Russia: ChTPZ scrap sales down in 2017

In 2017 the Meta Group of Companies, a part of ChTPZ, sold 1.32 million tons of scrap, down by 2.5% YoY, including 829 thousand tons of its own procurement, up by 69 thousand tons, and 491 thousand tons of transit scrap. Among the group participants the sales growth leaders were Vtorchermet (+30.7 thousand tons), Meta-Chelyabinsk…

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Ukraine: UGOK unable to compensate Metinvest for the drop of Zaporizhstal profits

In 2017 Zaporizhstal decreased profits by 15.4% YoY, to $170 million (4.5 billion UAH). According to Metinvest, the company revenue increased by 34.4%, to $1.775 billion, while EBITDA dropped by 18.2%, to $135 million. Metinvest owns 49.9% of Zaporizhstal, 24% of Zaporozhye Iron Ore Complex, 42.8% of Zaporozhkoks and 49.2% of Zaporozhogneupor. At the same…

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Ukraine: local metal deliveries down in January-February 2018

In January-February Ukrainian metal companies produced 2977 thousand tons of rolled metal, of which 2643 thousand tons, or 88.7% were exported. According to Ukrmetallurgprom, local customers received only 334 thousand tons (11.3%). In January-February 2017 Ukraine produced 3188 thousand tons of metal and exported 2536 thousand tons (79.5%), with the rest (652 thousand tons or…

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