The Good Price Appraisal Company has evaluated the assets of Guryevsk Iron and Steel Works (Kemerovo region). According to the company, GMK assets are valued at 822.66 million rubles. The works is in the bankruptcy proceedings, and the court hearings are scheduled for November 14. The real estate of the works is estimated at 6.47…
In 2017 Guryevsk Iron and Steel Works intends to produce 106.6 thousand tons of steel, up 1.9-fold YoY. Rolled metal output is expected on the level of 134.5 thousand tons, up by 43.8%, and grinding balls – 60.7 thousand tons, up by 8.4%. In Q1 the works earnings increased by 17.3% YoY, to 990.56 million…
In 2016 Guryevsk Iron and Steel Works received 97 million rubles of net losses, down 4-fold YoY. In 2015 the company losses amounted to 382 million rubles, with 3.9 billion rubles in 2014. Last year revenue totaled 4.454 billion rubles, down by 15% YoY. Sales losses reached 70 million rubles as opposed to profit of…
The Guryevsk Iron and Steel Works has started producing a new product type – 35 mm steel milling balls. The new product corresponds to the GOST 7524-2015. Around 200 tons of new balls have already been supplied to the customers. GMZ is one of the leaders on the Russian market of milling balls. It can…
Guryevsk Iron and Steel Works has increased the quality of its products sorting. The management of the works pays special attention to the demands of the customers. If the clients want to get a good product, the employees will provide quality metal products. The employees examine each channel, angle, beam and other sections to check…