Metallurgy news

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  • 2010-10-13 11:01:25
    EZTM received delegation of NFC company from India
    From September,27 to October,1 EZTM JSC was receiving a delegation of the “Nuclear Fuel Complex” firm (NFC) from India. NFC representatives held an inspection of availability of a new equipment for pilger mill CRTM 55 revamping. Specialists of the Indian company reviewed the ...
  • 2010-10-12 00:25:54
    Kirov Nonferrous Metals Processing Plant expands production range
    Kirov Nonferrous Metals Processing Plant has increased output during the first eight months 2010 as compared to the corresponding period of last year on the average by 53%, including rolled products – by 38% and extrusion products– by 75%. Along with growth in output the range ...
  • 2010-10-12 00:23:57
    Norilsk Nickel intends to dip into ferrous metallurgy
    MMC Norilsk Nickel and RMD Company (Germany) consider a possibility of building a modern cast-rolling complex in Norilsk. It will produce grinding spheres intended for crushing of ores. Metal scrap will be used as raw materials for their production. The complex will be equipped with ...
  • 2010-10-11 10:16:18
    NLMK Director General retires
    Vladimir Nastich, NLMK’s Senior Vice-President – General Director has announced that he is to retire on October 11th, 2010. The Board of NLMK would like to express its appreciation for Mr Nastich’s many years of hard work for the benefit of the Company, his valuable ...
  • 2010-10-11 00:24:57
    China Development Bank possibly to co-finance Ozerny Mining and Processing Plant Construction
    30 September 2010 marked the end of the business visit by Ilya Okhtyrsky, General Director of the MBC Corporation, to China. The agenda of the visit included a meeting with the management of the Metallurgical Corporation of China and negotiations with China Development Bank. The visit ...
  • 2010-10-08 10:32:42
    Metal-Expo’2010 Exhibitor List has been Pasted on Website
    A complete Metal-Expo’2010 exhibitor list has just been pasted on the Metal-Expo website . For the 16th time the exhibition will become the basic platform for the leading world producers to show their know-how. On November 9-12, The All-Russia Exhibition Center will provide visitors ...
  • 2010-10-08 00:55:49
    Norilsk Nickel want to buy copper concentrate in state reserve
    Norilsk Nickel plans to buy copper concentrate from the a state reserve during the next 5-6 years with its further processing to produce 50 thousand tons of copper per year, Vladimir Strzhalkovsky, Director General, Norilsk Nickel told at an investment forum «Russia Calls!», ...
  • 2010-10-08 00:19:44
    Rusal appointed Director of the European Sales
    UC Rusal announced the appointment of Ulrich Schridde as the Director of the European Sales.  Ulrich Schridde, who previously was Director for Metal Management in Europe at Novelis AG, will be responsible for leading and developing Rusal’s European sales portfolio. He will ...
  • 2010-10-07 11:23:07
    Izhorskiye Zavody launch production of equipment for second stage of Tianwan nuclear power plant
    Izhorskiye Zavody, a part of OMZ Group, has casted the first slab for the reactor equipment intended for the second stage of Tianwan nuclear power plant. It marked the production launch of long-cycle equipment, to be used in the third and fourth generation units of the Chinese nuclear power ...
  • 2010-10-07 00:20:18
    Segal to modernize production
    Capacities loading of Segal works (Krasnoyarsk) has reached a maximum level in connection with improvement in the architectural profiles market, Leonid Kiselyov, the operating director of the enterprise said. «The architectural profiles market recovered last summer as compared to ...
  • 2010-10-06 10:22:06
    Mechel reports 2010 H1 financial results
    — Revenue amounted to $4.3 billion — Consolidated EBITDA amounted to $781 million — Net income attributable to shareholders of Mechel OAO amounted to $121 million Moscow, Russia – October 5, 2010 – Mechel OAO (NYSE: MTL), a leading Russian mining and ...
  • 2010-10-06 02:47:12
    VSMPO-Avisma has good prospects for development
    Titanium demand will grow at the expense of new airplanes manufacture, such as В787, А380 and А350. Therefore the titinium semi-products market which basic consumer is the aerospace industry is very perspective. The titanium prices can grow to $65-70 thousand per 1 ton, positively having ...
  • 2010-10-06 02:44:30
    Granulated pig-iron will be made in Murmansk area
    The Government of Murmansk area and Kovdorsky Mining-and-Processing Integrated Works have signed the agreement on the strategic partnership, providing realization of several investment projects by total value over 100 bullion rubles. In particular, Kovdorsky Mining-and-Processing ...
