The trade union of ArcelorMittal Kriviy Rih at the meeting held on March 14 demanded the company management to increase the salary to 1 thousand euros in UAH equivalent from April 1. The employees also demanded the provision of safe working conditions: checking all roofs and constructions. This is connected with the recent collapse of…
In February Dneprospetsstal produced 21031 tons of steel and 14055 tons of rolled metal, both up by 2.1% and by 1.7% MoM respectively. The combined cost of goods manufactured in February reached 784306 thousand UAH, up by 0.5% MoM. In 2 months the company produced 41623 tons of steel and 27874 tons of rolled metal,…
This year MMK intends to load its galvanized and polymer-coated metal capacities to the maximum. According to the coated metal sales senior manager Alexei Oleynik, the company main goal is to completely satisfy customers in product range and quality. “The domestic market is still considered the main destination of sales. The share of the inner…
In 2017 Russia consumed 4.3 million tons of rolled metal with coating. According to Severstal Russian Steel flat rolled metal sales director Kirill Kiryushkin, imports from Kazakhstan grew, but fell from China and Ukraine. This year a slight increase in consumption of galvanized and coated steel is expected – by 2%. Last year Severstal was…
In 2017 Metalloinvest revenue grew by 46.2%, to $6.2 billion mostly because of market situation improvement and the growth of high added value products sales, in particular hot-briquetted iron. Metal products sales revenue last year increased by 43.7%, to $3.2 billion, and iron ore sales – by 51.5%, to $2.8 billion. The main share of…
In 2017 MMK Group put aside 2.24 billion rubles for charity and for the development of social initiatives and projects – a 4% increase compared to the previous year. Magnitogorsk Iron & Steel Works contributed over 1.4 billion rubles to the overall sum donated to charitable and social projects. MMK is the leading Russian mining…
Residents of Shopokov town held a rally in Bishkek in front of the White House. The protesters appealed to the authorities, including the authorized representative of the government in Chui region, with a request to stop the work of the metallurgical plant. The appeal says that the plant is located in the center of the…
Prices for the precious metals in Azerbaijan increased on March 14. The cost of gold increased by 14.88 manats (by 0.7%), to 2257,25 manats per troy ounce, according to the data published by the Central Bank. The cost of gold in Azerbaijan over the past 30 days (February 14 – March 14, 2018) decreased from…
