Iron ore

Fitch confirms ratings at the level of BB, outlook changed to "positive"

The international rating agency Fitch has confirmed long-term issuer default ratings (IDR) in foreign and national currency of Metalloinvest at the level of BB.

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In H1, net profit of Metalloinvest grew by 48.7%

In the first six months of the year, the Metalloinvest's net profit made up $870 million, which is by 48.7% higher than in the same period of the previous year, as it follows from the company&#

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Stoilensky GOK buys new mining excavator

Stoilensky GOK (part of NLMK Group) has started work on a new 15-cubic meter excavator. It will ship ore onto railway box cars for transportation to processing plant.

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In Q2 2018, Metalloinvest increased output of steel, pellets and iron ore

In the second quarter of 2018, Metalloinvest produced 10.1 million tons of iron ore, increased the output by 2.3% mainly due to increased productivity and calendar time, as it follows from the comp

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Norilsk Nickel announces results of Bystrinsky GOK operation in H1

In the first half of this year, more than 5 thousand tons of copper were produced at the Bystrinsky GOK (division of Norilsk Nickel), which operates at the same named deposit in the the Gazimuro-Za

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EVRAZ Kachkanarsky GOK ships 150 million tons of agglomerate

EVRAZ Kachkanarsky GOK (KGOK) shipped 150 millionth ton of agglomerate to the blast furnace shop of EVRAZ NTMK.

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MMK awards its partners.

The general director of PJSC "Magnitogorsk Iron and Steel Works" (MMK) Pavel Shilyaev presented awards to the winners of the third annual contest "The Best Supplier".

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Ore: Record of shipment in the last 15 years

In May, ore loading reached a record level for the last 15 years and amounted to 9.9 million tons, which is by 3.1% more than in the previous year.

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Evraz expects recovery of steel prices in 2019

According to a forecast of the metallurgical company Evraz, prices for metallurgical products and raw materials will recover next year.

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According to Russian Railways, in H1, loading of ferrous metals rose by 12.2%

According to the operational information of Russian Railways, in June 2018, loading on the railway network in Russia amounted to 107 million tons (in May – 110.3 million tons).

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