Severstal has announced its operational results for Q1 2017. According to its press release, hot metal output remained largely unchanged, decreasing only by 1%, to 2.34 million tons (Q4 2016 – 2.36 million tons) compared with the previous quarter. Crude steel production declined by 2%m, to 2.86 million tons (2.92 million tons). Crude steel output…
The first eco-loan, given by the Ministry of ecology and natural resources for the new cleaning machinery, has been granted to Zaporizhstal. “There are first loans in Zaporozhye, we’re also working on 20 more loans. Entrepreneurs say they cannot put a new filter into operation, as they don’t have funds. And we offer loans, so…
In Q1 NLMK Group sales grew by 1% QoQ, to 3.7 million tons. Steel output totaled 4.2 million tons (flat QoQ), with facilities running at 96% capacity. Finished product sales increased by 7%, to 2.44 million tons, down by 5% YoY, driven by the growth in flat product sales from the Lipetsk site to export…
In January-March Uralskaya Kuznitsa, a part of Mechel, manufactured 25 thousand tons of products, up by 40% YoY, a record for the past 10 years “The considerable increase in the first quarter, when a decline is traditionally observed, has been achieved thanks to the growth of orders from railroad car-building companies”, the company managing director…
The VSMPO-Avisma board of directors has recommended the shareholders to decide on the distribution of 2016 profits. In 2016 the company net profits reached 26.6 billion rubles, with the additional net profits of previous periods at 2.4 billion rubles. The board suggested paying a part of the undistributed profits for 2016 (15.07 billion rubles) as…
OEMK, a part of Metalloinvest, is constructing a shop to receive oxidized pellets. The construction is a part of the project to modernize the metallizing complex No. 2. In 2010 the same work has been carried at the metallizing complex No. 1, resulting in the output increase by 100 tons of pellets per hour. The…
In January-March miners of Kuzbass yielded 57 million tons of coal, up by 6% YoY. According to the Kemerovo region coal industry department, the share of power-generating coal reached 41.2 million tons, up by 6.2% YoY, of coking coal – 15.8 million tons, up by 5.3%. In March miners yielded 19.8 million tons of coal,…
In 2016 Stalkanat-Silur received 34.49 million UAH of net profits. The company net income went up by 16%, or by 212.5 million UAH, to 1.53 billion UAH. In 2015 Stalkanat-Silur received 194.98 million UAH of losses, having increased its net income by 18% YoY, to 1.32 billion UAH. (Ukrainian metal)