In 2017 ArcelorMittal Kriviy Rih increased net profit by 87% YoY, to $190 million (5.06 billion UAH). According to the company statement, net income totaled $2.489 billion (66.19 billion UAH). Investments last year reached $0.338 billion (9 billion UAH). “This year AMKR will continue investing in developing capacities. The planned amount for this year is…
In February metal exports from Ukraine dropped by 5.5% MoM, to 638.6 thousand tons. According to the state enterprise Derzhzovnishinform, revenue decreased by 4.4%, to $828.8 million. In January revenue from metal exports was $867 million. (Ukrainian metal)
In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%. According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%. As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)
In February Kuzbass mined 12.6 million tons of coal, up by 5.9% YoY. Underground output totaled 6.9 million tons, down by 6.2%. Coking coal mining reached 5.5 million tons, up by 3.8%, and power-generating coal – 14 million, up by 6.9%. In January-February Kuzbass yielded 38.6 million tons of coal, up by 3.5%. Factories processed…
In January Russia exported 711.6 thousand tons of flat unalloyed rolled metal, up by 1.6% MoM and by 17.8% YoY. According to the customs statistics, revenue grew by 3.5% MoM and by 41% YoY, to $421 million. The largest importer in January was Turkey (23.4%), followed by Iran (7.4%) and Poland (6.8%). (Ukrainian metal)
The shares of the Russian coal producer Raspadskaya dropped by around 15% on the Moscow Exchange after the company’s board of directors recommended paying no dividends for 2017, when the company’s net profit increased by 70%, to $319 million, according to the exchange’s data. The shareholders will consider the board’s recommendation at an annual general…
The state enterprise Mirnogradugol has ordered Erlight LLC the delivery of spare parts for belt conveyers valued at 91.95 million UAH. The company has previously supplied similar spare parts to the enterprise. For example, last year it received an order valued at 3.73 million UAH. The company supplies spare parts and equipment produced in Kursk,…
DTEK is negotiating with the State Property Fund and the Ministry of energy and coal industry the shutting down of the Belitskaya mine, a part of DTEK Dobropolyeugol LLC. “The Belitskaya mine operation is inefficient. But since it is leased, and not owned by DTEK, it cannot decide its fate on its own”, DTEK Dobropolyeugol…