Ukraine: AMKR restores 27 locomotives in 2 years

ArcelorMittal Kriviy Rih began to apply domestic and foreign analogues instead of Russian components for the capital repairs of locomotives, thus minimizing the impact of Russian Federation’s sanctions regarding prohibition on delivery of locomotives’ spare parts and engines to Ukraine. After the events of 2014-2015, military and technical cooperation between the countries was frozen. Dual-use…

Russia: Mechel shares price growing

On January 8 the price of ordinary shares of Mechel increased by 30.8%, to 99.8 rubles. Premium shares became 28.85% more expensive – 114.8 rubles. The highest price of the ordinary shares was 104 rubles, up by 64% from the final trades of 2019, and of premium shares – 123.6 rubles, up by 38.7%. (Ukrainian…

Russia: OmZM-Metal supplies metal structures to Samburskoye deposit

OmZM-Metal has finished supplying metal structures for the construction of the Sambursky licensed site of the Urengoy oil and gas condensate deposit in Yamalo-Nenets Autonomous District. The license belongs to Arcticgaz, a joint venture of Novatek and Gazprom neft. According to the agreement, OmZM-Metal supplied over 1.5 thousand tons of metal structures with corrosion-resistant coating.…