  • 2010-10-05 12:56:58
    Rusal completed refinancing of VEB loan
    UC Rusal announced that it has completed the refinancing of its Vnesheconombank (VEB) loan with a new USD 4.58 billion credit facility from Sberbank. The new facility was drawn down on 30 September and the VEB loan has been repaid in full. The credit facility provided by Sberbank covers ...
  • 2010-10-05 12:31:43
    Avisma hadn’t sold magnesium per dumping prices in USA
    U.S. Department of Commerce determined that Avisma hadn’t sold magnesium per dumping prices has published the final results of antidumping review for import of magnesium from Russia. This review was related to import to the United States in the period from April 1, 2008 to March 31, ...
  • 2010-10-05 10:31:06
    VSW confirms compliance of its wheel production to AAR requirements
    American Association of Railroads (AAR) auditor Martin Clark has confirmed that railroad wheels manufactured by Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), comply with the requirements of the AAR M-07/M-208 specification. This is one of the ...
  • 2010-10-05 10:28:20
    Izhorskiye Zavody complete contract for delivery of petrochemical reactor equipment for Naftan
    Izhorskiye Zavody, a part of OMZ Group, has completed its contract obligations before OAO Naftan (Novopolotsk, Belarus Republic), producing and shipping 6 petrochemical reactors. The contract was signed in 2008, following an international tender. According to the contract, ...
  • 2010-10-04 11:35:49
    Zlatoust Metallurgical Worksplans to increase output 2.5 times
    Reportedly , Zlatoust Metallurgical Works plants to increase output to 1M tons a year. A. Rybkin, engineer of the Works said in his interview that the works produced 430k tons of rolled products then. The works plans to hold a general modernization of its facilities and buy new equipment from ...
  • 2010-10-04 01:10:22
    Copper and tungsten concentrates output increased in August
    Russian mining industry has increased concentrates production in August, 2010, in comparison with July. For example, copper concentrates output has grown by 1.6%, tungsten concentrates - by 3.1%. But zinc concentrates output has fallen by 7.1%. For eight months of current year in Russia ...
  • 2010-10-01 12:09:07
    KhAS produced first million tons of aluminum
    Khakas aluminum smelter (KhAS, the asset of UC Rusal) produced the first million tons of aluminum yesterday. The manufacture benchmark has been exceeded in less than for 4 years since the enterprise start-up date. Khakas aluminum smelter plays a special role for UC Rusal: it has become the ...
  • 2010-10-01 10:25:12
    NLMK Extraordinary General Meeting (EGM) – Results
    Novolipetsk Steel (LSE: NLMK), the LSE-listed leading Russian steel producer, today announces the results of voting on the resolution proposed at the Extraordinary General Meeting held on 30 September 2010. The following resolution was put to NLMK’s shareholders on a poll at the ...
  • 2010-10-01 10:22:26
    Magnitogorsk Iron & Steel Works successfully passed recertification audit of environmental management system
    Auditing team of TUV NORD CERT GmbH - the international certifying body – conducted recertification audit of the environmental management system at Magnitogorsk Iron & Steel Works (MMK) yesterday. The auditors stated that MMK environmental management system meets the requirements of ...
  • 2010-09-30 11:17:44
    Fifth patent for OAO Koks
    An improved device for capturing dust exhaust during coke pushing has been patented. This is the second patent obtained for the dust-free coke pushing device. The invention essentially involves an improvement in the construction of a dust-free coke pushing device for which one patent has ...
  • 2010-09-30 00:19:40
    Demand for aluminum grows in Russia
    The Russian companies increase number of orders for primary aluminium in UC Rusal, sales durector UC Rusal Sergey Belsky has told on the recent videoconference for regional mass-media. «Consumers of primary aluminum in Russia show recovery. For example, loading of cable сapacities ...
  • 2010-09-29 10:35:06
    Evraz statement regarding sale of Stratcor Inc.
    Evraz Group S.A. (LSE: EVR) (“Evraz” or the “Company”) notes the recent press publications regarding the possible sale by the Company of Stratcor Inc. (“Stratcor”), part of Strategic Minerals Corporation. The Company announces that, following a ...
  • 2010-09-29 10:30:46
    OMZ Group and Ukrainian company GK NAEK Energoatom sign a memorandum on cooperation
    I.P. Sorochan, OMZ Group general director, and Yu.A. Nedashkovsky, president of GP NAEK Energoatom, have signed a memorandum on cooperation in Kiev, Ukraine. The document covers facilitation of Russian-Ukrainian cooperation in manufacturing of high-tech power engineering equipment. ...
