In January-February, according to the customs statistics, Kazakhstan exported 138 thousand tons of steel pipes and rolled metal, down by 44.5% YoY. Unalloyed rolled steel accounted for 73% of exports, down by 54%, plates – 57% (-50%) and the rest – coated steel (-43%). Some 25% of exports accounted for pipes, up by 23%. The…
DetailsIn 2018, Belarus Iron and Steel Works received Br3 billion of net revenue, up by 32.7% YoY. Sales profit grew by 77.4%, to Br247.3 million. As a result net profit totaled Br300 thousand as opposed to a loss of Br3.2 million in 2017. Debt increased by Br32.6 million to Br985.96 million. (Ukrainian metal)
DetailsNLMK Group, a vertically integrated steelmaker, has published its Q1 2019 financial results. Group revenue decreased by 5% QoQ, to $2.87 billion, amid lower average sales prices. Year-on-year, the revenue increased by 3% thanks to a higher sales volume (+11%), which was offset by lower average sales prices. EBITDA totaled $695 million (-18% QoQ; -14%…
DetailsA Donetskstal recruiting center started operating in the town of Porkovsk. So far the center offers a broad range of jobs with wages up to 35 thousand UAH. “In Q1 we have found jobs for over 600 people. We give them the opportunity to get a decent job and salary, remaining at the same time…
DetailsIn 2018 Ferrexpo received $355.22 million of net profit, down by 15% YoY. Revenue grew by 6.4%, to $1274.03 million. Pellets sales dropped by 2.3%, to 10.227 million tons, while their manufacture increased by 1.6%, to 10.607 million tons. Gross profit last year fell by 2.5%, to $766.09 million, and EBITDA – by 8.7%, to…
DetailsQ1 was quite successful for Ventall. The volume of orders on the delivery of ferrous metals structures grew by 38% YoY, and components – by 19%. In order to retain the positive dynamics, the company intends to modernize its capacities, increase product portfolio and develop partner network. “We have optimistic plans for the future. The…
DetailsThe construction of the rail and beam shop of the Novo-Tagil Iron and Steel Works started during the Second World War. The manufacturing complex measured 600×140 meters. The shop had two rolling mills – 900 and 800, which were fully commissioned in April 1949. In 2012 manufacture underwent a serious modernization. In 70 years the…
DetailsIn January-March, Seligdar produced 598 kg of gold, up by 146% YoY. Ore mining totaled 1487 thousand tons, up by 12%. In March, 189.2 kg of gold were produced. Tin concentrate output reached 450 tons. In Q1 2018 no tin was produced. Gold sales revenue grew 3-fold, to 2 billion rubles, and tin – 20-fold,…
DetailsZlatoust Electrometallurgical Works has started producing rolled billets with the size of 28×250 and 73×250 mm at the mill-750. The mastering of the new sizes will allow the company increasing its special purpose sections portfolio. The company started rolling billets on April 9. In two shifts 110 tons of billets have been manufactured of 10860,…
DetailsIn January-March, Severstal net profit decreased by 7.2% YoY, to $428 million. EBITDA dropped by 6.1%, to $663 million. Compared with Q4 2018, net profit fell by 26%, and EBITDA – by 16.5%. The group net debt as of March 31, decreased by 30%, to $863 million. (Ukrainian metal)
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