Russia: ChEMK not expecting output increase until 2018
In 2015 Chelyabinsk Electrometallurgical Works produced 800 thousand tons of ferroalloys and received 49 billion rubles. In January-November ChEMK produced 600 thousand tons of ferroalloys and received some 35 billion rubles of profits. The 2016 results are expected on the 2015 level. And 2017 is not expected to change. But the company hopes the demand…