Steel

Severstal attracts loan for 27.8 bln rubles from Sberbank

Severstal has entered into an agreement with Sberbank to open a revolving credit line to the amount of 27.8 billion rubles, Severstal reports.

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NLMK plans to increase capacities for production of galvanized rolled metal by 28% in the next 5 years

NLMK has planned to increase its capacity for galvanized rolled metal production by 28% to 1.7 million tons in the next five years due to the commissioning of a new hot-dip galvanizing unit (ANGTS-

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In January-September, import of ferrous metals significantly grew

In January-September of 2017, the Russian Federation significantly increased imports of metallurgical products.

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In the first 9 months, import of flat rolled metal from the CIS grew by 45.9%, pipes – by 36.8%

During January-September, 2017, the share of metals and products from them in the commodity structure of the Russian import from the non-CIS countries amounted to 5.8% (in January-September 2016 -

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Goldman Sachs buys Severstal’s shares from Mordashov’s structure for 885.35 rubles a share

US bank Goldman Sachs has bought a 2.1% stake (or just over 18 million) of Severstal in the form of shares and global depositary receipts (1 GDR equals 1 share) from the company Pearlgreen Limited,

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In the first 9 months, MMK’s profit under IAS fell by 10%

In the first 9 months of 2017, the proceeds of MMK under IAS increased by 37.2% compared to the level of the previous year.

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Chelyabinsk metallurgical plant supplies rails to Kazakhstan

Chelyabinsk metallurgical plant (part of Mechel) has started deliveries of rail products for the largest operator of Kazakhstan's main railway network.

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Alexei Mordashov sells 2% of Severstal

The main shareholder of Severstal Alexei Mordashov is going to sell 2.1% of the company, which are worth $276 million on the market.

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Severstal increases supplies to Russian machine-building companies

In the first nine months of 2017, Severstal supplied about 414 thousand tons of rolled metal to Russian machine-building companies.

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On results of the year, growth in Russian metallurgical sector estimated at 0.4%

According to the Economic Development Department of the Russian Ministry of Economic Development, in September 2017, the index of metallurgical production grew by 0.5% year-on-year, but in comparis

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