Metallurgy news

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  • 2018-06-21 14:56:31
    RUSAL restarts operation of teh Friguia alumina refinery in Guinea
    UC RUSAL (486 Hong Kong, RUAL Moscow Exchange), a leading global aluminium producer, is pleased to announce the restart of the FRIGUIA ALUMINA REFINERY in Guinea. The official ceremony to mark the restoration of the Friguia refinery was attended by the President of Guinea, Alpha Conde, ...
  • 2018-06-21 14:53:02
    EVRAZ expands the capacity for the processing of railway wheels
    EVRAZ NTMK completes preparations for launching the fifth railway wheel machining line. The line has already been assembled, four new automated machines have been installed at the wheel shop. Currently the wheel-block robotic transport and handling equipment, chip breaker and disposal ...
  • 2018-06-18 16:44:31
    NLMK Group to employ new technology to boost quality and reduce cost of coke production
    NLMK Group, a global steel company, is designing equipment to implement stamp charging process at Altai-Koks. This will boost coke quality and reduce the cost of its production through use of more cost-efficient grades of coking coals. Stamping technology is under implementation at ...
  • 2018-06-18 16:42:25
    MMK’s hot-rolled products Mill 2000 sets another record
    PJSC Magnitogorsk Iron and Steel Works’ ("MMK") most powerful unit, hot-rolled products Mill 2000, produced 527.5 ths tonnes of metal in May 2018, setting an all-time record for monthly output. It was the highest production volume at the mill since its commissioning in 1994, ...
  • 2018-06-18 16:40:27
    Severstal supplies 40 thousand tons of steel for Fifa World Cup 2018 stadiums
    PAO Severstal, one of the largest vertically integrated steel and mining companies in the world, supplied approximately 40 thousand tons of rolled steel for the construction of the 12 stadiums that will host World Cup matches in 2018. Flat steel and reinforcing bars were supplied from ...
  • 2018-06-08 17:40:30
    MMK showcases environmental policy in action
    Magnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts. The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple ...
  • 2018-06-08 17:32:53
    Metalloinvest expands steel heat treatment capacity as part of SBQ client-orientation and quality development
    Metalloinvest announces that it will build a heat treatment facility for hot-rolled steel at OEMK. The heat treatment facility will have an annual capacity of 70,000 tonnes of high-quality (Special Bar Quality, SBQ) bars, and will be established within the enterprise's finishing plant. ...
  • 2018-06-08 17:29:10
    Severstal begins supply of unique cryogenic steel for new LNG production and storage facilities
    PAO Severstal, one of the world's leading vertically integrated steel and mining companies, is pleased to announce that it has begun the supply of construction elements for a liquefied natural gas (LNG) storage facility made of cryogenic low-carbon steel with a 9% nickel content. The ...
  • 2018-06-08 17:26:59
    NLMK shareholders approve FY2017 and Q1 2018 dividends
    At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders approved the payment of FY2017 dividends of 14.04 rubles per share (considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2017 is 3.36 rubles per ...
  • 2018-05-18 11:32:02
    Rusal increased revenue despite U.S. sanctions
    Russian aluminum giant Rusal on April 11 warned of expected harm to its business from U.S. sanctions, sending its shares down more than 7% despite the company reporting a 20% jump in first-quarter core profit. Washington last month announced sanctions on Russian billionaire Oleg ...
  • 2018-05-11 16:04:44
    TMK takes part in the 2018 International Offshore Technology Conference
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has taken part in the 2018 International Offshore Technology Conference (OTC), Houston, USA. At the event, TMK showcased its full range of TMK UP premium threaded connections used in oil ...
  • 2018-05-11 16:01:28
    Expert RA assigned IMH the ruBBB+ credit rating
    RAEX rating agency (Expert RA) has assigned IMH credit rating ruBBB+ with a stable outlook. RAEX in its report notes the Company’s high liquidity level and diversification of sales by geography and customers. The Agency outlines the Company's strong positions on the pig iron and ...
