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07 Apr
13:38

Ural Steel increases revenue, output surges amid investments

Zagorsk Pipe Plant (ZTZ)’s Ural Steel increased revenue in 2022, the company says. This amounted to RUB 142.74 billion ($1.75 billion), up almost 1% on-year, Kallanish notes. However, net profit decreased by 2.42% to RUB 11.71 billion. The firm made significant investments last year into improving the technology and organisation of production, which has boosted product quality. It also says it started new production technologies that have improved environme…
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