Metallurgy news

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  • 2009-11-16 10:59:24
    Ural Boeing manufacturing makes 2010 plan
    JV Ural Boeing Manufacturing (UBM) Board of Directors meeting took place November the 6th. BOD members approved business-plan and operating plan for 2010. A set of issues was resolved as to contracts planned for approval in the short run. To date, trial part machining has been ...
  • 2009-11-16 10:55:21
    TMK has granted official dealers’ certificates for 2010
    Pipe Metallurgical Company (TMK), one of the leaders of the world tubular industry and the biggest Russian tubular products producer and exporter held a ceremony of granting of TMK official dealers’ certificates for 2010. Next year 87 leading metal and steel trading companies from ...
  • 2009-11-06 10:00:00
    Fitch Ratings confirms investment grade 'BBB-' rating on MMC Norilsk Nickel
    specialFuncTUFLWW($2("crumbs-layer")); On November 5 international rating agency Fitch Ratings (hereinafter – Fitch) confirmed MMC Norilsk Nickel’s investment grade credit rating at the level of 'BBB-' .The Outlook changed from negative to stable. According to ...
  • 2009-11-06 09:49:23
    First lot of pipes from MMK steel has been produced at Chelyabinsk Pipe Rolling Plant
    On November 5, Chelyabinsk Pipe Rolling Plant, ChTPZ Group produced the first lot of big diameter pipes from steel made on MMK Mill 5000. The pipes 1020 mm in dia. 11 mm wall thickness, and K52 strength class were manufactured to current orders for oil and gas companies. Specialists of the ...
  • 2009-11-05 10:14:28
    Mechel announces new appointments
    Viktor Dyshlevich (51) is appointed Chief Executive Officer for Mechel’s East-European Steel Division effective from October 26, 2009. At this position he succeeded Vyacheslav Shmyga who has taken the position of Chief Executive Officer for Mechel-Workshop OOO headquartered in ...
  • 2009-11-04 13:02:37
    2 720 heads of steel companies and professionals will receive more than 20 000 visitors of Metal-Expo’2009 on their stands
    Big delegations of steel and machine-building companies have announced their participation in Metal-Expo’2009, 15th International Industrial Exhibition. The delegations will consist of professionals and specialists such as chief engineer, chief metallurgist, chief power engineering ...
  • 2009-11-03 11:13:18
    In the presence of the customer
    At VSMPO-AVISMA Corporation, certification titanium rings of rotor quality designated for aircraft engines were rolled in the presence of the Customer - Techspace Aero, a Belgium company. In 2010 Techspace Aero plans to order several part numbers of new titanium items from the ...
  • 2009-11-02 10:13:05
    UC RUSAL and NORINCO sign a contract for aluminium delivery
    World aluminium leader increases sales to China, the world’s key aluminium consumer UC RUSAL, the world’s largest producer of aluminium and alumina, and China North Industries Corporation (NORINCO), one of China’s largest diversified corporations, are pleased to ...
  • 2009-11-02 10:03:25
    TMK Premium Threading Technology Licensed to Wesco Abu Dhabi
    TMK, one of the world’s leading producers of steel pipes for the oil and gas sector, today announces that it licensed its TMK PF and TMK FMT premium connection technology to Wesco Abu Dhabi (Wesco), a subsidiary of the WEIR Group of Companies, Scotland. The licensing agreement ...
  • 2009-11-02 10:00:59
    NLMK closes order book for first installment of its bond issue
    Novolipetsk Steel, a leading Russian steel company, is pleased to announced that the company has closed the order book for its first installment of the bond issue (series БО-05).  The issue has a total value of RUR10 billion with a nominal value of RUR1,000 per one bond and a maturity ...
  • 2009-10-30 10:50:50
    Mechel Reports Its Operational Results for First Nine Months of 2009
    Mechel, one of the leading Russian mining and metals companies, announced today its operational results for the first nine months of 2009. Product First nine months of 2009, thousand tons  Q3 2009, thousand tons ...
  • 2009-10-29 10:24:28
    Chelyabinsk Zinc Plant reports 15.5% production increase for the 3Q of 2009
    Chelyabinsk Zinc Plant, Russia’s largest producer of zinc and zinc alloys, is pleased to announce its production results for the nine months of 2009. July through September 2009, Chelyabinsk Zinc Plant (CZP) produced 31,5 thousand tonnes of salable SHG zinc and zinc based ...
  • 2009-10-29 10:21:48
    Evraz signs US$950 million credit facility with Gazprombank
    Evraz Group announces that it has signed three credit facility agreements with the Russian bank, Gazprombank, for a total amount of US$950 million for a period of 45 months. Credit lines of US$500 million, $300 million and US$150 million may be extended to Evraz's wholly-owned Russian ...
