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Moody's: Russian steelmakers' earnings to rise as GDP recovery fuels domestic steel demand

Moody's expects an upsurge in the earnings of Russian steelmakers on the back of the country’s economic uplift. "Recovering demand for steel in Russia on the back of GDP growth and declining mortgage rates will buoy steelmakers' earnings in 2018-2019," the raging agency said in a report "Steel ...

Modified: 13.07.2018
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News Feed US introduces tariffs on steel, aluminum imports from key allies

The US government will add a 25-percent tariff on steel and 10-percent on aluminum imports from the European Union, Canada and Mexico. US Commerce Secretary Wilbur Ross announced the decision during a special conference call on Thursday. The official was visiting Paris to meet with EU leaders, who ...

Modified: 01.06.2018
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MECHEL

Mechel, founded in 2003, is one of the world's leading mining and metals companies. Mechel is comprised of more than 20 production enterprises, producing coal, iron ore, steel, rolled products, ferroalloys, heat and electric power. All of the Group’s enterprises work within a single production chain – from raw materials to high value-added products. The holding also owns three trade ports, transport operators ...

Modified: 22.02.2018
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