VSMPO-Avisma has a large-scale investment plan for 2020. It will be the first step of a new growth strategy to be carried out until 2026. Infrastructure and industrial safety will see the largest investments. In the corporation itself the most will be invested in the modernization of smelting furnaces. Instead of the disassembled Retec a…
Poltava Mining and Processing Works will increase its statutory capital by 62.3%, or by 1.19 billion UAH, by issuing additional shares. The National commission on securities and stock market registered the issue on October 18. As of July 31 PGOK statutory capital amounted to 1.9 billion UAH and was divided into 191 million shares with…
In September deliveries of lime via railroad dropped by 28% YoY and by 33% MoM, to 18 thousand tons. At the same time in 9 months deliveries grew by 28%, to 282 thousand tons. The main consumers of lime are metal companies. In particular among them are ArcelorMittal Kriviy Rih (started buying in August), Dneprovsky…
Metalloinvest will redeem its BO-01 bonds with the volume of 10 billion rubles earlier than necessary. The redemption will take place on October 29. The company issued bonds in November 2015 with the interest rate of 11.85% and the maturity rate of 10 years. (Ukrainian metal)
This season Dalnevostochniye Resursy Company has extracted 1,046 kg of alluvial gold. Compared with the previous year the output remained unchanged. The company operates in Khabarovsk region. “This year we washed at 5 deposits. At the start of the season we expected to obtain 986 kg of gold, but we were able to exceed the…
In January-September Mechel received 4.58 billion rubles of net profit as opposed to a net loss of 11.484 billion rubles last year. Revenue grew by 28%, to 12.157 billion rubles. Gross profit increased by 28.1%, to 12.094 billion rubles, and sales profit – by 31.7%, to 10.888 billion rubles. Mechel’s fixed liabilities decreased by 11.3%,…
In September Dneprospetsstal decreased steel output by 6% YoY, to 18,184 tons. Rolled metal output dropped from 13,229 to 11,843 tons. In July-September DSS steel output grew by 1.9% QoQ, to 56,645 tons, while rolled metal manufacture did not change – 38,987 tons. (Ukrainian metal)
In September limestone deliveries by railroad decreased by 9% YoY, to 0.95 million tons. In 9 months deliveries totaled 8.4 million tons. The largest consumer is Dniepropetrovsk region – 43%. The top-3 regions (Dniepropetrovsk, Donetsk and Zaporzhye) consume some 85% of limestone. Metal industry enterprises consume the most limestone. They have increased purchases by 2%.…