Metallurgy news

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  • 2012-09-10 13:25:21
    Global aluminum conference in Moscow
    This week, on September 12-14, in Moscow the 27th International Aluminum Conference will begin its work. The Conference is organized by Metal Bulleting and US RUSAL as a lead sponsor. Metal Bulletin Conference is a key event in the aluminum industry, a leading platform for ...
  • 2012-09-07 13:50:08
    TMK signs contract with Halliburton
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, has signed a contract with Halliburton International Inc. to provide threading services. TMK Central Pipe Yard (Buzuluk, Orenburg Region), which is part of TMK Oilfield Services, will be ...
  • 2012-09-07 10:13:00
    Norilsk Nickel’s Management Board faces changes
    At the scheduled meeting of the Board of Directors of MMC Norilsk Nickel the Board resolved to make changes to the composition of the Company’s Management Board and established that the Management Board shall be comprised of seven members. Starting from 24.08.2012, powers of member ...
  • 2012-09-07 10:01:00
    Ural Boeing Manufacturing delivers first 787-9 lower chord on its 5th anniversary
    Boeing and Verkhnaya Salda Metallurgical Production Association (VSMPO-AVISMA) Joint Venture, Ural Boeing Manufacturing (UBM) delivered its first 787-9 lower chord on the day of UBM’s 5th anniversary. The lower chord is part of the wing structure that attaches the wing to the fuselage. ...
  • 2012-09-06 10:01:00
    RUSAL to present new projects at the IV International Congress Non-ferrous metals-2012 in Krasnoyarsk, Russia
    RUSAL has become a sponsor of IV International Congress & Exhibition ''Non-Ferrous Metals-2012'', which will be held in Krasnoyarsk, Russia, on 5-7 September 2012. The Company will present its latest research on aluminium alloys and alumina production. The ''Non-Ferrous Metals-2012'' ...
  • 2012-09-06 10:01:00
    Minister of industry and trade of the Russian Federation commented on rise in production figures at Lebedinsky GOK
    Denis Manturov, the Minister of Industry and Trade of the Russian Federation, has completed his working visit to Lebedinsky GOK iron ore production facility (part of METALLOINVEST). Mr. Manturov commented during the visit: “Business has not only returned to pre-crisis levels but, ...
  • 2012-09-05 10:08:52
    NLMK closes the order book for RUB5 billion BO-04 series bond issue
    NLMK, the leading global steelmaking company, today announced the closure of the order book for its BО-4 bond issue series with a nominal value of RUB1,000 per bond. The issue has a total value of RUB5 billion and a maturity period of 1,092 days (3 years). In the course of marketing, book ...
  • 2012-09-05 10:01:52
    Norilsk Nickel completes Bystrinsky GOK’s designing
    Norilsk Nickel informs of successful completion of design stage at Bystrinsky GOK (Mining and Processing Combine). On August 10, the Company submitted the design documentation for the state expert appraisal. On August 14, the Company entered into an expert services agreement with Federal ...
  • 2012-09-04 17:39:35
    Alexander Grubman shares insights on one of the world's leading steel and mining companies.
    To know what's happening in global business, you need to be where business happens. This is part of the reason why students in the Global Executive MBA class at Duke University's Fuqua School of Business have program residencies in key international markets: London, St. Petersburg, Dubai, ...
  • 2012-09-04 10:25:01
    Severstal-Metiz participates in construction of cable-stayed footbridge in Naberezhnye Chelny
    The engineering subdivision of JSC “Severstal-Metiz” (is included in division “Severstal Russian Steel”) implements a new order for manufacture, delivery and installation of cable-stayed systems for bridge building. In August the company directed to the client ...
  • 2012-09-04 10:01:00
    RUSAL launches online trading platform
    RUSAL, the world’s largest aluminium producer, is pleased to present its new online trading platform for the Company's suppliers. All contractors are now able to obtain comprehensive information regarding competitive selections and place their bids on the Company's special website ...
  • 2012-09-03 12:08:46
    Severstal holds 2012 Capital Markets Day
    Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, is today hosting its annual Capital Markets Day in London to update investors and analysts on progress in executing its stated strategy. Presentations will be given by the senior ...
  • 2012-09-03 10:05:41
    Metalloinvest chooses Siemens and Midrex Technology for its new HBI production facility
    Siemens Metals Technologies and consortium partner Midrex Technologies, Inc. signed a contract with the Russian Metalloinvest Company to expand the hot briquetted iron (HBI) production at Lebedinsky Mining and Processing Integrated Works (Lebedinsky GOK) in Gubkin (Belgorod Region, Russia). ...
