Metallurgy news

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  • 2012-06-22 10:01:00
    Severstal North America hosts grand opening of newest steelmaking facilities
    Severstal North America, one of the largest U.S.-based steel producers specializing in the full range of the high quality, light, flat-rolled products, is hosting a Grand Opening celebration of the company’s new steelmaking facilities in Dearborn, Mich. Alexey Mordashov, CEO of OAO ...
  • 2012-06-22 10:01:00
    NLMK ranked second among World's 35 Most Competitive Steelmakers
    NLMK Group, the LSE-listed leading steel producer, was awarded second place in the annual ranking of the 35 most competitive global steel producers. The ranking prepared by World Steel Dynamics, the world’s leading steel information service, was based on 23 parameters including level of ...
  • 2012-06-22 10:01:00
    RUSAL completed the first stage of Aluminium Division West modernization
    RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of the first stage of its Aluminium Division West modernization. The modernization has resulted in a significant increase in the share of value-added products (VAP) across the Company’s three ...
  • 2012-06-21 10:16:26
    Norilsk Nickel announces the result of NordStar’s operations for three years
    MMC Norilsk Nickel informs about implementation progress of own airline project. Three years ago, on June 17 2009, Taimyr Airlines (NordStar trademark) carried out its first flight from Moscow to Norilsk, starting regular flights on two of the most important routes for Norilsk: Norilsk-Moscow ...
  • 2012-06-21 10:12:34
    METALLOINVEST and Chelyabinsk Pipe-Rolling Plant strengthen partnership
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, and Joint Stock Company Chelyabinsk Pipe-Rolling Plant (ChelPipe), intend to broaden their cooperation over the next three years. The parties have agreed to increase the delivery of flat steel products made by ...
  • 2012-06-20 10:24:54
    RUSAL and China Eximbank signed cooperation agreement on new project in Eastern Siberia
    RUSAL, the world’s largest aluminium producer, and the Export-Import Bank of China, one of PRC’s largest financial institutions, have signed a cooperation agreement on RUSAL’s up to the USD850 million greenfield project in Eastern Siberia. The agreement between RUSAL ...
  • 2012-06-20 10:23:02
    EVRAZ Holds Inaugural Investor Day
    EVRAZ announces that it will host its inaugural investor day at 9.00 am in London today. Presentations will be given by certain members of the Board of Directors, including Alexander Abramov (Chairman), Sir Michael Peat (Senior Independent Director) and Alexander Frolov (Chief Executive ...
  • 2012-06-20 10:21:33
    METALLOINVEST ruble bonds added to the Central Bank of Russia Lombard List
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announces that all three series (01, 05 and 06) of its ruble bonds have been included in the Lombard List of the Central Bank of the Russian Federation.The Lombard List comprises the securities that can be used ...
  • 2012-06-19 10:29:48
    En+ Group announces 2011 results
    En+ Group Announces 2011 Results Revenue growth by 12% to $15.3 bn Increased Output Across All Major Product Types Broader resource base in Eastern Siberia Setup of logistics business Stronger positions on key Asian markets First steps towards becoming a public ...
  • 2012-06-19 10:17:48
    Evraz announces results of the Annual General Meeting
    The Annual General Meeting (the ‘Meeting’) of the Company was held on Monday 18 June 2012 at 11.00am. At the Meeting, the ordinary and special resolutions set out in the notice of the Meeting were proposed and passed by way of a poll. Resolutions 18, 19, 20 and 21 were passed as ...
  • 2012-06-18 16:19:04
    N. Presnyakov, head of Steel Structures Research and Engineering Institute named after Melnikov told about the state of things in the construction industry.
    N. Presnyakov, head of Steel Structures Research and Engineering Institute named after Melnikov told about the state of things in the construction industry. - Mr Presnyakov, what is the current state of things in the construction industry and what factors hinder its dynamic ...
  • 2012-06-18 10:30:41
    Norilsk Nickel’s Polar transportation division resumes its operations after spring flood
    Norilsk Nickel announces that in June Polar Transportation Division (PTD) resumed its operations after spring flood. On May 19, 2011 Yenissey river water level rise and sea berths flooding put a stop to winter navigation. Seasonal navigation suspension takes place annually in May ...
  • 2012-06-18 10:28:58
    Results of UC RUSAL’s Annual General Meeting of shareholders
    RUSAL, the world’s largest aluminium producer, announces the results of its 2012 Annual General Meeting of shareholders (AGM) held on 15 June 2012 in Hong Kong. All the proposed resolutions put to shareholders were duly passed including: the Company’s 2011 financial ...
