Summarizing the Karaganda region’s socio-economic performance in January-September, akim (governor) of the region, Yermangabet Bulekpayev, said that industrial output in the region had reached 4 trillion tenge. He noted that the region now planned to give a fresh impetus to its mining and metallurgical industries. “Qarmet is modernizing its production with investments totaling 1.6 trillion…
According to World Steel Association (WSA) April report, this year world steel demand will grow by 1.3%, to 1735 million tons. Next year the growth will continue (by 1%), to 1752 million tons. In the CIS countries the steel demand will increase by 1.4%, to 57 million tons. And in 2020 it will grow by…
In January Russia exported 3.355 million tons of ferrous metals, down by 1.1% YoY. According to the Federal Customs Service, steel semi-finished products accounted for 1.306 million tons, up by 9.3% YoY. Flat rolled metal exports dropped by 10.5%, to 0.652 million tons. In monetary terms ferrous exports decreased by 6.6%, to $1.567 billion, with…
Deliveries of rolled metal and pipes to Russia in January-November 2018 grew by 20.7% YoY, to 2.11 million tons. Bars and sections account for 53% of exports, up by 28.3%. Rebars and rolled wire saw the growth of almost 2-fold. Flat rolled metal exports increased by 3.9%, to 33.7%. The sales of semi-finished steel products…
Russian steel manufacturers have started increasing prices for local customers because of the ongoing growth of export prices. Thus, NLMK has increased its January 2018 prices for hot- and cold-rolled metal by 10%, and Severstal – by 4%. Steel started getting expensive in December. In just one week (December 15-22) average local prices have grown…
Ukrainian metal companies cut steel production by 17% in 2014 compared to 2013, to 27.161 million tonnes, the Metallurgprom association (Dnipropetrovsk) has told Interfax-Ukraine. (https://www.kyivpost.com/content/ukraine/ukraine-cuts-steel-smelting-by-17-in-2014-due-to-hostilities-in-ato-zone-376779.html)
The latest analysis from Wood Mackenzie focuses on the crisis in Ukraine, and the growing challenges affecting the coal, power and steelmaking space.