In 2018 Ceramet received 2.167 million UAH of net profit as opposed to the net loss of 48.265 million UAH in 2017. The company net income grew by 13.7%, to 1.092 billion UAH. This year Ceramet intends to increase scrap sales to 1 million tons, and shavings briquettes – to 50 thousand tons. Last year…
In 2016 Ceramet processed and sold almost 1 million tons of scrap, with over 200 thousand tons delivered locally. European customers purchased 800 thousand tons of scrap, with Keramet Polska Sp. z o.o. supplying 60% of this volume and Keramet Hungary Kft – 40%. Last year the company invested 16.8 million UAH in the development…
In January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…
In January-June Ceramet processed 210.46 thousand tons of scrap valued at 987.91 million UAH. According to a company representative, in Hungary Ceramet processed and sold 121.47 thousand tons of scrap, with 22.94 thousand tons in Poland and 66.05 thousand tons in Ukraine. In H2 the company intends to procure 420 thousand tons of scrap. In…
In January-June Ceramet invested over 10 million UAH into its development. 85% of the investments fell to the Keramet Hungary Kft. In its Ukrainian assets Ceramet invested around 1.5 million UAH The company plans to invest 750 thousand UAH more into its Hungarian branch by the end of the year, and some 25 million UAH…
Ceramet plans to invest 10.4 million UAH into the creation of its own scrap-procuring network in Poland. “The company plans to increase its commercial activities and create its own scrap-procuring network in Poland on the basis of Keramet Polska Sp, a major scrap procurer and supplier of ISD Huta Czestochowa”, said Ceramet in its statement.…
Dniepropetrovsk Administrative Court of Appeals has cancelled the decision of the previous court on the prohibition of scrap export from Dniepropetrovsk and Kherson customs of the State Fiscal Service. “We’re looking forward to the State Fiscal Service reaction”, said Ceramet. The company also hopes that the Kiev Administrative Court of Appeals makes the same decision.…
Ceramet believes that ferrous scrap exports with duty of 30 euro per ton will become unprofitable if the scrap prices drop to $200 per ton FOB Black Sea. In this case the duty will start limiting the exports. “As the duty is not linked to the price situation, its effects on the local market can…
