Russia: Polymetal net profit up in 2019
In 2019 Polymetal International plc increased net profit by 36% YoY, to $483 million. Revenue grew by 19%, to $2.246 billion. EBITDA totaled $1.075 billion, up by 38%. (Ukrainian metal)
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Russia: aluminum wire exports down in December 2019
In December 2019, Russia exported 7.7 thousand tons of aluminum wire, down by 45% MoM and by 29% YoY. In particular, deliveries to Ukraine dropped to 398 tons from 1.5 thousand tons, and to Belarus – to 2.3 thousand tons from 3.4 thousand tons. At the same time exports to Poland grew more than 4-fold,…
DetailsKazakhstan: AMT buys Ukrainian car pusher
ArcelorMittal Temirtau has received a T-20 railroad car pusher from Dneprotyazhmash (Ukraine). The machine has been made to order. Dneprotyazhmash has been producing car pushers for many years, having made several modernizations to the model. (Ukrainian metal)
DetailsRussia: Polymetal to pay $385 million worth of dividends
The Polymetal board of directors has suggested paying 2019 dividends in the amount of $0.42 per share ($197 million). This amounts to 50% of net profit for H2 2019. The overall dividends for 2019 amount to $0.82 per share ($385 million). The payment of dividends should be approved at the shareholders meeting on April 27.…
DetailsRussia: molybdenum ore imports up in December 2019
In December 2019, Russia imported 417 tons of molybdenum ore and concentrate, up by 70% MoM and 3-fold YoY. Deliveries from the USA dropped by 29%, to 100 tons, and from the Netherlands – by 25%, to 62 tons. At the same time purchases in Chile grew 4-fold, to 80 tons, and in Mexico –…
DetailsRussia: NLMK Group expands premium product offering in European market
NLMK DanSteel, NLMK Group’s Denmark-based production site, has delivered its first thousand tons of S500MC high-strength steel plate (500 MPa yield strength) to German machine-building companies. The hot-rolled steel plates will be used to manufacture heavy vehicle components, including wheel axles parts. The use of high-strength steel ensures strong performance under high static and dynamic…
DetailsRussia: gold deals on Moscow Exchange down in January-February 2020
The physical volume of gold deals on the Moscow Exchange slid by 76% YoY, to 1.285 tons in January-February, according to the Moscow Exchange. The volume of silver deals soared by 70%, to 5.774 tons. In monetary terms, the gold deals fell to 4.5 billion rubles from 11.4 billion rubles. In February, the gold deals…
DetailsRussia: aluminum scrap imports up in December 2019
In December 2019, Russia imported 8.1 thousand tons of aluminum scrap and wastes, up by 77% MoM and 4-fold YoY. Deliveries from Kyrgyzstan grew 5-fold, to 1.5 thousand tons, and from US – from 2.3 thousand tons to 4.6 thousand tons. At the same time purchases from Kazakhstan decreased by 5%, to 1.6 thousand tons.…
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