Evraz ZSMK has for the first time sold a batch of 54 E1 rails weighing 1650 tons to Greece. The rails will be used to expand the Athens subway. “The strategic goal of Evraz is to become a serious player on the European market of railroad transportation. We are counting on the further development of…
Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel. Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%. The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)
PJSC ArcelorMittal Kriviy Rih decided to support its employees, who served in ATO zone. Starting from this year, they can take a course on health improvement and therapy in the company’s healthcare center Dzherelo. They will be provided with the full remedial complex, accommodation in comfortable rooms and meals. The healthcare center is of general…
PJSC ArcelorMittal Kriviy Rih presented its investment activity during the meeting with regional deputies and representatives of German society for international cooperation GIZ. The seminar took place with participation of Consul-General of German Federal Republic Wolfgang Mössinger and Head of Dnipropetrovsk Regional Council Gleb Prygunov. Environment, infrastructure and trade became the main seminar themes. GIZ…
In 2017 Polyus received $1.241 billion of net profit, down by 14% YoY, or 72.191 billion rubles, down by 24.2%. Revenue grew by 11%, to $2.721 billion, EBITDA – by 11%, to $1.7 billion. In Q4 2017 Polyus net profit dropped by 28% QoQ, to $267 million, and corrected net profit by 19%, to $242…
The Titan Group of Companies intends to construct a plant to produce 36 thousand tons of silicon per year. The group will invest 1.5 billion rubles in the project, and 5.5 billion rubles more will be provided by the Eurasian Bank of Development over 10 years. In late May 2017 Titan started looking for a…
In January Zabaykalye region mined 1904.42 thousand tons of coal, down by 8% YoY. 10 companies are mining for coal in the region. The leaders are Razrez Tugnuysky, Razrez Kharanorskiy and Chitaugol LLC. Two companies – Takecha LLC and Kutinskiy Razrez LLC – have not started mining. (Ukrainian metal)
In the past 17 years the market of rebar ropes has grown 6-fold, to 6 million tons. According to the Armasteel director Lev Zaretskiy, the company has mastered the manufacture of a new type of rebar ropes – 10-wire ropes K10. Such ropes allow construction companies to save cement (up to 30%), replace crushed stone…