  • 2012-06-15 10:01:56
    Norilsk Nickel develops cooperation with higher education establishments
    Norilsk Nickel (hereinafter referred to as MMC Norilsk Nickel, the Company or the Group) informs that the Company triggered, on June 15, a next in turn phase of corporate program “Professional take-off”. More than 400 students of 3-4 year in technical field from 15 higher ...
  • 2012-06-15 10:01:00
    METALLOINVEST begins construction of oxygen facility at OEMK
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, announces the signing of an agreement with Linde (Austria) to build a new oxygen facility at Oskol Electrometallurgical Plant (OEMK) with a cryogenic air-separation installation with a capacity of at least 20,000 Am3/h ...
  • 2012-06-14 10:16:44
    OMK marking its anniversary with record-breaking achievements
    United Metallurgical Company has produced six million tonnes of large-diameter pipes since early 2005, when Russia's first line for the production of main pipes of 1,420 mm in diameter was put into operation by Vyksa Steel Works. In May, 2012, OMK exceeded its record-breaking production of ...
  • 2012-06-14 10:11:10
    Mechel reports new management appointments
    Mechel, one of the leading Russian mining and metals companies, reports the appointment of Sergei Zhilyakov as the Chief Executive Officer of Mechel Ferroalloys Management. Sergei Zhilyakov was appointed Chief Executive Officer of Mechel Ferroalloys Management. He will be tasked with ...
  • 2012-06-13 10:28:45
    Izhorskiye Zavody successfully completes hydro-testing of hydrocracking reactor for Tuapse refinery
    Izhorskiye Zavody, part OMZ Group, in presence of Russian Federal Service for Ecological, Technical and Atomic Supervision (Rostekhnadzor) successfully completed hydro-testing of second stage hydrocracking reactor for Tuapse refinery. The reactor weighs more than 600 tons. The purpose of ...
  • 2012-06-13 10:26:00
    Mechel reports meeting between Chairman of Mechel’s Board of Directors and President of Minmetals Corporation during Russian President’s State Visit to China
    Mechel, one of the leading Russian mining and metals companies, reports that Mechel’s Chairman of the Board of Directors Igor Zyuzin met with Minmetals Corporation’s President Zhou Zhongshu during Mr. Zyuzin’s trip as part of the Russian delegation in the framework of ...
  • 2012-06-08 10:01:00
    OMZ Special Steels launches new heat-treating furnace
    OMZ Special Steels, part of OMZ Group, has commissioned the new vertical heat-treating furnace. The new furnace is designed to perform heat treatment of billets made of traditional and emerging high-chromium steels with tempering temperature up to 1150°C. The equipment meets all ...
  • 2012-06-08 10:01:00
    Court Refuses to Satisfy the Appeal of MMK
    MMK announces that on June 6, 2012 hearings were held at Arbitration Appellate Court Number 18 (the City of Chelyabinsk) to consider appeals brought by MMK and Flinders Mines Limited in order to discharge the injunction relief order issued by the Arbitration Court of the Chelyabinsk Region in ...
  • 2012-06-07 10:27:35
    International environmental audit successfully passed by NLMK
    Novolipetsk Steel (NLMK) has successfully passed an audit of its Environmental Management System with regard to its compliance with the requirements of international standard ISO 14001:2004, yet another one of the audits regularly conducted in the last ten years. Last week auditors of ...
  • 2012-06-07 10:25:17
    OMZ-Special Steels manufactures sheet products for Russian next gen icebreaker
    OMZ-Special Steels, part of OMZ Group, manufactured sheet products from high strength steel AB2R. The products were approved by Russian Maritime Register of Shipping and shipped to Far East Center of Shipbuilding and Ship Repair. Rolled sheet was produced from ingots, casted by syphon ...
  • 2012-06-06 10:18:37
    VIZ-Stal grows investments in technical upgrades
    In 2012, VIZ-Stal is going to allocate over RUB3.5 bn towards its comprehensive Technical Upgrade Programme for GO (grain oriented) steel production, almost tripling last year’s capex. The ongoing reconstruction is aimed at mastering a new advanced product, improving product quality, ...
  • 2012-06-06 10:16:58
    Severstal announces investment plans for iron ore and coal exploration in 2012
    Severstal, one of the world’s leading steel and steel related mining companies, announces that it will invest approximately $98 million in geological exploration for iron ore and coal projects both in Russia and internationally in 2012. The investments will focus on continuing ...
