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Russia: MMK profit down in Q3 2019

In July-September MMK received $271 million of profit, down by 32% YoY. Revenue dropped by 4%, to $2.009 billion, and EBITDA – by 22%, to $525 million. In January-September profit decreased by 28% YoY, to $768 million. Revenue fell by 6.5%, to $5.844 billion, and EBITDA – by 22%, to $1.462 billion. (Ukrainian metal)


Russia: LGOK passes quality management system audit

Lebedinsky Mining and Processing Works has successfully passed the audit of its quality management system and has once again confirmed its correspondence to the international standard. The audit has been carried out by the experts of the British Standards Institution. They noted that all the departments inspected demonstrated the highest level of participation in the…


Kazakhstan: AMT signs new environment memorandum

The Ministry of ecology, geology and natural resources has signed a memorandum with ArcelorMittal Temirtau to decrease emission by 30% in 2019-2024. The meeting also discussed the environment-protection activities of AMT, implementation of the newest techniques in pollution decrease and purification, as well as measures taken to improve the ecological situation in the Karaganda region.…