News. Russian ferrous metallurgy news. December

On December 23 Russian Steel’s Committee for Transportation supported the idea of holding MetalTransLogistics, an exhibition for transportation and logistics for mining and metallurgical complex within Metal-Expo’2012. The idea had been previously discussed at the meeting of Metal-Expo Organizing Committee on December 7 in Moscow. For a number of years conferences on development of cooperation between steel producers and railway transportation companies have been held ...

Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its steel production unit, the Cherepovets Steel Mill, today commissioned its second color-coating line (CCL-2). The total investment in the second line is more than 2.5 billion roubles ($78.1 million). The new line will double the plant’s output of coated hot dip rolled products, in line with Severstal’s stated strategic focus on increasing output of ...

Mechel, one of the leading Russian mining and metals companies, announces closure of the transaction for the acquisition of 100% of the shares of Donetsk Electrometallurgical Plant (DEMZ AO). On December 23, 2011, Mechel completed the acquisition of 100% of Donetsk Electrometallurgical Plant. As previously communicated, the acquisition was approved at Mechel OAO’s annual shareholders’ meeting and by the Mechel’s Board of Directors. The acquisition is valued at $537 ...

EVRAZ announced plans to upgrade its Pueblo, Colo. (United States) rail facility. The upgrades are primarily focused on product quality and operational improvements and are also intended to expand head hardened rail manufacturing capacity. “As North American rail companies continually expand their networks, our customers are looking for world class head hardened rail to enable more tonnage to travel over their lines at a lower total cost,” said Pavel Tatyanin, Senior Vice ...

Mechel, one of the leading Russian mining and metals companies, announces the launch of the reconstructed coke-oven battery #5 at Mechel Mining OAO’s subsidiary Mechel-Coke OOO. The launch of the facility means that all of Mechel-Coke OOO’s eight coke-oven batteries are now operational. This enables the company to increase production of coke and chemicals and ensure the needs and resource independence for Mechel Group’s Chelyabinsk Metallurgical Plant and Southern ...

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that qualification tests of TMK PF premium connections have been successfully held in accordance with the ISO 13679 CAL IV standard. The tests were conducted at the Oil States Industries international testing center (Aberdeen, UK) where products for world’s largest oil and gas companies undergo qualification testing. The tests were conducted on the request of one of the ...

Mechel, one of the leading Russian mining and metals companies, reports the appointment of Anatoly Chernakov as the acting Chief Executive Officer of Mechel-Energo OOO. Anatoly Chernakov has worked as deputy chief executive officer and chief engineer until his appointment as Mechel-Energo OOO’s acting chief executive officer. Anatoly Merzlyakov, Mechel-Energo OOO’s previous chief executive officer, resigned due to what he cited as family circumstances. ...

Izhorskiye Zavody, part of OMZ Group, finished producing equipment for Russian Nuclear Power Plants, which are under construction. The company completed shipment of equipment for the reactor building of the first unit of the Leningradskaya NPP-2: unbolt device for flanged connectors for steam generator, equipment for inspection shafts and scantlings for heat generating assemblies. For the third unit of Rostovskaya NPP Izhorskiye Zavody shipped gateway sluice, designed for ...

"Hot tests" of the concentrate drying complex start at Lebedinsky iron ore production facility (LGOK). The tests are a part of the long-term investment project to increase the production of dried concentrate at LGOK. Dried concentrate is highly demanded in the market of iron ore raw materials in winter. The investment program envisages reconstruction of the plant’s capacities, construction of the tract of concentrate feed, formation of transportation system and ...

Mechel, one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill’s first line — the blooming concaster #5 at Chelyabinsk Metallurgical Plant’s oxygen converter shop. The blooming concaster #5 with an annual capacity of one million tonnes is due to supply the universal rolling mill with top-quality continuously-cast billets. The new concaster can produce 200 mm x 200 mm and 300 mm x 360 mm billets from various ...

