Metallurgy news

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  • 2010-05-07 11:48:12
    The biggest manufacturers of aluminium rolled products will gather in Moscow
    In less than 3 weeks Aluminium: Alloys, Rolled Products and Profiles for Construction, 2d International Conference organized by Metal Supply & Sales magazine will begin in Moscow. The conference will be held during Auminium/Non-Ferrous-2010 exhibition. One of the sessions will be ...
  • 2010-05-06 13:25:27
    MMK-Metiz plans to increase output
    In 2010 MMK-Metiz plans to produce and sell 375.5kt of marketable products which is 21% more as compared to 2009. In 2009 the plant reduced output by 54% from 668kt produced in 2008. In 2010 the major investment projects of the plant include buying and setting up of production lines ...
  • 2010-05-06 13:14:10
    Rostov Electric-Metallurgical Plant increase billets output in April
    Rostov Electric-Metallurgical Plant output in April exceeded 61.2kt of continuous cast billets which is 2% more compared to March. Over the first 4 month 2010 the Plant produced more than 204.8kt of billets which is 57% more compared to the corresponding period last year (130.2kt). Sales ...
  • 2010-05-05 10:57:54
    Acroni enters the market of steel armour plates
    At the beginning of April, tests were conducted on the ballistic protection of the new generation of armour plates PROTAC by Acroni, the SIJ Group – Slovenska industrija jekla, in Nikinci in Serbia. The aim of the tests was to determine the level of ballistic protection according to the ...
  • 2010-05-05 10:49:58
    Russian Steel-Makers have Already Taken up Almost 1/3 of Export Quotas to EU
    According to the statistical report of the European Commission Russian steel enterprisers supplied more than 1.01Mt of steel to EU in January – April 2010 having taken up 31.7% of the export quota set up by the EU. According to an agreement signed between the Russian Federation and the ...
  • 2010-05-04 12:35:37
    NLMK product quality complies with international standards
    Novolipetsk Steel has passed a series of audits conducted by TÜV CERT, the independent German certifying agency. During the audit procedure, TÜV CERT experts examined the Company’s overall Quality Management System confirming its compliance with international standard ISO ...
  • 2010-05-04 12:23:46
    Program of conference Aluminium: Alloys, Rolled Products, and Profiles for Industry and Construction has been finalized
    Aluminium: Alloys, Rolled Products, and Profiles for Industry and Construction, 2d International Conference will be held in Moscow on May 26, 2010. The conference will gather together heads and professionals of companies specializing in manufacture of various types of aluminium products, ...
  • 2010-04-30 11:17:01
    Domestic sales of aluminium profiles raised in Q1 2010
    O. Dolgopolov, Deputy Director General for Commerce, Agrisovgaz stated at an open session of the Russian Union of Metal and Steel Suppliers in Moscow that domestic sales of aluminium profiles had raised 30 to 50% in Q1 2010 as compared to a corresponding period of 2009. However, O. Dolgopolov ...
  • 2010-04-30 10:49:06
    Evraz sells the Koksovaya coal company to Raspadskaya
    Evraz Group announces the closing of the transaction to sell 100% of the voting shares of ZAO Koksovaya (“Koksovaya”), a wholly owned subsidiary of Evraz’s Yuzhkuzbassugol, to ZAO Raspadskaya-Koksovaya, part of OAO Raspadskaya coal company (both hereinafter referred to as ...
  • 2010-04-29 10:30:58
    Aluminium market in search for new ideas
    Now a slight raise in demand has been registered in the Russian aluminium market; however, nobody knows how long it will last. For example although construction sector accounts for half of the total aluminium profiles consumption now only a few new projects have been recently launched. ...
  • 2010-04-29 10:09:08
    MMK announces financial results under Russian Accounting Standards for Q1 2010
    The results reflect MMK (parent company) operations only and may vary significantly from the consolidated financial results under IAS. . -MMK produced 2.453 mln tons of finished products in Q1 2010 -MMK revenue under RAS increased by 6% compared to Q4 2009 and amounted to RUR ...
  • 2010-04-28 12:05:22
    Chelyabinsk Zinc Plant increased zinc production in Q1 2010
    Chelyabinsk Zinc Plant increased zinc production by 58.5% to 38.57kt in Q1 2010 as compared to corresponding period of 2009. Output of zinc and its alloys has increased by 5.1% compared to QIV 2009. Domestic supplies reached 44% of the total zinc output. The total amount of iron ore ...
