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Kazakhstan: AMT invests $9 million in galvanizing shop modernization

For a couple of years now ArcelorMittal Temirtau has been modernizing its hot-galvanizing and aluminum plating shop. In 2016 investments exceeded $4 million. In 2018-2019 the modernization will continue. During the modernization period, 8 investment projects have been realized aimed at improving quality of products, efficiency and decreasing environment impact. (Ukrainian metal)


Russia: MMK best employer

MMK has been named the best Russian employer by Forbes. The company was one of the 4 Russian companies to enter top-500 of the World’s Best Employers rating, occupying the 214th position. “Retaining the leading positions on the world metal market and demonstrating the considerable industrial dynamics, MMK has among its priorities the social responsibility”,…


Russia: Rusal sells 3% of shares

Victor Vekselberg and Mikhail Prokhorov received a total of 2.46 billion Hong Kong dollars ($315 million) from the sale of some 3% of Rusal shares. 456 million shares were placed at 5.4 HKD, with a 7.5% discount. There were 70 offers, with top 10 investors acquiring over 60% of shares. Of the volume sold Vekselberg…