Metinvest

MMK n.a. Ilyich reduced loss by 10 times

In 2016 the Mariupol metallurgical plant n.a. Ilyich by the preliminary data reduced its loss by 10.4 times to 152.79 mln grivnas against 2015 (1.50 bln grivnas).

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Azovsteel made over 500 mln grivnas of profit in 2016 against a loss in 2015

The metallurgical plant Azovsteel (in the structure of Metinnvest) on the results of 2016 made a net profit of 558.417 mln grivnas while ended 2015 with a net loss of 1 bln 835.472 mln grivnas.

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Severny GOK reduced pellets production by 11% in January-February 2017

On the result of the railroad blocking leading to Donbass, the Severny GOK froze a half of its pelletizing machines. It will lead to the reduction of production results of the plant.

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Two plants of Rinat Akhmetov in Donbass ceased production

Enakiyevo metallurgical plant (EMZ) and Krasnodonugol, included in the Metinvest group of Rinat Akhmetov, have stopped production because of the blockade of the railway communication in the Donets

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Metinvest reduced iron ore concentrate production

In 2016 the mining enterprises of Metinvest reduced iron ore concentrate production by 8% against 2015 to 29.640 mln tons.

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Ilyich MMK increase rolled products output by a third in January 2017

The Mariupol metallurgical plant n.a. Ilyich (Ukraine, in the structure of Metinvest) in January 2017 increased the output of rolled products by 33.3% against January 2016 to 236 thousand tons.

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Metinvest to invest in development of Krivoy Rog’s GOKs

In 2017, the Metinvest Group will invest 7.4 billion hryvnias in the Inguletsky, Tsentralny and Severny ore-dressing plants.

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Ilyich MMK plans to increase steel pouring capacities

The Mariupol metallurgical plant n.a. Ilyich (in the structure of Metinvest) faces a deficit of steel pouring capacities, the CEO of the plant, Y. Zinchenko, said.

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Metinvest forecast the growth of rolled products consumption in the Ukraine

Metinvest group expects the growth of steel rolled products consumption in the Ukraine in 2016 by 25-30% to 4.4 mln tons against 2015, t he head for marketing of Metinvest, R.

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Metinvest has increased payments by euro bonds

Metinvest has paid $6.187 mln of interest income by the restructured euro bonds with the settlement in 2016-2018, $3.149 mln of which was the payment determined by the growth of free cash balance w

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