  • 2010-04-28 11:49:16
    Mechel produced 1.4Mt of steel in Q1 2010
    According to operational results announced by Mechel in Q1 2010 the company increased production of coking coal concentrate to 2.4Mt (+230% as compared to corresponding period of 2009), production of steam types of coal in Q1, on the contrary, dropped by 21% reaching 2.3Mt, steel production ...
  • 2010-04-27 11:01:05
    Volga-FEST increased output by 1/3 in Q1
    Volga-FEST, Frolovo Electric Steel-Making Plant, part of Estar Group in January-March 2010 produced nearly 63kt of square billets which is 34% more compared to a corresponding period in 2009 (47kt). In Q1 the company sold nearly 66kt of products. The plant being sufficiently supplied with raw ...
  • 2010-04-27 10:31:17
    Mechel announces offering of preferred shares by certain selling shareholders
    Mechel, one of the leading Russian mining and metals companies, today announced the launch of a public offering (the "Offering") by certain selling shareholders of preferred shares and preferred American Depositary Shares, each representing an interest in one-half of one preferred ...
  • 2010-04-26 11:42:39
    NLMK facilities to help set up rails production at Chelyabinsk Metallurgical Plant
    Ural’s Scientific Research Institute of Architecture and Construction has signed a contract with Minmetals Engineering Co. Ltd. (China) to jointly design 100 meter long rails production with the capacity of 1.1 Mt/y at Chelyabinsk Metallurgical Plant. The project includes use of a ...
  • 2010-04-26 11:10:04
    Nadvoitsy Aluminium Smelter to increase output
    In Q1 output of Nadvoitsy Aluminium Smelter increased by 15.7% as compared to a corresponding period in 2009. The smelter resumed production of aluminium alloys for the automotive industry under direct agreements with international partners. Due to positive trends in the aluminium market the ...
  • 2010-04-23 10:47:32
    MMK announces operational trading update for Q1 2010
    Production Q1 2010 Q4 2009   `000 tons `000 tons % Cast iron 2 235 2 239 0% Crude steel 2 732 2 558 7% ...
  • 2010-04-23 10:34:52
    Mechel announces acquisition of laminorul Braila Metallurgical Plant in Romania
    Mechel one of the leading Russian mining and metals companies, announces acquisition of Laminorul Braila metallurgical plant located in Romania. On February 25, 2010 Mechel acquired 100% of the shares of Donau Commodities SRL, which holds 90.9% of the shares of Laminorul SA (Laminorul ...
  • 2010-04-22 13:05:42
    Izhorskiye Zavody successfully completed acceptance tests of hydro cracker unit for TANEKO
    Izhorskiye Zavody, a part of OMZ Group, had successfully completed acceptance tests of a R0101 hydro cracker unit for the new OAO TANEKO advanced oil processing facility in Nizhnekamsk. The contract for two reactors was signed in 2007. The hydro cracker unit is an unique unit, featuring ...
  • 2010-04-22 12:48:54
    Trubodetal launches new unique product
    Trubodetal, part of United Metallurgical Company (OMK), has produced its first batch of split T-branches at the request of Transneft. Four split T-branches two T-branches 1,220x159 and two T-branches 1,067x159 were shipped by the welding division of Thermal Press and Welding Workshop No. ...
  • 2010-04-14 12:55:06
    Rusal strengthens its senior management team
    UC Rusal announces the appointment of Vladislav Soloviev, who was previously CEO of the En+  Management LLC, to the newly established position of First Deputy CEO of RUSAL. Before joining the EN+ Management LLC, Vladislav Soloviev held various senior executive positions with ...
  • 2010-04-09 11:43:04
    ZSMK to increase production of rebar steels
    Production of rebar steels at ZSMK will increase to 30 thousand tons in 2010 and will exceed 50 thousand tons in 2011 due to fulfillment of a big investment project on modernization of bar mill 250-2 at the long products plant. At present the new equipment is operated in the ...
  • 2010-04-09 10:54:43
    MBC Corporation continues managing international tenders
    On April 7 MBC Tender Commission met again in working session to continue managing the bidding procedures for complex supplies for a dressing plant, Ozerny Mining and Processing Plant and other projects. S. Garichev, Chairman of the Tender Commission, Deputy Director General MBC pointed ...
  • 2010-04-09 10:28:44
    Participants of the DSP-120 steelmaking facility project receive state awards
    igh-performance steelmaking facility with the annual capacity of over 250 thousand tons of special steels had been commissioned at Izhorskiye Zavody (St. Petersburg, Kolpino) in June 2009 with financial and organizational support from Gazprombank. The project is aimed at the production ...
