Metallurgy news

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  • 2012-04-06 10:27:48
    Mechel closed books on placement of stock bonds at total sum of 15bn rubles
    Mechel, one of the leading Russian mining and metals companies, announces the successful closure of the books for the placement of its BO-05, BO-06, BO-07, BO-11 and BO-12 series bonds. On April 4, 2012 Mechel closed the books for the placement of its BO-05, BO-06, BO-07, BO-11 and BO-12 ...
  • 2012-04-05 10:18:15
    Results of meeting of Board of Directors of MMC Norilsk Nickel
    The regular in-person meeting of the Board of Directors of OJSC MMC Norilsk Nickel took place. The following resolutions were adopted. The Board of Directors approved the list of nominees proposed for voting at the Annual General Meeting of MMC Norilsk Nickel by shareholders owing not ...
  • 2012-04-05 10:15:41
    Severstal receives US$360M outstanding debt repayment from Nordgold
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, has received a debt repayment of US$360 million from Nord Gold N.V. (“Nordgold”) (LSE: NORD). This repayment completes all debt arrangements between Severstal and ...
  • 2012-04-05 10:13:20
    Mechel receives Russia-Korea Business Award in Best Corporation Category
    Mechel, one of the leading Russian mining and metals companies, announces winning Russia-Korea Business Awards’ Best Corporation nomination. The award ceremony was held on April 3, 2012, in Seoul. The ceremony was attended by Russian Federation’s Deputy Minister for Economic ...
  • 2012-04-04 10:25:57
    RUSAL to receive refund of EU anti-dumping duties
    RUSAL, the world’s largest aluminium producer, announces that the European Commission has considered legitimate RUSAL’s claim for a refund of anti-dumping duties paid in 2008 on imports of silicon metal from Russia to the EU by the Company’s silicon producers, SKU LLC and ...
  • 2012-04-04 10:24:07
    Cherepovets Steel Mill Plans to increase investments in environmetal activities to1.25bn rubles in 2012
    ОАО Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its Cherepovets Steel Mill, part of the Severstal Russian Steel Division and one of the world's largest standalone integrated steelworks by capacity, plans to push up ...
  • 2012-04-04 10:20:56
    EVRAZ Announces Preliminary Unaudited Financial Results for 2011
    EVRAZ announces its preliminary unaudited financial results for the year ended 31 December 2011. 2011 Highlights: Financials: Consolidated revenue US$16,400 million (+22% vs. 2010) Consolidated adjusted EBITDA US$2,898 million (+23%) Net profit US$453 million (-4%) ...
  • 2012-04-03 10:35:47
    Chelyabinsk arbitration court issued order restraining MMK from implementing MMK Board of Directors’ Resolutions
    Open Joint Stock Company Magnitogorsk Iron and Steel Works (OJSC MMK) announced that on April 2, 2012 it was notified that a minority shareholder of OJSC MMK, Ms. Elena Egorova, brought an action to the Arbitration Court of Chelyabinsk Region (city of Chelyabinsk, Russian Federation) on March ...
  • 2012-04-03 10:33:20
    Severstal North America debuts its new culvert mobile application
    Severstal North America introduced its new Culvert mobile application. The app is an innovative, easy-to-use tool designed to help corrugated steel pipe (CSP) professionals work faster and smarter. It is now available for Apple iOS and Android devices. Developed in conjunction with the ...
  • 2012-04-02 10:38:36
    MMC Norilsk Nickel precedes developing territories of its presents
    MMC Norilsk Nickel is summing up the results of its participation in the long-term target program of Krasnoyarsk Territory on relocation of citizens of Norilsk and Dudinka to more favorable regions of the country. The program in line with the postulates fixed in the Quadripartite ...
  • 2012-04-02 10:35:41
    The most powerful excavator in Russia launched by IZ-KARTEKS
    Krasnobrodskiy coal strip mine successfully launched operations on its new EKG-32R excavator, produced by IZ-Karteks, which enters OMZ Group. EKG-32R has bucket capacity of 32 cubic meters and weighs 950 tonnes and is the most powerful “face power shovel”-type in the history ...
  • 2012-04-02 10:32:15
    Mechel reports resumption of work at Otelu Rosu Plant
    Mechel, one of the leading Russian mining and metals companies, reports that smelting production at Ductil Steel Otelu Rosu plant in Romania has resumed. Operations at Otelu Rosu’s smelting workshop, which were temporarily halted due a contingency situation following a malfunction ...
