Russia: UralKuz sales up in 2019

In 2019 Uralskaya Kuznitsa increased sales of stampings made of alloyed, heat-resistant and stainless steel, as well as titanium billets. In particular, the sales of alloyed steel stampings grew by 33% YoY, stainless steel stampings – by 70%, heat-resistant stampings – by 24% and titanium billets – by 46%. Last year the company sold 108…

Russia: UralKuz to supply forgings to Gazprom

Uralskaya Kuznitsa is producing spare parts for Gazprom oil-extracting machinery under the import-replacing program. In particular, the company has to produce 163 units of forgings. Gazprom used to buy such products in the US, UK and China, thus mastering of their manufacture will help refrain from buying abroad. To fulfill the order UralKuz had to…

Russia: UralKuz sales up in H1 2019

In January-June Uralskaya Kuznitsa increased sales of railroad locomotive axles by 71% YoY. Sales of stainless steel heat-resistant and high-alloy stampings grew by more than 30%. The company is increasing sales of such stampings to power machinery and defense enterprises, including under state contracts. UralKuz revenue went up by 13%, and net profit – by…

Russia: UralKuz sales up in 2018

In 2018 UralKuz increased sales by 49% YoY, to 143 thousand tons. This was mostly thanks to the growth of output and railroad axles sales (by 66%). The latter was, in its turn, due to the development of the transport machine-building. UralKuz is the leading Russian manufacturer of hot-stamped products for almost all machine-building spheres.…