Metal Supply and Sales Magazine  

Metallurgy news. January

NLMK trading update for Q4 2011


NLMK  
NLMK Group’s steel production in Q4 2011 amounted to 3.2 million tonnes (+9.6% quarter-on-quarter). The Group’s steelmaking facilities were running at about 91% (97% at the Lipetsk production site; 56% at the Long Products Division; and 74% at NLMK’s international divisions, including 71% at NLMK Indiana and 79% at NLMK Verona). Blast Furnace #7 (BF-7) utilization rates at Novolipetsk (NLMK’s main production site in Lipetsk) continued to increase as planned. As ...
31.01.2012, Tuesday, 10:16  


Metal-Expo’2012: November is on the doorstep


Metal-Expo   MetallStroyForum   MetallurgMash   MetallTransLogistik  
Right after the end of the New Year and Christmas holidays Metal-Expo Management began arranging exposition of Metal-Expo’2012 International Industrial Exhibition . Metal-Expo Management expects more than 700 companies from 35 countries to participate this year. Already in October – December 2011 leading Russian and international steel-making and machine-building companies applied for space in Halls 69 and 75, The All-Russia Exhibition Center where a complex of ...
31.01.2012, Tuesday, 10:02  


OMZ signs a contract on delivery of oil processing equipment to Novokuybishevskiy refinery


OMZ  
OMZ concluded a contract to supply equipment for Novokuybishevskiy oil refinery, which enters Rosneft. In the framework of the contract Izhorskie Zavody, part of OMZ Group, will produce heavy reactor equipment for combined plant, which is under construction at refinery Novokuibyshevskiy hydrocracking complex. The reactor vessel will be made of forged shells with internal cladding corrosion. Basic material is SA-336Gr.F22V steel. Surfacing will be made from 347SS steel. The ...
30.01.2012, Monday, 10:21  


Moody's upgrades EVRAZ to Ba3, stable outlook


Evraz Group  
EVRAZ welcome the upgrade by Moody's Investors Service of Evraz Group S.A.’s corporate family rating (CFR) to Ba3 from B1. The outlook of the rating was changed to stable from positive. Concurrently, the senior unsecured rating of Evraz Group's notes was upgraded to B1 from B2. According to Moody’s, the upgrade and the stable rating outlook reflect the improving performance and financial metrics of EVRAZ over the last two years, in particular its stable and solid free ...
30.01.2012, Monday, 10:18  


Samara region and Renova sign agreement for modernizing Kurumoch Airport


Renova  
As reported on Renova official website the government of the Samara Region and the Renova Group have signed an investment agreement for reconstructing and modernizing the Kurumoch Airport in Samara, an Interfax correspondent at the signing ceremony reported. Samara Governor Vladimir Artyakov said that the airport's modernization is a solid example of a public-private partnership. The investor plans to invest over 12 billion rubles in the development of the Kurumoch Airport. The ...
27.01.2012, Friday, 11:17  


OMZ-Special Steels completes installation a of vertical heat-treatment furnace


OMZ Group  
OMZ-Spesial Steels, part of OMZ Group, has completed construction of the new heat-treatment furnace. The new shaft electric furnace of the vertical type is used for heating by normalizing, hardening and drawing of workpieces of turbo-generator rotors of steam turbines, propeller shafts and high-chromium long-grade workpieces. Volume of investment in the project constitutes 106 million roubles. The furnace will produce heat-treated products with a diameter of up to 3.5 meters and ...
27.01.2012, Friday, 10:39  


TMK announces 4Q and full-year 2011 production results and trading update


TMK Group  
The following contains forward looking statements concerning future events. These forward looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. OAO TMK (“TMK” or “the Company”), one of the world’s leading oil and gas steel pipe suppliers, announces its production results for the period ending December 31, 2011. During 2011, TMK shipped a total of 4,232 thousand ...
26.01.2012, Thursday, 10:28  


IZ-KARTEX delivers its 500th excavator EKG-10


OMZ Group  
IZ-KARTEX plant, part of OMZ Group, delivered its 500th excavator EKG-10. EKG-10s operating weight is 400 tons, bucket capacity is 10 cubic meters. This is the most popular model of excavators, produced by IZ-KARTEX. The share of EKG-10 in the total number of excavators produced in 2000-2011 is 80%. Production of EKG-10 was launched in 1984. The first excavator of this kind was delivered at Kemerovougol’s Krasnobrodskiy coal mine (OJSC Kuzbassrazrezugol at present). Today ...
26.01.2012, Thursday, 10:26  


MMK appoints Deputy CEO on Finance and Econimics


MMK Group  
According to the Order of MMK CEO Boris Dubrovsky, Alexander Andrianov was appointed Deputy CEO on Finance and Economics (CFO). Andrianov, born 1966, is a graduate of Leningrad State Technical University (1992) and Moscow State Academy of Management (1995). In 2003 he got a diploma from Newcastle Business School. Adrianov’s career growth is solely connected with the steel business. In 1992, he joined the IT team of Cherepovets Metal Works as a computer programmer. Upon ...
25.01.2012, Wednesday, 10:50  


Mechel reports 2011 operational results


Mechel  
Production and sales for 2011 Production: Product name 201 1, thousand tonnes 2010, thousand tonnes  201 1 vs 20 10, % Coal (run-of-mine) 27,625 ...
25.01.2012, Wednesday, 10:13  


Izhora Pipe Mill produces record 500 thousand tones of large-diameter pipes for oil and gas projects in 2011


