Ukraine: AMKR against hidden tariff increase by Ukrzaliznytsia

Andrey Moroz, Head of External Logistics of PJSC ArcelorMittal Kriviy Rih, spoke about forced increase of own wagon fleet; about the tariff policy of Ukrzaliznytsia and how it impacted transportation and infrastructure of the railways of Ukraine. – All Ukrainian carriers suffer from lack of wagons. How does PJSC ArcelorMittal Kriviy Rih manage? – This…

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Russia: NLMK buys construction institute

NLMK has purchased 100% shares of Ural Research-Scientific Institute of Architecture and Construction (UralNIIAS).

In 2016 the institute revenue grew 2.4-fold, to 162.9 million rubles, with net profit at 10.25 million rubles, up from 28.8 million rubles of losses in 2015.

In H1 NLMK increased net profit by 63.1% YoY, to $1.083 billion. (Ukrainian metal)