Russia: Norilsk Nickel announces preliminary consolidated production results for Q1 2017

Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the first quarter of 2017. First Vice-President – Chief Operating Officer, Sergey Dyachenko commented on the Q1 production results: “The decline in metal production volumes in the first quarter was scheduled as it was resulting primarily from…


Russia: ferrous scrap imports from Kazakhstan up in January-February 2017

In January-February Russia imported 78.1 thousand tons of ferrous scrap from Kazakhstan, up 2.4-fold. This is also the highest result for the last several years.

Chelyabinsk region imported 46% of Kazakh scrap, Krasnoyarsk krai – 32%, and Saint Petersburg – 8%. (Ukrainian metal)

Ukraine: AMKR to spend UAH 2.7 billion of 2016 profit on production development

PJSC ArcelorMittal Kriviy Rih (Dniepropetrovsk region) will not pay dividends for 2016, but will direct net profit in the amount of UAH 2.704 billion for development of production. According to a plant press release, this decision was made at an annual general meeting of shareholders on April 27. The shareholders heard the reports of the…