In October Chelyabinsk Iron and Steel Works decreased sales by 7.9% YoY, to 234.8 thousand tons. According to the railroad statistics, in January-October it sold 2.63 million tons of metal, down by 3.5% YoY. Domestic customers received 2.26 million tons, down by 6.2% YoY, and foreign – 370 thousand tons, up by 17.1%. (Ukrainian metal)
Chelyabinsk Iron and Steel Works has produced over 5 thousand tons of rebars for the construction of the housing district Salavat Kupere (Rainbow) in the city of Kazan. Some 1.5 million square meters of living quarters will be constructed in the district. Metal is supplied by Mechel-Service. (Ukrainian metal)
In January-September Chelyabinsk Iron and Steel Works received 4.1 billion rubles of net profit, up 2.4-fold YoY. Revenue grew by 7.6%, to 94.5 billion rubles. The company accounts payable dropped from 21.8 billion rubles in early 2018 to 16.8 billion rubles at the end of Q3. Accounts receivable also decreased – from 27.8 billion rubles…
In August the deliveries of rolled metal via railroad from Chelyabinsk Iron and Steel Works totaled 266.5 thousand tons, up by 2% YoY. According to the railroad statistics, in January-August sales reached 2.15 million tons, down by 1.6% YoY. Russian customers received 1.84 million tons, down by 4.9%, while exports grew by 23.4%, to 0.31…
Chelyabinsk Iron and Steel Works has received a certificate for the manufacture of rails for railroads with the speed of 250 km per hour. The first deliveries are scheduled for October. The quality of rails has been evaluated in several stages. “From October we will start supplying rails to the Russian Railways. They will be…
China Minmetals Corporation subsidiary has asked the Arbitrary court of Chelyabinsk region to recover the debt from Chelyabinsk Iron and Steel Works under the contract to construct the rail and beam mill. The Chinese company is claiming $16.69 million and interest. At the same time ChMK has filed a counter claim because of the bad…
Chelyabinsk Iron and Steel Works has expanded the size portfolio of its I-beam used in construction. In particular, the company rail and beam mill has started producing the 16B2 beam. ChMK has certificates for the complete I-beam range according to the new GOST in effect since May 1. At present the company can produce over 60…
Chelyabinsk Iron and Steel Works has produced 2 million tons of rolled metal since commissioning of its rail and beam mill. 1.5 million tons were produced in early January. The company has the first manufacture of high quality rails and beams with the length of 100 meters in Russia. The first beam was produced on…