For the third year in a row Taganrog Iron and Steel Works has been receiving losses.
Thus, in 2018 Tagmet net losses amounted to 2.139 billion rubles, up by 15% YoY.
In 2017 the losses exceeded 1.86 billion rubles, and in 2016 – 885 million rubles.
In 2012-2015 the company was seeing profit.
Last year Tagmet sold 43.83 billion rubles worth of metal, up by 21% YoY.
Sales loses exceeded 1.42 billion rubles. (Ukrainian metal)