  • 2010-09-29 06:54:39
    Zinc manufacture has appeared more than lead
    Russian zinc output in August, 2010 has grown by 2.8% in comprasion with July, 2010 and by 17.6% by August, 2009. Lead manufacture in comprasion July, 2010 of current year has increased only by 0.9%, and by August, 2009 - was reduced - by 7.6%. For eight months of current year zinc ...
  • 2010-09-28 10:24:42
    In 2010 UMMC is going to invest 350 million rubles in underground development of Safyanovsky mine
    By the end of 2010 UMMC is going to invest about 350 million rubles in organization of underground development of Safyanovsky mine. At the moment the deposit is being developed by the affiliate of Uralelectromed - Safyanovskaya Med (metallurgical enterprise of UMMC). ‘In April of ...
  • 2010-09-28 10:20:54
    NLMK upgrades its transformer steel facilities
    Production has commenced at a new facility producing electric insulation coating for transformer steel at NLMK's main site in Lipetsk. The launch of the 60,000 tpa line is a further step in designing a process chain for manufacturing a new steel product type in Russia in 2011 – ...
  • 2010-09-28 00:13:05
    Rusal to expand aluminium sales in Asia
    UC Rusal announced that it has signed the Letter of Intent with China North Industries Corporation (Norinco). The document emphasises the intent of Rusal to acquire a stake in a sales and marketing subsidiary of Norinco, which operates on the People’s Republic of China primary aluminium ...
  • 2010-09-27 11:19:29
    Slovenska industrija jekla has bought two more steel centres in Italy
    SIJ – Slovenska industrija jekla has bought two more steel centres in Italy: Sidertoce and Griffon & Romano. In line with its strategy, the SIJ is stepping up the pace of its investment effort in order to develop the EU and global markets, mainly by acquiring steel centres and ...
  • 2010-09-27 01:23:11
    Nickel and copper export duties can be increased
    First Deputy Prime Minister Viktor Zubkov chairs held a meeting of the sub-commission of the Russian government on customs tariff and nontariff regulation and protective measures in foreign trade at last week. Following discussion, the meeting participants recognized that it would be ...
  • 2010-09-24 10:20:00
    Decisions made by MMC Norilsk Nickel Board of directors with regard to the Extraordinary General meeting of shareholders
    At the regular meeting of the Board of Directors of OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or the “Company”) that took place today, a number of issues related to the EGM scheduled for October 21, 2010 was considered. As it was reported earlier, the EGM had ...
  • 2010-09-24 10:15:58
    Severstal Gold to acquire Sacre-Coeur Minerals, Ltd.
    Severstal Gold N.V. (“Severstal Gold”), a subsidiary of OAO Severstal (“Severstal”) (LSE: SVST; RT CHMF), is pleased to announce that that it has acquired 3,900,000 common shares (“Common Shares”) of Sacre-Coeur Minerals, Ltd. (“SCM”), at an ...
  • 2010-09-24 00:06:02
    Aluminium semi products output in Russia has a little grown
    Russian aluminium industry in August, 2010 has reduced manufacture of primary aluminum to 0.5% in comparison with July, 2010, but has made it by 2.3% more than in August, 2009. Aluminum semi products output too has appeared ambiguous. Bars and profiles manufacture has grown by 1.8%, foil ...
  • 2010-09-23 12:18:35
    Russian copper semi products manufacture has sharply increased
    The Russian output of refined copper in August of current year has fallen by 3.5% in relation to July, but in comparison with August, 2009 has grown by 0.6 %. Manufacture of semi products from «red metal» has shown growth on all basic grocery groups. For example, bars and ...
  • 2010-09-23 10:26:26
    European Commission has completed monitoring of Mechel’s steel subsidiaries in Romania
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports compliance of its Romanian steel subsidiaries with the viability benchmarks established by the European Commission within the framework of the Romanian steel industry restructuring strategy. The ...
  • 2010-09-23 10:25:08
    NLMK upgrades its steelmaking facilities at the Lipetsk site
    Novolipetsk Steel (NLMK) has completed the reconstruction of gas exhaust ducts with a secondary emissions collection and cleaning system at its Lipetsk site. The reconstruction at BOF Shop #1 - which accounts for approximately 40% of steel output at Lipetsk is a key environmental project ...
