Steel

Karelsky Okatysh introduces new technologies in the field of energy

Karelsky Okatysh (part of Severstal) introduces innovative technologies in the energy sector.

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In H1, net profit of ChTPZ grew 2.7 times

In the first six months of 2018, the net profit of ChTPZ Group under IAS increased 2.7 times compared to the same period of the previous year and amounted to 5.621 billion rubles, the company repor

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Severstal becomes the first Russian company that produces noiseless steel

A new type of vibration - and noise-absorbing steel has been presented by Severstal at the technical breakfast, which was organized by the public organization of the all-Russian society of inventor

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Mechel reports on sales in H1 2018

Mechel sold 3.52 million tons of coking coal concentrate in the first six months of this year. This is by 14% less than in the first six months of 2017.

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In H1, Mechel reduced coal production by 6% to 9.69 mln tons

In the first six months of 2018, Mechel reduced its coal production by 6% compared to the same period of the previous year to 9.69 million tons, the company reports.

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VTB to grant $1 bln to Mechel

In the third quarter, Mechel should complete refinancing of syndicated loans (PXF) to the amount of $1 billion, which became the subject of proceedings in the London arbitration court for claims of

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Kazakhmys increases gold production by 31%

In the first seven months of 2018, corporation Kazakhmys increased its gold production by 31%.

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Investments in new icebreakers for the Arctic may amount to 164 billion rubles until 2024

Investments into the construction of a new Arctic icebreaking fleet may amount to 163.8 billion rubles until 2024.

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In H1, Mechel’s net profit fell by 6% to 4.7 bln rubles

In the first six months of 2018, the net profit of Mechel under IAS decreased by 6% compared with the same period of the previous year and amounted to 4.69 billion rubles, the company reports.

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The modernization of the hot rolling mill continues at CherMK

Severstal has signed a contract for the supply of equipment for the reconstruction of the main drives of the finishing group of mill stands at the Cherepovets Metallurgical Combine (CherMK).

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