  • 2012-08-31 17:55:19
    The biggest metal hardware Forum will be held in Moscow during September
    During the 19-20th of September "WIRE - FASTENER'2012" , the 1st All-Russian Conference will open its doors to more than 100 of top-managers and specialists of the companies producing, providing and consuming the wide range of hardware. The main topics which will be covered ...
  • 2012-08-31 13:11:30
    Severstal launches water waste treatment facilities at the Izhora Pipe Mill
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, launches water waste treatment facilities at the Izhora Pipe Mill worth around 75 million rubles. The new equipment enables to recycle clean water, considerably reducing the ...
  • 2012-08-31 10:01:00
    EVRAZ Announces Unaudited Interim Results for H1 2012
    EVRAZ plc announces its unaudited interim results for the six months ended 30 June 2012 (“the Period”). HIGHLIGHTS Six months to 30 June (US$ million) 2012 2011 ...
  • 2012-08-30 10:20:27
    RUSAL hosts XXVII Metal Bulletin International Aluminium Conference in Moscow
    RUSAL, the world’s largest aluminium producer, has become the lead sponsor of the XXVII Metal Bulletin International Aluminium Conference, which will take place on 12-14 September 2012 in Moscow. The Metal Bulletin Conference, the premier international aluminium event, is a leading ...
  • 2012-08-30 10:13:38
    RUTGERS SEVERTAR LLC will complete phase 1 construction work in December, 2012
    RÜTGERS SEVERTAR LLC will complete phase 1 of the projected construction works in December 2012. According to the Project Steering Committee’s commissioning schedule, the pitch storage facility will be realized by December 2012. RÜTGERS SEVERTAR is a Joint Venture between ...
  • 2012-08-29 10:02:00
    TMK ships high-grade line pipes for the Offshore Mining Project in Papua New Guinea
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, has made a shipment of seamless line pipes for offshore mining project. The product will be utilized in the Solwara 1 project of Nautilus Minerals Inc. aimed at extracting seafloor massive sulphide ...
  • 2012-08-29 09:59:54
    The Board recommends Dividend payment for 6 months to 30 June 2012
    The Board of Directors of Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 1.52 rubles (approximately $0.05) per share for the six months to 30 June 2012. Approval of the dividend is expected at the ...
  • 2012-08-28 10:56:25
    MMK Group IFRS Results for Q2 and H1 2012
    HIGHLIGHTS - MMK Group sales for Q2 2012 were USD 2,516 million, up 4% q-o-q. - Cost of sales in Q2 2012 was USD 2,101 million, unchanged q-o-q. - MMK Group operating profit for Q2 2012 was USD 95 million, up almost 3x q-o-q. - EBITDA for Q2 2012 was USD 369 million, up 26% q-o-q. ...
  • 2012-08-28 10:14:13
    Russian President Vladimir Putin hailed valiant work of MMC Norilsk Nickel Miners
    On the eve of Miner’s Day, Honored Miner of Russian Federation title was conferred on four employees of OJSC MMC Norilsk Nickel (hereinafter – the Company). Corresponding decree was signed by Russian President Vladimir Putin on July 12. Awards were given to workers of the ...
  • 2012-08-27 10:27:50
    RUSAL Board approves programme of gradual curtailment of less-efficient capacity
    RUSAL, the world’s largest aluminium producer announces that Company’s Board has approved a long-term phased programme of production optimization aimed at substitution of the less cost-effective smelting capacities with advanced cost-competitive facilities. The programme is ...
  • 2012-08-27 10:23:53
    Norilsk Nickel defended its position in court
    MMC Norilsk Nickel announces that Moscow Arbitration Court rejected UC RUSAL LLC’s claim to find the ruling of FFMS of Russia illegal. According to this ruling, the service rejected UC RUSAL LLC’s request to initiate proceedings against MMC Norilsk Nickel in relation to ...
  • 2012-08-24 10:39:40
    Steelmakers of OMZ-Special Steels cast using siphon method the largest forging ingot weighing 124.2 tons
    For the first time in Russia steelmakers of OMZ-Special Steels cast using siphon method the largest forging ingot weighing 124.2 tons. Casting of steel with siphon method is to improve the quality and cost of the metal ingot by the form of a siphon ingot. When pouring with siphon ...
