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Russia: MMK to pay dividends for Q3 2017

Shareholders of the Magnitogorsk Iron and Steel Works decided to pay dividends for the operation in Q3 in the amount of 1.111 rubles per ordinary share. The total amount is around $209 million, or 59% of the company funds. This corresponds to the dividend profit of 2.5%. The shareholders entitled to receive dividends will be…

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Ukraine to cut anthracite consumption

Ukraine this year would reduce anthracite consumption to 5 million tons, which is almost 50% less than the figure for the previous year, the press service of the government has reported, referring to Deputy Prime Minister of Ukraine Volodymyr Kistion. “If earlier we consumed over 9 million tons of anthracite coal a year, at the…

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