(c) shutterstock.com
According to the State Statistics Service, the Industrial Product Price Index (IPPI) increased by 8.1% on average in January to July compared to the same period of 2018: by 9.6% domestically and by 1.6% abroad.
In the iron & steel sector, the price index for iron ore mining increased by 14.5% on average: by 3.8% domestically and by 24.7% abroad. While the prices in the steel industry and production of finished steel products dropped by 4.8%: by 4.3% domestically and by 5.4% abroad.
As reported earlier, in 2018, IPPI grew by 17.3%, in the iron ore mining industry — by 14.6%, in the steel industry and production of finished metal products — by 16.7%.
In May, China increased its production of crude stainless steel by 2 per cent month-on-month…
PJSC Zaporizhcoke, one of Ukraine’s largest producers of coke for the metallurgical industry, saw its…
The Spanish company Hydnum Steel (HS) has secured €60 million in funding as part of…
Five Japanese industry groups representing the country’s steel sector have issued a joint statement criticising…
Algeria and Qatar have reached an agreement to expand the capacity of their joint steelworks…
The Brazilian government has strongly criticised recent decisions by the US and the EU to…