Russian metal-makers estimated the industry’s losses at 500 billion rubles over five years

According to Association «Russkaya Stal», due to existing infrastructure restrictions and adoption of new ones, the Russian ferrous metallurgy may lose an amount that makes up two-thirds of all investments in the industry over the past five years

Russian pipe manufacturers try to expand access to Gazprom’s purchases

Pipe manufacturers try to overcome the trend of Gazprom to purchase large-diameter pipes (LDP) from a single supplier, which is increasingly becoming Zagorskiy Pipe Plant (ZTZ). The issue was discussed in the Ministry of Industry and Trade; as a result, Gazprom was offered to implement an algorithm for competitive procurement of LDP based on the standard developed by the Ministry and the FAS. The standard assumes a radical change of mechanism: lots for a maximum of 160 thousand tons

Shipments of Brazilian slabs sharply increased the American steel imports in October

According to the American Iron and Steel Institute (AISI), with reference to preliminary data from the US Customs Service, in October 2018, national steel imports amounted to 2.96 million tons

Russia and China reach a new level of partnership in the electric power industry

Pavel Livinskiy took part in the first Russian-Chinese Energy Business Forum inaugurated in Beijing. The head of «Rosseti» spoke at section «Electric Power and Coal Industry» held with the participation of financial and IT organizations.

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