The Ukrainian Metal

Russia: ChMK profits up in Q1 2017

In January-March Chelyabinsk Iron and Steel Works, a part of Mechel, received 950.3 million rubles of net profits, up 2.3-fold YoY.

The company revenue increased by 42% YoY, to 30.333 billion rubles.

Sales reached 862 thousand tons, up by 1.6% YoY. (Ukrainian metal)

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