Operating results of Energosteel Company in January – June 2017

Energosteel Company is Ukrainian manufacturer of forged steel grinding balls. Our products are designed for grinding of raw materials at ore mining and industrial processing facilities, energy generating companies, cement plants. Capacity of Energosteel Company is 60 000 steel grinding balls per year. We are produce grinding balls with a diameter by 20mm to 125mm with high carbon content and the volumetric hardness from 60 to 65 HRC.

Energosteel Company key strategic directions aimed at improving the products quality, developing new sales markets and expanding export supplies.

Thus, 65% of Energosteel steel grinding balls sold on the domestic market, while 35% were exported during the first 6 months 2017, versus 75% and 25% respectively for the same period in 2016.

The exports increase became possible due to sales increase in 4.5 times to the CIS countries, as well as through the new markets development in the directions – the EU, the CIS, the Middle East countries and the Baltic States. The customer numbers increased on 6% in January-June 2017.

The realization structure of grinding balls different harnesses. The production volume of grinding balls fifth hardness group increased by 2 times in January-June 2017, comparison to the same period in 2016. Thus, grinding balls with fifth hardness group amounted 23.5% of the total sales at first 6 month 2017, while this figure was 11.43% in the same period in 2016.

Let’s remind, Energosteel Company is the unique enterprise mastered manufacture of steel grinding balls high volumetric hardness and fifth hardness group in the CIS.