In 2020, ArcelorMittal Temirtau received a net loss of 29.652 billion tenge as opposed to a net profit of 80.648 billion tenge in 2019. Revenue grew by 12%, to 720.498 billion tenge, while gross profit decreased 3.7-fold, to 41.467 billion tenge. EBITDA was -32.23 billion tenge versus 106.046 billion in 2019. Last year, AMT produced…
Value of steel exports from Turkey to Azerbaijan grew from January through July, the Turkish Ministry of Trade reported. According to the ministry, this indicator amounted to over $56.1 million, up by 0.5% YoY. In July, Turkey exported steel worth more than $7.9 million to Azerbaijan, up by 18.9%. (AzerNews/Ukrainian metal)
Yuzhkoks intends to completely reconstruct gas-heating system of coke-oven batteries Nos. 5, 6 and 7. In particular, gas heaters will be removed from the battery tunnels. In January-July, Yuzhkoks produced 439 thousand tons of coke, up by 16.8% YoY, with 62 thousand tons produced in July. (Ukrainian metal)