Russia: Kosaya Gora Works not to pay dividends for 2018

Kosaya Gora Iron and Steel Works has held a meeting of shareholders.

One of the issues of the June 24 meeting was the dividend payment for 2018.

The shareholders decided not to pay dividends, and to spend the profit on the development of the company. (Ukrainian metal)

Russia: Kosaya Gora net profit up in 2018

In 2018 Kosaya Gora Iron and Steel Works received 354 million rubles of net profit, up by 29% YoY.

Last year the company sold 13.74 billion rubles worth of products, up by 13% YoY.

Sales profit fell by 22%, to 570 million rubles. (Ukrainian metal)

Russia: Kosaya Gora ferromanganese output up in January-October 2018

In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons.

In 10 months the works mined 62 thousand tons of ferromanganese, up by 9.1 thousand tons.

In January-October 2018 the company produced 52.9 thousand tons of ferromanganese and sold 51.3 thousand tons. (Ukrainian metal)

Russia: KMZ output up in January-October 2018

In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons.

In 10 months the company produced 62 thousand tons of ferromanganese, up by 9.1 thousand tons. (Ukrainian metal)

Russia: KMZ ferromanganese output and sales up in May 2018

In May Kosaya Gora Iron and Steel Works was producing ferromanganese in two blast furnaces.

The output totaled 13 thousand tons. The growth allowed replenishing stocks and increasing sales.

In particular, in May KMZ sold 6.7 thousand tons of ferromanganese, up by 36% MoM. (Ukrainian metal)