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In January-February Ukraine decreased rolled metal output by 0.4% YoY, to 3.093 million tons. Steel manufacture dropped by 0.6%, to 3.53 million tons, and pig iron – by 7%, to 3.358 million tons. In February Ukraine produced 1.57 million tons of pig iron, 1.68 million tons of steel and 1.49 million tons of rolled metal,…
DetailsIn 2018 Seversky Pipe Works decreased net profit 5-fold, to 49.6 million rubles. Revenue grew from 40.4 to 51 billion rubles, with sales profit up from 1.4 billion rubles to 3.68 billion. The volume of fixed liabilities increased from 13.8 to 17.1 billion rubles. (Ukrainian metal)
DetailsIn February Zaporozhkoks decreased blast furnace coke output by 5.04% YoY, to 65.9 thousand tons. In January-February the output dropped by 5.7%, to 139.02 thousand tons. According to the company, the decrease has to do with the scheduled repair of the coke-oven battery No. 2. In January coke output went down by 6.2%, to 73.1…
DetailsPJSC Magnitogorsk Iron and Steel Works Board of Directors held a meeting on March 1. The Board approved May 31 as the date for the Annual General Meeting of Shareholders (AGM) of the company. The cut-off date for inclusion in the shareholder register for the AGM is May 6 at the close of trading on…
DetailsThe physical volume of deals with gold on the Moscow Exchange remained flat YoY at 5.3 tons in February, the exchange said in a statement. The amount of deals with silver grew by 37.5%, to 2.461 tons. In monetary terms, gold and silver deals amounted to more than 11.4 billion rubles, down from 13 billion…
DetailsThe accounts of Energomashspetsstal in 10 Ukrainian banks have been arrested to fulfill the ruling of the court and clear electricity debts to DTEK valued at 224.37 million UAH. DTEK has numerous times since 2015 asked EMSS to clear the debts for the electricity provided, but to no avail. In January-February the company 4 times…
DetailsThe net profit of the Russian titanium giant VSMPO-Avisma fell by 1.8%, to 18.789 billion rubles in 2018, as calculated under Russian Accounting Standards (RAS), the company said in a report March 4. Revenue increased by 23%, to 89.1 billion rubles, gross profit rose by 31%, to 40.1 billion rubles, and sales profit grew by…
DetailsThe former head of Russia’s Federal State Property Management Agency Dmitry Pristanskov will return to metals giant Norilsk Nickel as a vice president this week. Pristanskov used to work at Norilsk Nickel as a director for federal and regional programs from 2014 through 2016. (Prime/Ukrainian metal)
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