  • 2012-08-24 10:35:40
    Severstal launches reconstruction of gas-cleaning units at the Cherepovets Steel Mill
    Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, announces that the Cherepovets Steel Mill, one of the world’s largest integrated steelmaking plants and part of the Severstal Russian Steel division, launches the reconstruction of its ...
  • 2012-08-23 10:02:00
    Tubes producers to meet with potential customers
    All the major tubes producers including TMK, OMK, ChTPZ Group, Uraltrubprom as well as some smaller companies will participate in Metal-Expo’2012, 18th International Industrial Exhibition in November in Moscow. Russia assessing WTO will cause the tariff protection of the national ...
  • 2012-08-22 12:39:42
    NLMK expands secondary treatment to add new steel grades
    NLMK, the leading global steelmaking company, today announced that Novolipetsk, its main production site in Lipetsk, has commissioned a 2 mtpy ladle furnace (LF) to produce high-grade steels. This will enable NLMK to manufacture new types of high-quality rolled steels for use in the ...
  • 2012-08-22 10:07:37
    Vladimir Putin congratulated Yakutugol Holding Companys employees on their professional holiday
    Mechel, one of the leading Russian mining and metals companies, reports that Russian President Vladimir Putin spoke through a live video-link with Elga Coal Complex’s employees. As part of a ceremony celebrating Miner’s Day, Vladimir Putin congratulated coal industry workers ...
  • 2012-08-21 10:13:18
    Sulzer Group launches high-tech production to meet “AvtoVAZ” needs
    Switzerland’s Sulzer Group, whose largest shareholder is the “Renova” Group of companies, is launching high-tech production to meet “AvtoVAZ” needs. The respective agreement was signed between the Sulzer Metco-Metaplas thin-film technology division and the OAO ...
  • 2012-08-21 10:00:00
    EVRAZ is granted a license to supply railway wheels to North America
    EVRAZ NTMK has successfully passed another stage of the qualification process to supply wheels to North American railways. Based on laboratory tests, the high quality of grade Н36 railway wheels was confirmed by Association of American Railroads (AAR). On this basis, the North American ...
  • 2012-08-20 12:51:45
    RUSAL to launch innovative wire rod production for cable industry
    RUSAL, the world’s largest aluminium producer, is pleased to announce that the Company's production of rare-earth and transition metals aluminium alloys to create wire rod for the cable industry, has completed the R&D stage, facilities setup and entered production. The ...
  • 2012-08-20 10:07:00
    NLMK creates new position of Executive Vice-President
    NLMK (LSE: NLMK), the leading global steel company, today announced the appointment of Oleg Bagrin, a Member of the Board of Directors and Chairman of the Strategic Planning Committee, to the newly created position of Executive Vice-President. The appointment of a Member of the Board of ...
  • 2012-08-17 10:05:24
    OMZ Special Steels launches the upgraded AKK-12000 forging plant
    OMZ Special Steels, part of OMZ Group, completed full repair of its 12,000 ton-force automated forging plant. The repair included reconstruction of hydraulic system of the plants’ high and low pressure press systems, water recycling system of the power station, power supply systems ...
  • 2012-08-17 10:01:00
    Norilsk Nickel continues cooperation with Rosprirodnadzor as part of ecological programs implementation
    Norilsk Nickel continues implementing programs on production facilities technical upgrading and ecology improvement at the operations in Murmansk region. As part of his visit to the region, Mr. Alexander Malyshevsky, Chairman of Public Council of the Federal Service for Supervision over ...
  • 2012-08-16 10:01:00
    A visit of the Vietnamese delegation
    VSMPO-AVISMA Corporation was visited by the Vietnamese delegation in August. The delegation included members of National Coal, Mineral Industries Holding Corporation (VINACOMIN), which deals with operation and development of resources and minerals in Vietnam, and some government ...
  • 2012-08-16 10:01:00
    Izhorskiye zavody deliver unique equipment for Tuapse refinery
    Izhorskiye Zavody, part of OMZ Group, has delivered three hydrocracking reactors, one of them is unique in dimensions and weights, to Tuapse refinery (enters Rosneft). Hydrocracking reactors for Tuapse refinery are innovative high-tech equipment, designed for deep processing of oil and ...
  • 2012-08-15 10:01:00
    EVRAZ resumes operations of EVRAZ Highveld in South Africa
    EVRAZ announces the restart of operations at EVRAZ Highveld Steel and Vanadium (South Africa) which had been temporarily suspended as a result of an industrial action announced by EVRAZ Highveld’s largest union NUMSA at the end of July. A suitable agreement has been reached between ...
