Metallurgy news

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  • 2011-05-27 10:16:17
    Severstal Resources continues to improve energy efficiency of its mining operations
    Over the course of three days at the Severstal Resources Energy Efficiency Forum in Vorkuta, more than 80 specialists have shared their knowledge and expertise in the field of energy efficiency and health and safety at energy facilities. The Forum has gathered professionals from four ...
  • 2011-05-27 10:13:28
    Fitch upgrades NLMK to BBB-
    Fitch t the international rating agency has upgraded NLMK long-term credit rating from BB+ to the investment grade level at BBB- with a stable outlook. Fitch, in a press-release published today, highlights NLMK’s progress in balancing its 40% crude steel growth and re-rolling ...
  • 2011-05-20 10:05:00
    RUSAL signs memorandum of intent with Ministry of Industry, Mines and Technology Development of Republic of Cameroon
    RUSAL, the world’s largest aluminium producer, reports on the visit of a delegation of the Company to the Republic of Cameroon and the signing of the memorandum of intent with the Ministry of Industry, Mines and Technology Development. During the visit, the delegation studied the ...
  • 2011-05-20 10:03:00
    Integrated Management System of ZapSib successfully passed audit on conformity to international standards
    Experts from«Bureau Veritas Certification» (one of the world leaders in the field of certification) have confirmed conformity of the integrated management system of the Consolidated West Siberian Metallurgical Plant (part of EVRAZ) to international standards ISO 9001 (quality ...
  • 2011-05-20 10:01:00
    TMK ships 13-Chrome steel pipes with Premium Connections to Rosneft
    TMK, one of the world’s leading oil and gas steel pipe producers, has completed a shipment of 13-Chrome tubing with TMK FMT premium connections to a Rosneft subsidiary operating the Chkalovskoye field. The pipes were made from 13-Chrome steel, which is high resistant to harsh ...
  • 2011-05-19 10:01:00
    Metal-Expo ranks among the 3 largest Russian industrial trade shows
    Informexpo Agency ranked Metal-Expo 3d among 43 Moscow industrial trade shows in 2010. Such criteria as number of exhibitors and the total exhibition space were among the most important ones. In addition to that, the Agency also pointed out a high percentage of international exhibitors ...
  • 2011-05-19 10:01:00
    EVRAZ NTMK becomes first Russian company to master production technology of extrahard railway wheels
    EVRAZ NTMK has become the first Russian company to master the production technology of extrahard railway wheels. Wheels of 350 – 390 Brinell units of hardness are designed and suitable for the use on arterial railways. Once the certification of an experimental batch of new goods on ...
  • 2011-05-18 10:21:45
    TMK announces 2011 first quarter production results and trading update
    OAO TMK, one of the world’s leading oil and gas steel pipe producers, today announces its production results for the period ending March 31, 2011. For the first three months of 2011, TMK shipped 1,077 thousand tonnes of pipes to customers, representing a 15.4% increase over the ...
  • 2011-05-18 10:17:53
    Evraz Group Q1 2011 trading update highlights
    Revenue for the three-month period ended 31 March 2011 was US$3,894 million Adjusted EBITDA [1] was US$740 million [2] with adjusted EBITDA margin of 19% Interest expense was US$191 million Total debt as of 31 March 2011 amounted to US$7,809 million, including US$713 million of ...
  • 2011-05-17 16:18:17
    Freight One Announces January-April 2011 Results
    Freight One increased its traffic volume in January-April 2011 by 14.7 % to more than 97.2 million metric tons over the same period of 2010. This figure includes 38.6 million metric tons of coal (+29.1%), 23.2 million metric tons of oil (-8.9%), 8.4 million metric tons of non-ferrous and iron ...
  • 2011-05-17 10:24:14
    Results of Evraz Group Annual General Meeting
    EVRAZ Group announces that at its Annual General Meeting held yesterday in Luxembourg all the resolutions were passed. In particular, the shareholders approved the Directors' Report and the consolidated and stand-alone financial statements for the year ending December 31, 2010, determined the ...
  • 2011-05-17 10:20:58
    Izhorskiye Zavody ship the reactor shell for Novovoronezh NPP-2
    Izhorskiye Zavody, a part of OMZ Group, has shipped the VVER-1200 reactor vessel for Novovoronezh NPP-2. This is the first nuclear reactor vessel manufactured in Russia for a Russian nuclear power plant in the past 20 years. Novovoronezhskaya nuclear power plant was commissioned in 1964 ...
