Metallurgy news

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  • 2012-01-18 10:35:27
    RUSAL successfully completes discussions regarding amendments to the terms of its credit facilities
    RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of negotiations with its lenders regarding an option to introduce a covenant holiday in 2012-2013. RUSAL has agreed with its lenders to amend the current terms of the credit facilities to better ...
  • 2012-01-18 10:30:29
    EVRAZ Q4 2011 and FY 2011 operational results
    EVRAZ released its operational results for the fourth quarter of 2011 and full year 2011. FY 2011 HIGHLIGHTS: Crude steel production grew by 3% compared to FY2010 mainly due to an increase in volumes in the Czech Republic, resulting from the resolution of a pricing dispute with a ...
  • 2012-01-17 10:15:55
    New furnace launched at OMZ-Special Steels
    OMZ-Special Steels, part of OMZ Group, has launched the brand new heating furnace №31 of №47 fabrication department. During the modernization automation of heating was carried out alongside replacement of the burners and application of new thermal insulation materials. As a result of ...
  • 2012-01-17 10:12:39
    Mechel reports changes in Mecheltrans Management
    Mechel, one of the leading Russian mining and metals companies, reports the appointment of Oleg Vasechko as Chief Executive Officer of Mecheltrans Management Company OOO. Oleg Vasechko, who until now worked as deputy chief executive officer, was appointed Chief Executive Officer of ...
  • 2012-01-16 10:15:56
    Severstal announces on behalf of Lybica results of Exchange for Nordgold GDRs
    Severstal announces on behalf of Lybica the results of the Exchange for Nordgold GDRs On 30 November 2011, OAO Severstal (“Severstal”) announced the exchange by its wholly owned indirect subsidiary, Lybica Holdings B.V. (“Lybica”), of the global depositary ...
  • 2012-01-13 10:02:00
    Mechel reports finishing laying railway tracks to Elga Coal Complex
    Mechel, one of the leading Russian mining and metals companies, announces that it has finished laying tracks along the entire route of the railway link from Ulak station to the Elga coal deposit which is being developed by Mechel Mining's subsidiary, Yakutugol Holding Company. The last ...
  • 2012-01-13 10:01:00
    New appointment at MMK
    To improve corporate governance at the MMK company Ruslan Pakhomov has been appointed Strategic Development Advisor Mr. Ruslan Pakhomov, born 1970, holds an engineer’s degree from the Bauman Technical University (Moscow, Russia). He had spent most of his career at GE in Russia ...
  • 2012-01-12 10:01:00
    Izhorskie Zavody concludes contract with Mostootryad 19 on delivery of steel structures for Western Speed Diameter
    Izhorskie zavody, part of OMZ Group, won the tender and signed a contract with OJSC Mostootryad 19 for the manufacture of steel structures for the construction of the third and fifth bursts of Western Speed Diameter (ZSD). In accordance with the contract Izhorskie zavody produced welded ...
  • 2012-01-12 10:01:00
    Severstal North America to undertake feasibility study for reduced iron facility in Trinidad and Tobago
    Severstal North America, one of the largest US-based steel producers and a wholly-owned subsidiary of OAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announced that it entered into a Memorandum of Understanding (MOU) with the National Gas ...
  • 2012-01-11 10:19:18
    NLMK expands slab casting capacity
    The first slabs have been successfully cast at Novolipetsk’s (NLMK’s main production site in Lipetsk) newly revamped 1 mtpy vertical continuous casting machine (CCM-3). Following the revamp, CCM-3 capacity increased by 300 ktpy due to higher casting rates and shorter periods ...
  • 2012-01-11 10:15:52
    Result of Extraordinary General Meeting (EGM)
    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 30 December 2011. The following resolutions were approved by Severstal's shareholders at the EGM: ...
  • 2012-01-10 10:58:30
    Voting Rights and Capital as at 30 December 2011
    This announcement is made in accordance with DTR5.6.1 As at 30 December 2011 EVRAZ plc’s issued share capital consists of 1,337,560,713 Ordinary Shares of US$1.00 each. The total number of voting rights attaching to the Ordinary Shares of EVRAZ plc is therefore 1,337,560,713. ...
  • 2012-01-10 10:51:47
    Norilsk Nickel has approved the Budget for 2012
    The Board of Directors OJSC MMC Norilsk Nickel by a majority of votes has approved key parameters of the Company’s budget for 2012. The Budget approval is the first step in realization of the Company’s production and technical development strategy till 2025. The budget of ...
