Iron ore

Metalloinvest's net profit up by 29.6% in Q1

In the first quarter of 2019 the net profit of Metalloinvest under IFRS increased by 29.6% compared to the same period last year and amounted to $539 million, the company reported.

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Evraz to invests 6.4 billion rubles in development of Sobstvenno-Kachkanarskoye deposit

Evraz has started to implement the first stage of an investment project for development of the Sobstvenno-Kachkanarskoye deposit of titanium magnetite ores with vanadium content, the company report

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Korshunovsky GOK increases production 1.6 times against the background of increased ore mining

Irkutsk mining enterprise Korshunovsky GOK (part of Mechel) produced 565 thousand tons of iron ore concentrate in the first quarter of 2019.

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"Korshunov Mining Plant" increases production by 1.6 times amid increasing ore mining.

The increase in production was affected by an increase in iron ore production and processing of raw materials with high iron content.

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25.3 million tons of oil produced in Kazakhstan in January-April 2019

In January-April 2019 Kazakhstan produced 25.349 million tons of oil. This is 0.2% less than in the same period of 2018.

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Zaporozhye Iron Ore Plant increases mining by 6%

In January-April 2019 the Zaporozhye Iron Ore Plant (ZZhRK, Dneprorudnoe, Zaporozhye region) increased iron ore production by 6.2% compared to the same period in 2018 - up to 1 million 505.3 thousa

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Ukraine reduces foreign exchange earnings from export of ferrous metals

In January-April 2019, metallurgical enterprises of Ukraine reduced revenues from the export of ferrous metals by 8.8% compared to the same period of 2018 - to $3,180,197,000 ($3,488,042,000 millio

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Russian Railways: loading of ferrous metals down by 2.8% since the beginning of the year

According to the latest information of the Russian Railways, during April 2019, loading onto the railroad networks of the Russian Federation amounted to 107.1 million tons (113.3 million tons in Ma

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Fitch raises rating of Metalloinvest to BB+ with stable outlook

Metalloinvest has reported that international rating agency Fitch Ratings upgraded the company's corporate rating to BB+ with a stable outlook from the level BB/positive.

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Metalloinvest reports partial refinancing of its loan portfolio

In accordance with the strategy of loan portfolio management, the Company allocated 5 billion rubles for early repayment of debt on one of the tranches of the Sberbank loan, the repayment of which

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