  • 2009-10-29 10:19:19
    Moody's raises NLMK's outlook rating to stable
    Moody’s investor service, the International rating agency, has raised its outlook for Novolipetsk Steel’s Ba1 corporate family rating and the outlook on NLMK’s Aa1.ru national scale rating from “negative” to “stable”. The change of the outlook to ...
  • 2009-10-28 10:12:58
    RUSAL announces new executive appointments in its Aluminium Division
    RUSAL, the world’s largest producer of aluminium and alumina, has announced the appointment of Yuri Moisseev, former managing director of the Nadvoitsy aluminium smelter, as the new managing director of the Bogoslovsk aluminium smelter. Alexander Krasovitski, the current director of ...
  • 2009-10-28 10:06:39
    MMK announces financial results under RAS for 3Q 2009
    The results reflect MMK operations only and do not relate to subsidiaries or affiliated companies. Key Q 3 2009 operational highlights Crude steel output amounted to 2.8 mln tons (+31% q-o-q). Finished steel products output equaled to 2.6 mln tons (+36% ...
  • 2009-10-27 10:01:48
    NLMK lowers intensity of energy production
    Novolipetsk Steel will lower specific steel production energy intensity by 9% to 5.75 Gcal/t within three years to reach the best performance of similar EU steel companies. The decrease in specific energy intensity between 2010 and 2012 will be accomplished by increasing in-house energy ...
  • 2009-10-27 10:01:00
    Severstal releases Q3 2009 operational results
    Severstal has released its Q3 2009 operational results as follows. Production of crude steel in Q3 2009 was 4,519 thousand tonnes, 19% higher than in the previous quarter. Production of rolled products also increased by 19% to 3,426 thousand tonnes q-o-q. Total production of iron ore pellets ...
  • 2009-10-26 00:45:04
    Chelyabinsk Zinc Plant reports 15.5% production increase for the 3Q of 2009
    Chelyabinsk Zinc Plant Russia’s largest producer of zinc and zinc alloys, is pleased to announce its production results for the nine months of 2009. July through September 2009, Chelyabinsk Zinc Plant (CZP) produced 31,5 thousand tonnes of zinc and zinc based alloys, an increase of ...
  • 2009-10-23 08:34:42
    MMC Norilsk Nickel is pronounced Russian leading foreign trader
    MMC Norilsk Nickel was named Best Foreign Trade Leader within the framework of 2009 Customs Olympus Russian contest organized by Federal Customs Service of the Russian Federation. At the official awards ceremony on October 21, 2009 MMC Norilsk Nickel was granted the Diploma of Honor and ...
  • 2009-10-23 08:31:14
    NLMK commissions new hot-dip galvanizing line
    NLMK has commissioned the fourth Hot-Dip Galvanizing Line (HDGL-4) with an annual capacity of 300,000 tonnes at the main production site in Lipetsk.  The thinner galvanized steel (up to 0.22mm) will allow the Company to expand its product mix. The new process line is designed for the ...
  • 2009-10-22 11:45:11
    Evraz priced 20 billion roubles bond issue
    Evraz Group S.A. announces it has priced a 20 billion rouble bond (approx. US$683 million) at a coupon rate of 13.5% per annum. The bonds, to be issued by a wholly owned subsidiary of Evraz, OOO Sibmetinvest, will mature in 2019 and will have a 5-year put option. The bond placement is ...
  • 2009-10-22 11:03:30
    Mechel completed placement of its 05 series bonds
    Mechel completed placement of its secured non-convertible interest-bearing documentary bonds payable on demand, an opportunity for early redemption at holders’ request and issuer’s discretion provided. Maturity falls 3 276 days after placement date, id est on October 9, 2018. ...
  • 2009-10-21 10:03:22
    Severstal announces results of voting on resolutions proposed at Extraordinary General Meeting
    OAO Severstal announces the results of voting on the resolutions proposed at the Extraordinary General Meeting held on 19 October 2009. To re-elect the Board of Directors of OAO Severstal composed of the following: Alexey Mordashov, Mikhail Noskov, Sergei Kuznetsov, Anatoly Kruchinin, Alexey ...
  • 2009-10-20 10:18:31
    Online registration of Metal-Expo’2009 visitors is closing tomorrow
    Tomorrow, on October 21, Metal-Expo is closing online registration of visitors of Metal-Expo’2009, 15th International Industrial Exhibition. In order to improve visitor service and to save visitors’ time Organizers of Metal-Expo decided to open online registration on the official ...
