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In January-June, Ferrexpo decreased sales by 9% YoY, to 5.57 million tons. The decrease was due to the growth of stocks in H1 2020. Sales to the Central Europe grew from 21% to 34%, to Western Europe – from 4% to 14%, to the Northeastern Asia – from 3% to 8%, and to the Near…
DetailsUkrgazdobycha has signed three agreements with Interpipe Niko Tube for the delivery of seamless steel pipes valued at 268.97 million UAH. Average discount amounts to 10% of the expected cost. In two cases the company competed with Naftoservice LLC, Ukrturboisol LLC and Volzhsk Pipe Works (Russia). During the third trade the competitors were ZSP LLC…
DetailsIn January-June, Metinvest increased steel output by 10% YoY, to 4.36 million tons. Pig iron manufacture grew by 8%, to 4.41 million tons, while coke dropped by 0.2%, to 2.37 million tons. Manufacture of semi-finished products decreased by 4%, to 1.45 million tons, mostly due to a drop in slabs output by 131 thousand tons.…
DetailsIn July, Energomashspetsstal shipped 1644 tons of products to customers. Most of the billets were made for the nuclear industry. Pipes, shells, pins, flanges and rolls for nuclear industry and machine-building were exported to 12 countries: USA, Italy, Spain, Belgium, Germany, Poland, the Czech Republic, Austria, Finland, etc. A hot metal ladle was sent to…
DetailsIn January-July, Azovstal increased rolled metal output by 8.8% YoY, to 2.5 million tons. Steel manufacture grew by 9%, to 2.63 million tons, and pig iron – by 7.7%, to 2.32 million tons. In July, Azovstal produced 350 thousand tons of rolled metal, 390 thousand tons of steel and 340 thousand tons of pig iron.…
DetailsIn January-July, Priisk Solovievskiy developing deposits in Amur and Zabaikalye regions, produced 1772.7 kg of gold, down by 4.4% YoY. Solovievskoye deposit in Amur region accounted for the most gold – 606.7 kg. Alluvial deposits in Amur region yielded 926.3 kg of gold, down by 17.9%. At Zabaikalye region alluvial sites 239.7 kg of gold…
DetailsIn July, Dneprovskiy Iron and Steel Works increased pig iron manufacture by 32.2% YoY, to 26 thousand tons. Steel output grew by 27.1%, to 27.6 thousand tons, and rolled metal – by 20.4%, to 20.8 thousand tons, while that of coke dropped by 0.5%, to 41.7 thousand tons. In January-July, DMZ produced 177.3 thousand tons…
DetailsIn January-June, Ferrexpo increased its net profit 2.6-fold YoY, to $661.4 million. Revenue grew by 74.3%, to $1.32 billion. EBITDA went up 2.47-fold, to $868 million. Capital investments amounted to $142 million, up from $96 million in H1 2020. Interim dividends totaled $0.396 per share, up from $0.132. (Ukrainian metal)
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