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  • 2019-02-15 14:22:03
    MMK Board of Directors Recommends Dividends For Q4 2018 ...
    PJSC Magnitogorsk Iron & Steel Works ("MMK" or "the Company”, ticker: MMK:LI) announces that on 8 February 2019 the Company’s Board of Directors recommended that the Annual General Meeting of shareholders approve a divid ...
  • 2019-02-15 14:20:05
    Severstal’s Izhora Pipe Mill to supply Gazprom with over 200 thousand tons of pipes ...
    Izhora Pipe Mill (IPM, part of PAO Severstal) has won several tenders to supply PAO Gazprom with over 200 thousand tons of large diameter pipes. The products will be used in the development of gas transmission capacities for the Unified Gas Supply Sys ...
  • 2019-02-15 14:18:39
    Moody’s upgrades NLMK Group’s long-term credit rating ...
    International rating agency Moody’s has upgraded NLMK Group’s long-term credit rating from Baa3 to Вaа2 with a stable outlook (both are investment grade). The decision follows a rating action to upgrade Russia’s sovereign rating whic ...
  • 2019-02-08 16:15:52
    MMK Group Financial Statements ...
    Q4 2018 highlights vs Q3 2018 The decrease in revenue for Q4 2018 was due to the fall in the average sale price of finished products against a backdrop of a seasonal decrease in sales of steel products. In Q4 2018, the cost of sales grew q-o-q ...
  • 2019-02-08 16:13:21
    Q4 and 12m 2018 NLMK Group consolidated financial results under IFRS ...
    NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 35% yoy to $3.6 bn in 2018. EBITDA margin hit a decade high at 30%. Free cash flow grew by 60% to $2.0 bn. 12M 2018 key highlights Group revenue in 12M 2018 tota ...
  • 2019-02-05 13:51:28
    Tenaris and Severstal to form joint venture to build a welded pipe plant in West Siberia ...
    Moscow, February 5, 2019 –Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) and PAO Severstal (MICEX-RTS: CHMF; LSE: SVST) announced today that they will create a joint venture to build a welded pipe plant to produce OCTG produ ...
  • 2019-02-05 11:43:12
    Fletcher Group consolidates service functions into Corporate Solutions Centre ...
    NLMK Group, an international steel company, has sold 100% of its stake in NLMK Accounting Centre to Fletcher Group Holdings Limited for a total of 23.9 million rubles. NLMK Accounting Centre will be used as a platform for setting up a single ser ...
  • 2019-02-05 11:41:45
    Severstal announces 2019 capital investment programme ...
    PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2019. In line with previous ann ...
  • 2019-02-05 11:39:32
    IMH operational results for FY 2018 ...
    Industrial Metallurgical Holding (IMH), one of the global leading suppliers of merchant pig iron and the biggest merchant coke producer in Russia, announces its operational results for FY 2018. In 2018, Tulachermet achieved record-high pig iron ...
  • 2019-02-05 11:37:35
    MMK's hot-rolled products Mill 2000 sets annual production record ...
    PJSC Magnitogorsk Iron and Steel Works’ (MMK) hot-rolled products Mill 2000 achieved its maximum annual production rate in 2018, for the second time since its launch, breaking the 6 million tonne mark for production of hot-rolled products. ...
  • 2019-01-25 14:57:54
    Izhora Pipe Mill to supply pipes for the European gas pipeline Poland–Slovakia Gas Interconnection ...
    Izhora Pipe Mill (IPM, part of PAO Severstal) is to produce and supply over 11 thousand tons of large diameter pipes for the Poland–Slovakia Gas Interconnection project, which will become part of the EU energy infrastructure priority corridor No ...
  • 2019-01-25 14:54:35
    Mechel Launches Steel Trade Online Store ...
    Mechel reports launching an online store to market the company’s rolls. Mechel Service OOO’s online store offers a wide range of rolls, including over 40,000 articles in 49 categories such as flat and section rolls, pipes, hot- and c ...
  • 2019-01-25 14:52:45
    TMK Announces FY 2018 Operational Results ...
    FY 2018 Highlights Total pipe shipments grew 6% year-on-year, to 4,010 thousand tonnes, mainly driven by higher seamless OCTG shipments at the Russian division and increased shipments of both seamless and welded OCTG pipe at the American divis ...
  • 2019-01-25 14:49:05
    MMK Group Trading Update for Q4 and FY 2018 ...
    Q4 2018 highlights vs. Q3 2018 MMK Group’s total sales of finished products in Q4 2018 totalled 2,936 thousand tonnes, down 3.8% quarter-on-quarter (q-o-q). MMK Group’s sales of HVA products in Q4 2018 were 1,349 thousand ton ...
  • 2019-01-18 14:30:20
    Severstal reports Q4 & FY2018 operational results ...
    PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrat¬¬ed steel and steel-related mining companies, today announces its operational results for Q4 and FY2018. Q4 2018 GROUP HIGHLIGHTS &bull ...
  • 2019-01-18 14:29:22
    Q4 2017 and 12M 2018 NLMK Group Trading update ...
    In 2018, NLMK Group sales grew to 17.6 m t, up 7% yoy. Steel output grew by 2% yoy to 17.5 m t. Steel capacity utilization rate was 99%. 12M 2018 highlights: Steel output increased by 2% yoy to 17.5 m t. Group sales grew by 7% yoy to ...
  • 2018-12-26 12:37:45
    MMK reaches new record resilience for steelmaking unit lining ...
    Magnitogorsk Iron and Steel Works (MMK) has achieved a new record indicator for the resilience of the refractory lining of the main arch of the two-hearth furnace (THF) at the electric steel smelting shop. Refractories, which face the internal surface ...
  • 2018-12-26 12:35:46
    Category Metalloinvest upgrades blast furnaces at Ural Steel ...
    Metalloinvest has commenced the technical re-equipping of blast furnaces #2 and #3 at Ural Steel. In order to be able to function with maximum efficiency for an extended period of time, the blast furnaces will be equipped with a cooling and lini ...
  • 2018-12-26 12:33:42
    NLMK to award scholarships to best MISIS students ...
    NLMK Group, an international steel company, will establish personalized scholarships for the best students of MISIS National University of Science and Technology, and grow the number of on-the-job trainees from the University at its sites. NLMK ...
  • 2018-12-26 12:27:30
    RUSAL and the Ministry of Health of the Russian Federation announce completion of the vaccination against Ebola with a Russian vaccine ...
    UC RUSAL together with the Ministry of Health of the Russian Federation, announced the completion of the vaccination against the Ebola virus in the Republic of Guinea. Two thousand people have received the GamEvac-Combi vaccines during the t ...