Steel

Mechel predicts growth in coal production to 23-23.5 mln tons in 2018

Mechel has predicts an increase in coal production in 2018 to 23-23.5 million tons, general director of Mechel Oleg Korzhov said during a telephone conference of the company.

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In Q3, Mechel increased coal mining to 5.4 mln tons

In the third quarter of 2017, Mechel increased its coal production by 2% to 5.363 million tons, the company reports.

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Severstal to pay 29.8 bln rubles of dividends for the first 9 months

At the extraordinary general meeting on November 24 shareholders of Severstal approved dividends for the first nine months of 2017 in the amount of 35.61 rubles per ordinary share.

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Scheme of Russian energy industry development largely renovated

The Cabinet of Ministers of the Russian Federation has amended Russia's territorial energy planning scheme, which included large power plants for Amur gas processing plant and the Eastern Petro

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FAS approves MMK’s intention to buy metallurgical plant in Lysva

Lysva metallurgical plant (LMZ) can change the investor.

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Severstal increases sale of coating rolled metal by 13%

In the first 10 months of 2017, Severstal increased sales of rolled products with coatings by 13% compared to the same period last year to 912 thousand tons.

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USA introduces duty in the amount of 757% on wire rod from Russia

Metallurgical companies can get another trade barrier on the US market: the country's Trade Department has determined the final duties on steel wire rod from the Russian Federation in the amoun

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USA restricts import of wire rod from Belarus, UAE and Russia

The US Department of Commerce has published the final results of the anti-dumping investigation regarding wire rod made of carbon and alloy steel, manufactured by metallurgical enterprises of Belar

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Pervouralsk new pipe plant fills assortment of long-length stainless pipes

The Pervouralsk new pipe plant (ChTPZ Group) has started production of new products – long-length pipes made of chromium-nickel steel with a diameter of 20 mm, a wall thickness of 2 mm and a

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MMK concludes contracts on gas supplies with Gazprom

The Magnitogorsk metallurgical plant (MMK) has signed a gas supply contract with Gazprom Mezhregiongaz Kurgan. MMK reported this on November 20, 2017.

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