  • 2011-12-27 10:56:07
    MetalTransLogistics to be held during Metal-Expo’2012
    On December 23 Russian Steel’s Committee for Transportation supported the idea of holding MetalTransLogistics, an exhibition for transportation and logistics for mining and metallurgical complex within Metal-Expo’2012. The idea had been previously discussed at the meeting of ...
  • 2011-12-27 10:17:53
    Nikolaev alumina refinery reached record production level
    RUSAL’s Nikolaev alumina refinery has delivered a record annual production level of 1.6 million tonnes of alumina during 2011. These record levels were reached following a USD350 million CAPEX programme that has been undertaken at the refinery since 2000, resulting in significant ...
  • 2011-12-26 10:11:51
    Severstal commissions second color-coating line to double output of coated hot dip rolled products
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its steel production unit, the Cherepovets Steel Mill, today commissioned its second color-coating line (CCL-2). The total investment in the second line is more than ...
  • 2011-12-26 10:09:53
    Mechel announces acquisition of Donetsk Electrometallurgical Plant
    Mechel, one of the leading Russian mining and metals companies, announces closure of the transaction for the acquisition of 100% of the shares of Donetsk Electrometallurgical Plant (DEMZ AO). On December 23, 2011, Mechel completed the acquisition of 100% of Donetsk Electrometallurgical ...
  • 2011-12-23 11:18:54
    RUSAL approves nanocoatings from RUSNANO Project Company ItN Nanovation
    RUSAL, the world’s largest aluminium producer, and RUSNANO announce that RUSAL’s IRKAZ, an aluminium smelter based in Irkutsk, and specialists from RUSAL’s Engineering and Technology Center, have successfully tested Nanocomp Metcast, nanocoatings developed by RUSNANO’s ...
  • 2011-12-23 10:43:21
    EVRAZ to upgrade Pueblo Rail operations
    EVRAZ announced plans to upgrade its Pueblo, Colo. (United States) rail facility. The upgrades are primarily focused on product quality and operational improvements and are also intended to expand head hardened rail manufacturing capacity. “As North American rail companies ...
  • 2011-12-23 10:39:57
    Mechel launched coke-oven Battery #5 at Mechel-Coke
    Mechel, one of the leading Russian mining and metals companies, announces the launch of the reconstructed coke-oven battery #5 at Mechel Mining OAO’s subsidiary Mechel-Coke OOO. The launch of the facility means that all of Mechel-Coke OOO’s eight coke-oven batteries are now ...
  • 2011-12-22 10:21:21
    Norilsk Nickel to modernize Nadezhda Metallurgical Plant
    Norilsk Nickel announces the start of Nadezhda Metallurgical Plant (NMP) modernization program, which will be implemented as part of the Group’s 2025 production and technical development strategy (approved by the Board of Directors on October 27). The goal of NMP modernization is ...
  • 2011-12-22 10:07:00
    TMK premium connections receive ISO 13679 CAL IV certification
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that qualification tests of TMK PF premium connections have been successfully held in accordance with the ISO 13679 CAL IV standard. The tests were conducted at the Oil States ...
  • 2011-12-22 10:03:00
    Mechel reports changes in Mechel-Energo management
    Mechel, one of the leading Russian mining and metals companies, reports the appointment of Anatoly Chernakov as the acting Chief Executive Officer of Mechel-Energo OOO. Anatoly Chernakov has worked as deputy chief executive officer and chief engineer until his appointment as ...
  • 2011-12-21 10:01:00
    Izhorskiye Zavody finished production of equipment for Russian NPPs
    Izhorskiye Zavody, part of OMZ Group, finished producing equipment for Russian Nuclear Power Plants, which are under construction. The company completed shipment of equipment for the reactor building of the first unit of the Leningradskaya NPP-2: unbolt device for flanged connectors for ...
  • 2011-12-21 10:01:00
    Hot tests of concentrate drying complex start at Lebedinsky GOK
    "Hot tests" of the concentrate drying complex start at Lebedinsky iron ore production facility (LGOK). The tests are a part of the long-term investment project to increase the production of dried concentrate at LGOK. Dried concentrate is highly demanded in the market of iron ...
  • 2011-12-20 10:27:49
    RUSAL and SFU develop unique equipment to produce alloys for new generation of electric cables
    RUSAL, world’s largest aluminium producer, is pleased to announce that RUSAL’s Engineering and Technology Center jointly with Siberian Federal University created a technology to produce aluminium alloys containing rare earth metals and transition materials, as well as developed ...
