Tendencies of development in the Russian Foundry Industry 2019

Russia`s cast production ranks at about 4.25 million t p.a. (2017) ranks 6th worldwide after China, India, USA, Japan and Germany and thus accounts for about 4% of world production.

During the international exhibition Litmash, as always very well organized by Messe Düsseldorf and Micha Mandel and his team, Prof. Ivan Dibrov from the Russia Foundry Association gave speech about the current status and perspectives for the Russian foundry industry.

Russia wants to produce 8 million tons of castings per year by 2030
Most foundries in Russia produce for the needs of their own industry or are in-house foundries. The main customers are Automotive, Agriculture and Railway, with cast iron accounting for over 52%, Steel 27% and Aluminum 14%.

In view of many challenges Russia faces in achieving this goal, Dibrov expects about 5.2 million t to be produced in 2020 and up to 8 million t of cast p.a. in 2030, in addition to more steel and Non-Ferrous production.

As far as cast imports are concerned, the numbers are still stable despite all the restrictions. In 2016, 33% came from the EU, followed by imports from China and the former states of the Soviet Union (CiS).

Dibrov sees significant problems in capacity utilization in Russian foundries, which currently stands at just 32%, and business productivity could also be significantly better.

In order to pursue the ambitious goals by 2030, it would also be necessary to look to Europe in the future for the best equipment.

Litmash offered the best opportunity to meet almost all well-known companies and suppliers this year, and provided them the opportunity to present their machines and products, and expand and strengthen established connections.

News No: 4695
Date: 2019/05/31 - 19:52
News Source: Foundry Planet

Russian  Foundry  Industry  USA  CiS 


Leave a Comment:


Chinese Crude Steel Output Hits Record High in May’19

As per the recent data released by NBS (National Bureau of Statistics), Chinese crude steel output records new high in May’19 at 89.09 MnT.

Turkey: Imported Scrap Prices Drop to 1-Month Low in Recent Deals

SteelMint learned from industry participants that Turkish steel mills have continued fresh deep sea cargo bookings to take advantage of low global offers. Prices have moved down further by USD 5-6/MT against that of reported in the beginning of this week.

Pakistan Budget FY20 : What Does it Mean for Steel Sector ?

SteelMint learned in recent conversations with industry participants that Pakistan’s government has declared its fiscal year 2020 budget yesterday.

Indian Steel Market Weekly Snapshot

Indian Steel market remained on down trend during the Week-23 (1st to 8th Jun’19) as the prices dipped owing to lack of domestic & export inquiries. Meanwhile supply of across all products was healthier, while demand lessened in across region.

Nation built on gold loses its African crown to rival Ghana

South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as continental leader to Ghana.

Global Billet Market Overview: Week 22, 2019

Billet export offers from CIS nations weakened following drop in scrap prices. Turkey’s scrap import prices witnessed a decline this week; a drop of USD 8-10 is reported against last week. SteelMint’s assessment for US origin HMS (80:20) stands at USD 304/MT, CFR Turkey, lower by around USD 8- 10 against last week. This drop is weakening the billet trade sentiments across the globe.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners