PJSC ArcelorMittal Kriviy Rih, the biggest steel company of Ukraine, has announced its financial results for 2017. Key financial results are as follows: Net income from sales – $2.489 billion (UAH 66.19 billion). Net profit – $0.19 billion (UAH 5.06 billion). Amount of investments (CAPEX and OPEX) – $0.338 billion (UAH 9 billion). In recent…
In 2017 Energomashspetsstal received 930.56 million UAH of losses, down by 38% YoY. According to the company information, since the beginning of the current year its uncovered losses totaled 7.89 billion UAH (7.013 billion UAH in 2017). In 2016 EMSS decreased losses 2-fold YoY, to 1.498 billion UAH. Last year the company assets dropped slightly…
On March 22 the arc furnace No. 1 was put into operation. Now the steel manufacture of Belarus Iron and Steel Works operates in normal mode with 3 furnaces. On March 12 repairs at the arc furnace No. 3 were completed. The repairmen were able to finish the work 3 days earlier. On March 17…
Mine named after Matrosov, a part of Polyus, plans this year to mine 5 tons of gold at the Natalkinskoye deposits in Magadan region. When the project reaches its full capacity, the output will total 12 tons per year. Together with other enterprises, Natalka could bring the combines gold output of the region to 40…
In 2017 Berezitovsky Mine LLC, a part of Nordgold, produced 2.933 tons (94.3 thousand ounces) of gold, up by 18% YoY. According to the company press-service, the increase has to do with the growth of the manufacturing efficiency as well as commissioning of the third stage of the quarry. Last year the company mined some…
A new drilling rig began operating in the Stoylensky Mining and Processing Works quarry. It has been purchased under the renovation program to replace outdated machinery. The efficiency of the new rig is 7% higher. The new machine also boasts increased lifetime of 2 years and decreased terms of repairs. (Ukrainian metal)
In 2017 Raspadskaya increased deliveries of coking coal to Evraz Ukraine enterprises 9-fold YoY, to 506 thousand tons. The share of Evraz Ukraine in the total sales of coal concentrate grew to 8% in 2017 from 1% in 2016. Last year the company sold 7.494 million tons of coal concentrate and ordinary coal, up by…
In February Evraz NTMK decreased railroad sales of rolled metal by 6.1% YoY, to 280.2 thousand tons. In January-February sales dropped by 12.7%, to 586 thousand tons. In particular, supplies to domestic consumers decreased by 7.5%, to 289.2 thousand tons, and for export – by 17.2%, to 296.8 thousand tons. (Ukrainian metal)