Metalloinvest

Metalloinvest plans to invest 64 billion rubles in modernization of GOK by 2024

By 2024, Metalloinvest plans to invest 64 billion rubles in construction and modernization of production facilities of Lebedinsky (LGOK) and Mikhailovsky (MGOK) GOKs of the company, it follows from

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Metalloinvest announces a new credit line with banks for 300 million euros.

Loan term - 4.25 years with uniform quarterly depreciation after the grace period set at 3.75 years.

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Metalloinvest announces framework agreement for ECA financing

Metalloinvest (the "Company"), a leading global producer and supplier of iron ore products and hot briquetted iron, one of the regional producers of stainless steel, announces that it has

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Metalloinvest's net profit increased by 17.2% in the first half of the year

In the first six months of 2019, the net profit of Metalloinvest amounted to $1.02 billion, increased by 17.2% compared to the same period of the previous year, which is mainly due to the positive

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A new Shantui crawler bulldozer put into operation at Lebedinsky GOK

A modern, high-performance Shantui bulldozer arrived at the Lebedinsky GOK. The new equipment is already in operation at the tailings management facility.

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Sberbank ceases participation in Mikhailovsky GOK, part of Metalloinvest

The company Sberbank Investments Limited, registered in Cyprus, has sold a 10.00003% stake in Mikhailovsky GOK, which is part of Metalloinvest, it follows from the message of the mining and process

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In Q2 Metalloinvest's steel production grew by 5.1%

In April-June 2019, metallurgical enterprises of Metalloinvest smelted 1.246 million tons of steel.

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By results of 2019 Metalloinvest expects twofold growth of pellet exports - up to 6 million tons

Metalloinvest, a leading manufacturer and supplier of iron ore products in the global market, expects, following the results of 2019, a twofold increase in the export of pellets - from 3 million to

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Oskolsky electrometallurgical plant improves mill 350 productivity

A new complex was put into operation - a reduction and calibration unit (RCU)  - on the medium section of the mill 350 at the rolling shop number 2 of the Oskolsky electrometallurgical plant (

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Metalloinvest's net profit up by 29.6% in Q1

In the first quarter of 2019 the net profit of Metalloinvest under IFRS increased by 29.6% compared to the same period last year and amounted to $539 million, the company reported.

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