In January Kosaya Gora Iron and Steel Works sold 36,431 tons of pig iron, up 1.85-fold YoY. Ferromanganese sales grew by 0.9 thousand tons, to 6.2 thousand tons, while manufacture – by 0.4 thousand tons, to 6 thousand tons. KMZ exports its products to CIS, Europe, Near and Middle East, as well as Asia. (Ukrainian…
In 2019 Kosaya Gora Iron and Steel Works increased FMn78 ferromanganese sales by 21 thousand tons or by 32% YoY, to 87 thousand tons. Foundry products output reached 3 thousand tons, up by 30%. KMZ is the leading manufacturer of premium pig iron grades in Russia. Their share in the 2019 sales totaled 66%, with…
The Federal Antimonopoly Service of Russia has approved the merge of the Satka Pig Iron Works and Kosaya Gora Iron and Steel Works. According to the FAS, the merge will not result in domination on the manganese ferroalloys market. SChPZ manufactures FMn78 and FMn75 manganese ferroalloys, while KMZ produces only FMn78 ferroalloys. After the merge…
Satka Pig Iron Works intends to buy 100% of voting shares of the Kosaya Gora Iron and Steel Works. The companies produce pig iron and ferromanganese. They are the two largest ferromanganese suppliers on the Russian market. KMZ estimated the market at 154.8 thousand tons and called SChPZ its main competitor. The SChPZ share was…
Kosaya Gora Iron and Steel Works has held a meeting of shareholders. One of the issues of the June 24 meeting was the dividend payment for 2018. The shareholders decided not to pay dividends, and to spend the profit on the development of the company. (Ukrainian metal)
In 2018 Kosaya Gora Iron and Steel Works received 354 million rubles of net profit, up by 29% YoY. Last year the company sold 13.74 billion rubles worth of products, up by 13% YoY. Sales profit fell by 22%, to 570 million rubles. (Ukrainian metal)
In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons. In 10 months the works mined 62 thousand tons of ferromanganese, up by 9.1 thousand tons. In January-October 2018 the company produced 52.9 thousand tons of ferromanganese and sold 51.3 thousand tons. (Ukrainian metal)
In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons. In 10 months the company produced 62 thousand tons of ferromanganese, up by 9.1 thousand tons. (Ukrainian metal)