In 2017 the Meta Group of Companies, a part of ChTPZ, sold 1.32 million tons of scrap, down by 2.5% YoY, including 829 thousand tons of its own procurement, up by 69 thousand tons, and 491 thousand tons of transit scrap.
Among the group participants the sales growth leaders were Vtorchermet (+30.7 thousand tons), Meta-Chelyabinsk (+27.2 thousand tons), Meta-Yekaterinburg (+34.1 thousand tons) and Meta-Perm (+0.8 thousand tons).
In H2 2017 the group opened the following subsidiaries: Meta-Surgut (3.3 thousand tons), Meta-Center (1 thousand tons) and Meta-North-West (1.1 thousand tons).
“In September 2017 prices for steel scrap increased to the record high of 17.2 thousand rubles per ton. Moreover, Meta was able to increase the sales of such high value goods as non-ferrous and alloyed scrap by 41%, or by 10 thousand tons”, Meta CEO Andrei Pavlov noted. (Ukrainian metal)