NLMK Board of Directors reccomends dividents for Q1 2017Fri, 28 Apr 2017 00:00:00 GMT
At a meeting held on 28 April 2017, NLMK Groups (LSE:NLMK) Board of Directors recommended the Companys shareholders approve payment of Q117 dividends at the upcoming Annual General Shareholder Meeting (AGM) which will be held on 2 June 2017.
NLMK Board approves AGM agendaFri, 28 Apr 2017 00:00:00 GMT
The Board of Directors of NLMK Group, an international steel company with operations in Russia, the EU and the USA, held a meeting on 28 April 2017 during which the agenda for the Annual General Shareholder Meeting (AGM), which will be held on 2 June 2017, was approved.
NLMK launches pre-painted steel with improved decorative propertiesWed, 26 Apr 2017 00:00:00 GMT
NLMK Group has brought a new multi-layered pre-painted steel to the Russian market. The multi-layered polymer coating is more robust and attractive thanks to its lacquer finish.
Global steel demand likely to slow down next yearMon, 24 Apr 2017 17:13:00 GMT
We expect that Russian Federation and Brazil will finally move out of their recessions. The association said China's steel demand would decelerate as the government tried to retighten its real estate policies, with the country's demand expected to remain ...
Global steel demand to grow to 1535 MT in 2017: WorldsteelMon, 24 Apr 2017 10:40:00 GMT
The steel industry, worth about $900 billion a year, is seen as a gauge of the world's economic health. We expect Russian Federation and Brazil will finally move out of their recessions. After the demonetization shock, the Indian economy is expected to ...
Forecast Sees Growing Uncertainty Shaping Global Steel DemandSun, 23 Apr 2017 22:22:00 GMT
We expect that Russia and Brazil will finally move out of their recessions. However, China, which accounts for 45% of global steel demand, is expected to return to a more subdued growth rate after its recent short uplift. For this reason, overall growth ...
Local steelworkers, lawmakers hopeful for Trumps steel planSun, 23 Apr 2017 19:14:00 GMT
The U.S. imports steel from more than 90 countries, according to the International Trade Administration. Top providers include Canada, Mexico, Russia, Brazil, Turkey and Germany.
Global Steel Demand Is Forecast to Grow More Than ExpectedFri, 21 Apr 2017 10:28:00 GMT
Global steel demand will grow more than previously forecast in 2017 due to a recovery in developed economies and accelerating growth in emerging and developing markets, especially Russia, Brazil and India, an industry body said on Friday. Demand is on ...
BHP Billiton, Rio Tinto at risk in Donald Trump's steel crackdownThu, 20 Apr 2017 14:43:00 GMT
Certain steel imports from Brazil, India, Japan, Korea, Russia and the United Kingdom were hit by smaller tariffs of between 4 per cent and 71 per cent by the Obama administration. President George W. Bush imposed tariffs of up to 30 per cent on a range of ...
China on notice as Donald Trump launches probe into security ...Thu, 20 Apr 2017 11:41:00 GMT
At present, the US imports steel from over 90 countries, including Canada, Mexico, Russia, Brazil, Turkey and Germany. According to the Associated Press, since signing the memo, President Trump has said the investigation into steel imports has nothing to ...
Trump to explore national security implications of steel importsThu, 20 Apr 2017 10:13:00 GMT
The US imports steel from over 90 countries, according to the International Trade Administration. Top providers include Canada, Mexico, Russia, Brazil, Turkey and Germany. The US has maintained a longstanding trade deficit in steel products, though the ITA ...
Metalloinvest builds high-tech facility at Ural SteelThu, 20 Apr 2017 00:00:00 GMT
At Ural Steel, part of Metalloinvest, the Roller Treatment Furnace #1 and Heat Treatment Machine #1 omplex is undergoing construction. Currently, design and surveying work is ongoing. 1.5 billion roubles have been invested in the project, which is planned to be completed in 2018. The project entails the installation of new high-performance equipment for Roller Treatment Furnace #1 and Heat Treatment Machine #1 in their sheet-rolling facility. The implementation of the project will enable the...
Play The Chinese Steel Cycle With ArcelorMittalWed, 19 Apr 2017 03:24:00 GMT
The steel sector is plagued by price swings that are to a great ... An additional AD investigation on imports of HRC from five additional countries (Brazil, Iran, Ukraine, Russia and Serbia) is ongoing as is the AS investigation for HRC imports from ...
STEEL WEEK IN BRIEF: Iron ore prices plunge, Chinese steel export ...Fri, 14 Apr 2017 12:35:00 GMT
European steelmakers are targeting higher prices for finished long steel products. The European Commission (EC) has decided to not impose preliminary duties on imports of HRC from Brazil, Iran, Russia, Serbia and Ukraine. Russian steelmaker Severstal has ...
EU hits China with new anti-dumping duties on steel imports ...Thu, 13 Apr 2017 01:17:00 GMT
However, capacity rose last year. Beijing has said steel overcapacity is not only a Chinese concern but a global one. The Commission said a similar investigation into Brazil, Iran, Russia, Serbia, and Ukraine is still in process and would continue for six ...
Fitch affirmed Metalloinvest rating with a stable outlookThu, 13 Apr 2017 00:00:00 GMT
Metalloinvest has announced that Fitch Ratings (Fitch) confirmed the Companys long-term issuer default rating at BB with a Stable outlook. In accordance with Fitchs opinion reflected in the published release, Metalloinvest demonstrated financial resilience at times of volatile global pricing in iron ore and steel products and consistently reduced its absolute level of debt over the past four years. Fitchs analysts also noticed Metalloinvest's top-three pellet and leading merchant hot bri...
India confirms steel antidumping dutiesTue, 11 Apr 2017 20:06:00 GMT
India has recommended antidumping duties for five years on imports of hot-rolled and cold-rolled steel products from seven nations ... said the products have been exported from Brazil, Russia, Ukraine, Indonesia, China, Japan and South Korea at below ...
EC Spokesman: No Anti-Dumping Duties on IranTue, 11 Apr 2017 16:00:00 GMT
The commission decided not to impose provisional duties on hot rolled flat steel products from Brazil, Iran, Russia, Serbia and Ukraine, the spokesman said. The EC was expected to set preliminary anti-dumping duties on HRC from the five countries on ...
Russia: RTZ-Ural output up in Q1 2017Tue, 11 Apr 2017 09:17:00 GMT
Ryazan Pipe Works is developing manufacture at its RTZ-Ural site in the Republic of Bashkiria. The Bashkiria plant has been working for 6 years and in January-March produced 10.5 thousand tons of electric-welding pipes, up by 30% YoY. In March the plant shipped 3 thousand tons of pipes to customers. (Ukrainian metal)
Anti-dumping duty likely on some hot, cold rolled steel itemsMon, 10 Apr 2017 13:25:00 GMT
In separate investigations, the Directorate General of Anti-dumping and Allied Duties (DGAD) has recommended anti-dumping duties on 'hot-rolled flat products of alloy or non-alloy steel' from China, Japan, Korea, Russia, Brazil and Indonesia. It has also ...
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