  • 2011-12-20 10:15:10
    Mechel announces launch of Universal Rolling Mill’s first line at Chelyabinsk Metallurgical Plant
    Mechel, one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill’s first line — the blooming concaster #5 at Chelyabinsk Metallurgical Plant’s oxygen converter shop. The blooming concaster #5 with an annual capacity of ...
  • 2011-12-19 10:12:19
    NLMK closes the order book for its RUR10 billion bond issue series BO-02, BO-03
    NLMK, a leading Russian steel company, is pleased to announce the closure of the order book for its bond issue series BО-02, BО-03 with a nominal value of RUR1000 per bond. These series have a total value of RUR10 billion and a maturity period of 1092 days (3 years). In the course of ...
  • 2011-12-19 10:01:00
    Izhorskiye Zavody wins tenders on delivery of equipment to Russian NPPs
    Izhorskiye Zavody, part of OMZ Group, won several tenders for the supply of primary circuit equipment for Russian nuclear power plants under construction: the 4-th unit for Rostovskaya NPP and 2 units for Baltiyskaya NPP. Izhorskiye Zavody will manufacture and supply to the 4th unit of ...
  • 2011-12-16 13:46:35
    RUSAL announces results for Q3 ended 30 September 2011
    RUSAL, the world's largest aluminium producer, announces its results for the third quarter ended 30 September 2011. Key highlights Revenue increased by 16.8% to USD3,162 million for the three months ended 30 September 2011, as compared to USD2,708 million for the same period of ...
  • 2011-12-16 10:21:23
    Metalloinvest Management Company had its ISMS recertified to comply with international standard requirements
    Metalloinvest Management Company carried out recertification of its information security management system (ISMS) to comply with requirements of ISO/IEC 27001:2005 standard. The accredited auditor ZAO Bureau Veritas Certification Rus’ extended the term of certification of ISMS for ...
  • 2011-12-16 10:15:40
    Severstal wins exploration and extraction rights for the N1 coal field at Usinskoe deposit
    Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its coal production unit, OAO Vorkutaugol, has today won exploration end extraction rights for the N1 coal field at the Usinskoe deposit in the Komi region, Russia. The ...
  • 2011-12-15 09:45:44
    TMK and Lukoil sign agreement on pipe supplies for 2012
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and Lukoil, one of the largest global vertically integrated oil and gas companies, have signed an agreement on pipe supplies for 2012. Under the agreement, TMK guarantees to supply 100% of ...
  • 2011-12-15 09:42:23
    EVRAZ consolidates its European steel business
    EVRAZ plc and EVRAZ Group S.A.announce the intention to create EVRAZ Europe, a company that will consolidate all the European assets of EVRAZ including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). This decision is another step in the implementation of a ...
  • 2011-12-14 10:30:33
    Norilsk Nickel Board approves recommendations to vote for remuneration of independent directors at EGM
    The in-person meeting of the Board of Directors of MMC Norilsk Nickel (the Company or Group) was held today. The Board decided to hold two extraordinary general meetings of the Company’s shareholders (voting in-absentia). On February 1 2012, the EGM will consider the introduction ...
  • 2011-12-14 10:28:38
    Industrial Washing of Elga Sample Confirms High Quality of Deposit’s Coking Coal
    Mechel, one of the leading Russian mining and metals companies, announces that Southern Kuzbass Coal Company’s washing plant produced first coking coal concentrate out of the Elga deposit’s coal. A sample lot of some 4,000 tonnes of Elga’s coking coal was washed at ...
  • 2011-12-14 10:25:12
    Severstal to accumulate 100% of the Putu Iron Ore Project in Liberia
    Severstal (hereinafter – Severstal or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, today announces that its indirect subsidiary Lybica Holdings B.V. (“Lybica”) has entered into a legally binding ...
  • 2011-12-13 12:18:28
    Russian Renova Group is considering enhancement of its South African manganese operations
    Renova group, one of the biggest private Russian conglomerates, headed by Viktor Vekselberg, with substantial presence in oil, energy, utilities, telecoms, mining and other sectors, including shareholding in the world's biggest aluminum producer Rusal, and in one of the world’s top-ten ...
