Steel

Since the beginning of the year, steel production in Kazakhstan grew by 8.5%

In October 2017, metallurgical enterprises of Kazakhstan produced 0.378 million tons of steel, which is by 6.7% more than in the previous year and by 3.9% than in the previous month.

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The share market opens with an increase in RTS by 0.4% and a decrease in the MICEX by 0.01%.

On Monday the Russian stock market opened on a multi-polar blue chip price dynamics amid a decrease in global stock exchanges, the weakening of the rouble and oil on Friday; the MICEX and RTS index

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The new engine MMK is recognized as the "Event of the Year".

According to Russian automotive and business announcements, the Magnitogorsk Metallurgic Plant (MMK) won the prestigious award "The Main Event of the Year in Russian Metallurgy".

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ACRA: steel production in Russia may exceed 74 mln tons in 5 years

According to the forecast of the Analytical Credit Rating Agency (ACRA), by 2022 the annual steel production in Russia can exceed 74 million tons.

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In Q3, TMK made the net profit in the amount of $22 mln against last year’s loss

In the third quarter of 2017, the TMK's net profit under IAS made up $22 million against the loss in the amount of $19 million in the same period last year, the company’s press release in

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Russian Steel raises forecast of steel consumption growth in Russia in 2017 to 5.5%

The association Russian Steel, which unites the largest producers of ferrous metals and pipes in Russia, has raised the forecast for the growth in the domestic steel consumption in 2017 to 5.5%, wh

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Amurmetal to reduce its dependence on scrap metal

Electrometallurgical plant Amurmetal is working out options for using alternative types of raw materials in the production of steel.

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In January-September the Russian Federation increased the export of flat-rolled products.

During January-September 2017 exports of ferrous metals (72 groups) from Russia totaled 30.94 million tons, down 3.4% year-on-year.

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NLMK predicts growth in steel demand in Russia by 5% in 2017

NLMK has forecasted growth in the demand for steel in Russia by 5% in 2017 compared to 2016, as it follows from the presentation of NLMK’s vice-president Ilya Gushchin.

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