Russia: VSMPO-Avisma sales up in 2017

Last year VSMPO-Avisma increased titanium sales by 14% YoY. The company revenue dropped by 4.9%, to 72.435 billion rubles, with net profits down by 28%, to 19.138 billion rubles. The main factor of the decrease was the strengthening of the ruble, resulting in the drop in export revenue in rubles by 9%. EBITDA decreased by…

Ukraine: natural gas consumption by metal companies down in February 2018

In February Ukrainian metal companies consumed 160 million cubic meters of natural gas, down by 20 million cubic meters MoM. Average daily consumption dropped by 0.1 million cubic meters, to 5.7 million cubic meters. In January-February Ukrainian metal companies consumed 340 million cubic meters of natural gas, down by 12% YoY. Average daily consumption totaled…

Ukraine: growing rolled metal imports threatening local market

In January-February Ukraine produced 2977 thousand tons of rolled metal, of which local customers received only 334 thousand tons, or 11.3% of the total volume. “In January-February 2017 of 3188 thousand tons produced 2536 thousand tons (79.5%) were exported, while the rest (652 thousand tons, or 20.5%) were sold domestically”, reported Ukrmetallurgprom. This year Ukraine…