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Anastasia Lyrchikova

Russia's Severstal says steel exports offset domestic demand drop

Jun 16 2020

MOSCOW Russian steel producer Severstal expects domestic demand to fall by 5%-7% in 2020 compared to 2019 as a result of the coronavirus outbreak, but says increased exports have allowed it to keep producing to capacity.

Severstal says 'no' to Europe as Thyssenkrupp's options narrow

Jun 12 2020

MOSCOW/FRANKFURT/DUESSELDORF Russian steelmaker Severstal has no plans to get involved in industry consolidation in Europe, its finance chief said, effectively narrowing a list of potential partners for Germany's Thyssenkrupp .

Rusal's customers return with 20-30% of usual aluminium demand

Jun 01 2020

MOSCOW, June 1 Aluminium producer Rusal is seeing customers returning with 20-30% of their usual demand after a slump in April caused by fallout from the new coronavirus outbreak, Roman Andryushin, its head of sales and marketing, told Reuters.

Tourist trade in annexed Crimea on brink as coronavirus bites

May 21 2020

MOSCOW Crimean hostel owner Natalia Kirichenko has given up hope of hosting guests this summer as the coronavirus outbreak threatens to ruin the economy of the tourism-dependent region that Russia annexed from Ukraine in 2014.

Russian grid firm Rosseti weighs coronavirus hit to investment, finances - document

May 15 2020

MOSCOW, May 15 Russian power grid operator Rosseti could have to cut investments and seek financial support in worst-case assessments made last month of the impact of the coronavirus pandemic, according to three sources and a company presentation seen by Reuters.

Russia overtakes China with coronavirus cases at 87,000

Apr 27 2020

MOSCOW Russia overtook China in the number of confirmed coronavirus cases on Monday, when its tally climbed above 87,000, as pressure rose on the government to consider easing lockdown restrictions for businesses to help shore up the rattled economy.

Russian power stations face servicing delays due to coronavirus

Apr 17 2020

MOSCOW Some Russian thermal power plants are moving to halt or delay maintenance as the coronavirus crisis has prevented them from bringing in foreign specialists, and they face problems with supplies of imported and Russian-made spare parts.

UPDATE 2-As coronavirus spreads, Rusal puts brakes on Nornickel's palladium JV

Mar 20 2020

* Nornickel mulls palladium off-take deal with ex-partner (Adds Rusal comment)

From using drones to stockpiling cyanide, miners keep digging amid pandemic

Mar 18 2020

MOSCOW/LONDON/MELBOURNE From using drones for field inspections to stockpiling cyanide, miners are scrambling to maintain output amid the coronavirus pandemic, a task made trickier in underground mines where social distancing is nearly impossible.

Russia to keep oil flowing by extending Arctic shifts

Mar 18 2020

MOSCOW, March 18 Russian oil and gas workers in the Arctic Yamal peninsula could see their shifts extended by months to shield the energy industry and its employees from the spread of coronavirus.

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