Metallurgy news

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  • 2013-03-19 11:46:10
    TMK Announces New Appointments
    TMK announces the appointment of Sergey Chetverikov, previously Managing Director of Sinarsky Pipe Plant, to the position of Managing Director of Volzhsky Pipe Plant. Alexander Lyalkov, who concurrently held the positions of Managing Director of Volzhsky Pipe Plant and Senior ...
  • 2013-03-15 13:22:00
    METALLOINVEST announces appointments to newly formed Board committees
    METALLOINVEST announces that its Board of Directors has approved the composition of two newly formed committees. The Finance, Budgeting and Strategy Committee comprises the following members: Ivan Streshinsky, Non-Executive Director (Chairman of the committee) ...
  • 2013-03-15 12:40:16
    Mechel Announces Management Changes
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a new executive appointment. Andrey Kocherov, 39, is appointed Mechel OAO’s Vice-President for Public and Investor Relations. Mechel OAO’s Chief Executive Officer Evgeny Mikhel ...
  • 2013-03-15 12:35:05
    TMK Launches Production of Super-Chrome Steel VIT
    TMK, a leading global manufacturer of tubular products for the oil and gas industry, has shipped the first pilot batch of vacuum insulated tubing (VIT) made of 13CrS steel (super-chrome steel) for Gazprom’s Bovanenkovo oil and gas condensate field on the Yamal peninsula. The quantity ...
  • 2013-03-15 12:32:32
    OMZ Spetsstal passed planned examination by American Bureau of Shipping
    OMZ Spetsstal, part of OMZ Group, succeeded to pass planned examination of blacksmithery production for shipbuilding. The procedure has been conducted by American Bureau of Shipping (ABS). ABS classification society founded in 1861 is a member of International Association of ...
  • 2013-03-15 11:57:50
    UC RUSAL suspends aluminium production at the ALSCON smelter
    UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the decision of ALSCON Board of Directors to temporarily suspend the smelting operations at the plant. During the meeting on 11 March ...
  • 2013-03-15 09:49:51
    Severstal targets 2.5 billion ruble investment in environmental protection projects at the Cherepovets Steel Mill in 2013
    The Cherepovets Steel Mill, part of the Russian Steel division of OAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, will invest up to 2.5bln rubles ($81mln) in its environmental improvement program in 2013. This investment ...
  • 2013-03-14 13:23:00
    OEMK passed compliance audit
    Oskol Electrometallurgical Plant (OEMK) confirmed compliance of its occupational health and safety management system with OHSAS 18001:2007 standard. Experts of Bureau Veritas, a certification body, conducted a compliance audit during the period from 26 February to 01 March. The ...
  • 2013-03-12 13:24:00
    METALLOINVEST signed the social partnership programme for 2013 with the Kursk region administration and Zheleznogorsk administration
    METALLOINVEST today signed a social partnership programme for 2013, which is part of the Social and Economic Partnership Agreement (the “Agreement”) with the Kursk region administration and Zheleznogorsk administration. The document was signed by Eduard Potapov, CEO of ...
  • 2013-03-11 17:29:29
    Shareholders of Norilsk Nickel elected new Board of Directors
    Shareholders of OJSC MMC Norilsk Nickel (hereinafter – MMC Norilsk Nickel or the Company) have voted in favor of early termination of powers of the Company’s Board of Directors and elected a new Board of Directors in the course of today’s Extraordinary General Meeting of ...
  • 2013-03-11 11:11:11
    Alexey Mordashov presented preliminary business recommendations on global trade to the G20 Sherpas
    “Promoting international trade and ensuring that supply chains can continue to evolve efficiently are of the issues of greatest importance and should remain one of the core items of the G20 agenda,” — Alexey Mordashov emphasized. — Myths that trade has a ...
  • 2013-03-06 09:41:33
    Results of NLMK Board of Directors meeting
    NLMK (LSE: NLMK), one of the leading global steel companies, announces the results of its Board of Directors meeting held on March 05, 2013. The Board has approved the following list of candidates to be voted on at the 2013 General Shareholder Meeting: Candidates to be elected ...
  • 2013-03-05 11:05:06
    UC RUSAL Board of Directors approves aluminium production capacity optimisation programme for 2013
    UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces that its Board of Directors has approved the decision to reduce the primary aluminium production at the Company’s smelters by 300,000 tonnes by the ...
