Steel

Severstal gets accounts of Metal-Group managing Yakovlevsky mine arrested

The Office of the Federal Bailiff Service in the Belgorod region has arrested funds in the accounts of Metal-Group, which mines ore at the Yakovlevsky mine, the report of Severstal says.

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In the first 9 months, Korshunovsky GOK increased its net profit 2.6 times due to growth in sale price

In January-September 2017, Korshunovsky GOK (Irkutsk region, part of the Mechel Group) increased its net profit under RAS 2.6 times compared to the same period in 2016 to 4.394 billion rubles, acco

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Since the beginning of the year, steel production in Kazakhstan grew by 8.7%

In January-September, 2017, the production of refined copper in Kazakhstan amounted to 0.311 million tons. The growth in the volumes in annual terms made up 2.9%.

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Evraz: in the first 9 months, steel production grew by 3.6%

In January-September 2017, consolidated steel production at the metallurgical plants of Evraz amounted to 10.497 million tons, steel products (gross) - 10.077 million tons.

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Severstal may pay dividends for Q3 in the amount of 35.61 rubles per share

The Severstal’s Board of Directors has recommended that shareholders pay dividends for the third quarter of 2017 in the amount of 35.61 rubles per share, the company reports.

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In Q3, Severstal’s net profit grew

In the third quarter of 2017, the Severstal's net profit increased to $297 million compared to the previous quarter, the company’s report on its financial results informs.

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Russian State Statistics Service: since the beginning pf the year, rolled metal production grew by 1.4%

In January-September of 2017, Russian metallurgical enterprises produced 38.8 million tons of cast iron (mirror and processed in pigs or other primary forms) that is by 0.2% less compared to the sa

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In January-September, Izhstal increased sale of products

In the first nine months of this year, Izhstal (part of Mechel) sold 320 thousand tons of metal products, which is by 13% more than in the same period last year.

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MMK aimed at quarterly payment of dividends

On October 16, 2017, the MMK’s Board of Directors decided to convene an extraordinary general meeting of MMK’s shareholders in absentia and approved an agenda of the extraordinary gener

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OMK supplies over 12 thousand of large-diameter pipes to Kazakhstan

United Metallurgical Company (OMK) has completed a complex supply of large-diameter pipes with anti-corrosion coating and piping connectors to Kazakhstan.

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