Severstal  
OAO Severstal (‘Severstal’ or the ‘Company’), one of the world’s leading vertically integrated steel and steel related mining companies, announces that its pipe production unit, the Izhora Pipe Mill (IPM), which specializes in the manufacture of large diameter pipes from strips produced by the Cherepovets Steel Mill, part of the Severstal Russian Steel Division, produced over 500,000 tons of large-diameter pipes in 2011, primarily for use in major oil and gas ...
24.01.2012, Tuesday, 12:09  


NLMK’s Long Steel Division re-launches Electric Arc Furnace N1


NLMK  
NLMK reports that NSMMZ, its Urals based Long Steel Division steelmaking facility has successfully re-launched the second 1.1 mtpy Electric Arc Furnace (EAF) at its Revda steelmaking facility, following repairs to a transformer at the plant since mid 2011. The equipment has passed all required high voltage tests. Repairs, worth a total of RUR22 million, were undertaken by a local engineering company. Currently both NSMMZ’s EAFs are running as planned under the Company’s ...
24.01.2012, Tuesday, 12:03  


RUSAL installed unique equipment at Krasnoyarsk aluminium smelter to broaden range of alloys


RUSAL  
RUSAL, the world’s largest aluminium producer, announces the development and launch of a unique magnetic hydrodynamic mixer which will enable the Krasnoyarsk aluminium smelter’s cast house to extend its alloy product range. The cost of the new equipment amounts to USD 2 million. The magnetic hydrodynamic mixer will enable the Krasnoyarsk aluminium smelter (KrAZ) to produce 1000, 3000, 5000 and 8000 series alloys and to increase the production quality. In particular, the ...
23.01.2012, Monday, 10:03  


OMK became the only Russian company to confirm readiness to supply big diameter pipes for South Stream Project


OMK Group  
Recently OMK has been certified in accordance to DNV standards for this new international project. The certificate of conformity was issued based on results of tests on an experimental batch of pipes. The range of pipes: 813х39.0mm, SAWL 450SD, 813х37.4mm SAWL 485 SD according to DNV-OS-F101. OMK became the first Russian pipe producer to be certified according to DNV for production of pipes for underwater pipelines in 2007.OMK has supplied 480 km of 1153х34-41mm pipes for the unique ...
23.01.2012, Monday, 10:01  


Arinoy continues developing stainless tubes production


Tubes Production  
Arinoy Group continues developing welded stainless tubes production facilities. In his interview to Metal Supply & Sales, M. Khoruzhy, Sales Director said that the sixth mill for the production of tubes of 6-22mm in dia. and wall thickness 0,4-2 mm and a hollow sections polishing line had been launched in 2H 2011 while set up and launch of 2 new mills with simultaneous launch of 2 round tubes polishing lines were planned in 2012.
20.01.2012, Friday, 11:04  


Norilsk Nickel develops own cobalt production


Norilsk Nickel  
Norilsk Nickel began to implement own cobalt production line construction project. As the result the Company shall create the only Russian industrial production line of highest grade cobalt electrolyte, world class high quality product. At the moment, the main cobalt product of Cobalt Electrolysis Shop, OJSC MMC Kola (the subsidiary of the Company) is cobalt concentrate. This intermediary product is the raw material for further processing into commercial cobalt products, which are ...
20.01.2012, Friday, 10:01  


Expert RA rating agency gives OMZ the A level “high level of credit status”


OMZ Group  
Expert RA rating agency confirmed credit status of ОАО OMZ at Level A (high level of credit status). Among the factors that had a positive effect on the rating, agency analysts attributed the growth of OMZ capital 46% during the period from December 31, 2008 to June 30, 2011, and the growth of net assets and a positive net working capital of the company. “It should be noted that the OMZ is moving toward reducing the debt burden, as well as plans to obtain a positive net profit ...
19.01.2012, Thursday, 10:18  


Severstal North America launches 2nd hot dip galvanizing line and completes phase 2 expansion at Columbus plant


Severstal  
Severstal North America, one of the largest US-based steel producers and a wholly-owned subsidiary of OAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announced the launch of its new, second Hot Dip Galvanizing Line (HDGL2) in Columbus, Miss. The new line has a designed annual capacity of 540,000 metric tonnes (600,000 net tons) of hot rolled and cold rolled galvanized products. Capable of galvanizing product up to 72” wide with a ...
19.01.2012, Thursday, 10:16  


RUSAL successfully completes discussions regarding amendments to the terms of its credit facilities


RUSAL  
RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of negotiations with its lenders regarding an option to introduce a covenant holiday in 2012-2013. RUSAL has agreed with its lenders to amend the current terms of the credit facilities to better reflect the global market environment. In particular, the Company now has the option to introduce a 12-month covenant holiday, starting from any quarter in 2012. In addition, the definition of the ...
18.01.2012, Wednesday, 10:35  


EVRAZ Q4 2011 and FY 2011 operational results


Evraz  
EVRAZ released its operational results for the fourth quarter of 2011 and full year 2011. FY 2011 HIGHLIGHTS: Crude steel production grew by 3% compared to FY2010 mainly due to an increase in volumes in the Czech Republic, resulting from the resolution of a pricing dispute with a supplier of hot metal while other major steelmaking assets continued to operate at full capacity Steel product mix shifted further in favour of finished goods Coking coal production decreased by 16% ...
18.01.2012, Wednesday, 10:30  


Account
Login:
Password:
Remember me :