  • 2012-03-30 00:16:04
    Automotive fasteners demand can grow in Russia
    Several car plants could be built in Russia in the coming years. For example, Fiat-Chrysler plans to invest 32 billion rubles to build a plant in St. Petersburg. It is assumed that the new plant will be able to produce up to 120 thousand cars per year. Its rival Volkswagen is considering ...
  • 2012-03-23 10:55:33
    Izhorskiye Zavody complete check assembly of the reactor vessel internals for Belene Nuclear Power Plant
    Izhorskiye Zavody, part of OMZ Group, has successfully completed check assembly of VVER-1000 reactor vessel for the first power-generating unit at Belene NPP (Bulgaria). The results were checked by the commission composed of representatives from Belene, Hydropress Bureau, CJSC ...
  • 2012-03-23 10:51:26
    Andrey Klishas appointed member of the Federation Council
    MMC Norilsk Nickel (hereinafter referred to as MMC Norilsk Nickel or the Company) informs that Andrey Klishas, President of the Company, turned in on March 19 a resignation request due to a transfer to another appointment. By the Order of the Governor of Krasnoyarsk Region, Andrey Klishas is ...
  • 2012-03-22 10:09:05
    OMZ-Special Steels upgrades its 6000 ton-force utomatic forging plant
    OMZ-Special Steels, part of OMZ Group, launched upgrade of its 6000 ton-force automatic forging plant AKK 6000 ts. Modernization of the AKK 6000 ts will be made in complex with major overhaul of all components and systems equipment. The combination of modernization and overhaul to avoid ...
  • 2012-03-22 10:07:35
    TMK IPSCO begins development of new premium facility in Canada
    TMK IPSCO, the North American division of global pipe manufacturer TMK, has begun development of a new 33,000 square-foot pipe threading and service facility in Edmonton, Alberta, Canada. The state-of-the-art production equipment at the facility will thread a full range of ULTRA™ ...
  • 2012-03-21 10:22:08
    Izhora Pipe Mill completes upgrade project worth over RUR 82M
    OAO Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its pipe production unit, the Izhora Pipe Mill (IPM), which specializes in the manufacture of large diameter pipes from strips produced by the Cherepovets Steel Mill, ...
  • 2012-03-21 10:16:03
    Mechel reports successful installation of new electric furnace at Bratsk Ferroalloy Plant
    Mechel, one of the leading Russian mining and metals companies, announces that a ferroalloy electric furnace was installed and the first smelting of ferrosilicon conducted as part of modernization of Bratsk Ferroalloy Plant of the group’s ferroalloys division. This is the first ...
  • 2012-03-20 10:28:33
    Metalloinvest announces the pricing of a 25 billion ruble bond issue
    Metalloinvest, a leading global iron ore and HBI producer based in Russia, today announces the pricing of a 25 billion ruble bond issue. On March 15, 2012 Metalloinvest Holding Company JSC closed the books for the placement of its debut non-convertible interest-bearing documentary bonds ...
  • 2012-03-20 10:25:51
    Norilsk Nickel selects contractors for modernization of power generation facilities
    Norilsk Nickel (hereinafter referred to as MMC Norilsk Nickel, the Company or the Group) speeds up modernization of the Company’s electrical power generation facilities located in Norilsk Industrial Area. From the beginning of this year, the Group has posted seven tenders for selection ...
  • 2012-03-20 10:22:17
    TMK starts commercial production of super-chrome steel seamless pipe with premium connections
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, started production of casing made of super-chrome steel. The pipes, manufactured for Gazprom, are threaded with TMK GF premium connections. Pipes made from 13-Chrome steel have unique mechanical ...
  • 2012-03-19 10:54:42
    Sual Partners statement regarding decision of Rusal Board of Directors to elect new Chairman of the Board
    Sual Partners, which owns 15.8% stake in UC Rusal, said today that the decision by the Board of Directors of UC Rusal to elect a new Chairman of the Board Barry Cheung was rushed and non-optimal from the standpoint of the long-term interests of the company. "The company should have ...
  • 2012-03-19 10:46:43
    Cherepovets Steel Mill reduced steelmaking energy consumption by 25% since the Energy Saving Program Started
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its Cherepovets Steel Mill, part of the Severstal Russian Steel Division and one of the world's largest standalone integrated steelworks by capacity, reduced specific ...
  • 2012-03-16 12:15:17
    OMZ-Special Steels launches mounting of the new lathe with capacity of 250 tons
    OMZ-Spesial Steels, part of OMZ Group, launches mounting of the new SR 4 -330/20m-type lathe for processing workpieces weighing up to 250 tons. The equipment was delivered by Skoda machine tool (Czech Republic) under the contract with OMZ-Special Steels. The cost of the equipment is 300 ...
