In Q3 Nadezhdinsky Iron and Steel Works received 185.5 million rubles of net profit, down by 3% QoQ, while in Q3 2016 the company received 112 million rubles of net profit. In January-September NMZ received 447.9 million rubles of net profit, up from the net loss of 1.21 billion rubles in January-September 2016. In Q3…
In January-October Kazakhstan produced 19.2 thousand tons of uranium, down by 5.5% YoY. According to the Ministry of Energy press-service, in 2016 uranium output totaled 24 thousand tons, in 2015 – 23.8 thousand tons. Kazakhstan is the world leader in natural uranium mining. (Ukrainian metal)
In October Russia produced 6.225 million tons of steel, up by 5% YoY, with 6.025 million tons produced in September. In January-October steel output in Russia totaled 60.428 million tons, up by 3% YoY. Ukraine decrease output in October by 4.7% YoY, to 1.91 million tons (1.845 million tons in September), and by 10.9% YoY…
In January-October Suntarceolit LLC mined 19.2 thousand tons of coal, up by 20.8% YoY. According to the company statement, every year it renews its machinery park to keep the stable output level. Annual output quota is 25 thousand tons. “This year we have purchased 2 MAN trucks and a KAMAZ gasoline tank truck. Next year…
In October Russia produced 4.4 million tons of pig iron, down by 11.7% YoY (4.26 million tons in September). In January-October pig iron output totaled 43.136 million tons, down by 15.5% YoY. Ukraine produced 1.655 million tons of pig iron in October, down by 14.6% YoY (1.6 million tons), with 16.121 million tons manufactured in…
In mid-August ZEMZ received a batch of Bosio heating furnaces. Now the new batch of furnaces is being assembled in the export site of the rolling shop No. 3. The first 5 furnaces will be assembled and commissioned in January 2018. The company started assembly on November 7. The foundations for all the 5 furnaces…
The arbitrary court of the Kemerovo region has introduced 6-months bankruptcy proceedings at the Zarechnaya Coal Company. Sergey Tushkov has been appointed the insolvency administrator. His report is expected on May 7, 2018. The company accounts payable are 33.4 billion rubles. (Ukrainian metal)
Zaporozhye Titanium and Magnesium Works has concluded an agreement with Mars-A LLC on the purchase of coal valued at 8.11 million UAH. By the end of the year the company will have supplied 1500 tons of coal of unknown grade at 5405 UAH per ton. The price meets the lower border of the top-10 summer…