Erdemir : Decides to revise its 2016 expectations as 8.8 million tons sales volumes, 19-21 percent EBITDA margin and 10-12 percent net profit margin .Previous 2016 expectations were 9.0 million tons sales volumes, 15-17 percent EBITDA margin and 6-8 percent net profit margin.
Uralskaya Kuznitsa : 9-Month net profit to Russian Accounting Standards (RAS) at 1.38 billion roubles ($22.12 million) versus 2.11 billion roubles year ago .9-Month revenue to RAS of 9.02 billion roubles versus 9.38 billion roubles year ago.
Motovilikha Plants :Says Rostec increased its stake in company to 39.99 percent from 14.99 percent.
Kalyani Steels Ltd : Sept-quarter net profit 376 million rupees versus 294.7 million rupees year ago .Sept-quarter total income from operations 3.30 billion rupees versus 3.18 billion rupees year ago.
Mergers & Acquisitions
No related earnings announcements are currently scheduled within the next 7 days.