Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel. Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%. The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)
DetailsPJSC ArcelorMittal Kriviy Rih decided to support its employees, who served in ATO zone. Starting from this year, they can take a course on health improvement and therapy in the company’s healthcare center Dzherelo. They will be provided with the full remedial complex, accommodation in comfortable rooms and meals. The healthcare center is of general…
DetailsPJSC ArcelorMittal Kriviy Rih presented its investment activity during the meeting with regional deputies and representatives of German society for international cooperation GIZ. The seminar took place with participation of Consul-General of German Federal Republic Wolfgang Mössinger and Head of Dnipropetrovsk Regional Council Gleb Prygunov. Environment, infrastructure and trade became the main seminar themes. GIZ…
DetailsIn 2017 Polyus received $1.241 billion of net profit, down by 14% YoY, or 72.191 billion rubles, down by 24.2%. Revenue grew by 11%, to $2.721 billion, EBITDA – by 11%, to $1.7 billion. In Q4 2017 Polyus net profit dropped by 28% QoQ, to $267 million, and corrected net profit by 19%, to $242…
DetailsThe Titan Group of Companies intends to construct a plant to produce 36 thousand tons of silicon per year. The group will invest 1.5 billion rubles in the project, and 5.5 billion rubles more will be provided by the Eurasian Bank of Development over 10 years. In late May 2017 Titan started looking for a…
DetailsIn January Zabaykalye region mined 1904.42 thousand tons of coal, down by 8% YoY. 10 companies are mining for coal in the region. The leaders are Razrez Tugnuysky, Razrez Kharanorskiy and Chitaugol LLC. Two companies – Takecha LLC and Kutinskiy Razrez LLC – have not started mining. (Ukrainian metal)
DetailsIn the past 17 years the market of rebar ropes has grown 6-fold, to 6 million tons. According to the Armasteel director Lev Zaretskiy, the company has mastered the manufacture of a new type of rebar ropes – 10-wire ropes K10. Such ropes allow construction companies to save cement (up to 30%), replace crushed stone…
DetailsIn 2017 Metalloinvest increased sales of high quality rolled metal for bridge construction by 24% YoY, to 230 thousand tons (186 thousand tons in 2016). Last year a number of major infrastructure objects constructed of the UralStal steel were commissioned, such as the bridge over the Volga River in Nizhniy Novgorod and over the Tura…
DetailsIn January Ukrainian metal companies decreased natural gas consumption by 5% YoY, to 190 million cubic meters. In December 2017 the volume of consumed gas was the same, while in November 2017 – much lower – 165 million cubic meters. Electricity consumption in January reached 1.1 billion kW-h, down by 8.3% YoY, but up by…
DetailsIn January Ukraine procured 279 thousand tons of scrap, up by 16% YoY, but down by 22% MoM. Of this volume domestic metal companies received 245 thousand tons, down by 20% MoM, but up by 7% YoY. Exports decreased by 35% MoM, but grew 3.4-fold YoY, to 34 thousand tons. (Ukrainian metal)
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