Chelyabinsk Iron and Steel Works is increasing rail and beam mill product range – the company has mastered the manufacture of a new channel for the construction industry. A trial batch of the 30P channel has been produced. The product quality corresponds to GOST 8240. The first batch of 20 tons has been shipped to…
Donskoy Antrazit, a part of Ukrainian DTEK, in 2018 received 709.3 million rubles of net debt as opposed to 453 million rubles of net profit in 2017. Revenue grew by 2%, to 2.1 billion rubles. Gross profit fell by 21.7%, to 475.4 million rubles, and sales profit by 27.3%, to 313 million rubles. EBITDA was…
In 2018 Obukhovskaya Mine Group, a part of Ukrainian DTEK, decreased net profit by 7.1% YoY, to 2.2 billion rubles. Revenue grew by 21.3%, to 13.7 billion rubles. Sales profit went up by 28.9%, to 4.1 billion rubles, while EBITDA dropped by 5.6%, to 2.8 billion rubles. The company accounts receivable increased from 1.3 billion…
ArcelorMittal Kriviy Rih will invest over 10 million UAH in the construction of a gas pipeline with the length of 3.8 km. After the construction the pipeline will be surrendered to the Krivorozhgas gas company free of charge to supply gas to over 35 thousand consumers in the Dolgintsevsky and parts of Metallurgichesky and Inguletsky…
In January-July Central Mining and Processing Works increased pellets output by 0.1% YoY, to 1.356 million tons. In 7 months iron ore manufacture grew by 3.2%, to 2.495 million tons. In July CGOK produced 214 thousand tons of pellets and 373 thousand tons of concentrate, up from 207 thousand tons and 353 thousand tons in…
Global trends on switch to low-carbon and “green” economy directly affect the volume of coal consumption in Kazakhstan, the Ministry of Industry and Infrastructure Development reported. “Notwithstanding this fact the coal industry goes on being one of the most important resource spheres of economy. The share of coal industry to country’s GDP amounts to 0.3%,…
Severniy Mining and Processing Works has provided 3.2 million UAH for the reconstruction of a square and a shopping mall in the Damansky micro-district in the city of Krivoy Rog. The square and the building, which houses a post office, a bank and shops, were constructed in early 1980s, but had not been repaired since.…
Beloretsk Iron and Steel Works has signed a major long-term agreement to supply wire to RZD Trading House, the RZD procurement division. The new agreement is valid till March 2022. Under the contract BMK will supply over 43 thousand tons of high-strength wire for the ferroconcrete sleepers reinforcing. The first batch has already been shipped.…