  • 2009-10-20 09:59:34
    NLMK’s specialists start using new equipment for air quality control
    The physical-chemical laboratory at NLMK's Industrial Ecology Department has begun using a new ultraviolet gas analyzer for continuous air contamination level measurement. By using the new equipment, the plant’s environmental specialists are able to control air quality dynamics at the ...
  • 2009-10-19 11:22:16
    Evraz acquires Carbofer Metall in Russia
    Evraz Group S.A. (LSE: EVR) (“Evraz”) announces the closing of the deal with Carbofer Group for the acquisition of Carbofer Metall, one the largest Russian steel distribution networks, which Evraz and Carbofer Group was discussing at the time of Evraz’s 1H2009 results ...
  • 2009-10-19 11:16:07
    MMK closes transaction on acquisition of 82.6% of Belon coal company
    OJSC “Magnitogorsk Iron and Steel Works” (MMK) announces that it has closed the transaction to get effective control over 82.6% of OJSC “Belon” (Belon) – one of the leading coal concentrate producers in Russia. At the final stage of the transaction MMK increased ...
  • 2009-10-16 11:22:13
    Development of world’s biggest complex ore deposit has begun
    Reportedly, on October 14, large scale boulder blasting was undertaken at Ozerny Complex Ore Deposit, Buryatia. According to the license agreement and plan of operation Metals of Eastern Siberia Corporation and Ozerny GOK incorporated in Metropol Group began large scale development of Ozerny ...
  • 2009-10-15 12:52:17
    Metal-Expo’2009 exhibitor list has been pasted on web-site
    Metal-Expo’2009, 15th International Industrial Exhibition will be held in Moscow on November 10-13, 2009 at Crocus Expo, one of the largest and the most modern exhibition fairgrounds. All the segments of Russian and international steel industries, machine-building, as well as metal and ...
  • 2009-10-15 11:26:16
    TMK announces third quarter 2009 production results
    The following may contain forward looking statements concerning future events. These are based on current information and assumptions concerning known and unknown risks and uncertainties. OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers, today ...
  • 2009-10-14 10:15:09
    Severstal-metiz opens Teci Rus and Teci Istanbul service centers
    The Severstal-metiz Group of Companies develops service and distribution in wire rope business. Two centres – Teci Rus and Teci Istanbul – have opened in Russia and Turkey. Following the strategy to become a leader in the world steel rope market, the Severstal-metiz Group and its ...
  • 2009-10-13 11:00:59
    Viktor Rashnikov to improve MMK management system
    Viktor Rashnikov, Chairman of Board of Directors, MMK, JSC has signed an order of improvement of management system of MMK, JSC Group. In order to abolish needless links in the management chain, decrease the number of management levels, improve organization structure, reduce management expenses, ...
  • 2009-10-12 10:52:23
    Controlling shareholders of NF Holdings B.V to close transaction for sale of 100% of NF Holdings B.V
    According to information obtained by CZP, the controlling shareholders of NF Holdings B.V., which owns a controlling interest in CZP, have closed the transaction for the sale of 100% of NF Holdings B.V. The purchasers under the transaction are a consortium of independent investors, including ...
  • 2009-10-09 11:28:32
    Hatch to develop cooperation with Russian mills
    Hatch, a Canadian company specializing in engineering and projects management in metal and steel complex plans to extend its presence in Russia. This was announced at the press-conference held on October 8. According to Kurt Strobele, head of Hatch, besides Canada, the company has its ...
  • 2009-10-09 11:04:59
    Quality of MMK plates is guaranteed by high technologies used on mill «5000»
    Plate mill «5000» with the capacity up to 1.5 mln a year was commissioned at MMK last July. Commissioning of the mill built according to the most advanced technologies used in the world machine-building enabled MMK to manufacture high quality and competitive products which has not ...
  • 2009-10-08 09:51:46
    RUSAL implements programme for alumina transportation in big bags
    UC RUSAL, the world’s largest aluminium and alumina producer, announces a new programme, developed by the Company, for alumina transportation in big bags. The programme has been launched at the Khakas, Sayanogorsk, and Bratsk aluminium smelters. Transport costs add considerably to total ...
  • 2009-10-08 09:47:20
    TMK supplies Sakhalin - Khabarovsk - Vladivostok Pipeline
    TMK, one of the world's leading producers of oil and gas pipes, announced today that it began shipments of longitudinal welded large-diameter pipes to Gazprom for the construction of the Sakhalin - Khabarovsk - Vladivostok gas pipeline. During the month of September, TMK shipped 8,000 tonnes ...
