CIS ferro-manganese markets: current state & future
description
Transcript of CIS ferro-manganese markets: current state & future
CIS ferro-manganese markets: current state & future
Andrey Pupchenko, Head of Raw Materials Research, Metal Expert Research Group, Ukraine
Metal Bulletin's 23Metal Bulletin's 23rdrd International Ferro-alloys International Ferro-alloys Conference, Monte Carlo, Monaco, 2007Conference, Monte Carlo, Monaco, 2007
Main points of the presentation
Manganese alloys market structure in the CIS
CIS ferro-manganese markets: key issues
CIS manganese market forecasts
Manganese alloys market structure in the CIS
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Ukraine Russia Kazakhstan Georgia
CIS manganese market structure
Major producers in the CIS manganese market
Source: Metal Expert‘000 tonnes
CIS manganese alloys production & export
Source: Metal Expert
CIS manganese market structure
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Mn alloys production Mn alloys export
Apparent consumption of manganese alloys in the CIS
Source: Metal Expert
CIS manganese market structure
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Russia Ukraine Kazakhstan‘000 tonnes
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Mn alloys output Mn alloys export
Zaporozhye FP8%
Zestafon FP3%
others2%
Norway2%
Kosaya Gora 30%
Nikopol FP18%
Satka 37%
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FeMn production SiMn production
Export keeps staying tiny in Russian output
SiMn output slows down, FeMn – stays stable
Key players in the domestic SiMn market
Key players in the domestic FeMn market
Russian manganese market
Nikopol FP22%
Zaporozhye FP
22%
Cheliabinsk9%
Kazchrome (Aksu FP)
21%China
3%
other2% Norway
3%
Zestafon FP7%
Stakhanov FP
11%
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Mn alloys production Mn alloys export
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SiMn production FeMn production
Ukrainian manganese market
SiMn output grows, FeMn – stays stable
Export continues to dominate in Ukrainian output
Key players in the domestic SiMn market
Key players in the domestic FeMn market
Zaporozhye FP
47%
Stakhanov FP
26%
Nikopol FP16%
import11%
Zaporozhye FP
39%Stakhanov FP6%
Nikopol FP47%
Kramatorsk SW3% import
5%
Kazakhstan manganese market
Export continues to dominate in Kazakhstan output
Mn alloys consumption in Kazakhstan stays stable
Key players in the domestic SiMn market
Key players in the domestic FeMn market
Aksu FP98%
Temirtau works
2%
Russia27%
China4%
Ukraine69%
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Mn alloys output Mn alloys export
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CIS ferro-manganese markets: key issues
Russian SiMn & FeMn prices: is there any difference?
$ per tonne
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Russia, local SiMn prices
Russia, local FeMn prices
Dominance of SiMn in Russian domestic
consumption
CIS ferro-manganese market analysis
HC FeMn32%
MC FeMn
5%
SiMn63%
% of Mn content
Zaporozhye FP8%
Zestafon FP3%
others2%
Norway2%
Kosaya Gora 30%
Nikopol FP18%
Satka 37%
Major players in Russian FeMn market in 2006
CIS ferro-manganese market analysis
Local supplies occupy 67% of Russian market…
…but they do not have their own raw materials resources
Share of Ukrainian producers, which are integrated, accounts only 26%...
…but there are duties against Zaporozhye (25%) and Nikopol (7%) in Russia
Another integrated producer – ENRC – does not produce ferro-manganese
import
domestic players
CIS ferro-manganese market analysis
Key players in FeMn production in the CIS
‘000 tonnes
SiMn70%
FeSi8%
FeMn22%
SiMn14%
FeSi6%
FeCr80%
FeSi56%
SiMn5%
FeCr39%
Privat group
ENRC
Sibir-Ural metallurgical company (Chelyabinsk group)
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Kosaya Gora
Satka
Privat group
CIS ferro-manganese market analysis
Others12%
Kazakhstan88%
Import of manganese ore into Russia
Deliveries of manganese ore into Ukraine
Ordzhonikidze31%
Ghana22%
Australia7%
Marganets25%
South Africa5%
Gabon10%
CIS manganese market forecasts
Steel production in the CIS – major consumption driver
Steel production forecasts for Russia, Ukraine and Kazakhstan,
million tonnes
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Steel output structure
Source: Forecasts of SiMn, FeMn and FeSi till 2017
CIS manganese market forecasts
BOF59%
EAF11%
OHF30%
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OHF19%EAF
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BOF59%
Unit consumption of manganese alloys is decreasing in the CIS
increase of continuous casting share in steelmaking
decrease of open-hearth furnace steel output
Manganese consumption in the CIS, kg per tonne
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CIS manganese market forecasts
But real consumption will not change considerablyCIS domestic deliveries will stay at current level due to decrease in unit
consumption
CIS production will stay high due to increased output in Georgia, (gross
weight)
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CIS manganese market forecasts
Manganese alloys availability from the CIS will remain high
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CIS manganese market forecasts
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Thank you very much for your attentionThank you very much for your attention For further information please contact
Andrey PupchenkoHead of Raw Materials Research
Metal Expert Research Group
Naberezhnaya Pobedy Str., 48-bDnepropetrovsk, 49094, UkraineTel./fax +38 0562 39 88 50Tel./fax +38 0562 39 88 50
e-mail: e-mail: [email protected]@metalcourier.com
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