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The Federal Antimonopoly Service intends to have analyzed the competitiveness on the markets of gold and platinum by August. According to the service deputy director on industry control management Mariya Babikova, another analysis will be carried out on the silver and iron ore concentrate markets. She did not name the timeframe though. (Ukrainian metal)
DetailsThe Kherson-based Smart Maritime Group produced 864 tons of spare parts of sheet steel for Ecolin. According to the company statement, the parts will be used to manufacture tanks for technical liquids. Their diameter will be 8 meters and height – 10 meters. In 2017 SMG carried out 36 million UAH worth of contracts, up…
DetailsThe zinc production of Russia’s Chelyabinsk Zinc Works grew by 4.7%, to 183,002 tons in 2017, the company said in a statement on March 27. Output of zinc and zinc concentrate by the company’s Kazakh subsidiary Nova Zinc LLC fell to 36,530 tons in 2017 from 36,718 tons in 2016, while its production of lead…
DetailsIn 2017 Pokrovskoye Mine Group received 2161.777 million UAH of profit as opposed to 584.66 million UAH of losses in 2016. According to the company statement, its assets as of the late 2017 totaled 8554.221 million UAH, up by 34.2% YoY. The consolidated accounts receivable grew 7.62-fold, to 1488.524 million UAH. At the same time…
DetailsIn 2017 Makeevkoks received 698.63 million UAH of losses as opposed to 6.76 million UAH of profit in 2016. According to the company statement, its uncovered losses totaled 543.49 million UAH. Consolidated accounts receivable dropped by 0.2%, to 249.03 million UAH, fixed liabilities – by 0.8%, to 8.06 million UAH, while its current liabilities grew…
DetailsThe Steel Industry Company says the prices for rolled metal in April will increase. The growth has to do with the change in the world prices, as well as the increase in metal consumption both on world and domestic markets, resulting in the shortage of steel and creating prerequisites for the price increase. Many Russian…
DetailsIn 2017 MMK-Metiz increased net profits 3.4-fold, to 1.26 billion rubles, In Q4 2017 the company received 170.8 million rubles of profits, down from 393 million rubles in Q3 2017. In Q4 2017 MMK-Metiz sold 5.28 billion rubles worth of metal wares, down by 5% QoQ. Consolidated revenue in 2017 totaled 20.456 billion rubles, up…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that by mid-April the price of ferrous metals scrap will drop by 3.5%, to some 8.3 thousand UAH per ton, compared with late March. According to the company deputy director Yuri Dobrovolski, the drop will have to do with the downgrading trends on the world markets, as well as the…
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