Russia: Amurmetal sees losses in Q3 2016

In Q3 Amurmetal received 748.3 million rubles of net losses, up by 2% QoQ. The company revenue totaled 989 million rubles, down by 25% QoQ. Liquid steel smelting dropped by 60% YoY, to 167.84 thousand tons. In January-September Amurmetal received 2.56 billion rubles of net losses, up by 27% YoY. The company produced 71 thousand…