The company’s revenues fell to RON42.5 million from RON213.5 million, and its overall costs dropped four times to RON69.3 million, from RON277 million.
Laminorul Braila reported turnover of RON24.1 million in the first nine months of 2013.
The company entered insolvency at the end of March.
In February, Russian giant Mechel sold its debt-mired steel makers in Romania to firm Invest Nikarom in Bucharest, controlled by two Russian citizens.
The deal targeted Mechel East Europe Metallurgical Division SRL, Ductil Steel Buzau, Ductil Steel Otelu Rosu, Mechel Campia Turzii, Mechel Targoviste and Laminorul Braila. (EUR1=RON4.4619)