The forecast for the Russian steel sector in 2017 is negative due to weak domestic demand, international rating agency Moody’s said in a research note. The outlook for the European steel sector is also negative due to risks of “price falls and profitability pressures on the back of competition from cheap imports”, the agency said.…
In January-September Ukrainian market received 3 million tons of rolled metal (without pipes), up by 20.8% YoY. With pipes deliveries total 3.33 million tons. In the reporting period Ukraine imported 0.48 million tons of metal, or 16.1% as opposed to 13.6% in January-September 2015. The growth trends over January-September have been observed in beams (up…
Belarus and Pakistan are mulling over a joint steel production project, the press service of the Belarusian Industry Ministry reported. “Minsk hosted an official meeting of the Belarusian Industry Ministry authorities led by Minister Vitaly Vovk with Ahmad Ayaz Sadiq, Vice President at Barclays Bank Plc, Director for FI and NBFI Coverage in the Middle…
In January-October prices of processing companies increased by 16.2%, of mining – by 14.9% YoY. Zinc prices went up by 50.9%, ferroalloy – by 47.7%, ferrous rolled metal – by 40.1%, precious metals – by 40%, lead – by 32.8%, aluminum – by 11.6%, copper – by 8.3%. (Ukrainian metal)
At present Ukrzaliznytsia cannot transport cargo for mining-metallurgical complex of Ukraine in full due to the lack of cars and trains, as well as weak purchases of fuel and spare parts. “This is mostly our fault. We can’t satisfy the needs of our clients”, said the state enterprise head Wojciech Balczun. According to him, Ukraine…
In January Ukraine produced 1920 thousand tons of pig iron, 1938 thousand tons of steel and 1689 thousand tons of rolled metal, up by 112% and 103% and down by 98% YoY respectively.
Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
In 2015 industrial product prices increased by 25.4%.
