Russia: UralKuz sales up in H1 2019
In January-June Uralskaya Kuznitsa increased sales of railroad locomotive axles by 71% YoY. Sales of stainless steel heat-resistant and high-alloy stampings grew by more than 30%. The company is increasing sales of such stampings to power machinery and defense enterprises, including under state contracts. UralKuz revenue went up by 13%, and net profit – by…