In April-June Tulachermet received 2.03 billion rubles of net profit, up from 434 million rubles in Q1. Consolidated net profit in H1 exceeded 2.46 billion rubles, as opposed to the net loss of 896 million rubles in H1 2017. Revenue in 6 months reached 29.07 billion rubles, up by 24% YoY. In Q2 the company…
In January-June Sinarsky Pipe Works received 337.76 million rubles of net profit, down 3-fold YoY. Net profit in Q2 exceeded 243.7 million rubles, up from 94 million rubles in Q1. Revenue in H1 reached 21.44 billion rubles, up by 16% YoY. In Q2 revenue increased by 5% QoQ, to 10.98 billion rubles. (Ukrainian metal)
In April-June the Electrostal Metallurgical Works received net profit of 54.7 million rubles as opposed to 562 million rubles of net losses in Q1. Still, in half a year the company saw the net loss of 507.06 million rubles (158 million rubles of net profit in H1 2017). Revenue in 6 months dropped by 6%…
As of August 1, Magadan region yielded 18905 kg of gold and 417.4 tons of silver. Gold output increased by 3008.6 kg YoY, with silver output up by 12.7 tons. Tenkinskiy town district was the leader in ore gold output (6678.4 kg), with Susuman town district leading in alluvial gold manufacture (3196.6 kg). Alluvial gold…
In January-July Nikopol Ferroalloy Plant increased output by 8.6% YoY, to 469.88 thousand tons. In particular, silicomanganese manufacture grew by 14.6%, to 442.73 thousand tons, but ferromanganese production fell by 54.7%, to 20.85 thousand tons. The output of other ferroalloys grew 18-fold, to 6.3 thousand tons. (Ukrainian metal)
In January-July Ferrexpo produced 6.007 million tons of pellets, up by 2% YoY. At the same time concentrate output dropped by 2.1%, to 7.244 million tons. In July the company produced 912 thousand tons of pellets and 1.085 million tons of concentrate. In Q2 Ferrexpo was carrying out repairs of the pellets line No. 1,…
Until the end of the year the Kapitalnaya mine of the state enterprise Mirnogradugol, the Kurakhovskaya mine of the state enterprise Selidovugol and the Yuzhnodonbaskoye No. 1 Mine Group will put new long faces into operation. “The government has this year transferred 341 million UAH for the modernization of coal mines”, the vice-prime minister Vladimir…
The prices of precious metals decreased on August 16, according to the data published by the Central Bank. The price of gold decreased to a 20-month low, by 23.528 manats, to 1,995.6725 manats per ounce on August 16 compared to the price on August 15. The last time the price of gold was below 2,000…
