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In January-June Zhairem Mining and Processing Works received 5.503 billion tenge of net profits, up 2.4-fold YoY. EBITDA also increased 2.4-fold, to 6.962 billion tenge, with gross profit up 2.3-fold, to 9.324 billion tenge. The company assets have increased by 16.8%, to 36.729 billion tenge, with liabilities up by 6.4%, to 6.842 billion tenge. Zhairem…
DetailsIn January-June Russia increased imports of galvanized steel with polymer coating by 36.6% YoY. According to the Federal Customs Service, Russia imported 269.5 thousand tons of steel, with 59% supplied by China, followed by South Korea and Kazakhstan. Chinese price was $789.4 per ton, Kazakhstani – $997.5, and Korean – $1226 per ton. In June…
DetailsNovgorodsky Iron and Steel Works has completed the scheduled repair of its MAERZ furnace. All the work has been done without side contractors. “Thanks to the combined efforts of the NMZ employees we have completed the repair 18 hours ahead of schedule. This allowed us to start heating the furnace and make products earlier”, the…
DetailsVIZ-Stal will get new crane machinery for its cold-rolling shop: the company has concluded an agreement with a machine-building works. The bridge crane of the latest generation with the lifting capacity of 22 tons will improve cargo transportation by 10% compared with the previous machine. The company will receive the crane in November, and it…
DetailsIn January-June Metalloinvest increased its net profit by 36.7% YoY, to $585 million. The group earnings reached $3.032 billion, up by 57%. EBITDA was $1.061 billion, up by 99.1%. Metalloinvest net debt totaled $3.602 billion. (Ukrainian metal)
DetailsUraltrubprom has supplied a batch of pipes to Europe of a rare size: 323.9 mm with the wall thickness of 20 mm. The pipes are manufactured according to EN 10219. The weight of the batch was 92 tons. The pipes will be used in construction structures. (Ukrainian metal)
DetailsThe prosecutor’s office of the Donetsk region is investigating the fatal injury of a constructor of the Mine constructing group No. 1 at the Pokrovskoye Mine Group. At present the prosecutors believe that the safety rules when working at a highly dangerous site have been violated. (Ukrainian metal)
DetailsThe first shipment of anthracite coal from the United States, supplied by XCoal Energy and Resources, totaling 85,000 tons should arrive in Ukraine in early September, the embassy of Ukraine in the United States wrote on Facebook. “The shipment of thermal coal to Ukraine was established by an agreement between the Ukrainian state-owned Centrenergo and…
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