.7% YoY. According to Rosstat, the highest increase was observed in iron ore prices – by 21.7%. Machinery and equipment for metal industry increased in price by 16.8%, quarrying machinery – by 15.8%. Copper prices went up by 6%, pig iron, steel and ferroalloys – by 4.6% on…

Kazakhstan: metal export prices up in 2016

According to the Statistics Committee of the Ministry of national economy, export prices in 2016 increased by 9.4% on average, import prices – by 16.4%. The highest increase in export prices was observed in zinc (by 72.8% YoY), lead (54.5%), ferrous metals (37.2%), aluminum (28.2%), coal (25.5%) and ferroalloys (24.1%). Ferrous and non-ferrous metal ores…