  • 2012-08-15 10:01:00
    NLMK Board of Directors meeting results
    NLMK, the leading global steelmaking company, today announced that the Board of Directors (“the Board”) has set a date for an Extraordinary General Meeting of NLMK’s Shareholders (“EGM”) for October 25, 2012. The meeting will be held in the form of absentee ...
  • 2012-08-14 10:13:00
    MMK sells its stakes in OOO BRU and OOO Rudnik
    MMK announces the sale of its 51% stake in OOO Bakalskoe Iron Ore Management and its 100% stake in OOO Rudnik, which owns a license for the development of the Techenskoe field. MMK sold the stakes to Atop International Ltd on satisfactory terms for both sides. The exact terms of the deal ...
  • 2012-08-14 10:08:01
    Mechel announces payment of dividends based on 2011 fiscal year results
    Mechel, one of the leading Russian mining and metals companies, announces a dividend payment (including taxes) of 7,694,945,433.30 rubles (approximately US $241.2 million), based on the Company’s results for the 2011 fiscal year. Mechel has allocated a total of 7,695,458,505.90 ...
  • 2012-08-13 10:11:00
    Refractory materials producers to participate in Metal-Expo in Moscow
    Technical modernization of the steel industry let alone normal operating of the steel works are impossible without refractories – materials used in blast furnace lining. A number of refractory materials manufacturers including such world leaders of the industry as RHI, Borovichy ...
  • 2012-08-10 10:01:00
    Q2 2012 US GAAP Results (highlights)
    NLMK, the LSE-listed leading steel producer, announces its consolidated US GAAP results for Q2 and 6 months of 2012. espite challenging market conditions NLMK delivered a set of strong operating and financial results. s Q2 sales remained largely flat at 3.8 million tonnes. Q2 revenue grew ...
  • 2012-08-10 10:01:00
    Koks Group updates Butovskaya Mine construction progress
    KOKS Group, the world’s largest exporter of merchant pig iron and a leading producer of merchant coke in Russia, announces that its subsidiary Koks-Mining continues active construction of the Butovskaya mine. Mine tunneling is completed by more than 70%. Since the beginning of 2012 ...
  • 2012-08-09 10:11:24
    Dudinka seaport turns international
    Norilsk Nickel announces that a permanent checkpoint on the State Russian Border for cargo and passengers was officially inaugurated. The opening ceremony was attended by Nikolai Patrushev, Secretary of the Security Council of the Russian Federation, as well as by representatives of the ...
  • 2012-08-09 10:10:03
    Sberbank of Russia opened rub 50 billion 3-year credit line for METALLOINVEST
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announced that Sberbank of Russia has opened two credit lines for Mikhailovsky GOK (a part of METALLOINVEST) totaling RUB 50 billion with a maturity date in three years. METALLOINVEST Deputy CEO and CFO, ...
  • 2012-08-09 10:08:00
    Q2 2012 Operational Results - Clarification
    Further to its announcement of Q2 2012 operational results, EVRAZ plc wishes to clarify the following: In Q3 2012, crude steel production by the Russian steel mills is expected to increase by 2% compared to Q2 2012. In Q3 production volumes will be affected by the following: 1) in ...
  • 2012-08-08 11:16:25
    EVRAZ Q2 2012 operational results (highlights)
    EVRAZ plc released its operational results for the second quarter of 2012. HIGHLIGHTS Q2 2012 vs. Q1 2012: Consolidated crude steel production decreased by 6%, mainly due to scheduled capital repairs, maintenance work and modernisation at Russian steel mills; The share of finished ...
  • 2012-08-08 10:25:22
    Chelyabinsk Zinc Plant announces H1 2012 production results
    Chelyabinsk Zinc Plant, Russia’s largest producer of zinc and zinc alloys, is pleased to announce its production results for the six months ended June 30, 2012. Chelyabinsk Zinc Plant (CZP) produced 81,247 tonnes of salable SHG zinc and zinc basedalloys in H1 2012, a decrease of 1% as ...
  • 2012-08-07 11:48:14
    METALLOINVEST becomes sponsor of FC Zenit
    METALLOINVEST announced that it has become official sponsor of the St. Petersburg-based football club Zenit for the 2012-13 season. Eduard Potapov, Chief Executive Officer of MC METALLOINVEST, commented: “Partnering with Zenit football club is yet another way for our Company to ...
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