  • 2018-05-11 11:30:17
    In 2018 UMMC will invest about 3,5 bln.RUB in capital construction of Gaisky GOK
    Ural Mining and Metallurgical Company will invest about 3,5 bln. RUB in development of PJSC “Gaisky GOK (a part of UMMC commodity-based complex), which exceeds equivalent figures for 2017 by 1 bln. (34%). Over half the investment budget, about 2,25 bln.RUB, is planned to be ...
  • 2018-05-04 15:17:34
    Metalloinvest announces operational results for Q1 2018
    Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its operational results for the first quarter of 2018. Management comments Andrey Varichev, CEO of Management Company ...
  • 2018-05-04 14:51:15
    TMK Announces Board Of Directors Decidsions
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors at its meeting on April 26, 2018 decided to hold an Annual General Meeting of Shareholders (AGM) on June 21, 2018. The record date for the list of ...
  • 2018-05-04 14:48:37
    MMK invests over RUB 4 bln in environmental programmes in 2017
    In 2017, Magnitogorsk Iron and Steel Works invested 4,157.8 million rubles in environmental initiatives. From 2018 to 2025, the Company plans to spend more than 38 billion rubles on environmental protection. In 2017, 2,578 million rubles were invested in the construction and ...
  • 2018-04-09 12:15:29
    OEMK confirms compliance with international standards
    OEMK (part of Metalloinvest) has successfully undergone a recertification audit of its Quality Management System for compliance with the international standard ISO 9001:2015. Auditors from TUV SUD Management Service GmbH (Munich, Germany) confirmed that OEMK is in line with the required ...
  • 2018-04-09 12:13:44
    MMK continues to improve energy efficiency of production
    The total economic effect from the implementation of projects to improve the energy efficiency of production processes at the Magnitogorsk Iron and Steel Works in 2017 amounted to about 1 billion rubles. Work to improve energy efficiency was carried out at all levels of the ...
  • 2018-04-09 12:10:37
    Alexey Mordashov introduced prospects of business cooperation between the countries of the Northern Dimension region
    Alexey Mordashov, Chairman of PAO Severstal, chaired the IX Northern Dimension Forum, which was held on 5 April 2018 in Saint-Petersburg. More than 200 delegates attended the event. The aim of the forum was to boost cooperation between the authorities, business and civil society in the ...
  • 2018-02-27 11:10:50
    Metalloinvest increases productivity of vacuum degasser at Ural Steel
    Ural Steel (part of Metalloinvest) has completed modernisation of the vacuum degasser at the electric arc furnace shop (EAFS), which increased the unit’s capacity by 50% to 1.8 mn tonnes per year. Total investments in the project amounted to RUB 230 mn. The supplier of the ...
  • 2018-02-27 11:06:25
    NLMK Group launches online voting service for shareholders
    NLMK Group, an international steel company, is launching an electronic voting (e-voting) service for its shareholders. The company will hold the first electronic vote in its history during the Extraordinary General Meeting of Shareholders on 12 March 2018, for voting on its new CEO (Chairman ...
  • 2018-02-13 13:15:14
    RUSAL to complete a feasibility study for an industrial-scale scandium plant in 2018
    RUSAL intends to complete the development of a feasibility study in 2018 for the construction of a scandium oxide production unit at one of its Russian operations. Such a development adds to the Company completing another series of pilot-scale tests in 2017 to recover scandium oxide ...
  • 2018-02-12 17:08:45
    Norilsk Nickel and Russian Platinum sign strategic partnership agreement
    PJSC MMC Norilsk Nickel, the largest producer of palladium and refined nickel in the world, and LLC Russian Platinum have signed a framework agreement on strategic partnership. According to the agreement, the parties will establish a joint venture to develop disseminated ore deposits ...
  • 2018-02-02 14:56:29
    TMK Paid Off Eurobonds In The Amount Of US$231 Million
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces full redemption of the loan participation notes due in January 2018 (ISIN: XS0585211591) in the total nominal value of US$ 231 million on January 29, 2018. The US$500-million ...
  • 2018-02-02 14:51:52
    Metalloinvest announces Operational Results for Q4 2017 and FY 2017
    Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its operational results for the fourth quarter and full year 2017. Iron ore products In Q4 2017, Metalloinvest produced 10.1 ...
