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

Russian ferrous metallurgy news
| 28 Jul 2016 | 06:00

TMK expanded its share in the Russian market

TMK expanded its share in the Russian market In 1H 2016, despite the shrinking size of the Russian pipe market, TMK increased its market share. The Russian division shipped 1,497 thousand tonnes of pipe, down 1.6% y-o-y. Seamless pipe shipments were up 4.7% to 961 thousand tonnes. OCTG shipments grew by 9.1%, as drilling activity continued to rise in Russia. In 1H 2016, TMK shipped 536 thousand tonnes of welded pipe, down 11.1% y-o-y. Welded line pipe shipments fell by 10.9%. LDP shipments decreased by 19.8%, due to lower volumes of pipe...

Metalloinvest | 27 Jul 2016 | 06:00
Metallinvest optimizes loan portfolio

MMK Group | 26 Jul 2016 | 17:00
Record-setting icebreaker made from MMK steel is laid down

Metalloinvest | 22 Jul 2016 | 12:30
Metalloinvest redeemed eurobonds for $750 mln

MMK Group | 19 Jul 2016 | 15:00
MMK repays debt of MMK Metalurji in full

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Russian non-ferrous metallurgy news
| 21 Jul 2016 | 15:00

Nornickel sold stake in the Bystrinsky project

Nornickel sold stake in the Bystrinsky project Highland Fund (Investor), a consortium established by prominent Chinese investment funds and corporations, made payment for a share in the joint venture set up together with the Norilsk Nickel to develop Bystrinsky project in compliance with the signed agreement. The payment has been made after the Russian Government Commission on Monitoring Foreign Investment had approved acquisition of stake in the project by the Investor. Transaction proceeds will be used for project development purposes.