Steel

In Q2 2018, MMK’s dividends may be 1.589 rubles per share

The Board of Directors of MMK has recommended to the extraordinary meeting of shareholders, which will be held on September 28, 2018, to pay dividends for the second quarter of 2018 in the amount o

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In Q2 2018, Metalloinvest increased output of steel, pellets and iron ore

In the second quarter of 2018, Metalloinvest produced 10.1 million tons of iron ore, increased the output by 2.3% mainly due to increased productivity and calendar time, as it follows from the comp

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Russian Railways: loading of ferrous metals since the beginning of the year increased by 11%

According to the information of the Russian Railways, by the results of July 2018, loading on the railway network in the Russian Federation amounted to 107.6 million tons (in June - 107 million ton

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In H1 2018 the net profit of MMK increases by 25%.

In H1 2018 the net profit of Magnitogorsk Iron and Steel Works (MMK) under IFRS increased by 24.7% compared to the same period last year and amounted to 671 million dollars, the company informs.

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Eurasian Economic Commission protects Viktor Vekselberg from competitors

The Eurasian Economic Commission (EEC) may extend anti-dumping duties on graphitized electrodes of Indian companies with a 50% dumping margin for five years.

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MMK: in 2018, steel demand to improve by 2%

MMK Group, one of the largest steel companies in Russia, has reduced its forecast of demand growth for steel products this year to 2%.

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In H1, NLMK’s net profit grew by 63%

In the first six months of 2018, the net profit of NLMK Group increased by 63% compared to the same period last year to $1.83 billion, the company reported.

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Izhstal doubles export supplies

In the first six months of 2018, Izhstal (part of Mechel) shipped 31 thousand tons of metal products to foreign consumers, which is 2.2 times more than in the same period of the previous year.

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ChTPZ Group plans to increase its share on market of seamless pipes

Among the objectives of the ChTPZ Group is the reduction of production costs, a decrease of dependence in pipe billets on other steel companies, as well as increase in market share of seamless pipe

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Metalloinvest and ChTPZ Group to create joint center for development of innovative steel grades for LDP

Metalloinvest and the ChTPZ Group agreed to establish a joint scientific and engineering center.

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