  • 2011-05-16 11:25:24
    Norilsk Nickel continues to develop employee motivation system
    In 2010 Norilsk Nickel showed an increase both in productivity and salaries. As a result, the Company managed to maintain its leading position among major businesses operating in Russian mining and metallurgy industry in terms of salary levels. In 2010 the expenditures associated with ...
  • 2011-05-16 11:14:21
    Shaft construction at Gubkin Mine
    Work has been completed at KMAruda Works to choose a construction company to sink and construct a skip shaft at the Gubkin mine. Following a tender and discussions with five applicant firms, OAO Shakhtspetsstroi Trust was selected. An agreement was signed between the works and this ...
  • 2011-05-13 10:25:20
    Norilsk Nickel Director General met with Governor of West Nusa Tenggara, Indonesia
    Vladimir Strzhalkovsky, Director General and Chairman of the Management Board of OJSC MMC Norilsk Nickel had a business meeting with Mohammed Zainul Majdi, Governor of West Nusa Tenggara province. During the meeting, the parties discussed the potential development of copper-nickel ore ...
  • 2011-05-13 10:20:00
    Agenda for Severstal 2010 AGM and recommendation of Q1 2011 dividend payments
    Seversta, one of the world’s largest vertically integrated steel and mining companies, today announces that the Board of Directors approved the following agenda for the 2010 AGM to be held in Cherepovets, Russia on 27 June 2011: Re-election of the members of the Board of Directors ...
  • 2011-05-12 10:16:02
    NLMK product quality complies with international standards
    Novolipetsk has passed a series of audits conducted by TÜV SÜD, the independent German certifying agency. TÜV SÜD experts examined the Company’s overall Quality Management System (QMS) confirming its compliance with international standard ISO 9001:2008 Quality ...
  • 2011-05-12 10:07:17
    Severstal acquires a stake in a Brazilian iron ore exploration company
    Severstal, one of the world’s leading vertically integrated steel and mining companies, announces that it has acquired a 25% stake in the Brazilian company SPG Mineração (SPG). SPG owns highly-prospective iron ore exploration licences in the northern state of Amapa, ...
  • 2011-05-11 14:25:11
    VTB grants a loan to Pervouralsky Novotrubny Works
    VTB Bank has provided a RUB 1 billion facility to Pervouralsky Novotrubny Works (ChelPipe subsidiary) for a term of 90 days. The funds were granted against the guarantee of JSC Chelyabinsk Tube-Rolling Plant (ChelPipe) to finance the company’s current operations. VTB Bank and ...
  • 2011-05-11 10:33:46
    Schneider Electric names NLMK’s Trading Company as preferred supplier
    Novex Trading SA (a trading company within NLMK Group) has been chosen by Schneider Electric as its preferred supplier. Assessment of 2010 results revealed that the Company demonstrated a high level of performance in terms of product quality, logistics, cost saving, technical and process ...
  • 2011-05-11 10:30:35
    Mechel’s Board recommends dividend amount
    On May 10, 2011, Mechel’s Board of Directors recommended to the Annual General Shareholders’ Meeting annual dividend of 8.73 rubles per one ordinary share (approximately $0.32 per ADR*) for the 2010 fiscal year. Also Mechel’s Board recommended annual dividend of 26.21 rubles ...
  • 2011-05-10 11:22:49
    Dutch students visit Koks
    OAO Koks was visited by a group of students from the Delft Technical University in the Netherlands, led by their instructor and academic advisor Marike Kaipers. The multi-national group of students is studying the cultural legacy of the Kuzbass AIC (Autonomous Industrial Colony). This is why ...
  • 2011-05-10 11:17:45
    Izhorskiye Zavody and OMZ-Spetsstal successfully registered by China State Atomic Authority
    Izhorskiye Zavody and OMZ-Spetsstal, a part of OMZ Group, have successfully completed registration with the China State Atomic Authority. The 5-year license grants Izhorskiye Zavody and OMZ-Spetsstal the right to manufacture the primary circuit reactor shell equipment and auxiliary ...
  • 2011-05-06 17:47:59
    Severstal restarted its plant in USA
    Severstal made a statement that its Columbus plant in Mississippi has resumed its steelmaking and rolling operations interrupted due to electrical power blackout as a result of the severe storm. The plant’s operations are currently running at a slightly reduced level due to certain ...
  • 2011-05-04 14:39:22
    В апреле цех "Высота 239" отгрузил 55 тыс.т полосатых труб
    Интервью директора проекта цеха "Высота 239" ЧТПЗ Валентина Тазетдинова порталу Postavim.com. – Металлургическая общественность активно обсуждает появление уникального промышленного объекта – суперсовременного цеха "Высота 239". Кому он обязан своим ...