  • 2010-04-08 10:51:14
    Slovenian Steel Group has bought Niro Wenden German Steel Centre
    Slovenian Steel Group, d. d., has bought Niro Wenden German Steel Centre After the successfully concluded investments in the production capacities, SIJ – Slovenian Steel Group, owned by the Russian IMH – Industrial Metallurgical Holding, continues investing in the development of ...
  • 2010-04-08 10:18:42
    MMK commissions galvanizing line at its MMK-Atakas mill in Turkey
    MMK commissioned continuous hot-dip galvanizing line at its project MMK-Atakas in Turkey at Iskenderun. The facility was supplied by Danieli & C. Officine Meccaniche SpA. The designed production capacity of the unit is 450 thousand tons p.a. Galvanized steel from the unit will be ...
  • 2010-04-07 14:03:44
    OMZ Foundry produces large castings for the shipbuilding industry
    OMZ Foundry, a part of OMZ Group, produces large castings for the Russian shipbuilding companies. According to the order of OAO Northern Shipyard, the company had manufactured hull castings, including stern bossing and tail posts for the leader ship Admiral Gorshkov commissioned in March ...
  • 2010-04-07 13:54:45
    Mechel announces establishing Mecheltrans Management
    Mecheltrans Management OOO started working on the 1st of April, 2010. The company was established in order to increase efficiency of management of Mechel group’s logistic assets. Functions of the management company cover preparation of complex solutions for goods transportation; control ...
  • 2010-04-02 17:10:22
    Evraz launches reconstruction at NKMK
    Evraz Group S.A.(“Evraz”) launches rail mill reconstruction at NKMK, its Russian steel plant in Novokuznetsk, Siberia. According to Evraz press-service after  the completing of reconstruction in 2012, NKMK will be able to produce 25-metre and 100-metre high-speed rails. ...
  • 2010-04-01 18:00:09
    Mechel received EU certificate to mark its Campia Turzii Plant’s Products
    Annual product certification procedure has been completed at Mechel Campia Turzii plant, which is a part of Mechel East-European Steel Division. The audit inspection results confirmed the plant’s procedures compliance to the EU requirements. The plant’s right to mark its products ...
  • 2010-03-31 13:25:01
    Evraz 2009 Net Loss amounted to $1.26 Billion
    According to Evraz Group S.A. press-service its consolidated revenues decreased by 52.1% to  $9.772 bn in 2009 compared with $20.380 bn in 2008. Net loss amounted to $1,26 bn compared with $1,859 bn net profit in 2008. Losses amounted to 3,10 per GDR (Global Depositary Receipt ) compared ...
  • 2010-03-30 10:46:36
    MMK net profit under RAS increased by 170% to RUR 27.406 bn in 2009
    Magnitogorsk Iron and Steel Works (MMK) has retained the leadership in Russia among steelmakers with 17% market share in 2009. MMK sales under RAS amounted to RUR 137.317 bn in 2009. MMK net profit under Russian Accounting Standards ( RAS) increased by 170% to RUR 27.406 bn in 2009. According ...
  • 2010-03-26 13:28:01
    NLMK expands range at new Kaluga billet plant
    Russia's Novolipetsk Steel has expanded the range of billet to be produced at its new Kaluga steelworks, according to press-service of general contractor Siemens VAI. In addition to the original 8-strand caster to produce 125x125mm billets, additional equipement wll be supplied, enabling ...
  • 2010-03-25 13:11:32
    Evraz Priced 15 Billion Rouble Bond Issue
    Evraz Group S.A. (“Evraz”) has priced a 15 billion 3-year rouble bond (approx. US$500 million) at a coupon rate of 9.25% per annum. According to press-service, the bonds are issued by Evraz’s subsidiary, OOO EvrazHolding Finance. The closing and settlement is expected ...
  • 2010-03-24 13:49:27
    TMK Upgrades ADR Listing to OTCQX
    TMK American Depositary Receipts (ADRs) have been listed on the OTC trading platform in the United States, according to press-service of TMK. Each TMK ADR, representing four ordinary shares, will trade on the OTCQX International Premier trading platform, the OTC market’s highest ...
  • 2010-03-23 17:22:05
    NLMK commissions high-capacity ladle furnace
    Novolipetsk Steel (NLMK) has commissioned a high-capacity 4 mtpa ladle furnace that will enable the company to produce new steel grades for automotive, white goods and electrical engineering applications, according to press-service of NLMK.  The project is being implemented in ...
  • 2010-03-22 14:55:23
    TMK ships large diameter seamless tubes for gas pile line
    TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, has began to ship large diameter seamless tubes to Gazprom for construction of gas pipe line Sakhalin-Chabarovsk-Vladivostok. The March 2010 shipment's volume is about ...
