Steel

In Q1, Severstal’s net profit reduced by 7.2%

In the first quarter of 2019, the net profit of Severstal under IAS decreased by 7.2% compared to the same period last year and amounted to $428 million, as it follows from the company's statem

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Accident at ArcelotMittal Temirtau brings dawn statistics of Kazakh steel export to Russia

In January-February, according to customs statistics, imports of rolled steel and pipes from Kazakhstan to Russia amounted to 138 thousand tons.  This is by 44.5% less than the same level of t

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Last year, Ferrexpo of Konstantin Zhevago reduced its net profit by 15%

In 2018, mining company Ferrexpo with assets in the Ukraine made the net profit in the amount of $335.22 million, which is by 15% less than in 2017. It is reported by the Interfax-Ukraine.

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MMK invests more than 58 billion rubles in ecology over 18 years

The expenses of the Magnitogorsk Metallurgical Plant (MMK) on environmental activities in 2000–2018 exceeded 58 billion rubles including 9 billion rubles last year alone, the company’s

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NLMK may pay dividends for Q1 at the rate of 7.34 rubles per share

NLMK’s Board of Directors has recommended to shareholders of the company to approve at the extraordinary general meeting payment of dividends for ordinary shares on results of the first quart

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NLMK looks for suppliers of billets for its division in USA

The American division of NLMK is experiencing a shortage of slabs supplied from Russia. The reason for this was a protective duty of 25% on steel supplies, imposed by the US authorities.

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Russian State Statistics Service: in Q1, production of stainless steel fell by 6.2%

According to the Federal State Statistics Service, index of metallurgical production in March 2019 amounted to 93.6% compared to March 2018, on results of the first quarter – 102.1% of the sa

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In Q1, NLMK Group reduced steel production

In the first quarter of 2019, steel production at the metallurgical enterprises of NLMK Group amounted to 4.18 million tons.

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UGMK-Steel expands product range

2018 was quite positive for UGMK-Steel. "We produced over 1.1 million tons of steel, registering an increase in sales of rolled metal at both plants.

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Mechel to increase coke supply to Turkey

Mechel signed an agreement on the supply of metallurgical coke with the largest Turkish sugar producer, the company Kayseri Sugar.

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