Moldova: MMZ produces 500 thousand tons of steel in 2018

In 2018 Moldova Iron and Steel Works steel output exceeded 500 thousand tons.

Despite all the difficulties the company has been able to increase wages to its employees on average by 25%.

Investments in development grew 5-fold.

The company has constructed a warehouse and started modernization of the scrap complex. (Ukrainian metal)

Russia: Metalloinvest rating confirmed

The Expert RA rating agency has confirmed Metalloinvest rating at the ruAA- level with positive outlook. The analysts have positively estimated the financial and operational results of the group in 9 months of 2018, including its vertical integration, high added value output growth and prime cost level control. The increase in profitability and optimization of…

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Russia: Rusolovo tin output up in 2018

In 2018 Rusolovo produced 1.5 thousand tons of tin concentrate at its deposits in Khabarovsk region. The output grew by 50% YoY. In 2019 it is expected to increase manufacture to 2 thousand tons. By late 2022 Rusolovo plans to have commissioned a mining and processing works at the Pravourminskoye deposits, increasing tin concentrate output…

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