  • 2012-03-16 12:12:44
    Metal Supply & Sales focusing on international markets
    A special English-language issue of Metal Supply & Sales under the headline: Outlooks and Prospects of Tubes, Steel and Non-Ferrous Markets has just been released. The issue includes Russian ferrous and non-ferrous markets reviews in the light of the global production in 2011 as well as ...
  • 2012-03-15 10:17:15
    Victor Vekselberg resigns as the Chairman of the Board of Directors of Rusal
    Victor Vekselberg, Chairman of Renova Group of Companies, in his letter to the members of the Board of UC Rusal Plc today announced his resignation from the position of Chairman of the Board which he has held since the creation of the Company in 2007. Mr. Vekselberg also tendered his ...
  • 2012-03-15 10:10:35
    OMZ-Special Steels upgrades ladle metallurgy and liquid steel degassing facility
    OMZ-Special Steels, part of OMZ Group, launcjed modernization of its ladle metallurgy and liwuid steel degassing facility UVRV-1, produced by swedish ASEA-SKF. The upgrade costs 314 million roubles. The equipment, necessary for modernization, is delivered by STG Group Spa (Italy). The ...
  • 2012-03-14 10:28:59
    Gestamp Severstal Vsevolozhsk ranks highest among suppliers of components to Ford automaker
    Gestamp Severstal Vsevolozhsk*, a joint project of Severstal and Gestamp Automocion for the manufacture of automotive metal components has been awarded the highest production quality standard - Q1 (Quality 1) by Ford. Q1 Supplier’s Status is a set of requirements and standards ...
  • 2012-03-14 10:26:19
    Mechel reports Yakutugol receiving subsoil licenses for research and extraction of iron ore in Yakutia
    Mechel, one of the leading Russian mining and metals companies, announces receiving subsoil licenses for researching, investigating and extracting iron ore in the Sutamsky area and in the Sivaglinsky deposit, both located in the Republic of Sakha (Yakutia)’s Neryungri region. The ...
  • 2012-03-13 10:16:00
    OMZ-Spetsstal launches high-powered bandsaw
    OMZ-Spetsstal, part of OMZ Group, completed mounting and startup of the new UZAY 2200-type high-powered bandsaw. The bandsaw is designed for cutting workpieces weighing up to 200 tons, with a diameter of 2,200 millimeters on a 9 meter length table. It is designed for topping and product ...
  • 2012-03-13 10:13:00
    Mechel reports suspension of smelting production at Otelu Rosu
    Mechel, one of the leading Russian mining and metals companies, reports that smelting production at Otelu Rosu has been temporarily halted due to a contingency situation. Ductil Steel Otelu Rosu plant’s electric arc furnace #2 was halted on March 10 due to technical reasons. As a ...
  • 2012-03-12 10:20:00
    TMK’s Premium Connections passed tests for 100% gas-tightness
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, announces that tests of TMK PF ET premium connections have been successfully conducted at Oil States Industries international testing center (Aberdeen, UK). The tests were aimed at determining ...
  • 2012-03-12 10:18:00
    OMZ-Spetsstal completes production of hydroturbine shafts for Sayano-Shushenskaya Hydro Power Plant
    OMZ-Spetsstal completes production of hydroturbine shafts for Sayano-Shushenskaya Hydro Power Plant OMZ Spetsstal, part of OMZ Group, has completed the production of hydraulic turbine shafts for Sayano-Shushenskaya HPP. The last shaft was delivered to OJSC Silovye mashiny. This shaft is ...
  • 2012-03-07 10:29:45
    Rusal's statement in relation to State Duma deputy comments
    The company finds it necessary to make the following statement following comments made by the State Duma deputy, Andrei Krutov, aimed at discrediting UC RUSAL. Andrei Krutov’s recent and frequent comments in relation to UC RUSAL are distorted and incorrect and clearly demonstrate ...
  • 2012-03-07 10:20:35
    Mechel announces changes in management of Group’s Power Division
    Mechel, one of the leading Russian mining and metals companies, announces the appointment of the new Chief Executive Officer of Mechel-Energo OOO. Yuri Yampolsky, 57, who was appointed the new Chief Executive Officer of Mechel-Energo OOO, replaces Anatoly Chernakov, who was acting chief ...
  • 2012-03-06 10:17:51
    Izhorskie Zavody become wins “Made in Russia” contest
    Izhorskie Zavody, part of OMZ Group, won “Made in Russia” 2011 award. Izhorskie Zavody submitted for the competition its R-0101 reactor for 4100 hydrocracking unit. Hydrocracking reactors R-0101 and R-0102 were manufactured in 2010 for OAO TANEKO, which builds an oil refinery ...