  • 2011-05-04 14:39:22
    В апреле цех "Высота 239" отгрузил 55 тыс.т полосатых труб
    Интервью директора проекта цеха "Высота 239" ЧТПЗ Валентина Тазетдинова порталу Postavim.com. – Металлургическая общественность активно обсуждает появление уникального промышленного объекта – суперсовременного цеха "Высота 239". Кому он обязан своим ...
  • 2011-05-04 14:33:30
    Rusal and Samsung intend to set up aluminum disks production
    UC Rusal plans to set up aluminum wheel disks production at the Volkhov aluminum plant facilities. This project is developed jointly with Samsung. Rusal already carries out the project on foundry facilites modernization at the Volkhov aluminum plant which will in the future allow to ...
  • 2011-05-04 09:54:29
    Mechel launched e-commerce system
    Mechel, one of the leading Russian mining and steel companies, announced the launch of B2B-Mechel, an electronic trading system The system’s launch is part of a joint project between Mechel and e-commerce operator B2B-Center to automate the process of competitive purchases of ...
  • 2011-05-03 14:50:19
    Intergeo plans to build a non-ferrous smelter in Krasnoyarsk region
    Intergeo Company, a subsidary of Onexim Group intends to build metal smelter in the  Krasnoyarsk region. The raw materials will be supplied from the Kingashs copper-nickel deposit located in the Krasnoyarsk region as well. According to Grigory Potapov, Director General of Intergeo, ...
  • 2011-05-03 11:12:37
    ChelPipe increased steel pipes sales by 45%
    Chelyabinsk Tube-Rolling Plant (“ChelPipe”), a leading Russian producer of welded and seamless steel pipes and tubes, and supplier of integrated solutions for the Russian oil & gas industry as well as a variety of other industries in Russia, is pleased to announce its ...
  • 2011-05-03 10:23:48
    Interruption of operations at Severstal Columbus
    OAO Severstal makes a statement that as a result of the severe storm, electrical power was interrupted at our Columbus plant in Mississippi. Back-up power permitted orderly shut-down of operations. All employees are safe. There was no storm damage to the building or equipment. Recently ...
  • 2011-04-29 16:52:51
    Novosibirsk Steel Works named after Kuzmin increased output 2.4 times in 2010
    Reportedly, Novosibirsk Steel Works named after Kuzmin increased output 2.4 times to 166.1kt including tubular products 2.3 times up to 141.79k tons in 2010 y-o-y. The Works output in 2010 reached the pre-crisis level. In addition to that the Works mastered 70 new size-types of tubes and ...
  • 2011-04-29 16:45:15
    Severstal reports Q1 2011 operational results
    PRODUCTION OF HOT METAL AND CRUDE STEEL Total output* Q1 2011 Q4 2010 Change, % Q1 2011 Q1 2010 Change, % Hot metal: total output 2 635 046 2 756 564 -4% ...
  • 2011-04-29 13:52:43
    Chelyabinsk Zinc Plant Announces 2010 Audited IFRS Results
    Chelyabinsk Zinc Plant, Russia's largest producer of zinc and zinc alloys, is pleased to announce its audited IFRS financial results for the year ended December 31, 2010. 2010 HIGHLIGHTS •      Chelyabinsk Zinc Plant's (CZP) revenue for 2010 ...
  • 2011-04-28 14:04:18
    New mini mill to be built in Novgorod region
    Cement Company plans to build a mini mill in Novgorod region. According to Andrey Blinckov,  the Company's Director General, investments in this project will reach 5 billion roubles. 70% of investments will be covered by bank credits, the rest by shareholders. The project should pass ...
  • 2011-04-28 10:52:45
    Ekaterina Nikitina appointed director of human resources of UC RUSAL
    RUSAL the world's largest aluminium producer, announces the appointment of Ekaterina Nikitina Director of Human Resources to RUSAL. Ekaterina Nikitina has solid experience in HR management. Since 2009, she was heading the HR department at Basic Element, Russia’s leading diversified ...
  • 2011-04-28 10:42:19
    Metalloinvest and Kursk Region Signed a Social Partnership Agreement
    The Administration of the Kursk Region, Zheleznogorsk Town Administration and Metalloinvest Holding (Metalloinvest) signed a social partnership agreement. The agreement was signed by Kursk Governor Alexander Mikhailov, Mayor of Zheleznogorsk Viktor Solntsev and CEO of Metalloinvest ...
