Russia: Polyus net profit up in 2019

In 2019 Polyus increased net profit 4.1-fold YoY, to $1.944 billion. EBITDA grew by 44%, to $2.68 billion, and revenue – by 37%, to $4.005 billion. In Q4 2019 net profit increased 2.3-fold QoQ, to $697 million, EBITDA – by 25%, to $883 million, and revenue – by 20%, to $1.287 billion. (Ukrainian metal)

Belarus: sales of metal products via Belarusian Universal Commodity Exchange up in January 2020

The volume of metal products sold via the Belarusian Universal Commodity Exchange (BUCE) in January amounted to Br90 million, up by 8% YoY, the BUCE press service reported. Ferrous metals and goods made of them dominated the structure of the sales. These products accounted for 83% of the total trade turnover in the section of…

Russia: Electrocable buys new loaders

Electrocable Kolchugino Works has purchased five new lift-trucks. Their combined cost exceeded 13 million rubles. In particular, the company bought one 16-ton forklift diesel loader and four 3- and 5-ton loaders. The new machines will replace outdated units. This year Electrocable intends to buy 4 more loaders. (Ukrainian metal)

Ukraine: steel semi-finished products exports down in January 2020

In January Ukraine exported 631.309 thousand tons of semi-finished steel products valued at $232.382 million, down by 25.2% and by 35.9% YoY respectively. According to the customs statistics, the main customers were Turkey (32.58%), Italy (20.53%) and Bulgaria (11.25%). In January Ukraine imported 2.392 thousand tons of semi-finished products, down 5.3-fold YoY, valued at $967…