In 2019, Nadezhdinsky Iron and Steel Works decreased net profit by 37% YoY, to 838 million rubles. Last year the company was receiving profit each quarter: 285 million rubles in Q1, 217 million rubles in Q2, 169 million rubles in Q3 and 158 million rubles in Q4. Revenue dropped by 9%, to 22.04 billion rubles.…
Nadezhdinsky Iron and Steel Works has started exporting steel to be used in the manufacture of pressure cylinders to European plants. In Q2 exports exceeded 2 thousand tons. “A trial batch of 66 tons was shipped in April. The customer carried out tests, saw the quality and started placing orders. In September-October we have to…
In 2018 Nadezhdinsky Iron and Steel Works received 1.32 billion rubles of net profit, up from 610.7 million rubles in 2017. This is also the highest result so far. At the same time, in 2016 the company received 1.2 billion rubles of net losses, in 2015 – 2 billion rubles and in 2014 – 4…
Nadezhdinsky Iron and Steel Works has confirmed its correspondence to the requirements of the Russian Marine Registry. The company can produce rolled metal for shipbuilding of normal A strength steel, as well as improved A32 and E36 steel grades. The company makes square billets and blooms of this steel. Last year shipbuilding companies received 1.3…
In 2018 Nadezhdinsky Iron and Steel Works produced 0.56 million tons of rolled metal and calibrated steel, up by 4% YoY. The annual target was exceeded by 20 thousand tons. The company is one of the three largest suppliers of calibrated rolled metal and is in top-10 manufacturer of bars in Russia. (Ukrainian metal)
Roof of the smelting shop No. 1 of Nadezhdinsky Iron and Steel Works in Norilsk has collapsed. According to emergency service, the roof was damaged on the space of 500 square meters. The roof collapsed following a very strong wind with the velocity of 30 meters per second. There were no casualties. At present the…
In Q3 Nadezhdinsky Iron and Steel Works received 185.5 million rubles of net profit, down by 3% QoQ, while in Q3 2016 the company received 112 million rubles of net profit. In January-September NMZ received 447.9 million rubles of net profit, up from the net loss of 1.21 billion rubles in January-September 2016. In Q3…
In January-September Nadezhdinsky Iron and Steel Works produced 388 thousand tons of rolled metal, up by 4% YoY, or by 15.3 thousand tons. More than half of the output is the products of the bars shop (up by 9%). At present the company is negotiating the construction of the continuous-casting machine. (Ukrainian metal)