  • 2011-04-27 10:24:44
    Chelyabinsk Zinc Plant Reports 3% production increase in Q1 2011
    January through March 2011, Chelyabinsk Zinc Plant (CZP) produced 39,576 tonnes of salable SHG zinc and zinc based alloys, an increase of 3% as compared to the same period of 2010 (38,570 tonnes). 53.6% of metal was supplied to the domestic market. CZP’s affiliated company, Nova Zinc ...
  • 2011-04-27 10:19:25
    NLMK Group’s VIZ-Stal signs contract for transformer (grain-oriented) steel production equipment
    VIZ-Stal has signed a contract for LOI (Germany) to supply and supervise the assembly of equipment for the revamping of its Electric Insulation Coating Line (EICL-8). The upgrade of the Strip Finishing Line is a major step towards setting up a process flow for mastering the production of a ...
  • 2011-04-26 13:46:02
    ChelPipe and MMK join forces to create railcar fleet
    OJSC ChelPipe and OJSC Magnitogorsk Iron and Steel Works (MMK) are creating their joint rolling stock to ensure timely deliveries of steel plate from MMK’s Mill 5000 to ChelPipe’s Vysota 239 production unit. Implementation of this project has become part of strategic cooperation ...
  • 2011-04-26 10:21:16
    OMK completes its pipe deliveries for phase 2 of Nord Stream Gas Pipeline
    As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, ...
  • 2011-04-26 10:19:18
    Izhorskiye Zavody sign contract with Mostostroitelniy Otryad #19 on production of metal structures for the Western Speedway
    OAO Izhorskiye Zavody, a part of OMZ Group, have signed a contract with OAO Mostostroitelniy Otryad #19 on the delivery of metal structures to be used for the construction of an overpass at Primorskiy avenue (main section) for the Western Speedway. Mostostroitelniy Otryad #19 is the main ...
  • 2011-04-26 00:19:15
    UC Rusal makes debt repayments totalling $529 million 
    UC Rusal announces making further debt repayments in the total amount of approximately $529 million to its international and Russian lenders under the International Override Agreement (IOA).  The debt repayment in the amount of approximately $517 million was made on 20 April 2011 ...
  • 2011-04-25 10:21:46
    EVRAZ priced US$850M of Eurobonds due 2018
    Further to its announcements on 5 April 2011 and 19 April 2011 relating to its tender offer for certain of its outstanding notes, EVRAZ Group S.A. (LSE: EVR), a public limited liability company (société anonyme) incorporated under the laws of the Grand Duchy of Luxembourg with ...
  • 2011-04-25 10:18:49
    NLMK adds new deposit to its upstream development pipeline
    NLMK has won the right to explore and develop the Zhernovki Gluboki plot of the Zhernovskoye coal deposit located in the Kemerovo region, Siberia, located just below the Zhernovskoe-1 deposit already owned by NLMK. The license fee is RUR420 million. The 13.5 sq km plot has 73 million ...
  • 2011-04-22 10:28:33
    Olcon obtains license for exploration and mining of Anomalny deposit in Murmansk Region
    The Olenegorsk Mining and Concentration Works (“OAO Olcon”), part of the mining division of OAO Severstal, one of the world’s leading steel and mining companies, has obtained the right to use subsoil for the exploration and mining of iron ores in the Anomalny deposit in the ...
  • 2011-04-22 10:23:08
    MMK Group operational trading update for Q1 2011
    MMK Group operational highlights Production, th. tonnes Production Q1`11 Q4`10 % Q1`11 Q1`10 ...
  • 2011-04-22 09:17:15
    Norilsk Nickel is interested in quickest possible development of Voronezh region deposits
    JSC MMC Norilsk Nickel (hereinafter – MMC Norilsk Nickel or the Company) is interested in quickest possible development of copper-nickel deposits located in Voronezh Region. Prospective Voronezh Region nickel areas are a part of state unallocated subsoil reserve fund. OJSC MMC ...
  • 2011-04-21 10:21:35
    NLMK acquires full control over rolling assets of its joint venture with Duferco
    NLMK, one of the world’s leading steel companies, has signed definitive agreements to purchase a 50% interest in Steel Invest and Finance (“SIF”) from Duferco Group (“Duferco”) for an all cash consideration of c.$600m, payable in four equal annual installments. ...
  • 2011-04-21 00:01:09
    Secretary General of European Aluminium Association will come to Moscow
    Now the program of Aluminium: Alloys, Profiles and Rolled Products, 3d International conference is completed. Its participants will be heads and professionals of aluminium smelters and companies manufacturing various types of aluminium products, metal and steel traders, industrial and ...