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Evraz Group
EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LSE) has been suspended since March 2022 because of sanctions over the 2022 Russian invasion of Ukraine. As of January 2024 the shares remained suspended. History The company was founded as a small metal-trading business in 1992. On 2 June 2005 Evraz Group floated some 8.3 percent of its shares in the form of GDR in London.EVRAZ Raises $422M in soft London IPO St Petersburg Times, 3 June 2005 The company was priced at $14.50 per GDR implying an equity value of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholders' Equity
In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. When liabilities attached to an asset exceed its value, the difference is called a deficit and the asset is informally said to be "underwater" or "upside-down". In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nizhny Tagil
Nizhny Tagil ( rus, Нижний Тагил, p=ˈnʲiʐnʲɪj tɐˈgʲil) is a classification of inhabited localities in Russia, city in Sverdlovsk Oblast, Russia, located east of the Boundaries between the continents#Asia and Europe, boundary between Asia and Europe. Demographics History The history of Nizhny Tagil dates back to the mid-16th century, when the Stroganovs received the right to possess land by the Kama (river), Kama and Chusovaya basins. In 1579 they founded the first settlement, the Utkin sloboda (settlement), sloboda, by the river Utka, the mouth of Chusoya. Fateyevo, the first Russian village in the Tagil region, was founded in 1665. In 1696, by the order of Tsar Peter the Great, the Vysokogorsky iron ore quarry was opened. Voevode Dmitry Protasyev was elected to search for iron and magnetic ores. The deposits were particularly rich, and included lodes of pure magnetic iron. The surrounding landscape provided everything needed for a successful and product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NTMK
OJSC Nizhniy Tagil Iron and Steel Works (, Nizhnetagilsky Metallurgichecky Kombinat) is a Russian steel manufacturer. It is part of the Evraz Group. Its name is abbreviated as NTMK () or Nikom and NTMK is listed in RTS Index. History The company is located in the Ural Mountains, in the city of Nizhniy Tagil, in Sverdlovsk Oblast. The city has been a steel-making center for centuries, and the company's website boasts a long historical association with the industry. Large-scale steel manufacture began in 1725, at the end of the reign of Peter the Great. At this time in the town's history, half of the output was exported to England. In 1992 NTMK underwent privatization and was organized into a joint-stock company. Operational details The city is convenient to the Yekaterinburg - Perm railway and through the Kama River to the Volga River. The orestock in the Nizhniy Tagil region is vanadium-rich. The company has pioneered the blast oxygen process of steelmaking and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Интерфакс
Interfax () is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station ' Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strengthened by its coverage of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nucor
Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. Current operations To supply its mills, Nucor uses electric arc furnaces and continuous casting to melt scrap steel as opposed to blast furnaces to melt iron. In 2024, the company produced and sold approximately 18.5 million tons of steel and recycled 18 million tons of scrap. None of Nucor's mills is unionized and the corporate culture is opposed to trade unions. History After REO Motor Car Company, founded by Ransom E. Olds, sold its operations and initiated liquidation proceedings, a group of dissident activist shareholders, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers, and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms. Like its predecessor the FSA, the FCA is structured as a company limited by guarantee.Goldsworth, J., ''Lexicon of Trust & Foundation Practice'' ( Wendens Ambo: Mulberry House Press, 2016)p. 140 The FCA works alongside the Prudential Regulation Authority and the Financial Policy Committee to set regulatory requirements for the financial sector. The FCA is responsible for the conduct of around 58,000 businesses which employ 2.2 million people and contribute around £65.6 billion in annual tax revenue to the economy in the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Sanctions During The Russo-Ukrainian War
International sanctions have been imposed against Russia and Crimea during the Russo-Ukrainian War by a large number of countries, including the United States, Canada, the European Union, and international organisations following the Russian annexation of Crimea, which began in late February 2014. Belarus has also been sanctioned for its cooperation with and assistance to Russian armed forces. The sanctions were imposed against individuals, businesses, and officials from Russia and Ukraine. Russia responded with sanctions against several countries, including a total ban on food imports from Australia, Canada, Norway, Japan, the United States, the EU and the United Kingdom. The sanctions contributed to the value's reduction of the Russian ruble and worsened the economic impact of the 2022 Russian invasion of Ukraine. They also caused economic damage to the EU economy, with total losses estimated at €100 billion (). , Russia's finance minister announced that the sancti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regina, SK
Regina ( ) is the capital city of the Canadian province of Saskatchewan. The city is the second-largest in the province, and is a commercial centre for southern Saskatchewan. As of the 2021 census, Regina had a city population of 226,404, and a metropolitan area population of 249,217. It is governed by Regina City Council. The city is surrounded by the Rural Municipality of Sherwood No. 159. Regina was previously the seat of government of the North-West Territories, of which the current provinces of Saskatchewan and Alberta originally formed part, and of the District of Assiniboia. The site was previously called Wascana (from "Buffalo Bones"), but was renamed to ''Regina'' (Latin for "Queen") in 1882 in honour of Queen Victoria. The name was proposed by Queen Victoria's daughter Princess Louise, who was the wife of the Governor General of Canada, the Marquess of Lorne. Unlike other planned cities in the Canadian West, on its treeless flat plain Regina has few topographic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pueblo, CO
Pueblo ( ) is a home rule municipality that is the county seat of and the most populous municipality in Pueblo County, Colorado, United States. The city population was 111,876 at the 2020 United States census, making Pueblo the ninth most populous city in Colorado. Pueblo is the principal city of the Pueblo, CO Metropolitan Statistical Area and a major city of the Front Range Urban Corridor. Pueblo is situated at the confluence of the Arkansas River and Fountain Creek, south of the Colorado State Capitol in Denver. The area is considered semi-arid desert land, with approximately of precipitation annually. With its location in the " Banana Belt", Pueblo tends to get less snow than the other major cities in Colorado. Pueblo is one of the largest steel-producing cities in the United States, for which reason Pueblo is referred to as the " Steel City". The city is also a hub of higher education, enrolling nearly 14,000 students between Colorado State University Pueblo and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Arc Furnaces
An electric arc furnace (EAF) is a furnace that heats material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one-tonne capacity (used in foundries for producing cast iron products) up to about 400-tonne units used for secondary steelmaking. Arc furnaces used in research laboratories and by dentists may have a capacity of only a few dozen grams. Industrial electric arc furnace temperatures can reach , while laboratory units can exceed . In electric arc furnaces, the material inside the furnace (referred to as a charge) is directly exposed to an electric arc, and the current from the electrode terminals passes through the charge material. Arc furnaces differ from induction furnaces, which use eddy currents to heat the charge. History In the 19th century, a number of people had employed an electric arc to melt iron. Sir Humphry Davy conducted an experimental demonstration in 1810; welding was investigated by Pepys in 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