NLMK, a leading Russian steel company, is pleased to announce the closure of the order book for its bond issue series BÎ-02, BÎ-03 with a nominal value of RUR1000 per bond. These series have a total value of RUR10 billion and a maturity period of 1092 days (3 years). In the course of marketing, book orders from 34 investors were placed for a total of RUR11.8 billion with a coupon rate ranging from 8.48% to 8.75%. As a result of marketing the bonds, NLMK has set the first, second and ...

Izhorskiye Zavody, part of OMZ Group, won several tenders for the supply of primary circuit equipment for Russian nuclear power plants under construction: the 4-th unit for Rostovskaya NPP and 2 units for Baltiyskaya NPP. Izhorskiye Zavody will manufacture and supply to the 4th unit of Rostovskaya NPP, which is under construction, accumulators for emergency cooling system of tank zone (SAOZ), equipment and embedded parts for inspection shafts and scantlings for compressed fuel ...

Metalloinvest Management Company carried out recertification of its information security management system (ISMS) to comply with requirements of ISO/IEC 27001:2005 standard. The accredited auditor ZAO Bureau Veritas Certification Rus’ extended the term of certification of ISMS for Metalloinvest Management Company till November 2014. Metalloinvest Management Company was established for effective management of consolidated assets. That’s why certification covered a key ...

Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its coal production unit, OAO Vorkutaugol, has today won exploration end extraction rights for the N1 coal field at the Usinskoe deposit in the Komi region, Russia. The estimated resources of the coal field is 620 million tonnes of coking coal. The company’s winning bid was more than 1.3 billion roubles. OAO Vorkutaugol will receive the license agreement ...

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and Lukoil, one of the largest global vertically integrated oil and gas companies, have signed an agreement on pipe supplies for 2012. Under the agreement, TMK guarantees to supply 100% of pipe products required by Lukoil for use in all stages of oil production and refining. The supply volumes are planned to be not fewer than 260,000 tonnes per year. Lukoil is among the most ...

EVRAZ plc and EVRAZ Group S.A.announce the intention to create EVRAZ Europe, a company that will consolidate all the European assets of EVRAZ including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). This decision is another step in the implementation of a long-term strategy for EVRAZ European assets, which is to develop a single pan-European business, to improve the efficiency and profitability of operations, and to optimize business processes. ...

Mechel, one of the leading Russian mining and metals companies, announces that Southern Kuzbass Coal Company’s washing plant produced first coking coal concentrate out of the Elga deposit’s coal. A sample lot of some 4,000 tonnes of Elga’s coking coal was washed at Southern Kuzbass Coal Company OAO’s Sibir plant. The concentrate obtained by industrial washing has qualities which rate the Elga deposit’s coals with high-value grades of caking coals. ...

Severstal (hereinafter – Severstal or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, today announces that its indirect subsidiary Lybica Holdings B.V. (“Lybica”) has entered into a legally binding heads of terms agreement (the “Heads of Terms”) with Afferro Mining Inc. and its wholly owned subsidiary Mano River Iron Ore Holdings Limited (“Mano”), for the purchase of ...

Mechel, one of the leading Russian mining and metals companies, announces winning the prestigious Cbonds Awards contest in the Best Primary Placement for Domestic Bonds category. Based upon the Cbonds news agency’s analysis, Mechel won the top place in the Best Primary Placement for Domestic Bonds nomination for the placement of the 17-19 series debentures with a maturity of 10 years and a put option in five years. Mechel placed the 17-19 series bonds with the nominal ...

MMK Metalurji, part of the MMK Group, announced a new appointment. Sergei Sulimov, deputy general director for company relations at MMK Group, has been named acting general director of MMK Metalurji. Yury Bodyayev, previously general director of MMK Metalurji, will return to his position as director of production at MMK. MMK CEO Boris Dubrovsky said: "These changes are driven by the new goals facing MMK Metalurji. Yury Bodyayev oversaw changes to production at MMK ...