Due to the implementation of energy saving techniques Abinsky Electrometallurgical Works was able to considerably increase output. In November 2017 the arc furnace shop suspended operation due to the breakdown of the arc furnace transformer. In March the operation was resumed, and the works reached the full capacity again. One of the records was set…
Net profit of Evraz in January-June grew to $1.145 billion from $86 million in H1 2017. Free money flow increased from $549 million to $661 million, while the debt dropped by $646 million, to $4.786 billion. Consolidated EBITDA went up by 65.5%, to $1.906 billion. (Ukrainian metal)
Tau-Ken Altyn gold refinery produced more than 10 tons of pure gold in the first six months of 2018. “The gold refinery sent more than 10 tons of 9999 refined pure gold bars to the National Bank,” its representative Muratbek Zhanas declared. “This year the Tau-Ken Altyn refinery is expected to refine and sell 20…
Ukrvtorchermet has finished restructuring liabilities to the state Oschadbank. The amount of the liabilities is not disclosed. The company procures and processes ferrous metals scrap and waste. (Ukrainian metal)