metcoal.ru - Severnyy Kuzbass ArcelorMittal shows 20 m roubles of net loss in 2010

NEWS

25.04.2011

Severnyy Kuzbass ArcelorMittal shows 20 m roubles of net loss in 2010

In 2009, the net loss reached 641 m roubles. 2010 revenue totaled 4.973 bn roubles against 1.615 bn roubles in 2009.

Any direct comparison of 2009 and 2010 performances is not relevant in this case as the company was only established in August, 2009.

2010 coking coal production came to 1.485 bn t against 1.9 bn t in 2009. Pervomayskaya mine had been out of operation December, 2009 through January, 2011.

ArcelorMittal Krivyy Rih, Altay Koks, Kemerovo Koks and Stroyservis were the company`s principal customers in 2010.

Theme: Finance/Coal/Russia

Source: metcoal.ru

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