Russia: AMZ profits down in H1 2017
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…
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