  • 2018-02-02 14:49:07
    Severstal announces 2018 capital investment programme
    PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2018. Severstal plans to invest approximately 49.5 billion rubles in ...
  • 2018-01-26 15:21:39
    BMC proceeding with comprehensive environment impact assessment of Udokan Mining and Metallurgical Plant
    These activities imply comprehensive assessment of compliance of construction and operation of Udokan Mining and Metallurgical Plant with the environmental requirements established by the Government of the Russian Federation with the aim to prevent negative impact that planned operation of ...
  • 2018-01-26 15:13:52
    TMK Announces FY 2017 And 4Q 2017 Operational Results
    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. TMK, one of the world’s leading producers of tubular ...
  • 2018-01-26 15:10:02
    Severstal reports Q4 & FY 2017 operational results
    Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q4 2017 & FY 2017. Q4 2017 GROUP HIGHLIGHTS • Hot metal output increased 5% to 2.34 mln ...
  • 2018-01-26 15:07:30
    MMK Group Trading Update for Q4 and FY 2017
    Q4 2017 highlights vs. Q3 2017 MMK Group’s total finished steel product sales in Q4 2017 (excluding intra-group sales) totalled 2,827 thousand tonnes (down 12.5% q-o-q). MMK Group’s HVA steel product sales in Q4 2017 was 1,264 thousand tonnes (down ...
  • 2018-01-18 15:56:49
    10 Metal Supply and Sales Issues to be Shipped to Germany
    Some time ago Metal Supply and Sales , the leading Russian steel industry journal and the General Information Partner of Metal-Expo event asked its readers to identify a person whose photo was published on the cover page of the January issue of Metal Supply and Sales. By ...
  • 2018-01-18 15:20:17
    RUSAL invested over USD 30 mln in launching its first new generation RA-550 pots
    UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, is pleased to announce the launch of pilot operation of eight new generation RA-550 pots at Sayanogorsk Aluminium Smelter. The total amount of investment in the project amounted to USD 30 ...
  • 2018-01-18 15:15:40
    MMK to build new sinter plant worth RUB 22 bln
    Magnitogorsk Iron and Steel Works (MMK) is completing the final preparatory stage of work for the construction of a new sinter plant in Magnitogorsk. The current works include driving piles, laying foundations and installing the metal structures. The installation of the main technological ...
  • 2018-01-18 15:13:07
    High-strength Ural Steel rolled steel meets Russian Maritime Register of Shipping certification requirements
    Ural Steel (part of Metalloinvest) has received a certificate confirming the compliance of its heavy plate made from high-strength steel grades. This opens up new opportunities for the Company in the production of high-quality rolled steel products for shipbuilding and expanding its sales ...
  • 2018-01-18 15:09:30
    IMH FY 2017 operational results
    Industrial Metallurgical Holding (IMH), one of the world’s leading exporters of merchant pig iron and the leading merchant coke producer in Russia, reports its operational results for FY 2017. Coking coal mined by IMH Coal division in 2017 increased to 2.83 mt., that is 28% more ...
  • 2018-01-12 12:05:56
    Mechel Reports Results of Ecological Awareness Year
    Mechel PAO reports its results in the Ecological Awareness Year announced in Russia in 2017. The Group’s production facilities implemented a series of large-scale projects in a bid to improve the ecological situation in the regions of its production and administrative operations. ...
  • 2018-01-12 12:04:04
    Metalloinvest announces new PXF deal
    Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has signed an agreement with a сlub of banks for a USD 240 mn pre-export finance facility (the “PXF-2018”). New PXF has ...
  • 2018-01-12 12:01:58
    NLMK Group introduces SAP S/4HANA for Industry 4.0 solutions, first in the CIS
    NLMK Group, an international steelmaking company with operations in Russia, the USA, and the European Union, is the first steelmaking company in the CIS to introduce new generation SAP S/4HANA business suite. This platform will not only streamline current business processes but also enable ...
  • 2018-01-12 11:58:25
    Severstal launches major new production line for polymer coated rolled steel products at Cherepovets Steel Mill
    PAO Severstal, one of the world's leading vertically integrated steelmaking and mining companies, has launched a production line for polymer coated rolled steel products at Cherepovets Steel Mill Metal Coating Workshop number 3 (“MCW#3”). The launch ceremony was attended by ...
