Last year the growth of wages at Metinvest enterprises exceeded 30%. According to the group personnel director Alexander Pimkin, key jobs saw a rise of 40-45%. “Now the salary of our key employees in metal, mining and coke departments ranges within $1000-1200 in UAH equivalent”, he said. (Ukrainian metal)
As of February 1, 7 employees of the Zaporozhye Ferro Alloys Plant have fallen ill with measles. All the diseased are over 30 years old. One illness has been officially confirmed by the company laboratory. (Ukrainian metal)
The Severstal board of directors has recommended paying dividends for Q4 2018 in the amount of 32.08 rubles per share. The decision to pay dividends is expected to be taken at the shareholders meeting on June 7. The day recommended for the creation of the list of shareholders to receive dividends is June 18. (Ukrainian…
The prices of precious metals increased in Azerbaijan on February 5,according to the Central Bank. The price of gold grew by 3.4935 manats, to 2,234.9305 manats per ounce on February 5 compared to the price on February 4. The price of silver went up by 0.1598 manats, to 27.0503 manats per ounce. The price of…
In January Russian Railroads transported 105.4 million tons of cargo, up by 1.6% YoY. In particular, coal transportation grew by 5.2%, to 32.9 million tons, coke – by 9.1%, to 0.986 million tons, iron and manganese ore – by 7.5%, to 9.9 million tons, and ferrous metals – by 0.1%, to 6.6 million tons. At…
In January Irkutsk region mined 1354.5 kg of gold, up by 7.5% YoY. At present only ore gold is extracted in the region. The gold-washing season will start in May. In January 4 companies mined for gold in the region – Vysochaishiy, Ugakhan, Polyus Verninskoye and Druza LLC. The main volume was provided by Polyus…
In 2018 net profit of Severstal grew by 51.4% YoY, to $2.051 billion. According to the group statement, its revenue increased by 9.3%, to $8.58 billion. EBITDA was $3.142 billion, up by 21.9%. (Ukrainian metal)
In January Dneprovsky Iron and Steel Combine produced 230 thousand tons of rolled metal, down by 2.1% YoY. Steel output dropped by 4.7%, to 223 thousand tons, and pig iron – by 17.2%, to 207 thousand tons. In December 2018 DMK produced 204 thousand tons of rolled metal, 221 thousand tons of steel and 22…