Mr. Rostislav Shurma, general director of Zaporizhstal Group, said that Zaporizhstal Group, part of the Ukrainian iron and steel holding Metinvest, posted a net profit of UAH 200 million in the first half of 2013, compared with a net loss of about UAH 500 million in the same period last year.

Mr. Shurma said that “The concern has substantially improved its production and technical indicators in all areas. In the majority of them it is in first place, by productivity of plant, by cost measures”, adding that Zaporizhstal was conducting intensive work to raise the quality of output. (SteelGuru)

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