In February, one of Mariupol assets of R. Akhmetov began profitable operation
Edited by Rhod Mackenzie / 2013-03-28 01:17:36
Under the results of February, Mariupol metallurgy combine in h. of Ilyich gained $165,000 by EBITDA. The enterprise has felt financialy positive for the first time within the last 1.5 years, the CEO Y. Zinchenko tells in live broadcast at the local TV channel of Mariupol on March 27. He adds that the sum is not large but it’s an ‘important psychological milestone’ for his staff. He explains move from losses by the unprecedented reduction in production prime cost of cast iron by $30 per ton, and martin steel by $60 within a short period of time.