Belarus, Russia Metals and Mining
In February of the current year, according to railway statistics, the export of Russian ferrous scrap to Belarus amounted to 93 thousand tons.
In 2016, Izhstal (a part of the Mechel group) increased the volume of the supply to the largest Belarusian manufacturer of automotive vehicles MAZ by 71%.
Belarus announces of the fall of the Russian cargo fall to Europe, including coal by more than 20%, oil products by 15%, the Minister of Transport and Communications of Belarus, A. Sivak, said.
Coal transportation via Belarus annually made up 24-27 mln tons. According to the Minister, it is not due to the mutual sanctions.
Belarus states the fall of transit of the Russian cargo to Europe, including coal by more than 20%, oil products by 15%, the Minister of Transport and Communications of Belarus, A. Sivak, said.
“Coal shipment via Belarus annually made up 24-27 mln tons. One should not say this is connected with the mutual sanctions”, he said.
According to Mr. Sivak, there are new approaches to coal in the UK and Poland.
The Minister said that it is not easy to replace these flows.
There is a rise of cargo shipment from the Baltic countries to the Ukraine – by 26% in 2014. But these are small volumes anyway, he said.
"Uralkaliy" will have to invest to save the stocks on emergency mine.
"Uralkaliy" announced a review of the development strategy until 2020: the company will increase its investment due to an accident at the mine in Solikamsk, but part of its reserves can be maintained. This news encouraged the investors: the company's shares rose by 6.9%. However, "Uralkaliy" acknowledged the risk of problems in the Asian sector of trading: the conclusion of the Chinese contract is delayed, and the company may assign this market "Belaruskali" to bet on lower prices.
According to updated information of the World Steel Association Worldsteel, in August 2014 the total steel production in the CIS countries decreased by 6.5% as compared with the same period of the previous year to 72.018 million tons.
In January - April of 2014, the exports of steel fittings from Ukraine to Russia fell by almost twice - up to 100 thousand tons.
In January - April of 2014 the exports of steel fittings in the Russian Federation fell to 282 thousand tons, which is almost twice less than in the same period last year (YoY). This was a reference to the customs and railway (by countries of the transport union) statistics, news agency metaltorg.ru reported.
Last year, export of Russian ferrous scrap metal to Belarus was significantly less than in the previous yearEdited by Rhod Mackenzie / 2014-04-08 04:51:33
According to railway statistics, in March of the current year, the export of Russian ferrous scrap metal to Belarus made up 80.2 thousand tons.
This is by 24.5% more than the purchases in the previous month. But in comparison with the previous year, the purchases fell by 47%.
In the third quarter of 2013, the Uralkali’s proceeds under IAS fell by 19% as compared with the same period of the last year to $856 million, the company reports. The report doesn’t say about net profit.
In this period, the average potassium price decreased even more - by 27%. Potassium fell in price from $228 to $192 per ton on the domestic market and from $373 to 272 per ton on the external market.
The Eurasian Economic Commission has announced the start of an antidumping probe concerning bars, made in the Ukraine and imported to common customs territory of the Customs Union. The date of the investigation beginning is November, 20th.
Initiators of the investigation are Evraz ZSMK, NSMMZ, ChMK, CherMK and MMK.