  • 2012-06-05 10:21:17
    Norilsk Nickel announces the implementation of environmental projects in 2011
    Norilsk Nickel offers its congratulations upon the Ecologist’s Day to all those working for the sake of the environmental protection and wishes further success in their important activities. On this day, the Company summarizes the results of the environmental activities performance in ...
  • 2012-06-05 10:19:48
    EVRAZ has signed a Memorandum of Understanding with Russian Railways
    EVRAZ and Russian Railways have signed a Memorandum of Understanding that outlines 5-year contract that will come into force in 2013, and will be valid through 2017. During that time EVRAZ will supply Russian Railways with rail products worth around 90 billion rubles, to include rails up to ...
  • 2012-06-05 10:18:28
    Severstal developed new steel grades for Kamaz
    Severstal, one of the world’s leading steel and steel related mining companies, developed and got approvals for technical standards related to new steel grades, and organized experimental deliveries of product to OAO Kamaz. The new steel S500МС is identical to Sweden's high-quality ...
  • 2012-06-04 10:52:13
    Renova Group takes control over Kurumoch Airport
    Renova Group of companies, through Kurumoch-Invest controlled by it, acquired 71.18% interest in OJSC Kurumoch International Airport in Samara. The purchase was in line with the plan previously approved by the project investor and OJSC Samara Region Development Corporation. Spectrum, the new ...
  • 2012-06-04 10:47:08
    MMK invests to expand into market for ship-building steels
    MMK is investing in abrasive blast cleaning equipment for rolling shop no. 9, which houses its 5,000mm Plate Mill. This will allow MMK to produce AB2-1 and AB2-2 shipbuilding steels, which have to undergo thorough surface cleaning on both sides. In early 2012, MMK signed a contract for ...
  • 2012-06-04 10:45:12
    Russian Federation’s Industry and Trade Minister visits Chelyabinsk Metallurgical Plant
    May 30, 2012 – Mechel, one of the leading Russian mining and metals companies, reports the visit of Russian Federation’s Industry and Trade Minister Denis Manturov to the construction site for Chelyabinsk Metallurgical Plant OAO’s universal rolling mill. Russian ...
  • 2012-05-25 11:40:41
    Metal-Expo’2012 exposition has been almost fully arranged
    A session of the Organizing Committee of Metal-Expo’2012, the biggest in Russia, the CIS, and Eastern Europe event for metal and steel industry was held yesterday in Moscow. The Management of Metal-Expo has entered the final stage of exposition arranging. This year the number of ...
  • 2012-05-25 11:15:00
    Severstal reports Q1 2012 financial results
    CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 MARCH 2012 $ million, unless otherwise stated Q1 2012 Q4 20111 Change, % Q1 ...
  • 2012-05-25 10:20:57
    Chelyabinsk Zinc Plant to hold Annual General Meeting on June 27, 2012
    The Board of Directors of JSC Chelyabinsk Zinc Plant adopted a decision to hold an Annual General Shareholders’ Meeting of JSC CZP on June 27, 2012. Shareholders can participate in the meeting personally or submit voting ballots which will be counted for the purposes of the ...
  • 2012-05-25 10:01:00
    Norilsk Nickel contributes to development of air transportation system in Siberia
    Norilsk Nickel announces that a project aimed at the development of regional and interregional transportation by Taimyr Airlines (trade mark - NordStar Airlines) is in progress. A year ago, on May 20, 2011 NordStar Airlines started to operate ATR 42-500 aircrafts and launched a number of new ...
  • 2012-05-24 10:01:53
    Butovskaya mine construction
    A new belt conveyer has been put into operation at the conveyer coal heading A-7 of the Butovskaya mine (а subsidiary of OOO Koks-Mining). Unlike the scraping transporters SR-70 which was used at the mine before, this new belt conveyer will be operated with higher productivity rates and ...
  • 2012-05-24 10:01:00
    Agenda for Severstal Annual General Meeting and recommendation of Q1 2012 dividend payments
    Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that the Board has approved the following agenda for the 2011 AGM to be held in Cherepovets, Russia on 28 June 2012: - Re-election of the members of the Board of ...
  • 2012-05-23 10:01:00
    EVRAZ to be included in MSCI UK index
    EVRAZ announces its inclusion in the MSCI United Kingdom Index, a constituent of the MSCI Global Standard Indices. The change will be implemented as of the close of 31 May 2012. EVRAZ was admitted to trading on the Main Market of the London Stock Exchange on 7 November 2011 and began ...
