Metal Supply and Sales Magazine, News of the russian metallurgical industry

Russian ferrous metallurgy news
| 15 Feb 2019 | 14:22

MMK Board of Directors Recommends Dividends For Q4 2018

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 dividend of RUB 1.398 (before taxes) per share for the fourth quarter of 2018 on MMK’s issued ordinary registered shares. The dividend will represent the total of approximately USD 239 mln at the current exchange rate, which equals to 100% of the Company’s FCF for Q4 2018. As a result,...
Russian non-ferrous metallurgy news
| 26 Dec 2018 | 12:27

RUSAL and the Ministry of Health of the Russian Federation announce completion of the vaccination against Ebola with a Russian vaccine

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 testing programme conducted in Guinea at the Scientific Diagnostic Centre for Epidemiology and Microbiology (SDCEM). The centre was an initiative of Oleg Deripaska’s and was built by RUSAL during the height of the Ebola epidemic in 2015. GamEvac-Combi vaccine...