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In 2019, Electrostal Iron and Steel Works received 176.34 million rubles of net profit. In Q4 2019, the company received 14 million rubles of net profit, down from 58 million rubles in Q3 2019. In 2018, Electrostal saw a net loss of 558 million rubles. Revenue last year grew by 2% YoY, to 14.06 billion…
DetailsIn December 2019, Russia exported 208 tons of rolled copper, up by 9% MoM, but down by 24% YoY. Price grew from $7 to $7.4 per kg. Deliveries to Belarus increased from 107 tons to 117 tons, and to Kazakhstan – from 16.7 to 29 tons. At the same time Ukraine decreased purchases by 20%,…
DetailsIn January, Russia imported 109.7 thousand tons of manganese ore and concentrate, up by 26% MoM and by 63% YoY. Price was $200 per ton. Deliveries from South Africa dropped by 14%, to 63.6 thousand tons, but from Ghana grew 5-fold, to 39.5 thousand tons, and from Kazakhstan – from 4.7 thousand tons to 6…
DetailsIn 2019, Irkutsk Aluminum Works manufactured 421,967 tons of goods, up by 2.4 thousand tons from the plan. Value-added products accounted for 68% of the output. Wire rod manufacture totaled 150.9 thousand tons. It is mainly supplied to the cable plants. Alloys output was on the level of 125 thousand tons. IrkAZ produces ingots of…
Details6.9 thousand tons of sheet pile Larsen produced at Evraz NTMK have been used in the construction of large infrastructure objects in the Russian North. Metal was delivered by Evraz Metal Inprom. In particular, 1.8 thousand tons were used in the construction of the Center for large-tonnage sea structures in Murmansk region. 2.5 thousand tons…
DetailsIn 2019, Raspadskaya received $208 million of net profit, down 2.15-fold YoY. Revenue dropped by 8.2%, to $996 million. Gross profit fell by 18.6%, to $494 million. At the same time the group increased coal output by 1%, to 12.8 million tons. (Ukrainian metal)
DetailsOn March 1, 2017, the occupational authorities of the self-proclaimed Lugansk and Donetsk People’s Republics, terrorist organizations created and supported by Russia, decided to transfer all the companies on the territory controlled by them to the so-called external management. As a result, Donetsk Iron and Steel Works (DMZ), Donetskstal Iron and Steel Works, parts of…
DetailsIn 2019, 5 gold deposits were discovered in the Republic of Sakha (Yakutia) in 2019. The deposit at the Tuora-Tas Brook holds the largest reserves – over 1.3 tons. The license to develop it belongs to Vostoc LLC. Dokhsun LLC estimated the reserves of the deposit at the Kener-Sala Brook at 370 kg. Three more…
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