  • 2010-03-22 10:47:00
    Rusal wins appeal in Friguia case in guienan court
    Guinean appellate court ruled in the company’s favor on its appeal regarding the bauxite and alumina complex Friguia, according to Rusal's press-service. The appellate court held that the Guinean courts lack jurisdiction over the case regarding the Rusal’s asset in Guinea and ...
  • 2010-03-17 16:40:39
    NLMK completes environmental project in steelmaking operations
    Novolipetsk Steel has embarked on the final stage of reconstructing the gas exhaust ducts at BOF Shop No.1 - one of the key ecological projects at its main production site in Lipetsk, reports the press-service of NLMK. The procject is aimed at improving operational reliability and ...
  • 2010-03-16 18:34:13
    Mechel placed commercial papers at a sum of RUB 5 bn
    Mechel completed placement of its interest-bearing commercial papers of BO-02 series with an obligatory centralized custody (ID serial number 4B02-02-55005-E of 05.02.2009) at MICEX Stock Exchange ZAO, reported the press-service of Mechel. Placement was performed by public subscription ...
  • 2010-03-15 10:58:02
    VEB will examine a bid to finance modernization of Chusovoy Steel Works
    According to the press-service of the Perm region administration, Vnesheconombank (VEB) will examine a bid to finance modernization of Chusovoy Steel Works (part of United Metallurgical Company, OMK). Modernization is expected to cost 15bn rubles. The project includes: construction of an ...
  • 2010-03-11 16:46:38
    Accident at Chelyabinsk Metallurgical Plant has divested it of coking coal
    According to Mechel press-service on March, 11 at 9.30 a.m. local time (7.30 a.m. Moscow time) in the coke shop #2 of Mechel-Coke OOO planned steam-cleaning operations for a gas pipe line of recycling coke gas were implemented. At 10.20 a.m. in the tunnel of the coke oven battery #8 machine ...
  • 2010-03-10 12:45:13
    NkaZ restarts production capacities and increases output by 10% in 2010
    Production capacities at Site #1 of the Novokuznetsk aluminium smelter (NkAZ, a part of UC Rusal) , which were suspended in March 2009 as part of the anti-crisis Cost Efficiency Leader programme, are restarted. Site #1 has already brought back online 183 pots, with a total of 264 pots ...
  • 2010-03-09 10:51:44
    Severstal reports 2009 earnings
    OAO Severstal, one of the world’s leading steel and mining companies, with key assets in Russia, the US and Europe has posted today results for 12 months ended 31 December 2009. Revenue decreased to $13,054 million from $22,393 (FY2008)million because of market conditions, ...
  • 2010-03-05 11:37:16
    NLMK to issue 10 year bonds with the total value of RUB 50 bn
    Novolipetsk Steel (LSE: NLMK) Board of Directors took a decision to launch the ruble corporate bond program series 01-06 with a maturity of 10 years. The total value of the program is RUB 50 bn. The Board also approved the decision to issue the bonds and the Prospectus of 01-06 series bond ...
  • 2010-03-04 16:27:38
    Severstal acquires the Lucchini family’s stake in Lucchini SpA
    Severstal acquires the Lucchini familil’s stake in Lucchini SpA OAO Severstal (LSE: SVST; RTS: CHMF), one of the world’s leading steel and mining companies, with key assets in Russia, the US and Europe, and the Lucchini family announced that Severstal had acquired the ...
  • 2010-03-03 17:52:49
    UGMK invests in development of SUMZ rub 1 bn
    Investment program of UGMK on development of SUMZ (Sredneuralsky Copper Smelter, part of UGMK) will exceed rub 1 bn (approximately $33 ml), said UGMK Director General Andrey Kozitsyn at meeting with employees of the smelter. Accordingly to Kozitsyn, the majority of the funds will be ...
  • 2010-03-03 10:58:29
    Standard & Poor’s changes NLMK’s outlook rating to “stable”
    Standard & Poor’s, the international rating agency, has raised its outlook for NLMK's BBB- corporate rating from “negative” to “stable” and revised its national scale rating from ruAA+ to ruAAA, reported press-service of NLMK. Standard & Poor's also ...
  • 2010-03-03 10:53:15
    Standard & Poor’s changes NLMK’s outlook rating to “stable”
    Standard & Poor’s, the international rating agency, has raised its outlook for NLMK's BBB- corporate rating from “negative” to “stable” and revised its national scale rating from ruAA+ to ruAAA, reports the press-service of NLMK. Standard & Poor's also ...