Main indices of steel industry of Russia operation in 2018

Abstract

Extensive analysis of Russia steel industry state in 2018 presented. Dynamics and structure of main kinds of products production by Russian and world steel industry shown. Russia occupies the sixth position in the world among the biggest steel producers having the yearly volume of production of 71.7 mt (103.0% to 2017). Steel-works of Russia in 2018 produced 51.8 mt of hot metal. The production of finished rolled products equaled to63 mt. In 2018, the share of BOF steel and arc-furnace steel in the total volume of steel smelting reached 97.8% comparing with 97.5%in 2017. In 2018, the summarizedexport value of raw materials, ferroalloys, steel ingots, billets and rolled products increased by 22.4% comparing with 2017 and was equal to USD 25.6 billion. The summarized import value of raw materials,ferroalloys, steel ingots, billets and rolled products increased in 2018 by 6.2% comparing with the value of 2017 and was equal to USD 6.8 billion. Domesticconsumption of ferrous metals rolled products and steel pipesin 2018, due to preliminary estimation, totaled 39 and 10 mt correspondently. Economic indices of Russia steel industry plants operation quoted. The expenses of main steel-works per 1 ruble ofsold products in 2018 reduced by 5.8 kop. or 6.9% comparing with 2017, the products profitability (relation of sale profit to the product cost) increasedby 8.9%, the labor productivity in cost terms increased by 18.3%. The expenses per 1 ruble of sold products in 2018 at pipe-making plants reduced by 1.06% comparing with 2017, the products profitability increased by 1.14%, and the labor productivity increased in cost terms by 17.2%. Data on specific consumption of raw materials, materials and technological fuel for production ofhot metal, steel and rolled products in 2018 quoted, comparing with similar indices of 2017. Information on investment programs of Russian metallurgical and pipe-making plants, realized in 2018, quoted.