  • 2013-03-05 11:03:32
    The Trade Taskforce of the Business 20, led by Alexey Mordashov, urges the G20 leaders to sign the WTO Trade Facilitation Agreement
    The Trade Taskforce of the Business 20 (“B20”), with Alexey Mordashov, CEO of Severstal, as a Co-chairman, calls for the G20 leaders to complete the WTO Trade Facilitation Agreement negotiations in 2013 to help jump start the global economy. “G20 countries ...
  • 2013-03-05 11:01:05
    NLMK reports continued environmental improvements
    In 2012, Novolipetsk, NLMK’s main production site in Lipetsk, completed 120 environmental projects as compared to 100 in 2011, with investments totaling approximately RUB 1.3 billion as compared to RUB3.9 billion in 2011. As a result, even with the 25% increase in steel ...
  • 2013-03-01 16:52:50
    March order book completed at the Cherepovets Steel Mill
    Cherepovets Steel Mill (“the company”), part of Severstal Russian Steel, a division within OAO Severstal, one of the world’s leading steel and steel-related mining companies, has already completed its order book for March and has employed its rolling facilities at ...
  • 2013-03-01 14:57:51
    NLMK approves upstream efficiency enhancement programme at main production site
    In February 28, 2013, NLMK Group (LSE: NLMK), a leading global steel producer, held a management board meeting at its main production site in Lipetsk. The management board approved a business process improvement programme for its flagship Lipetsk site to further enhance the ...
  • 2013-02-25 15:27:07
    Coated steels processing shows good dynamics
    Steel processing including coated steels forms a large segment in the steel industry. Consumption of galvanized and polymer coated steels grows every year in Russia (the marked capacity exceeded 5Mt in 2012). A major part of coated rolled products is processed into high conversion products ...
  • 2013-02-18 10:30:42
    UC RUSAL First Deputy CEO Vladislav Soloviev concludes successful visit to Guinea as part of a Russian governmental delegation
    UC RUSAL is pleased to announce that a group of the Company's executives concluded a successful visit to Guinea as part of a Russian governmental delegation to meet Guinea president Alpha Conde and other officials with Russian Foreign Affairs Minister Sergey Lavrov. During the visit ...
  • 2013-02-15 10:32:07
    Vorkutinskaya resumes production
    This morning production restarted at the Vorkutinskaya mine, except for one affected area that will remain suspended for 90 days as dictated by the Russian Federal Service for Environmental, Technical and Nuclear Supervision. Normal production has resumed across the rest of the mine. ...
  • 2013-02-14 10:57:51
    TMK Announces New Appointments
    TMK announces the appointment of Alexander Lyalkov, Senior Vice-President of TMK, as Managing Director of Volzhsky Pipe Plant. Elena Blagova, Managing Director of Volzhsky Pipe Plant since 2007, shall join TMK Management Company to take responsibility for new projects. ...
  • 2013-02-13 16:35:48
    Acquisition of 100% of MMK-Trans completed
    Globaltrans Investment PLC (“Globaltrans” or the “Company”, and together with its consolidated subsidiaries, the “Group”; LSE ticker: GLTR) today announces that it has completed the acquisition of 100% of OOO MMK-Trans (“MMK-Trans”) for ...
  • 2013-02-12 15:07:15
    WSD confirms NLMK to be among the World’s Most Competitive Steelmakers
    NLMK Group (LSE:NLMK), a leading global steel producer, attained second place in the 2012 annual ranking of the World’s 35 Most Competitive Steelmakers. The ranking, prepared by the world’s leading steel information service World Steel Dynamics, was based on 23 factors including ...
  • 2013-02-08 12:30:59
    MMK Group Operational Trading Update for Q4 and FY 2012
    Key investment projects of MMK Group Mill 2000 The launch in July 2012 of the second stage of MMK’s new cold-rolling complex (continuous hot-galvanizing unit, annealing/hot-galvanizing unit and coil inspection line) marked the conclusion of construction ...
  • 2013-02-05 10:43:24
    Norilsk Nickel plans to invest RUB 75.4 billion
    The Board of Directors of MMC Norilsk Nickel (hereinafter, MMC Norilsk Nickel or the Company), the largest global nickel and palladium producer, approved the Company’s draft budget for 2013 submitted by the management. The budget ensures stable metals production by national ...
