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Daily Archives: 08.09.2020

Ukraine: bad quality scrap share increases

Interpipe, scrapBy admin08.09.2020Leave a comment

Interpipe notes a large drop in scrap procurement in Ukraine together with the growth of the bad quality scrap. “Scrap procurement in Ukraine has decreased because of the pandemic leading to a drop of steel output. There is some scrap shortage, but the losses are minimal”, Interpipe CFO Denis Morozov has said. According to him,…

Ukraine: Kremenchuk Steel Works net profit down in 2019

Kremenchuk Steel WorksBy admin08.09.2020Leave a comment

In 2019, Kremenchuk Steel Works received net profit of 67.22 million UAH, down 3.1-fold YoY. Undistributed profit was 121.87 million UAH. The shareholders at a meeting intend to decide on the distribution of profit for 2018-2019 (in 2017 the loss amounted to 5.49 million UAH). Preliminary it is proposed to spend the net profit of…

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