Metalloinvest

In Q1, 2018, Metalloinvest increased its net profit

In the first quarter, the net profit of Metalloinvest amounted to $416 million (+6.4% compared to the first quarter of 2017), as it follows from the company's report on financial results under

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Metalloinvest signs new credit agreement

Metalloinvest has announced signing of a long-term loan agreement with CREDIT AGRICOLE CIB under the guarantee of the export credit agency Euler Hermes Aktiengesellschaft (Germany).

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Metalloinvest and TMK sum up results of their cooperation and shape plan for the future

Metalloinvest and Pipe metallurgical company (TMK) have held a regular coordination council, at which they discussed results of cooperation over the two-year period and prospects for the further jo

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Metalloinvest expands the capacity for SBQ heat treatment

Metalloinvest will build a heat-treatment section for hot-rolled steel at the Oskol electrometallurical plant (OEMK).

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Trans-Baikal to create advanced development zone to support mining industry

According to the authorities of the region, additional preferences will allow accelerating the development of the region's main investment projects.

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In Q1 Metalloinvest reduces iron ore production by 2%

Metalloinvest produced 9.9 million tons of iron ore in Q1 2018, a 2% decrease was mainly due to a reduction in the calendar work time. This was reported by the company.

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Metalloinvest launches a complex to receive concentrate at Mikhailovsky GOK

Metalloinvest launched the concentrate receiving complex at the Mikhailovsky GOK into commercial operation.

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In 2017, Metalloinvest’s net profit under IAS grew by 22% to $1.4 bln

In 2017, the Metalloinvest’s net profit under IAS increased by 21.9% compared to 2016 to $1.4 billion, the company reports.

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Metalloinvest: in 2017 steel smelting grew by 2.1%

During the fourth quarter of 2017, Metalloinvest's enterprises produced 0.676 million tons of pig iron, the increase compared to the previous quarter made up 0.6%.

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Metalloinvest attracts $240 million loan from pool of banks

Metalloinvest attracted a $240 million loan from a pool of banks . Eight financial institutions from Europe and Russia took part in the deal, the company said.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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