The shareholders of Magnitogorsk Iron and Steel Works (MMK) have approved July-September 2019 dividends at 1.65 rubles per share, the company said. “A decision to pay dividends for the third quarter of the reporting year 2019 in the amount of 1.65 rubles per common share (tax included) was voted by the majority,” the statement said.…
In October 2019 Russia exported 25.1 thousand tons of lead ore and concentrate, down by 69.4% MoM and by 14% YoY. Deliveries to China decreased 3-fold, to 23.5 thousand tons, and to Kazakhstan – from 1.35 thousand tons to 135 tons. In 10 months of 2019 exports totaled 328 thousand tons, up by 11% YoY.…
The ChTPZ Group has supplied over 150 thousand tons of pipes for the construction of the TAPI gas pipeline. The state concern TurmenGaz is the customer. The pipes made of X70 steel with the diameter of 1422 mm and the outer corrosion-resistant coating will be used to construct the pipeline on the Turkmenistan territory. (Ukrainian…
Chelyabinsk Pipe Plant (ChelPipe) does not rule out the placement of its shares on the market in the future, an official reported. “ChelPipe is considering a market offering of the shareholder equity in the future as one of the scenarios but a final decision has not been made, it will depend on several factors, including…
In 2019 Zaporizhstal increased metal transportation by river by 36% YoY, to 905 thousand tons. The metal was shipped via the Zaporozhye River Port. The coastal trade contributed the most to the growth. Some 240 thousand tons were shipped to the seaports of Chernomorsk and Odessa. Previously metal to these destinations was transported by railroad.…
