Russia: Uchaly GOK buys new machinery

Uchaly Mining and Processing Works has received 2 Sandvik DD311 drilling machines and a Sandvik TH545 underground dump truck.

The machines will be operating at the Novo-Uchalinsky mine.

This is the second underground truck bought this year for the Novo-Uchalinsky deposits.

Ore mining will start next month. (Ukrainian metal)

Russia: OMK opens e-store

The United Metal Company has opened an Internet store.

The shop sells springs made by Chusov Iron and Steel Works as well as Almeteyevsk Works pipes.

The new system allows small and medium business to order products directly from manufacturers. (Ukrainian metal)

Russia: TMK to pay 2.355 billion rubles of dividends

Pipe Metal Company has held an annual meeting of the shareholders.

According to the company statement, it was decided to distribute 2017 net profit as dividends of 2.28 rubles per ordinary share for the total amount of 2.355 billion rubles.

Ernst & Young was selected as the company auditor. (Ukrainian metal)