Steel

Chelyabinsk metallurgical plant supplies rails to Kazakhstan

Chelyabinsk metallurgical plant (part of Mechel) has started deliveries of rail products for the largest operator of Kazakhstan's main railway network.

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Alexei Mordashov sells 2% of Severstal

The main shareholder of Severstal Alexei Mordashov is going to sell 2.1% of the company, which are worth $276 million on the market.

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Severstal increases supplies to Russian machine-building companies

In the first nine months of 2017, Severstal supplied about 414 thousand tons of rolled metal to Russian machine-building companies.

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On results of the year, growth in Russian metallurgical sector estimated at 0.4%

According to the Economic Development Department of the Russian Ministry of Economic Development, in September 2017, the index of metallurgical production grew by 0.5% year-on-year, but in comparis

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Metinvest: Steel production fell by 10% in the first 3 quarters

During January-September of 2017, metallurgical enterprises of the Metinvest Group produced 5.725 million tons of steel. The reduction in volumes in the annual ratio is 10%.

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In 2018, Severstal plans to increase its EBITDA by $350 mln

In 2018, Severstal plans to increase EBITDA by $350 million, the company's CEO Alexander Shevelev said during Severstal's presentation for Investor Day.

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In the 10 months, the Ukraine reduced steel production by 13%, rolled metal – by 15%

According to the preliminary assessment of the association Ukrmetallurgprom, in January-October 2017 Ukrainian metallurgical enterprises smelted 17.66 million tons of steel and produced 15.18 milli

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Mechel signs a long-term contract for the supply of coal from the Japanese ITOCHU Corporation.

In accordance with the agreement, within a year Mechel will send "Itochu Corporation" up to 300 thousand tons of enriched steam coal from the "Olzherasskaya-Novaya" mine to the

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Chinese investors want to create metallurgical cluster in the Far East

Debang Guangdong (part of Hebei Luanhe Group) has initiated the creation of a metallurgical cluster in the Far East.

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In Q3, Metalloinvest increased pellets output

In the third quarter of this year, Metalloivest increased its pellet production by 0.9% to 6.3 million tons compared to the previous quarter, the company's press centre reports.

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