Metalloinvest

OMK stops open-hearth furnace at Vyksa Steel Works

The Vyksa Steel Works (Nizhny Novgorod region, part of OMK) plans to shut down the open-hearth furnace in the first quarter of 2018, local media reported.

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In H1, Metalloinvest’ net profit grew by 36.7%

In the first six months of the year, Metalloinvest increased its net profit by 36.7% to $585 million compared to the same period of the previous year, as it follows from the company's financial

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Metalloinvest concludes long-term contract with Severstal on supply of iron ore concentrate

Metalloinvest and Severstal has signed a new long-term contract for the supply of iron ore concentrate in the amount of 1.8 million tons, valid until June 30, 2018.

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Metalloinvest to allocate almost 20 mln rubles for dividends for H1

Metalloinvest will allocate 19.995 million rubles to pay dividends for the first six months of the current year, the company reports.

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Metalloinvest concludes long-term contracts with EVRAZ for supply of iron ore products

On August 7 Metalloinvest and EVRAZ signed new long-term contracts for the supply of iron ore and pellets in the volume of 3.4 million tons.

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InQ2, Metalloinvest increased production of hot-briquetted iron/ direct-reduced iron by 24.6%

In the second quarter of this year, Metalloinvest produced 10.1 million tons of iron ore, which corresponds to the level of the previous quarter.

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Metalloinvest expands interaction with ChTPZ group.

At the JSC "Ural Steel" (part of Metalloinvest), a Coordination Council was held with the ChTPZ Group.

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S&P confirms Metalloinvest's rating, outlook stable

The international rating agency S&P Global Ratings has confirmed the long-term corporate credit rating of Metalloinvest at BB with a stable outlook.

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Metalloinvest to sell its share in Norilsk Nickel

Metalloinvest Cyprus Ltd., a part of the Metalloinvest group, intends to sell 28.38 million ADR (American depositary receipts) of Norilsk Nickel within the accelerated bookbuilding procedure, which

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Net profit of Metalloinvest grew by 2.2 times to $391 mln in Q1 2017

In Q1 2017 Metalloinvest made a net profit of $391 mln, the company reports. Compare with Q1 2016 the net profit grew by 2.2 times.

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