Steel

TMK chooses company of VTB Group for buyback program for up to $30 mln

Pipe metallurgical company (TMK) will involve VTB Capital Broker in implementation of a program of shares buyback, the metallurgical company reports.

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Since the beginning of the year, rolled metal production in Russia grew by 2.8%, pipes – by 6.8%

In January-August 2018, Russian metallurgical enterprises produced 41.3 million tons of finished steel, which is by 2.8% more than in the same period of the previous year.

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Ukraine plans to increase production of steel and rolled metal in October

In August 2018, according to the updated data of the association Ukrmetallurgprom, metallurgical enterprises of the Ukraine produced 1.79 million tons of steel.

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Metallurgical companies of Kazakhstan reduced steel production in August

According to the Statistics Committee of the Ministry of National Economy of Kazakhstan, in August 2018, steel production in Kazakhstan made up 0.374 million tons (in July – 0.367 million ton

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Yakutugol modernizes the equipment of the concentrating factory

Yakutugol (part of Mechel) is putting in operation new equipment at the Neryungrinskaya concentrator. The company acquired a separator and slurry pumps for pumping slurries during coal enrichment.

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Severstal completes a number of repairs within its autumn programme

Severstal completed overhauls in several major production divisions of CherMK.

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TMK’s Board of Directors approves program of shares purchase

Pipe metallurgical company has announced that its Board of Directors at the meeting, held on September 10, 2018, approved the program of acquisition of the company's shares on the open market (

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Evraz to increase capital investment after debt reduction.

(Bloomberg) - The Russian steel company Evraz Plc, the largest shareholder of which is billionaire Roman Abramovich, for the first time in many years plans to increase capital investment after debt

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Federal Customs Service of Russia: In the first 7 months, export of flat products fell by 10.5%

During January-July 2018, exports of ferrous metals (72nd group) from Russia amounted to 27.452 million tons.

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Federal Customs Service of Russia: in the first 7 months, import of steel pipes fell by 31.7%

In January-July 2018, 4.447 million tons of ferrous metals (72nd group of the Foreign Economic Activity Commodity Nomenclature) were imported the territory of Russia.

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