  • 2013-01-31 17:39:39
    Baikal Mining Company has updated the scope of Mineral Resources of the Udokan deposit
    Baikal Mining Company (part of Metalloinvest) has received an updated JORC-compliant estimate of Mineral Resources of the Udokan deposit as of 29.12.2012. The certificate is issued by SRK Consulting, which is an independent international consulting company specializing in the mining ...
  • 2013-01-29 09:50:03
    NLMK enhances employee collaboration to create efficiencies
    Novolipetsk, NLMK’s main production site in Lipetsk, announces the results of its annual innovation contest. Throughout the year, more than 1,600 employees from 55 of the company’s units took part in the contest. A total of 2,035 efficiency and 480 cost cutting proposals ...
  • 2013-01-21 13:16:55
    Zubtsovsky Machinery Plant to increase production
    In 2012 Zubtsovsky Machinery Plant has kept the output of titanium products on the level of 2011 year (naturally). Revenues have increased by 19% in funds value, which could be explained by increasing of the deeply processed product share in sales volume. The following products were ...
  • 2012-12-21 15:13:06
    Severstal - Result of Extraordinary General Meeting
    OAO Severstal (“Severstal”), one of the world’s leading vertically integrated steel and steel related mining companies, announces the results of voting on the resolutions proposed at the EGM held on 20 December 2012. The following resolutions were approved by ...
  • 2012-12-21 12:17:20
    Metal-Expo’2012 Results have been Announced
    A wash-up meeting of Metal-Expo Organizing Committee was held yesterday to announce results of Metal-Expo’2013, the 18th International Industrial Exhibition. The majority of Organizing Committee members highly evaluated the quality of Metal-Expo’2102 exhibitors for as ...
  • 2012-12-07 17:21:16
    60 world economies visited Metal-Expo’2012
    According to visitors’ registration results, along with exhibitors from 35 world countries, representatives from 60 economies visited Metal-Expo’2012 on November 13-16, 2012. Around 4% of the total number of Metal-Expo’2012 visitors account for international visitors, ...
  • 2012-12-05 13:49:42
    Severstal supports New York exhibition of Russian artworks from Mikhail Baryshnikov's collection
    Supported by OAO Severstal ("Severstal" or "Company"), Art That I Live With, an exhibition of Russian artworks from Mikhail Baryshnikov's collection opened at the ABA Gallery, New York on December 3. This is the first time that so many works from the legendary dancer's ...
  • 2012-12-05 11:27:30
    MMK announces the results of its RUR 5 bln bonds placement at MICEX
    On December 04, 2012 MMK placed its RUR 5 bln bonds (series 18) with the maturity period of 10 years. A 3 year offer is provided for the issue. The issue is included in the list “Б” at MICEX. The total value of demand from investors exceeded RUR 10,4 bln which translates ...
  • 2012-12-05 11:05:40
    NLMK closes the order book for its RUR 10 billion bond issue
    NLMK (LSE: NLMK), the leading global steelmaking company, closed the order book for its 08 bond issue on December 4, 2012. The issue has a total value of RUB10 billion, a maturity period of 10 years and a buy back offer in 3 years. In the course of marketing, book orders were placed by ...
  • 2012-12-04 15:27:37
    Interros, Millhouse and UC RUSAL reached principal agreement on resolving a situation around MMC Norilsk Nickel
    UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, and Interros company, MMC Norilsk Nickel's largest shareholder, have reached a principal agreement aimed to settle the shareholders’ conflict and envisaging ...
  • 2012-12-04 11:11:08
    TMK Acquires Controlling Stake in Pipe Plant in Oman
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, has acquired 55% of Gulf International Pipe Industry L.L.C. (GIPI) located in Oman. The plant’s production capacity exceeds 200,000 tonnes of welded OCTG and line pipe for oil and gas ...
  • 2012-11-26 12:17:11
    Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports temporary halting of production facilities at Donetsk Electrometallurgical Plant (DEMZ), which is part of Mechel’s steel division, and the schedule for temporary suspension of production at the ...
