Metalloinvest

Moody’s increased rating of Metalloinvest to Ba1 with stable outlook

Metalloinvest has reported that international rating agency Moody's Investors Service (Moody's) upgraded the company's corporate rating to Ba1 with a stable outlook from Ba2/positive.

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In 2018, net profit of Metalloinvest grew by 17.1%

In 2018, the net profit of Metalloinvest under IAS increased by 17.1% in comparison with the previous year to $1.647 billion, the company reported.

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Nizhny Tagil pipe plant of Metalloinvest extends assortment of products

In February, Nizhny Tagil pipe plant of Metallinvest launched production of round electric welded pipe with a diameter of 168 mm.

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S&P raises Metalloinvest's rating to BB+

S&P Global Ratings has raised Metalloinvest's long-term credit ratings to BB+ due to debt reduction and strong performance. This was reported by the rating agency.

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In 2018, Metalloinvest increased production of main types of products

In 2018, steel production at enterprises of Metalloinvest amounted to 5.1 million tons, which is by 6.2% more than in 2017.

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BelAZ delivers three mine dump trucks to Russian Metalloinvest

BelAZ has delivered three new BELAZ-75309 with a capacity of 220 tons to Lebedinsky GOK (Gubkin, Belgorod region), which is part of the mining and metallurgical holding company Metalloinvest.

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Ural Steel: production of metal exceeds annual plan

In 2018 the metallurgical plant Ural Steel (an enterprise of the Metalloinvest company) overfulfilled the rolled stock production plan, producing more than 0.9 million tonnes of rolled metal.

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Metalloinvest modernizes blast furnaces at Ural Steel

The Metalloinvest company began technical re-equipment of blast furnaces No. 2 and No. 3 at Ural Steel.

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Oskol electrometallurgical plant improves quality of finished products

A new billet hydraulic descaling unit was put into operation at the rolling shop №2 of the Oskol electrometallurgical plant (OEMK, an enterprise of Metalloinvest).

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Metalloinvest increased its net profit in January-September 2018

In January-September this year, the net profit of Metalloinvest amounted to $1.245 billion, which is by 14.3% higher than the same indicator last year, as it follows from the company's report o

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