The delegation of Asha Iron and Steel Works has visited Zlatoust Electrometallurgical Works. The goal of the visit was to strengthen existing cooperation. The visitors inspected the hammer shop and the rolling shop No. 1, as well as witnessed the manufacture of slabs with the height of 45 mm and width of 600 mm of…
In January-June Asha Iron and Steel Works received 13.5 billion rubles of revenue, up by 6% YoY. Net profit grew 3.8-fold, to 886.84 million rubles. At the same time sales profit dropped by 22%, to 827 million rubles. (Ukrainian metal)
Acting governor of Chelyabinsk region Alexei Tesler has paid a visit to Asha Iron and Steel Works. In particular, he visited the sheet-rolling shop No. 1 commissioned in 1952. In 2014 the first stage of modernization was complete. The shop produces thick sheet of carbon, low-alloyed and structure steel grades at the mill-2850 for slabs…
In 2019 Asha Iron and Steel Works intends to increase output. In particular manufacture at the electric arc furnace shops Nos. 1 and 2 is to grow by 19% and by 5% YoY respectively, at the sheet-rolling shops Nos. 1 and 2 – by 4.1% and by 17%. While the sheet-rolling shop No. 3 has…
In January-June the net profit of Asha Iron and Steel Works decreased by 120.4 million rubles YoY, to 232.7 million rubles. Revenue grew to 12.7 billion rubles from 11.1 billion rubles. The decrease of the net profit was due to the growth of various expenses by 22%. The company debts dropped to 2.7 billion rubles.…
In 2017 Asha Iron and Steel Works received 387.3 million rubles of net loss as calculated under Russian Accounting Standards, as opposed to the net profit of 98.51 million rubles in 2016. In Q4 2017 AMZ received 759 million rubles of losses, as opposed to 19 million rubles of net profit in Q3. Revenue in…
In Q3 Asha Iron and Steel Works received 19 million rubles of net profits as opposed to the loss of 92 million rubles in Q2. According to the company statement, in Q3 2016 it received 435 million rubles of net profits. In January-September AMZ net profit totaled 372.2 million rubles, down by 57% YoY. In…
In January-June Asha Iron and Steel Works received 353.2 million rubles of net profit, down by 19% YoY. According to the company statement, its income increased by 31%, to 11.16 billion rubles. Hot-rolled plate sales totaled 8.7 billion rubles, or 78% of the volume. Rolled sheet sales reached 15%, or 1.7 billion rubles, up by…