In 2018 the Atmosphera mobile environment laboratory will be working on weekends and holidays and will increase its route. According to the city council people’s deputy and the chairman of the social protection, health protection and ecology commission Maxim Borodin, Mariupol Ilyich Iron and Steel Works and Azovstal have considerably decreased their buffer zones, thus…
In January-September Severstal received $792 million of net profits, down by 39.4% YoY. EBITDA grew by 31.8%, to $1.823 billion, revenue – by 32.9%, to $5.67 billion. In Q3 net profits increased 2.2-fold QoQ, to $297 million. EBITDA dropped by 2.1%, to $616 million, revenue grew by 2.1%, to $1.972 billion. As of September 30,…
The board of directors of Russian steelmaker Severstal has recommended paying 35.61 rubles per share, or 29.83 billion rubles, in dividends for July-September, the company said in a statement on October 17. The shareholders will discuss the recommendation at an extraordinary general meeting on November 24. The register for the meeting closes on October 30.…
PJSC Magnitogorsk Iron and Steel Works and Foundation for development of the New Technologies Development and Commercialization Center at the Skolkovo Foundation have signed an agreement to establish the MMK Research Center at Skolkovo. The agreement was signed by MMK CEO Pavel Shilyaev and President of the Skolkovo Foundation Victor Vekselberg. MMK plans to invest…
In 2018 Pobuzhye FerronickelPlant intends to use some 110 million UAH of investments. “The invest program for the next year is being prepared and will be approved in late October. But we expect its amount on the level not less, than this year”, the company CEO Oleg Bespaly said. According to him, this year the…
In January-August Russia exported 27.322 million tons of ferrous metals, down by 4.65% YoY. Far foreign countries imported 23.3 million tons. Exports of ferrous metals without pig iron, ferroalloys, wastes and scrap totaled 19.062 million tons, down by 1.47% YoY. Far foreign countries imported 16.148 million tons. Carbon steel semi-finished products exports reached 9.374 million…
In January-September Kapan Mining and Processing Works processed 389 thousand tons of ore. In Q3 ore processing totaled 149 thousand tons against 112 thousand tons in Q3 2016. Gold contents in 1 ton of ore in Q3 were 2 g, down by 15% YoY, silver contents – 35 g (-27%), copper – 0.27% (-14%), and…
Polymetal CEO Vitaly Nesis thinks that silver has more prospects than gold. According to him, demand for silver is much higher, while the output decreases. In time price of silver will grow. At the same time, it is difficult to forecast gold price. That’s why Polymetal CEO believes that silver is better than gold. “Silver…
