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Russia: MMK EGM approves dividends for Q2 2018

PJSC Magnitogorsk Iron and Steel Works announced that an Extraordinary General Meeting of shareholders was held on September 28 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 1.589 rubles (including tax) per share for the second quarter of 2018. The dividend will be paid in cash…

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Russia: Arkonik Russia light-alloy drilling pipes tested at Tagrinskoye deposits

Light-alloy drilling pipes, manufactured by Arkonik Russia, have confirmed the correspondence of their characteristics to the standards. The testing has been done in the shafts of the Tagrinskoye deposits in Western Siberia. “For half a century the reliability of our aluminum pipes has been providing for the qualitative drilling in extreme conditions. We are proud…

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Russia: UralKuz certifies products for aviation industry

Uralskaya Kuznitsa has successfully passed the audit of its products. As the result of the inspection the specialists of the Ufa Motor-Building Manufacturing Enterprise checked the quality management system for the production and delivery of goods for the aviation industry. The company purchases forgings of heat-resistant alloys for gas-turbine engines. Thanks to the special characteristics…

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