In 2018 UGMK-Stal produced over 1.1 million tons of steel. In particular, Nadezhdinsky Iron and Steel Works increased output by 5% YoY. The company also sold 564 thousand tons of rolled metal and mastered the manufacture of 4 new sections and 13 steel grades. The share of rebars in the Electrostal Tyumeni output decreased to…
In 2018 PMH consolidated revenue exceeded 89 billion rubles, up by 5% YoY. The prime cost of products sold totaled 64.4 billion rubles, up by 12%. Gross profit dropped by 10%. EBITDA was 19.3 billion rubles, almost flat YoY. Net profit decreased by 83%, to 1.3 billion rubles, mostly due to currency exchange rate difference.…
NLMK participated in the Skolkovo Startup demo-day in Lipetsk as part of the Open Innovations Startup Tour. The tour aims at finding new promising projects. At the preliminary stage NLMK representatives have reviewed 40 projects in the sphere of metallurgy, energy, repair and HR. Leaders of the best projects have been invited to Lipetsk. In…
In February, Russia exported 403.5 thousand tons of raw aluminum, up by 48% MoM and by 61.7% YoY. Revenue grew by 51% and by 62.4% respectively, to $741 million. In January-February, exports totaled 675.8 thousand tons valued at $1232 million, up by 42% and by 40% YoY respectively. In February the average aluminum price was…
In January-march, the time to deliver ferrous scrap over railroad to metal companies totaled 5.1 days, up by 7.7% YoY. The minimal time (4.5 days) was in Q1 2015 and Q1 2017. This year the batches with the total weight of up to 260 tons (77% of all shippings) were delivered within 5.4 days, up…
Baldzha LLC, developing alluvial sites in Zabaikalye region, intends to yield some 800 kg of gold this year. The initial quota each year is 300 kg. But the enterprise tries to get more. Last year the plan was 700 kg, but the final result was 706 kg, an absolute record in 30 years. The washing…
In 2019 the gold-extracting factory of Polyus Aldan, which operates on the territory of the Kuranakh ore field in Yakutia, intends to process 5.6 million tons of ore with the average content of 1.2 g of gold per ton. In March the record volume of gold was received – 1 ton. By the end of…
The wheel and tyre shop of Evraz NTMK has started using a 3D-printer to manufacture a range of unique parts. This has allowed decreasing machinery down time, as all the necessary parts are always available. Their prime cost is dozen times cheaper and the time to produce is just several shifts. The shop intends to…