Steel

OMK increases volume of production of high-pressure pipeline valves 7 times

The Blagoveshchensk steel reinforcing mill (BAZ, part of OMK) has significantly increased production of high-pressure and large-diameter pipeline valves.

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NLMK group attracts debt linked to sustainable development indicators

NLMK group has announced a change in terms of the current revolving credit line in the amount of 250 million euro.

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Mechel refuses share in Elga. Now it can be purchased by founders of Yota

Igor Zyuzin's Mechel has refused preemption right to buy out its share in the Elginsky coal project, which was sold to a bank in 2016.

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Fitch confirms ratings of Alrosa and Evraz, but deteriorates rating of UC Rusal

Fitch has confirmed Alrosa’s long-term issuer default rating at the level of BBB -. This was reported by the agency. The outlook for the rating is "stable".

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Ukraine reduces production of steel and cast iron, increasing production of iron ore

In 2019, the metallurgical enterprises of the Ukraine reduced steel production by 1% compared to 2018 to 20.848 million tons.

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ArcelorMittal Krivoy Rog increases production of steel and rolled products

During 2019, ArcelorMittal Krivoy Rog metallurgical plant produced 5.3 million tons of steel. The growth of volumes in annual comparison is 11.8%, the Interfax reports.

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Russia's largest steel company's reduce production in 2019

The largest Russian metallurgical companies NLMK, MMK and Severstal reduced steel production in 2019 due to weak demand in foreign markets, which was not fully offset by an increase in metal consum

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Investments in implementation of major projects in the Russian metallurgical industry exceed 500 billion rubles

According to the study "470 Largest investment projects", prepared by INFOLine’s specialists, one of the most investment-active industries remains metallurgy - more than 25 projects

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Severstal: in 2019, share of sales on the Russian market increased to 65%

During 2019, metallurgical company Severstal reduced steel production by 2% to 11.85 million tons.

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In 2019, Viktor Pinchuk’s Interpipe reduced production of steel by 4.2%, pipes - by 13.3%

In 2019, international vertically integrated pipe and wheel company Interpipe reduced steel production by 4.2% compared to the previous year to 854.5 thousand tons, including 57.1 thousand tons pro

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