Evraz board of directors has decided to pay interim dividends for 2019 in the amount of $0.4 per ordinary share. The total amount of dividends will reach $580.8 million. Last year EVRAZ paid interim dividends of $0.35 per share ($508.17 million). (Ukrainian metal)
The United Metal Company has started modernizing rolling manufacture at Chusovoy Iron and Steel Works. A new rolling mill will be installed at the works capable of producing over 200 thousand tons of rolled metal per year. Investments total 3.6 billion rubles. The machinery will be assembled in late 2020. The first products will be…
Karelsky Okatysh has added three Komatsu HD785 dump trucks to its fleet. This is the first time that this model starts operating in Severstal. The lifting capacity of each truck is 91 tons. “Previously Karelsky Okatysh used Komatsu trucks with the lifting capacity of 217 tons. The advantage of the new model is that it…
In three years, under its project to exchange secondary gases with Zaporozhkoks, Zaporizhstal has decreased natural gas consumption by 240 million cubic meters. In 2016 the company modernized the gas pipeline and gas machinery at Zaporozhkoks. This allowed switching to the use of coke-blast furnace and natural-blast furnace gas mixes in rolling shops, resulting in…