Russia: Tagmet losses up in 2018

For the third year in a row Taganrog Iron and Steel Works has been receiving losses. Thus, in 2018 Tagmet net losses amounted to 2.139 billion rubles, up by 15% YoY. In 2017 the losses exceeded 1.86 billion rubles, and in 2016 – 885 million rubles. In 2012-2015 the company was seeing profit. Last year…

Russia: NLMK Group localizes Steeluniversity

NLMK Group, a global steel company, announces the launch of the Russian version of Steeluniversity, a famous educational website of the International Iron and Steel Institute (IISI). Steeluniversity is an educational project of the World Steel Association, an international association of steel producers. It is a collection of e-learning resources and interactive simulations covering major…

Russia: NLMK Board approves AGM agenda

The Board of Directors of NLMK Group, a global steel company with operations in Russia, the USA, and the EU, held a meeting on March 15 during which the agenda for the Annual General Shareholders’ Meeting (AGM) to be held on April 19, was approved. The list of persons entitled to participate at the AGM…

Ukraine: DTEK ESKO modernizes Azovstal lighting

DTEK ESKO has modernized the lighting system in the transport and treatment department of the Azovstal converter shop.

Instead of 713 old lamps, 553 LED-lamps now light the premises, consuming 90% less electricity.

The lifetime of the new lamps is 15 years.

Lighting systems will be modernized in other shop departments as well. (Ukrainian metal)