On February 28, Amurmetal resumes operation after an almost monthly stand still. The company will be working at night under cheaper energy tariffs.

So far 9 thousand tons of scrap have been accumulated.

In late January Amurmetal was purchased by Torex (Khabarovsk) for 2.46 billion rubles. The purchase agreement has not been signed yet, though the buyer has paid 20% of the amount (490 million rubles).

At present the works employs 3.5 thousand people.

The employees have received a part of their January wages, the rest will be paid by mid-March.

In 2016 Amurmetal produced 185.5 thousand tons of steel, down by 65.5% YoY, while its capacities allow it to produce 2 million tons per year. (Ukrainian metal)

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