  • 2012-11-26 12:15:43
    NLMK Indiana production beats all-time records
    Recently, the NLMK Indiana, a US subsidiary of NLMK Group, has broken all time production records. During January – October period of 2012 NLMK Indiana produced over 617,000 tonnes (hereinafter metric tonnes) of slabs and over 586,000 tonnes of hot rolled coils. Melt Shop ...
  • 2012-11-22 10:14:44
    Rearrangement in Norilsk Nickel top management
    OJSC MMC Norilsk Nickel (Company or MMC Norilsk Nickel) reports management rearrangement. Evgeny Muravyev, the incumbent Director of the Company’s Polar Division for the last 3 years, is promoted to the position of Deputy General Director of MMC Norilsk Nickel, effective as of ...
  • 2012-11-20 12:19:40
    OJSC MMC Norilsk Nickel reports acknowledged the best
    OJSC MMC NORILSK NICKEL (hereinafter Norilsk Nickel or the Company) gained various awards of the XV Annual contest of annual reports organized by OJSC “Moscow Stock Exchange”. The contest is held since 1998 all the way contributing for propaganda of advanced experiences in ...
  • 2012-11-20 12:18:47
    Severstal increases shipments to Russian and CIS car manufacturers
    During the first ten months of 2012, the Cherepovets Steel Mill (“CheMC”), part the Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, has increased shipments of rolled steel to Russian and CIS-based car ...
  • 2012-11-20 11:16:23
    NLMK’s annual report wins awards in national contests
    NLMK’s 2011 Annual Report has brought home multiple awards from recent national and international contests. NLMK was recognized in five categories in the 15th Yearly Federal Contest of Annual Reports organized by the Moscow Exchange (http://konkurs.micex.rts.ru/en/default.aspx), ...
  • 2012-11-19 17:33:04
    Severstal adopts company-wide Anti-Corruption Policy
    Severstal, one of the world’s leading steel and steel-related mining companies, has adopted a company-wide Anti-Corruption Policy (“the policy”). The policy, signed by Alexei Mordashov, Severstal’s Chief Executive Officer, is aimed at ensuring that all of ...
  • 2012-11-19 09:54:24
    Mechel Has Attended Metal Expo’ 2012 Annual Exhibition
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports its participation in the 18th International Industrial Exhibition Metal-Expo’ 2012, which was held at the All-Russia Exhibition Center in Moscow on November 13-16, 2012. Some 700 organizations ...
  • 2012-11-19 09:53:13
    MMK Metalurji puts EAF and hot rolling facilities on halt for a period of up to 90 days
    This measure will allow the company to increase economic efficiency of the plant and help achieve positive profitability of MMK’s Turkish project. MMK Metalurji (an asset of Magnitogorsk Iron and Steel Works in Turkey) announced that its EAF and hot rolling facilities in ...
  • 2012-11-16 13:07:58
    NLMK to supply slabs to OMK
    NLMK has signed a long-term contract with Vyksa Steel Works (VMZ) (part of OMK, the United Metallurgical Company) for the supply of continuously cast slabs. These slabs will be rolled into plates at the VMZ Mill-5000 (MKS-5000) to be further used for the production of large-diameter ...
  • 2012-11-15 13:11:21
    Severstal reports Q3 & 9M 2012 financial results
    OAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its Q3 & 9M 2012 financial results. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 September 2012 ...
  • 2012-11-08 10:14:32
    What to expect in 2013?
    Next year is unlikely to bring significant relief to steel producers in the absence of visible points of economic growth, which could boost demand, and due to the overcapacity in steel production. The global financial crisis has predetermined decline in investments and therefore slump in ...
  • 2012-11-07 13:09:12
    MMK may invest additional USD 100 million in Turkish subsidiary
    OJSC Magnitogorsk Iron and Steel Works (MMK) is exploring the possibility of investing an additional USD 100 million over the medium term into MMK-Metalurji, its Turkish subsidiary, to reduce production costs and increase production efficiency. Investment projects under consideration ...
  • 2012-11-02 14:39:10
    Red Bud Industries and Weber Comechanics hosted a Coil Processing Seminar in Moscow
    Red Bud Industries, located in Red Bud, Illinois, and Weber Comechanics, located in Moscow, Russia, hosted a Coil Processing Seminar at the Borodino Hotel Moscow on September 26, 2012. Over 70 attendees learned about blanking, multi-blanking, leveling, slitting, and a new process (EPS®) ...
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