Metals and mining

Evraz not to increase its share in Raspadskaya

Evraz will not increase its stake in Raspadskaya for a while.

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In the first 9 months, Severstal’s net profit under IAS decreased by 5.4%

In the first 9 months of 2019, the Severstal's net profit under IAS decreased by 5.4% compared to the same period of the previous year and amounted to $1.393 billion, the company reported.

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In January-September, Russia increased production of platinum group metals by 4.9%

In January-September 2019, Russia increased production of raw, semi-processed, or in the form of powder platinum and platinum group metals compared to the same period a year earlier by 4.9%, silver

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In the first 9 months of 2019, 183.6 million tons of coal produced in the Kemerovo region

In the first 9 months of 2019, 183.6 million tons of coal were produced in the Kemerovo region.

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MMK to present its products in Baku. Azerbaijan market is of great interest to the company.

According to the Department of Information and Public Relations of the city-forming enterprise, MMK is a regular participant of this major exhibition event, as the market of Azerbaijan is tradition

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Alrosa to increase resource base of diamonds in Yakutia by 35 million carats

Alrosa plans to increase forecast diamond resources in the Alakit-Markhinskoye kimberlite field by 35 million carats. The site is located on the territory of the Republic of Sakha (Yakutia).

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Ukraine increases manganese concentrate production by 8%

From January to September Ukraine produced 1,225.76 thousand tons of manganese concentrate, which is 8% more than in the first 9 months of last year.

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Severstal’s Board of Directors recommends paying dividends

Severstal's Board of Directors has recommended paying dividends for the year ended on September 30, 2019 in the amount of 27.47 rubles per share.

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Mechel signs a long-term agreement to supply coal to South Korea

Mechel, the leading Russian mining and metallurgical company, has announced signing of a memorandum of intent for supply of coal with STX Corporation, one of the largest Asian universal trading com

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Moody's: Steel demand growth in Russia will slow to 1-2% in 2020

Moody's forecasts a slowdown in the growth rate of demand for steel in Russia in 2020 to 1-2% after a rapid increase in demand in the first half of 2019.

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