Russia's Nizhniy Tagil Steel Works (NTMK), a subsidiary of Russian mining and steel producing company Evraz Group, has reported that its net profit was RUB 5.449 billion ($94.076 million) in 2014, 2.1 times less than in 2013.
Also in 2014, NTMK's sales revenues increased by two percent year on year, reaching Ruble 111.4 billion ($1.924 billion).