19
Oct
12:09
Mechel’s Chelyabinsk increases revenue, profit in January-September
Chelyabinsk Metallurgical Plant (ChMK), part of Mechel, has ramped up revenue in January-September, the company has confirmed to Kallanish.
ChMK's revenue in the reporting period almost doubled to RUB 75 billion ($1.2 billion). As a result, the balance of other income and expenses for the nine months amounted to plus RUB 31.5 billion against minus RUB 498 million in January-September 2021.
This will support profit before tax, as well as net profit, the ente…
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Anonymous
Very good overview of the weekly steel market.
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