  • 2010-09-22 12:04:20
    Electrozinc masters manufacture of a new alloy
    The Electrozinc plant (the enterprise of UMMC) masters manufacture of the new zinc-aluminum alloy being replacement of classical bronzes and widely applied in Europe for manufacturing of sliding bearings. Igor Hodyko, Chief Engineer, Electrozinc reported the output of the first trial lot ...
  • 2010-09-22 10:29:34
    Mechel reports signing protocol of Intent with China National Coal Group
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces it has signed a Protocol of Intent with China National Coal Group. On September, 21 the Protocol of Intent was signed between Mechel OAO and China National Coal Group – the second largest coal ...
  • 2010-09-22 10:23:53
    Severstal obtains exploration and development license for Tsentralnyi field in Tyva republic, Russia
    Severstal (LSE: SVST; RTS: CHMF), one of the world’s leading vertically integrated steel and mining companies, has obtained a license for further exploration and coal extraction at the Tsentralnyi field in the western part of the Ulug-Khemskiy basin in the Tyva Republic, Russia. This ...
  • 2010-09-21 14:53:01
    VSMPO-Avisma start acquisition of a ligatures manufacturer
    VSMPO-Avisma Corporation has bought 18.98% stocke of Uralredmet company (Sverdlovsk area) and plans to increase its share in its authorized capital stock to a blocking package. Transaction cost has not been disclosed. VSMPO-Avisma has informed that the given transaction pursues as the aim ...
  • 2010-09-21 10:25:32
    Mechel signed US$471.2 mln facility to finance construction of universal rolling mill
    Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces it has signed a loan agreement to finance a universal rolling mill installation project at its Chelyabinsk Metallurgical Plant OAO (CMP OAO) subsidiary. The new $471.2 million* Senior Term Loan ...
  • 2010-09-20 12:30:53
    RUSAL’s shares rose by 11% for a week
    During the week from September 13 to 17 RUSAL’s shares rose by 11% reaching 9.14 HKD. The price increase was caused, on the one hand, by strong financial H1 results that substantially exceeded analysts’ expectations, by positive analysts’ reports, RUSAL’s activities ...
  • 2010-09-20 11:18:26
    New manufacture of aluminum wire-rod is created near to Moscow
    The Vtormet Industrial Company, the largest in the Moscow area manufacturer of secondary aluminum alloys, sets up aluminum wire-rod line, one of the market players has informed. New production can be used as in electrotechnical branch (for manufacture of cables and wires), and in ferrous ...
  • 2010-09-20 10:50:27
    Norilsk Nickel announces new routes to deliver its products to customers in South East Asia
    On September 15 Arctic diesel electric ship Monchegorsk owned by OJSC MMC Norilsk Nickel (“Norilsk Nickel” or “the Company”) left Murmansk sea port for its first voyage through the Northern Sea Route’s eastern part: Murmansk-Dudinka-Busan-Shanghai. East part ...
  • 2010-09-20 10:43:17
    Severstal subsidiary signs mineral development agreement for the putu iron ore project in Liberia
    OAO Severstal (“Severstal”) (LSE: SVST; RTS: CHMF), one of the world’s leading vertically integrated steel and mining companies, announces that its 61.5% subsidiary has entered into an agreement with the Government of Liberia to develop the Putu iron ore project. The Mineral ...
  • 2010-09-20 10:31:54
    Fitch Ratings changes the outlook of MMK's to positive
    Rating agency Fitch Ratings has changed the Outlook for Magnitogorsk Steel OJSC's ("MMK") to positive from stable and affirmed Long-Term Issuer Default Rating at BB. According to Fitch Ratings, the revision of MMK’s Outlook to positive from stable in part reflects ...
  • 2010-09-17 10:46:12
    Oleg Deripaska to deliver inaugural lecture to launch President’s Forum at HKUST
    UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, is pleased to announce details of CEO Oleg Deripaska’s lecture – ‘The Power of Focus: Turning Opportunity into Success’ – which is the inaugural speech of the UC RUSAL ...
  • 2010-09-17 10:42:43
    Izhorskiye Zavody sign a contract for production of metal highway bridge structures with Vozrozhdeniye group
    Izhorskiye Zavody, a part of OMZ Group, has signed a contract with ZAO PO Vozrozhdeniye for the delivery of bridge metal structures used for highway construction. The structures manufactured by Izhorskiye Zavody will be used in the construction of the third stage of the Western highway ...