Ukraine: new foundry opens in Melitopol

Despite several years of military activity, the city of Melitopol, situated not far from the war zone, is developing machine-building. Soon the TurboCom group of companies will open a new manufacturing complex EcoPromLit. The company will produce cast iron according to gasifiable pattern molding. With the help of this method some 30% of castings are…

Ukraine: pig iron prices to grow

The state enterprise Ukrpromvneshexpertisa forecasts that pig iron prices will continue growing influenced by the expected growth of scrap price. By the end of November the rolled metal trade will have revived, which will allow exporters to increase prices. The forecast range of prices for November is $320-370 per ton FOB. In October negative trends…

CIS: pig iron output down in June 2017

In June Russia produced 4.55 million tons of pig iron, down by 7.7% YoY (5.095 million tons in May). In January-June pig iron output decreased by 1.7% YoY, to 30.186 million tons. Ukrainian pig iron output in June totaled 1.52 million tons, down by 13.9% YoY (1.61 million tons in May), with 9.658 million tons…

CIS: pig iron output down in May 2017

In May Russia produced 4.3 million tons of pig iron, down by 2% YoY. In 5 months pig iron output dropped by 0.6% YoY, to 21.634 million tons. Ukraine in May decreased pig iron manufacture by 31.8% YoY, to 1.53 million tons, with 8.058 million tons produced in January-May, down by 20.9% YoY. Kazakhstan pig…