Ukraine: Khartsyzsk Pipes ends H1 2015 with losses
In January-June Khartsyzsk Pipe Works (KHTZ), a part of the Metinvest group, received 237.97 million UAH of losses.
In January-June Khartsyzsk Pipe Works (KHTZ), a part of the Metinvest group, received 237.97 million UAH of losses.
In January-March Khartsyzsk Pipe Works, a part of Metinevst group, received 115.2 million UAH of losses.
In 2014 Khartsyzsk Pipe Works, a part of the Metinvest group, received 356.69 million UAH of net profits.
A rise in hot metal output in Q4 2014 caused an increase in merchant pig iron production of 114,000 tons QoQ.
According to Metinvest group, Khartsyzsk Pipe Works is not going to return to its full capacity due to difficulties with material supplies and sales.