JSC Metallurgical Plant AK Serov following the H1 of 2010 increased the revenue from sale of marketable goods, works and services compared to the same period the previous year in 1.5 times up to RUB 4.96 billion. The revenue growth is due to increased production of steel by 40%.

However, due to exchange rate changes, bank interest, rising prices for coke metallurgical plant them. AK Serov I completed half of 2010 with a net loss of RUB152 million which is 7.3 times lower than the loss the same period of 2009.

Note that at the end of the H1 of 2010, the price of scrap has increased in comparison with the beginning of the year by 16%, coke 2 times, natural gas rose by 12%, electricity 11%, railway transport by 8.5%.

The metallurgical plant them AK Serov in 2010, systematically improves the financial and economic indicators. With regard to I quarter of this year, in H2 revenues increased by RUB 628 million, profits derived from sales of RUB 325 million.