Russia: Karelsky Okatysh modernizing large trucks fleet

Karelsky Okatysh is preparing to put into operation a new BelAZ dump truck.

The company specialists are now assembling it.

The lifting capacity of the machine is 240 tons, but the company intends to transport some 230 tons.

By June the company will have received three more similar trucks. (Ukrainian metal)

Russia: BrAZ profit down in 2017

In 2017 Bratsk Aluminum Works received 2.76 billion rubles of net profit, down by 26.2% YoY.

According to the company statement, its revenue decreased by 14.6%, to 93.97 billion rubles, while gross profit grew by 12.8%, to 9.01 billion rubles.

The company has not disclosed the reasons for the changes. (Ukrainian metal)

Ukraine: EU stops ferrosilicon imports investigations

The European Union decided to stop the antidumping investigation on the imports of ferrosilicon from Ukraine and Egypt.

The European Commission announced the cancellation of the investigation on April 4, as the Association of European ferro-alloy Producers had revoked its application on February 27.

The antidumping investigation began in August 2017. (Ukrainian metal)