Chelyabinsk Zinc Works has held an annual shareholders meeting. It was decided not to distribute the profit of 5.4 billion rubles for 2017. Thus, dividends for 2017 will not be paid. (Ukrainian metal)
58 years ago, on July 3, ArcelorMittal Temirtau produced the first Kazakh pig iron. This day is considered the birthday of the leader of Kazakh metal industry. Now the company is the only enterprise in Kazakhstan with the complete metal cycle. It occupies the area of 5 thousand ha. Since July 1960 the blast furnace…
In May ferrous metals transportation increased by 10.2% YoY, to 6.5 million tons. Since the start of the year the railroad transported 33 million tons of ferrous metals, up by 11%. Domestic transportation increased by 20%, and exports – by 5%. Exports to Turkey and Mexico grew 1.5-fold each, and to US – by 20%.…
In January-June Beloretsk Iron and Steel Works increased steel rope sales by 5% YoY, to 22 thousand tons. Calf lines for the drilling rigs in oil and gas industry, overhead ground wire as well as ropes for fishing industry and of the general use in lifting machines enjoyed the greatest demand from customers. Apart from…
Vadim Dubasov has been appointed the Severstal Russian Steel director of investments. His predecessor Sergey Sidorkov will continue working as the director of the center on investment projects. Dubasov started working with Evrazholding in 2001. In 2010 he went to work as the senior project manager at Evraz NTMK. From October 2012 till March 2018…
39 miners for more than a day refuse to return to the surface at the Novovolynskaya-10 mine in Volyn region, demanding their salary debts to be cleared. According to Vasiliy Pradid, the chairman of the Independent Miners Union of the mine, the miners ask the salary debts for April-June to be cleared. He did not…
In January-June Ferrexpo decreased pellets output by 1.2% YoY, to 5.096 million tons. According to the group statement, manufacture of pellets with 65% Fe content dropped by 2.5%, to 4.779 million tons, while that of pellets with 62% Fe content grew by 23%, to 317.1 thousand tons. The pellets manufacture of the group own ore…
The United States Department of Commerce has prolonged for a year the agreement with Interpipe, signed in July 2014, to suspend the antidumping investigation on pipes in exchange for price obligations on deliveries. The amendments to the contract will expire on July 10, 2019. Interpipe asked to prolong the agreement in November 2017. The department…