In 2019, Chasov Yar Refractory Works received 102 thousand UAH of net profit, as opposed to a net loss of 5.18 million UAH in 2018. Current liabilities decreased by 47.4%, to 25.8 million UAH, but fixed liabilities grew by 31.2%, to 18 million UAH, with accounts receivable down by 12.1%, to 30.6 million UAH. The…Details
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Last week, the price of one ounce of gold increased by 265.88 manats ($156.4) or by 10.6%. The average price of one ounce of gold stood at 2,767 manats ($1,627). The price of one ounce of silver grew by 4.2236 manats ($2.4) or by 20.7%, to 24.596 manats ($14.4). The price of one ounce of…Details
As of March 26, Rosterminalugol has exported 6 million tons of coal. Last year, this result was achieved on April 17. The 6-millionth ton was loaded onto the Mega Benefit, which transported 75.5 thousand tons of coal. (Ukrainian metal)Details
In January-February, Khabarovsk region produced 1385.3 kg of gold, up by 4.8% YoY. Only companies developing ore gold deposits are operating at the moment. Alluvial gold extraction will start in May-June. (Ukrainian metal)Details
Petropavlovsk Plc has corrected an option agreement with Agestina Ltd (Cyprus) to buy 25% in TEMI LLC, which owns a license to develop the Elginskoye ore field. The amendments presuppose a fixed cost of new shares in the volume of £0.179 per share, with the pound sterling rate of $1.3206. This will allow Petropavlovsk decreasing…Details
In 2019, Energomashspetsstal manufactured products worth 1.94 billion UAH. This year the company intends to sell 3.71 billion worth of products. The number of employees as of early 2020 totaled 1,437 people. Last year the company shipped 20 thousand tons of products to customers. The key clients were the Kudankulam NPP (India), Akkuyu NPP (Turkey)…Details
According to Alexei Agureyev, ArcelorMIttal Temirtau CEO advisor, the company is operating in normal mode. “In order to protect the health of our employees we have developed a plan of activities in crisis situations, which includes all possible scenarios. At present we have no problems with steel manufacture or coal and ore mining. The quarantine…Details
In 2019, Uralelectromed received 199.7 million rubles of net profit, as opposed to a loss of over 807 million rubles in 2018. In 2017, the company profit was 1.3 billion rubles, and in 2016 – 2.8 billion rubles. Revenue in 2019 grew by 11%, to 46.27 billion rubles. Sales profit decreased 2-fold, to 753 million…Details
In 2019, Kirov Non-Ferrous Metals Processing Works received 641.2 million rubles of net losses, up 4-fold YoY. Until 2017, the company was demonstrating profit. Thus, in 2016 it received 1030 million rubles of net profit. Revenue in 2019 totaled 8.77 billion rubles, down by 4% YoY. Sales profit grew 2-fold, to 107 million tons. (Ukrainian…Details
ArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…Details
In January-February, Ukraine produced 120.06 thousand tons of ferroalloys, down by 29.3% YoY. Nikopol and Zaporozhye Ferroalloy Plants (NZF and ZZF) decreased silicomanganese manufacture by 36.2%, to 88.73 thousand tons. NZF, ZZF and Kramatorsk Ferroalloys Plant (KFZ) increased ferromanganese output by 58.2%, to 19.93 thousand tons, with KFZ producing 9.6 thousand tons. Ferrosilicon manufacture decreased…Details
Moldova Iron and Steel Works has tightened measures to fight coronavirus. The company has quarantined employees with the most risk of catching the disease. Previously MMZ has sent 16 women with children and 129 employees older than 60 years on quarantine. From April 1, 80% of the personnel will be at home. Jobs have been…Details