Kamensk-Uralsky Iron and Steel Works decided not to publish its financial report on 2018. The financial results will be approved at the general meeting of the shareholders on May 23. In 2017, KUMZ received 24.98 billion rubles of revenue, up by 10% YoY. Sales profit grew by 10%, to 3.97 billion rubles, but net profit…
DetailsIn January-April, Sverdlovsk region railroad transported 11.9 million tons of cargo, up by 0.2% YoY. In April throughput dropped by 0.9%, to 17.5 billion ton-km. In particular, transportation of ferrous metals grew by 7.9%, to 3.6 million tons, of ferrous scrap – by 0.3%, to 728.4 thousand tons, of iron and manganese ore – by…
DetailsThe department of the inner market protection of the Eurasian Economic Committee has started an antidumping investigation of the aluminum belt originating from Azerbaijan and China and imported to the territory of the Union. The information available points to dumping imports of aluminum belt, produced by Azerbaijani and Chinese companies, and damages to the EAEU…
DetailsMetalloinvest, a leading global producer and supplier of HBI and iron ore products, and one of the regional producers of high-quality steel, has updated its Development Strategy. The strategy aims to allow the company to maintain the leading position in the metals and mining industry and continuously enhance the company’s efficiency. In 2015, Metalloinvest announced…
DetailsDeliveries of MMK’s rolled steel to pipe companies in the Siberian Federal region have doubled since the beginning of the year. The region accounts for about 10% of the plant’s sales of the relevant products. The company plans to further expand its presence in the domestic market. Deputy General Director of Sales at PJSC MMK…
DetailsIn 2018 Azovstal received 3.57 billion UAH of net profit as opposed to 130.947 million UAH of net loss in 2017. EBITDA totaled 4.372 billion UAH. Net income grew by 18.8%, to 81.96 billion UAH. Undistributed profit reached 9.72 billion UAH. (Ukrainian metal)
DetailsIn January-April, Ukraine decreased scrap exports 7.6-fold YoY, to 28.429 thousand tons. According to the State Fiscal Service, in monetary terms exports dropped 9.6-fold, to $7.655 million. In April Ukraine exported 8.791 thousand tons of scrap, in March – 8.246 thousand tons, in February – 8.252 thousand tons and in January – 3.14 thousand tons.…
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