Iron ore

Metalloinvest and ChTPZ Group discuss possibility to increase steel supply from Oskol electrometallurgical combine for pipes manufacture

Metalloinvest and ChTPZ Group have held a regular coordinating meeting. The meeting was held at the Oskol electrometallurgical plant (OEMK, part of Metalloinvest).

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Fire leaves Lebedinsky GOK without electricity

On Monday, because of the fire, electricity supply was disrupted at the Lebedinsky GOK’s substation, this was reported on the website of the situation analytical center of the Energy Ministry

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Novorossiysk Commercial Sea Port: in the first 7 months, growth in transshipment of ferrous metals was 6.3%

In January-July 2018, consolidated cargo turnover of the Novorossiysk Commercial Sea Port Group’s terminals amounted to 82.351 million tons, a decrease in the annual ratio made up 3.3%.

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Korshunovsky Mining Plant expands mining machinery fleet

The Korshunovsky GOK (part of the Mechel Group) put in operation two new BelAZ dump trucks with a payload capacity of 130 tons to further increase ore mining.

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Almost $70 mln earned by Kimkano-Sutarsky GOK on sale of iron ore concentrate in H1

Petropavlovsk-Ferrous metallurgy/IRC Ltd, managing Kimkano-Sutarsky GOK, has published its financial results for the first six months of the year.

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Loading of ferrous metal on Russian railways' networks grows by 10%

According to the Russian Railways' information, in August 2018, loading on the railway networks in Russia amounted to 108.4 million tons (in July – 107.6 million tons).

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Korshunovsky GOK sold 846 thousand tons of iron ore concentrate for half a year.

The sales volume decreased by 40% in comparison with the same period of the last year.

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Fitch confirms ratings at the level of BB, outlook changed to "positive"

The international rating agency Fitch has confirmed long-term issuer default ratings (IDR) in foreign and national currency of Metalloinvest at the level of BB.

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In H1, net profit of Metalloinvest grew by 48.7%

In the first six months of the year, the Metalloinvest's net profit made up $870 million, which is by 48.7% higher than in the same period of the previous year, as it follows from the company&#

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Stoilensky GOK buys new mining excavator

Stoilensky GOK (part of NLMK Group) has started work on a new 15-cubic meter excavator. It will ship ore onto railway box cars for transportation to processing plant.

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