Russia: Karabashmed modernizing sulfur acid shop

Karabashmed has started assembling metal structures and sites needed to operate four new moist electric filters in the sulfur acid shop.

The assembly will last for a month.

The electric filters will be commissioned in June. (Ukrainian metal)

Russia: UEM improves efficiency of copper powder manufacture

The Uralelectromed powder shop has received a new Gecam mill.

The mill processes the surface of wares made of copper powder.

Previously wares were treated manually. The machine will do it 3-4 times faster and is expected to process some 20 to 30 thousand spare parts per month. (Ukrainian metal)

Russia: TMK Q4 2018 IFRS EBITDA up

Earnings before interest, taxes, depreciation and amortization (EBITDA) of pipe producer TMK increased by 9% QoQ, to $179 million, while revenue grew by 5%, to $1.264 billion in October-December 2018, as calculated under International Financial Reporting Standards. The gross profit rose by 1%, to $224 million, while the EBITDA margin remained unchanged at 14%, it…

Details