The shareholders of the Severniy Mining and Processing Works, a part of Metinvest, intend to spend 1.8 billion UAH on paying dividends for 2016 from the net profit of 3.61 billion UAH. The dividends will be paid as 0.77643 UAH per ordinary share. In 2015 SevGOK received 1.21 billion UAH of net losses. (Ukrainian metal)
The Severniy Mining and Processing Works has stopped half of its pelletizing machines because of the railroad blockade of the occupied territories. “Ukrainian metal industry has dropped to the 5-year minimum, the companies have started shutting down. Dneprovsky Iron and Steel Works operates only one blast furnace, the employees have received 25% of the January…
Shareholders of the private joint-stock company Severniy Mining and Processing Works, a part of Metinvest Group, have sent UAH 11.546 billion to pay dividends for 2014 and previous years. “At a general meeting of shareholders on January 30, it was decided to pay dividends implementing the draft decision,” the company reported. Some UA 1.545 billion…
Shareholders of the Severniy Mining and Processing Works intend to allot the net profit received in 2014 and a part of retained earnings from the previous years. This will be the issue of the meeting scheduled for January 30. The shareholders will also discuss dividend issues. In 2014 SevGOK received 1545.665 million UAH of net…
In 2018 Severniy Mining and Processing Works intends to increase concentrate output by 23%, to 15 million tons. According to the company CEO Pavel Timoshenko, in 2016 the works plans to mine 28864 thousand tons of ore and produce 13 million tons of concentrate and 9.19 million tons of pellets. (Ukrainian metal)
Severniy Mining and Processing Works decided to buy 14 large BELAZ trucks valued at 0.5 billion UAH within the 2017 investment program. According to the company statement, the first 130-ton BELAZ has already been put to work at the Pervomaysky quarry. (Ukrainian metal)
In January-November Poltava Mining and Processing Works, a part of Ferrexpo, exported 10.2million tons of iron ore pellets. The products were shipped to Europe and the Near East, as well as Japan, Korea and China. In the same period Central GOK exported 2 million tons of pellets, with Karelsky okatysh exporting 4.439 million tons, Mikhaylovsky…
In January-September Poltava Mining and Processing Works exported 8.41 million tons of iron ore pellets. According to the state enterprise Ukrpromvneshexpertisa, the company exported pellets to Europe and the Near East, as well as Japan, China and Korea. Central GOK exported 1.71 million tons of pellets. In January-September PGOK produced 8.32 million tons of iron…