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Russia’s second biggest lender VTB has raised the stake in Polymetal International plc to 5.15% from 0.16% as a result of a repo deal, the bank said. The deal took place on May 14. (Prime/Ukrainian metal)
DetailsAntonov, the subsidiary of Ukroboronprom, has made amendments to the agreement with Dneprospetsstal on the purchase of metal products valued at 84.95 million UAH. In June 2015, Antonov ordered 8.9 tons of rods with the diameter of 16-140 mm made of heat-resistant stainless steel valued at 1.42 million UAH. In 4 years, the conditions of…
Details“The events at Kyzyl-Ompol were politicized. We know who is behind this,” the President of Kyrgyzstan Sooronbai Jeenbekov said at a meeting with the residents of Balykchy town. According to him, the organization of such a commotion at the time when preparations for the tourist season were underway could be assessed as malicious action aimed…
DetailsThe Krasniy Octyabr shaped casting shop has mastered the manufacture of special steel grades. Now the shop is capable of producing such complex steel grades as 18X11MNFB-Sh, 12X18N12T, 06X15N6MVFB, etc. One of the main peculiarities of the shop operation is the use of two-slag technique, when the oxidizing and restoration periods are carried out in…
DetailsAlexander Brechalov, governor of the Udmurtia Republic, has visited Izhstal under its industrial tourism program. In particular, he paid a visit to the electric arc shop. In 2010 a new steel smelting complex was commissioned in the shop. The complex consists of an arc furnace with the capacity of 40 tons of liquid metal, a…
DetailsRussian aluminum producer RUSAL is reregistering the business in a special administrative zone in Kaliningrad, Yelena Bezdenezhnykh, vice-president for regional policies and government relations, said at the St. Petersburg International Legal Forum. “RUSAL is relocating to Kaliningrad, as you know, there is reregistration,” Bezdenezhnykh said. “In this case this is one of the good examples…
DetailsMetalloinvest has in advance bought a part of its bonds issued in 2013 with maturity in 2020. In order to optimize its loan portfolio, the company using its own funds has bought back bonds valued at $62.114 million. Thus, there are now bonds valued at $270.615 million with maturity in April 2020 in free float.…
DetailsUkrainian Railways will soon announce new trade in scrap in the ProZorro system. “In early May, Ukrzaliznytsia announced 8 auctions in the ProZorro system. 1 auction was cancelled due to a technical error, while there were no bids on the other 7 auctions”, the company reported. Ukrzaliznytsia intends to reform the lots and announce new…
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