06
Aug
13:43
Higher exports boost Mechel’s Moskoks profit
Russian miner and steel producer Mechel’s Moscow Coke and Gas Plant (Moskoks) increased first-half-year revenue and net profit due to higher exports, the company says.
Revenue amounted to RUB 8.6 billion ($117 million), up by 122% on-year, Kallanish notes. Net profit amounted to about RUB 2.28 billion, which is 12 times more than in the first half of 2020.
“We were able to improve financial performance by increasing the output of high-quality products…
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Anonymous
Very good overview of the weekly steel market.
Anonymous