CIS ferro-manganese markets: current state & future

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CIS ferro-manganese markets: current state & future Andrey Pupchenko, Head of Raw Materials Research, Metal Expert Research Group, Ukraine Metal Bulletin's 23 Metal Bulletin's 23 rd rd International Ferro- International Ferro- alloys Conference, Monte Carlo, Monaco, 2007 alloys Conference, Monte Carlo, Monaco, 2007

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Metal Bulletin's 23 rd International Ferro-alloys Conference, Monte Carlo, Monaco, 2007. CIS ferro-manganese markets: current state & future. Andrey Pupchenko , Head of Raw Materials Research, Metal Expert Research Group, Ukraine. Main points of the presentation. - PowerPoint PPT Presentation

Transcript of CIS ferro-manganese markets: current state & future

Page 1: 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

Page 2: CIS ferro-manganese markets: current state & future

Main points of the presentation 

Manganese alloys market structure in the CIS

CIS ferro-manganese markets: key issues

CIS manganese market forecasts

Page 3: CIS ferro-manganese markets: current state & future

Manganese alloys market structure in the CIS

Page 4: CIS ferro-manganese markets: current state & future

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Ukraine Russia Kazakhstan Georgia

CIS manganese market structure

Major producers in the CIS manganese market

Source: Metal Expert‘000 tonnes

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CIS manganese alloys production & export

Source: Metal Expert

CIS manganese market structure

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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%

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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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CIS ferro-manganese markets: key issues

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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

Page 12: CIS ferro-manganese markets: current state & future

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

Page 13: CIS ferro-manganese markets: current state & future

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

Page 14: CIS ferro-manganese markets: current state & future

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%

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CIS manganese market forecasts

Page 16: CIS ferro-manganese markets: current state & future

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%

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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

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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)

‘000 tonnes Source: Forecasts of SiMn, FeMn and FeSi till 2017

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CIS manganese market forecasts

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Manganese alloys availability from the CIS will remain high

‘000 tonnes Source: Forecasts of SiMn, FeMn and FeSi till 2017

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CIS manganese market forecasts

Page 20: CIS ferro-manganese markets: current state & future

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all the products in English are customized for the needs of the companies and specialists working with the CIS.

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Page 21: CIS ferro-manganese markets: current state & future

Special products about CIS ferro-alloys industry Special products about CIS ferro-alloys industry from Metal Expertfrom Metal Expert

Analysis, short-term forecasts and cost model in a single

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Long-term forecasts

Page 22: CIS ferro-manganese markets: current state & future

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

url: url: www.metalexpert-group.comwww.metalexpert-group.com