The Ukrainian Metal

Russia: ChMK sales down in January-February 2018

In February Chelyabinsk Iron and Steel Works decreased railroad sales of rolled steel by 8.1% YoY and by 13% MoM, to 260.3 thousand tons.

In 2 months sales dropped by 1.5%, to 560 thousand tons.

Delivery to local customers decreased by 6.5%, to 478.1 thousand tons, while exports jumped by 42.6%, to 81.6 thousand tons.

In 2017 ChMK net profit fell 2.8-fold, to 5.392 billion rubles, while revenue grew by 10.7%, to 118.567 billion rubles. (Ukrainian metal)

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