In 2016 Yekaterinburg Non-Ferrous Metals Processing Works received $346 million of revenue, down by 12% YoY. According to the company statement, exports earned the most – $235 million. Net profits of the company decreased to $8 million from $23 million in 2015. “Earnings in the industry in 2016 decreased 2-fold, net profits – 4-fold. There…
In January-March Amurmetal received 897.855 million rubles of net losses, down by 17.1% YoY. According to the company report, earnings dropped 12.6-fold, to 133.684 million rubles. In Q1 Amurmetal decreased steel output 6.5-fold YoY, to 13.57 thousand tons, and rolled metal – 8.8-fold, to 2.4 thousand tons. (Ukrainian metal)
In 10 years of operation Kazakhstan Electrolysis Works, a part of ERG, produced 2 million tons of primary aluminum. KEZ is one of the first major industrial projects of the modern Kazakhstan. At the end of 2007, when the first stage of the works was put into operation, 11 thousand tons of primary aluminum were…
The new owners of Shadrinsk Metal Structures Works will invest around 1 billion rubles into modernization. In the first place Invest, the owner of the works, will construct the galvanizing line. It is expected to be put into operation in spring 2018, while the main manufacture (of metal structures) – in the second half of…
Severstal, one of the world’s leading vertically integrated steel and mining companies, has signed contracts for the engineering and supply of equipment for the refurbishment of blast furnace No. 5 at the Cherepovets Iron and Steel Works. The Netherlands-based engineering company Danieli Corus B.V. will provide the furnace casing and the cooling system equipment including…
The state gas-extracting company Ukrgazdobycha has ordered Interpipe the delivery of 17 thousand tons of casing pipes valued at 839.197 million UAH. The company will buy 14350 tons of assorted casing pipes, 2150 tons of casing pipes with premium threads and 500 tons of triangular thread casing pipes. According to the agreement the pipes have…
In April Coal Energy S.A. decreased coal output by 66.4% (by 15.3 thousand tons) YoY, to 7.7 thousand tons. According to the company statement, output went up 3.8-fold MoM, or by 5.7 thousand tons. Coal Energy unites 10 coalmines. It supplied coal to thermal power plants, coke and cement works. It also exported to Bulgaria,…
In January-March the thermal power plants of DTEK Zakhidenergo consumed 173 thousand tons of coal, mined by Volynugol and Lvivugol, or 74% of their total sales. In 2016 the DTEK share in Lviv-Volyn miners sales was 66% (667 thousand tons), in 2015 – 49% (486 thousand tons). At present the purchase of Ukrainian coal is…