ArcelorMittal Temirtau has received a T-20 railroad car pusher from Dneprotyazhmash (Ukraine). The machine has been made to order. Dneprotyazhmash has been producing car pushers for many years, having made several modernizations to the model. (Ukrainian metal)
The Polymetal board of directors has suggested paying 2019 dividends in the amount of $0.42 per share ($197 million). This amounts to 50% of net profit for H2 2019. The overall dividends for 2019 amount to $0.82 per share ($385 million). The payment of dividends should be approved at the shareholders meeting on April 27.…
In December 2019, Russia imported 417 tons of molybdenum ore and concentrate, up by 70% MoM and 3-fold YoY. Deliveries from the USA dropped by 29%, to 100 tons, and from the Netherlands – by 25%, to 62 tons. At the same time purchases in Chile grew 4-fold, to 80 tons, and in Mexico –…
NLMK DanSteel, NLMK Group’s Denmark-based production site, has delivered its first thousand tons of S500MC high-strength steel plate (500 MPa yield strength) to German machine-building companies. The hot-rolled steel plates will be used to manufacture heavy vehicle components, including wheel axles parts. The use of high-strength steel ensures strong performance under high static and dynamic…
The physical volume of gold deals on the Moscow Exchange slid by 76% YoY, to 1.285 tons in January-February, according to the Moscow Exchange. The volume of silver deals soared by 70%, to 5.774 tons. In monetary terms, the gold deals fell to 4.5 billion rubles from 11.4 billion rubles. In February, the gold deals…
In December 2019, Russia imported 8.1 thousand tons of aluminum scrap and wastes, up by 77% MoM and 4-fold YoY. Deliveries from Kyrgyzstan grew 5-fold, to 1.5 thousand tons, and from US – from 2.3 thousand tons to 4.6 thousand tons. At the same time purchases from Kazakhstan decreased by 5%, to 1.6 thousand tons.…
Luchegorsky Coal Pit (LUR), developing the Bikinskoye coal deposit in Primorye region, in 2019 extracted 4.395 million tons of coal, down by 14% YoY. The company employed two contractors – SK-Universal LLC and Petrotrade-M LLC. LUR extracted 3.213 million tons of coal, Petrotrade-M – 391 thousand tons and SK-Universal – 790 thousand tons. The decrease…
According to Russian Railroads, in February 99.4 million tons of cargo were transported, down by 0.6% YoY. In January-February, transportation dropped by 2.8%, to 199.6 million tons. In particular, iron and manganese ores accounted for 19.7 million tons, up by 2.8%. Transportation of ferrous metals dropped by 4.9%, to 12.1 million tons, but scrap grew…