  • 2009-10-07 09:43:27
    Moody's Investors Service affirms investment grade 'Baa2' rating on Norilsk Nickel with stable outlook
    OJSC MMC Norilsk Nickel is pleased to announce that on October 6 Moody’s Investors Service (hereinafter – Moody’s) affirmed its 'Baa2' rating on the Company following a review of its current operating performance and recent business developments. The outlook remains stable. ...
  • 2009-10-06 10:14:28
    Mechel announces establishing its representative office in Japan
    Mechel, one of the leading Russian mining and metals companies, announces establishing its official representative office in Tokyo, Japan. The date of official opening of Mechel’s representative office in Japan is October 1, 2009. The representative office of the company will support ...
  • 2009-10-05 10:02:23
    Armenal launches full-scale production of 7-micron foil
     RUSAL, the world’s largest aluminium and alumina producer, announces the launch of full-scale production of ultra thin 7-micron foil at its Armenal foil mill in Armenia. Between 2007 and 2009 the facility invested over USD 6 million in production development with most of the budget ...
  • 2009-10-02 10:01:00
    OMZ to complete hydrotests of second grade hydrotreater for Lukoil-Nizhegorodnefteorgsintez
    Izhorskiye Zavody, part of OMZ Group, has successfully completed hydraulic tests of the second grade vacuum gas oil hydrotreater for the modernized Kstovo Refinery (LUKoil-Nizhegorodnefteorgsintez LLC). In the process of the hydraulic tests the reactor, representing a vessel 30 meters in ...
  • 2009-10-02 10:01:00
    Norilsk Nickel reports timely retirement of eurobonds in full for amount of USD 500 million
    Norilsk Nickel Finance Luxembourg S.A. retired a USD 500 million issue of Eurobonds and paid a coupon yield for the settlement date in the amount of USD 17.8 million. These funds will be distributed among Eurobonds holders by authorized agents Deutsche Bank AG and London Deutsche Bank ...
  • 2009-10-01 11:30:48
    Severstal Russian Steel division to supply steel products to St. Petersburg
    Cherepovets Steel Mill’s total supplies of A500C heat-strengthened rebar steels to Leningrad Nuclear Power Station in September exceeded 800 tons. Whereas total supplies In Jene-September Severstal-Invest Trade House supplied more than 230 tons of rebar steels to the construction site. ...
  • 2009-10-01 11:06:18
    Arkley Capital has completed transaction for selling its zinc assets
    Arkley Capital S.à r.l., Luxembourg, has completed a transaction through which 100% of the shares in NF Holdings B. V., which controls 58% of the shares of Chelyabinsk Zinc Plant (RTS, MICEX, LSE: CHZN) – a leading Russian zinc producer – has been sold. The purchaser was a ...
  • 2009-09-30 10:05:00
    Mechel announces change in name of its subsidiary
    Mechel OAO, one of the leading Russian mining and metals companies, announces that the name of its subsidiary, Mechel Management OOO, has changed. The subsidiary’s new name is Mechel-Steel Management Company OOO. From September 14, 2009, Mechel Management Company OOO, which is a part of ...
  • 2009-09-29 11:08:29
    Zlatoust Metallurgical Works has manufactured 17 thd tons of steel products in September
    Zlatoust Metallurgical Works has manufactured and dispatched 17 thd tons of steel products in September 2009. The production program of the works includes manufacture of 22 thd tons of steel products in September. Besides, increase in the charge of the works has been mainly furthered by a ...
  • 2009-09-28 10:52:54
    MMC Norilsk Nickel undertakes production modernization project worth Rub2.2 bln
    OJSC MMC Norilsk Nickel implements a project of metallurgical production modernization at the OJSC Kola MMC site in Zapolyarny (Murmansk Area). The project will allow replacement of the existing pelletizing-roasting circuit generating a considerable amount of non-treatable gaseous SO2 with ...
  • 2009-09-25 11:05:07
    Evraz announces major keystone XL pipe order
    Evraz Group announces that its subsidiary in North America, Evraz Inc. NA, has received a significant Large Diameter Pipe order from TransCanada Corporation for a portion of the Keystone Gulf Coast Expansion Project (Keystone XL). Keystone XL’s 1,980 mile (3,200 kilometers) 36” ...
  • 2009-09-24 11:00:50
    Severstal to resume cooperation with Interpipe
    Severstal Ukraine incorporated in Severstal Russian Steel division resumes cooperation with Interpipe Group. According to I. Gutorov, Director General, Interpipe, 1.5 thd tons of low rolled products of low alloyed steels which are not produced in Ukraine were dispatched to the company in July- ...