Ukraine: Dneprometiz profits in 2019

In 2019, Dneprometiz received 25.24 million UAH of net profit, while in 2018 it had a net loss of 7.5 million UAH. Undistributed profit totaled 37.09 million UAH. Accounts receivable dropped by 5.4%, to 152.54 million UAH, with fixed liabilities down by 2%, to 22.01 million UAH, and current liabilities – by 26.1%, to 277.45…

Ukraine: coke output down in January-February 2020

In January-February, Ukrainian by-product coke plants decreased 6% moisture metallurgical coke manufacture by 5.9% YoY, to 1.601 million tons. In February, 774 thousand tons of coke were produced. In particular, Avdiivka Coke and Chemical Plant decreased output by 172%, to 491 thousand tons (235 thousand tons in February), Azovstal – by 1.3%, to 225 thousand…

Russia: Severstal annual purchases exceed $6 billion

Average volumes of purchases by Severstal exceed $6 billion a year. 50% account for machinery and services, and 50% – for scrap, raw materials and energy resources. Overall the group purchases are divided into over 100 categories (ferroalloys, refractories, machinery, etc.). As Severstal investment program is growing, so are the purchasing quantities. (Ukrainian metal)

Russia: Mechel net profit up in 2019

In 2019, Mechel increased net profit by 25% YoY, to 5.33 billion rubles. In 2016, profit was 15 billion rubles, while in 2014 the company saw a loss of 3 billion rubles. Revenue dropped by 9%, to 112.99 billion rubles. Sales profit decreased from 13 billion rubles to 3 billion rubles. (Ukrainian metal)