  • 2012-03-06 10:15:41
    NLMK expands its ladle metallurgy facilities
    NLMK has commissioned a new 4 mtpy RH vacuum degasser intended for achieving high-quality of steel before casting at continuous casting machines. Due to this project with the total investment of about RUR 3.9 bn the company's rolling assets in Russia and Europe will be covered by high-quality ...
  • 2012-03-05 10:27:59
    Severstal announces EGM
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that the Board of Directors has called an EGM to be conducted by absentee voting on April 10, 2012. The following agenda for the EGM was approved by the Board: ...
  • 2012-03-05 10:16:19
    TMK ships LDP for South Iolotan Field in Turkmenistan
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, ships longitudinally welded large diameter pipe (LDP) for use in transporting natural gas from Turkmenistan’s largest gas field, the South Iolotan field. To meet the customer’s ...
  • 2012-03-02 10:17:56
    Mechel reports opening ceremony for quality steel producing complex at Chelyabinsk Metallurgical Plant
    Mechel, one of the leading Russian mining and metals companies, reports that a ceremony was held to launch the first line of Chelyabinsk Metallurgical Plant’s universal rolling mill — a complex producing quality steel. JSC Russian Railways’ President Vladimir Yakunin, ...
  • 2012-03-02 10:16:25
    ITER delegation visits Izhorskie Zavody
    Izhorskie Zavody, part of OMZ Group, hosted a delegation of ITER International Organization (ITER - a project of International Thermonuclear Experimental Reactor) and Federal State Unitary Enterprise D.E. Efremov Scientific Research Institute of Electrophysical Apparatus (NIIEFA). During ...
  • 2012-03-01 10:45:22
    Norilsk Nickel canalizes this year more than rub17 bln for re-equipment
    NORILSK NICKEL notifies that in 2012 the Company’s investments into re-equipment of basic national production premises run up to RUB17,1 BLN which is 2,3 times as much as the money spent in 2011. The Polar Division will disburse RUB14,4 BLN to replace the out-of-repair equipment, ...
  • 2012-03-01 10:40:50
    Mechel reports successful certification of Tikhvin Ferroalloy Plant’s Environment Management System as compliant with ISO 14001
    Mechel, one of the leading Russian mining and metals companies, reports that the environment management system at Tikhvin Ferroalloy Plant, which is part of Mechel’s ferroalloys division, was certified as compliant with the international ISO 14001 standard. The certificate was ...
  • 2012-02-29 10:15:21
    RUSAL's NAZ completes first modernization stage
    RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of the first stage of its Nadvoitsy aluminium smelter’s (NAZ) modernization and the increase in alloys production due to the smelter’s revamping programme. The investments at the first stage ...
  • 2012-02-29 10:14:02
    VIZ-Stal receives steam reforming equipment
    VIZ-Stal has received equipment for the construction of a steam reforming facility that will replace the more expensive electrolysis method used during the process of electrical steel production. The new facility will be used to produce hydrogen by reforming natural gas. Once it is ...
  • 2012-02-29 10:11:21
    Severstal proceeds with the transfer and cancellation of treasury shares obtained during the Nordgold separation
    Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, confirms its previously-announced intention to cancel 170 million out of the approximately 193 million Severstal treasury shares currently held by Lybica Holding B.V. ("Lybica"), a ...
  • 2012-02-28 10:22:46
    Renova Group signed Investment Agreement for development of Kurumoch International Airport
    An investment agreement related to the project of construction оf a new air terminal complex, overhaul and upgrade of engineering systems and utilities of Kurumoch International Airport and its operation has been signed today in Moscow at the Representative Office of the Samara Region ...
  • 2012-02-28 10:18:47
    Izhorskiye Zavody launches check assemble of reactor with internals for Bolgarian Belene NPP
    Izhorskiye Zavody, part of OMZ Group, launched check assemble of the reactor vessel VVER-1000 for the first energy unit at Belene NPP (Bulgaria). This manufacturing operation at the factory was conducted on a special test stand in order to dock the most important pieces of NPP equipment ...
  • 2012-02-28 10:16:32
    Mechel reports suspension of coal mining at Southern Kuzbass Coal Company’s New-Olzherassk Underground Mine
    Mechel, one of the leading Russian mining and metals companies, announces that coal mining at Southern Kuzbass Coal Company OAO’s New-Olzherassk Underground mine’s long wall face # 21-1-7 has been temporarily halted due to coal self-heating. High levels of carbon monoxide ...
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