Russia: Severstal approves dividends for H1 2017

At an extraordinary meeting on September 15 Severstal shareholders approved of dividends for January-June 2017 in the volume of 22.28 rubles per ordinary share.

According to the company statement, the registry will be closed on September 26.

Earlier shareholders approved dividends for Q1 in the amount of 24.44 rubles per share. (Ukrainian metal)

Russia: TMK works get InterGazCert certificates

4 works of the Russian Pipe Metallurgical Company have received quality management certificates in Gazprom’s voluntary certification system InterGazCert. In particular, the certificates have been granted to Volzhsk, Seversk and Sinarsky Pipe Works as well as Taganrog Iron and Steel Works. The certificates confirm the works’ quality management systems correspondence to Gazprom standards, the ability…

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Tajikistan: TALCO to be completely modernized

TALCO intends to increase aluminum capacities to 300 thousand tons per year by 2020. According to a company representative Igor Sattarov, it has all the possibilities of reaching the goal thanks to the current economical situation, positive market prospects and implementation of the new aluminum manufacture technique. Previously TALCO capacity was 600 thousand tons of…

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Russia: Kandalaksha port exports 1 million tons of coal

Kandalaksha Sea Trade Port keeps increasing coal throughput.

Since the beginning of the year the port has exported over 1 million tons of coal, up 3-fold YoY.

This year the port has serviced 38 vessels and over 14 thousand open wagons. (Ukrainian metal)

Russia: MMK again in environment TOP-10

MMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…

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