Steel

OMK may suspend operation of a number of its production lines

United Metallurgical Company (OMK) implements a set of measures at its enterprises to reduce the risk of infection of employees and partners with i

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Metalloinvest to pay dividends for 2019

Metalloinvest has declared dividends in the total amount of 78.5 billion rubles.

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Korshunovsky GOK increased production volume in February

In February 2020, Korshunovsky GOK (part of Mechel group) showed an increase in production indicators relative to the same period of the previous y

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Russian steelmakers reduce their investment programs

NLMK was the first Russian steel company that announced a review of its investment plans due to the effects of the coronavirus.

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Despite 2.3 billion hryvnias of loss in 2019, ArcelorMittal Kryvoy Rog to continue to pay record dividends

In 2019, the net income of the mining and metallurgical enterprise ArcelorMittal Kryvoy Rog decreased to 62.4 billion hryvnias from 68 billion hryv

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New pipe testing technology to be applied at Pervouralsky new pipe plant

Pervouralsky new pipe plant (enterprise of ChTPZ group) has introduced a new technology for testing seamless pipes using machine vision technology.

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MMK approves new energy policy

By order of general director P. V.

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MMK to reduce production and is preparing to increase exports of rolled products

According to MMK group's expectations, prices for steel products on the Russian market will strive for export parity in the next 2-3 months.

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Mechel made net profit of 2 billion rubles in 2019

In 2019, the Mechel's revenue amounted to 14.4 billion rubles, which is by 18% more than in 2018.

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ArcelorMittal Krivoy Rog reduces level of its production due to virus

ArcelorMittal Krivoy Rog is strengthening security measures in connection with the spread of coronavirus and taking the necessary steps to ensure u

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