In 2018 Metalloinvest received 1.647 billion rubles of net profit, up by 17.1% YoY. Revenue grew by 15.3%, to 7.187 billion rubles. The output of pellets and hot-briquetted iron reached 27.7 million and 7.8 million tons respectively. EBITDA went up by 38.4%. (Ukrainian metal)
In January-February Ukraine mined 5.1 million tons of coal, down by 4.4% YoY. According to the Ministry of Energy and Coal Industry, coking coal output dropped by 18.1%, to 872.8 thousand tons, and energy-generating coal – by 1%, to 4.23 million tons. In February coal mining went down by 7%, to 2.49 million tons. Enterprises…
In February Pobuzhye Ferronickel Plant slightly decreased nickel output because of the repair of the main machinery. “We had a scheduled repair of furnaces in February, so the output dropped. Since early March the furnaces have been put back into operation”, the company said. In March the company will regain its full capacity. The repair…
In January-February Magadan region extracted 4569 kg of gold and 99.7 tons of silver. Gold output increased 1.8-fold YoY, while silver extraction did not change. In the first two months of 2017 the region yielded 2516.4 kg of gold. The considerable increase in gold output has to do with Natalkinskiy GOK reaching its design capacity.…
In January-February Interpipe Steel produced 132 thousand tons of steel, down by 11.4% YoY. In February 61 thousand tons of steel were manufactured. Last year the company produced 973.8 thousand tons of steel round billets, up by 15% YoY. (Ukrainian metal)
In February scrap procurement dropped by 41% MoM, to 136 thousand tons. Delivery to metal companies fell by 44%, to 128 thousand tons, while exports grew by 267%, to 8 thousand tons. In January-February scrap procurement decreased by 38% YoY, to 356 thousand tons, with deliveries to metal companies down by 39%, to 354 thousand…
In February Kazakhstan produced 0.238 million tons of steel, down by 32.8% YoY. In January-February steel manufacture dropped by 37.2% YoY, to 0.462 million tons. The manufacture of rolled metal in February was 0.113 million tons and in 2 months – 0.183 million tons, down by 50.6% and by 62% YoY respectively. Ferroalloys output increased…
In January-February ArcelorMittal Kriviy Rih increased rolled metal output by 2.5%, to 830 thousand tons. Pig iron manufacture grew by 10.5%, to 917 thousand tons, steel – by 6.9%, to 941 thousand tons and sinter – by 3.1%, to 1.65 million tons. Iron ore manufacture went up by 4.2%, to 149 thousand tons, and coke…