In January, Boeing carried out an inspection of the Kamensk-Uralsky Iron and Steel Works rolling manufacture. Following the audit, considered successful by the parties, only one minor inconsistency was discovered. The manufacture of sheets of specific size was approved. After the inconsistency was eliminated, KUMZ received a confirmation from Boeing granting the right to produce…
Kamensk-Uralsky Iron and Steel Works decided not to publish its financial report on 2018. The financial results will be approved at the general meeting of the shareholders on May 23. In 2017, KUMZ received 24.98 billion rubles of revenue, up by 10% YoY. Sales profit grew by 10%, to 3.97 billion rubles, but net profit…
Under the program to increase capacity Kamensk-Uralsky Iron and Steel Works has commissioned a Danieli-Freling finishing stand of the hot-rolling mill. At present the company is testing other machinery as well. The rolling complex project will allow the company producing qualitatively new semi-finished products. The design capacity of the complex is 166 thousand tons. Since…
Under the project to commission new capacities of the second stage of the new rolling complex, the Kamensk-Uralsky Iron and Steel Works is finishing testing the finishing stand of the Danieli-Freling hot-rolling mill. The tests started in July. The project will allow the company supplying new semi-finished products to customers. The design capacity of the…
Kamensk-Uralsky Iron and Steel Works has received a bankruptcy action for the debt of 753.6 thousand rubles. The claimant is a Moscow company TD Trackt. The Sverdlovsk arbitrary court is entertaining another action against KUMZ for the debt of 782.3 thousand rubles. (Ukrainian metal)
According to MetalInfo rating for the first half-year, Kamensk-Uralsky Iron and Steel Works has been named the leader among the major Russian manufacturers of rolled aluminum. The rating was created on the basis of the survey of metal products buyers, market experts and the companies’ analysis. In H1 KUMZ increased sales by 7% YoY, with…
Kamensk-Uralsky Iron and Steel Works has put into operation the roughing stand of the new hot-rolling mill. Now the company is able to produce plates with the thickness of 10-210 mm, width of 3 meters and the length of 32 meters. The stand has been commissioned under the rolling complex project with the capacity of…
By mid-June, according to the schedule, the tests of the roughing stand of the new Danieli-Freling hot-rolling mill will be completed. In late June the stand will be put into operation and will start producing plates with the thickness of 20-210 mm. The finishing stand will be commissioned in the third part of June. The…