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In 2019, Energomashspetsstal received net profit of 866.37 million UAH as opposed to a net loss of 293.62 million UAH in 2018. Uncovered losses totaled 7.24 billion UAH (8.139 billion UAH in 2019). In 2018, EMSS decreased losses 3.2-fold YoY. The profit received will be spent to cover previous losses. The company assets have grown…
DetailsThe acting minister of energy Vitaliy Shubin claims the miners have received funds in the amount of 327 million UAH. This was stated at the meeting with the directors of state coal enterprises. The miners have received salary for 2019 and February 2020. (Ukrainian metal)
DetailsThe Moscow Exchange switched the trade of Norilsk Nickel’s shares to a discrete mode at 2:08 p.m., Moscow time, on March 24, after a more than 20% price rise within 10 minutes in a row. Norilsk Nickel jumped by 14% earlier in the day on the back of a better mood of the global market…
DetailsArcelorMittal Kriviy Rih, the largest mining and metallurgical plant in Ukraine, continues to implement precautions to protect its employees and ensure the uninterrupted manufacture. Under conditions of worsening of the epidemiological situation, ArcelorMittal is forced to reduce production at many own companies around the world, but working diligently to prevent them from complete shutdown and…
DetailsIn January-February, ArcelorMittal Kriviy Rih decreased steel output by 10.4% YoY, to 843 thousand tons. Rolled metal manufacture grew by 12.7%, to 845 thousand tons, but that of pig iron dropped by 6.3%, to 859 thousand tons. The company produced 1.554 million tons of sinter, down by 5.8%, 444 thousand tons of coke, down by…
DetailsIn January-February, Zaporozhye Iron Ore Complex increased output by 1.4% YoY, to 749 thousand tons. In February, manufacture grew by 4.7% MoM, to 383 thousand tons. In 2019, the enterprise produced 4.563 million tons of ore, up by 0.3% YoY. (Ukrainian metal)
DetailsIn 2019, Pokrovskoye Mine Group received a net profit of 925.01 million UAH. Undistributed profit as of late 2019 amounted to 2.636 billion UAH. Accounts payable grew almost 2-fold, to 416.497 million UAH. The value of assets increased by 5.4%, to 14.848 billion UAH. (Ukrainian metal)
DetailsIn 2019, VSMPO-Avisma received $321.02 million of net profit, up by 31.3% YoY. Revenue grew by 0.7%, to $1.629 billion, but EBITDA fell by 13.4%, to $562.75 million. In ruble equivalent net profit totaled 20.782 billion, up by 35.3%. Revenue grew by 4%, to 105.4 billion rubles, but EBITDA dropped by 10.6%, to 36.43 billion…
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