  • 2017-12-29 10:05:43
    RUSAL reveals top 10 events of 2017
    RUSAL has presented a list of the Company’s most important events and achievements in 2017. The achievements form part of the Company’s key deliverables and demonstrate its strategy in action, which is to enhance RUSAL’s operational efficiency and environmental ...
  • 2017-12-27 16:15:45
    Norilsk Nickel signs a 5-year usd 2.5 billion syndicated facility agreement with international banks
    PJSC MMC Norilsk Nickel announces the signing of a 5-year USD 2.5 billion facility agreement with the syndicate of international financial institutions. Taking advantage of the current market conditions the Company achieved favorable terms of the syndicated loan supported by the ...
  • 2017-12-26 12:58:33
    LMZ SKAD lifts aluminium wheels production by 27% in 2017
    RUSAL acquired a share of LMZ SKAD, one of the leading alloy wheels manufacturers in Russia, in April 2017. Following the acquisition, the implementation of RUSAL’s Production System and efficient processes have improved SKAD’s major business operations alongside the expansion of ...
  • 2017-12-25 15:03:24
    Metalloinvest and OMK summed up their cooperation results for 2017
    Metalloinvest and the United Metallurgical Company (“OMK”) held a Coordination Committee meeting dedicated to their performance in 2017 and next year planning. The meeting held at JSC Ural Steel (part of Metalloinvest) was attended by Andrey Prosyanik, the domestic sales director ...
  • 2017-12-25 15:01:46
    Mechel Reports Izhstal Getting Export Loan from Eximbank of Russia
    Mechel PAO (MOEX: MTLR; NYSE: MTL), one of the leading Russian mining and metals companies, reports that Mechel Group’s Izhstal PAO and State Specialized Russian Export-Import Bank (joint-stock company) (Eximbank of Russia) (part of the Russian Export Center) signed a loan agreement ...
  • 2017-12-25 14:59:18
    MMK recognised by The Ministry of Natural Resources and the Environment for its active environmental policy
    Magnitogorsk Iron and Steel Works was awarded by Russia’s Ministry of Natural Resources and the Environment for its active environmental protection policy. Government experts awarded MMK top marks for its large scale environmental projects this year. The awards ceremony took ...
  • 2017-12-25 14:56:05
    Alexey Mordashov, Chairman of the Board of Directors, visited the Yakovlevsky mine and granted approval for the development plan of the plant
    Alexey Mordashov, the Chairman of the Board of Directors of PAO “Severstal” and the Company’s leadership team visited production departments of the Yakovlevsky mine, and approved next year’s business plan , while meeting employees of the plant. The Chairman and ...
  • 2017-12-25 14:53:46
    NLMK shareholders approve 3Q 2017 dividends and adopt revised versions of statutory documents
    At the Extraordinary General Shareholder Meeting (EGM) held on 22nd December, NLMK shareholders approved payment of 3Q’17 dividends of RUB 5.13 per share. The date upon which the shareholders entitled to 3Q’17 dividends will be determined was set as 9th January 2018. ...
  • 2017-12-20 09:52:47
    Environmental responsibility programs of the Russian Copper Company are presented to the UN
    During a tour of the ECOTECH 2017 Exhibition, RF Minister of Natural Resources and Environment Sergey Donskoy and Honorable Forum delegate, UN Deputy Secretary General, Executive Director of the United Nations Program for the environment Erik Solheim visited the RCC stand. The Minister ...
  • 2017-12-18 14:50:59
    RCC receives an award for environmental activities in 2017
    Karabashmed JSC (a subsidiary of RCC Group located in Karabash, Chelyabinsk region) has received an award of the Ministry of Natural Resources and Environment of Russia for a successful implementation of measures specified under an Agreement signed as part of the Year of the Environment in ...
  • 2017-12-13 10:12:13
    RUSAL sets up the infrastructure for data center at NAZ
    RUSAL starts its data center project development at its Nadvoitsy Aluminium Smelter in the Republic of Karelia. The data center will focus on providing IT services, including solutions for big data analysis, machine learning, and cryptocurrency mining-related operations. AA!LAB ...
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