  • 2011-12-13 10:28:04
    Mechel wins Cbonds Awards Prize for Best Primary Placement for Domestic Bonds
    Mechel, one of the leading Russian mining and metals companies, announces winning the prestigious Cbonds Awards contest in the Best Primary Placement for Domestic Bonds category. Based upon the Cbonds news agency’s analysis, Mechel won the top place in the Best Primary Placement ...
  • 2011-12-13 10:26:14
    MMK announces new appointment at MMK Metalurji in Turkey
    MMK Metalurji, part of the MMK Group, announced a new appointment. Sergei Sulimov, deputy general director for company relations at MMK Group, has been named acting general director of MMK Metalurji. Yury Bodyayev, previously general director of MMK Metalurji, will return to his position ...
  • 2011-12-12 10:19:52
    Completion of offer to purchase by Norilsk Nickel Investments Ltd. for cash common shares and ADSs of OJSC MMC Norilsk Nickel
    MMC Norilsk Nickel notes announcement by Norilsk Nickel Investments Ltd. that NN Investments has completed settlements with respect to its previously-announced offer to purchase up to 14,705,882 of the issued and outstanding shares of common stock of Norilsk Nickel, nominal value 1.00 ruble ...
  • 2011-12-12 10:14:03
    Mechel announces resumption of work at earlier auspended facilities of two Southern Kuzbass mines
    Mechel, one of the leading Russian mining and metals companies, reports that work at several facilities at two of Southern Kuzbass Coal Company’s mines, which enables the company to produce at full capacity, was resumed fully after a temporary suspension. Administrative suspension ...
  • 2011-12-09 10:04:00
    RUSAL statement regarding Government Commission decision on Bogoslovsk aluminium smelter
    RUSAL considers it necessary to make the following statement. RUSAL is satisfied with the results of the Government Commission session dedicated to analysis of the situation at the Bogoslovsk aluminium smelter and development prospects of the whole Urals aluminium production cluster. The ...
  • 2011-12-09 10:01:00
    EVRAZ plc to be included in FTSE 100 Index
    Reportedly, EVRAZ plc has  been included in the FTSE 100 Index of the UK’s leading public companies. In so doing it becomes the only steel and mining company in the UK FTSE All-Share Index. The Company will begin trading as part of the FTSE 100 Index on 19th December. EVRAZ plc was ...
  • 2011-12-08 18:50:06
    Norilsk Nickel develops resource base
    Norilsk Nickel (the Company or the Group) announces that the Company will develop its mineral resource base program within the framework of the Technical and Operational Development Strategy till 2025, approved by the Board of Directors on October 27 2011. The total investment into the ...
  • 2011-12-08 10:01:05
    NLMK’s Sinter Plant cuts dust emission by 20%
    NLMK is currently revamping the central dust collection systems at sintering machines Nos.3&4 at its Sinter Plant in Lipetsk. The introduction of a new type of electrostatic precipitator by Alstom Power will reduce residual dust content in exhaust air almost fourfold. Total dust emissions ...
  • 2011-12-08 09:55:24
    Eurasian Natural Resources Corporation and Magnitogorsk Iron & Steel Works have settled legal claims
    Eurasian Natural Resources Corporation PLC (ENRC) and Magnitogorsk Iron & Steel Works (MMK) have announced their decision to amicably settle the existing dispute between the two companies. ENRC has dropped its claims against MMK and called off the asset freezing order that was issued ...
  • 2011-12-07 10:14:41
    Norilsk Nickel corporate integrated quality and environmental management system meets international standards
    Norilsk Nickel has successfully re-certificated its integrated quality and environmental management system (IQEMS) for compliance with requirements of ISO 9001:2008 and ISO 14001:2004 international standards. First IQEMS certification was performed in 2005. The re-certification audit was ...
  • 2011-12-07 10:12:18
    Mechel reports suspension of work at Several Facilities
    Mechel, one of the leading Russian mining and metals companies, reports that work was suspended at several facilities at two of Southern Kuzbass Coal Company’s mines. Following a check conducted at Lenin Underground and New-Olzherassk mines by the Mezhdurechensk territorial branch ...
  • 2011-12-07 10:01:00
    Severstal Columbus Launches New Push Pull Pickle Line
    Severstal North America announced that the new Push Pull Pickle Line (PPPL) is up and running at its site in Columbus, Mississippi. This new line has a designed annual capacity of approximately 630,000 tonnes (700,000 net tons) of pickled and oiled product. Capable of pickling .059” to ...
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