Russia: Usmanov and Mordashov asked to help terrorists with iron ore

The deputy chairman of the Russian government Dmitry Kozak suggested the major industrial groups to supply iron ore to the militants of the so-called Donetsk and Lugansk People’s Republics. In particular, Alisher Usmanov’s Metalloinvest and Alexei Mordashov’s Severstal representatives attended the meeting with Kozak. According to a source, the issue of iron ore deliveries to…

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Ukraine: SevGOK halts half of pelletizing machines

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…

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