  • 2012-05-23 10:01:00
    NLMK appoints new vice-president for procurement
    NLMK announces the appointment of Mr Brijesh Garg to the newly created position of Vice-President, Procurement. This appointment will improve the efficiency and operational flexibility of the Group's management structure. In his new role, Mr Brijesh Garg will coordinate and oversee ...
  • 2012-05-22 10:01:41
    OMZ Special Steels to produce new generation high-chromium rotors
    OMZ Special Steels, part of OMZ Group, signed a contract with Chinese company Shanghai Electric Power Generation Equipment on delivery of new generation high-chromium rotors, each weighing 18 tonnes. Deliveries are scheduled to complete in the second quarter of 2013. New generation ...
  • 2012-05-22 10:01:00
    TMK ships casing with ULTRATM Premium Connections to Gazprom
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, has made a shipment to Gazprom of casing with ULTRA-FJTM Premium Connections that were developed by the Company's American division and produced at Orsky Machine Building Plant (Russia), which is a ...
  • 2012-05-21 10:01:55
    NLMK wins IR Global Rankings’ “Best Financial Disclosure” award
    As part of 2012 Best Ranked Companies in North America and Europe, IR Global Rankings (IRGR), a comprehensive technical ranking system for investor relations websites, corporate governance practices and financial disclosure procedures, has awarded NLMK for the “Best Financial ...
  • 2012-05-21 10:01:00
    Fitch affirms MMK BB+ rating
    Rating agency Fitch Ratings affirmed company's Long-Term (LT) Issuer Default Rating (IDR) at BB+, Short-term (ST) IDR at ‘B’, Local Currency LT IDR at ‘BB+’, National LT Rating at ‘AA(rus)’. The ratings outlook was changed to negative from stable. In ...
  • 2012-05-18 10:02:49
    NLMK wins 1st place in Russian Webranking
    NLMK Group’s corporate website (www.nlmk.com) won 1st place in the Russian KWD Webranking (King Worldwide), climbing four notches from 2010 to become best Russian company in online financial communications. The Webranking study includes 950 websites in 40 countries whereof the 33 ...
  • 2012-05-18 10:01:00
    OMZ Special Steels upgrades steelmaking equipment
    OMZ Special Steels, part of OMZ Group, commissioned the upgraded horizontal and vertical stands of ladle heating at its steelmaking shop. Modern horizontal and vertical stands of ladle heating can reheat ladle lining up to 1,200°C before smelting and to maintain its temperature not ...
  • 2012-05-17 10:01:49
    Severstal to supply coking coal and iron pellets to Rautaruukki
    Karelsky Okatysh and Vorkutaugol, managed by Severstal Resources Mining Division, will be supplying the production facilities of the of Finish company Rautaruukki with coking coal and iron ore pellets over the coming 3 years. The Division’s deliveries will meet about 20% of the ...
  • 2012-05-17 10:01:00
    OMZ Specialsteel continues its works on Ledohod program
    OMZ Specialsteel, part of OMZ Group, has developed a fundamental technological scheme for production of sheet metal from the newest high-alloyed cold-resistant arc-steels with yield strength 500, 620 and 690 MPas. The works were conducted under the contract with Central Research Institute of ...
  • 2012-05-16 10:01:00
    Interim management statement for Q1 ended 31 March 2012
    EVRAZ issued its first interim management statement for 2012 in accordance with DTR 4.3. Compared to the previous interim management statements issued by the Company, the format of this statement has been aligned to meet the requirements of the DTR 4.3 and to reflect existing practices of ...
  • 2012-05-16 10:01:00
    The Court of Hamburg rules to ban distribution of Nikolay Maximov's false allegations
    The Court of Hamburg has issued a ruling banning the publication of Nikolay Maximov’s false claims made in an interview to the German business weekly Wirtschaftswoche in December 2010. The Court analyzed the interview and found no evidence in favor of Mr Maximov’s ...
  • 2012-05-15 10:24:45
    Norilsk Nickel grants apartments to more than 1000 employees
    Norilsk Nickel announces that by May 1009 employees of Norilsk Nickel Group (Polar Division, Polar Transportation Division and OJSC Kola MMC) have been granted apartments as part of implementation of Nash Dom program. At the initial stage of the program, in 2010, MMC Norilsk Nickel was ...
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