Metallurgy news

Page 56 of 65
«First  ←Previous         Next→  Last»
  • 2008-01-28 11:58:02
    Novolipetsk Steel to acquire international steel trading companies
    OJSC Novolipetsk Steel (LSE: NLMK), the leading Russian steel producer, announces today that its 100% owned subsidiary, NLMK International BV (Netherlands), has signed an agreement to acquire a 100% stake in Novexco (Cyprus) Limited and 100% of Novex Trading (Swiss) S.A., both trading ...
  • 2008-01-25 14:08:27
    An Aluminium Smelter to be Built in Sakhalin
    The first in 2008 meeting of journalists with Mr. A. Khoroshavin, Governor of the Sakhalin Region was held at the Administration of the Sakhalin region. Mr. A. Khoroshavin announced that building of an aluminium smelter in the Uglegorsk region was important for Sakhalin. It was discussed at ...
  • 2008-01-25 14:07:31
    Izhora Tubes and Pipes Works to Produce K65(X80) Pipes
    Coordination Council of 2 Severstal affiliated enterprises – Cherepovets Steel Works and Izhora Tubes and Pipes Works have summed up 2007 cooperation results and worked out strategy for 2008. According to Mr. A. Kruchinin, Director General Cherepovets Steel Works and Chairman of ...
  • 2008-01-24 14:36:33
    Great Britain Fears of Transfer of IPO Rusal from London
    Financial Times with a reference to a Basic Element top manager as a source has reported that IPO of UC Rusal for more than $9 bln may be transferred from LSE to Hong Kong. According to the source, the chances are high (95%). The publication continues it is largely due to toughening of LSE ...
  • 2008-01-24 14:10:53
    Karabashmed has Entered into Second Stage of Modernization
    Basing on Ausmet technology Karabashmed has entered into second stage of modernization and extending of production. The second stage includes building of the second sulfur plant and the second oxygen station before 2011. The project also includes building of the second stockyard and an ...
  • 2008-01-24 14:08:38
    Vyksa Steel Works to Invest 2.3 bln rubles in Modernization of Oil and Gas Tubes Mill
    In 2008-2009 Vyksa Steel Works will invest 2.3 bln rubles in modernization of a mill in electric welding tubes plant #3, small and medium diameter tubes production complex. Electric welding tubes plant #3 produces oil and gas tubes of 203-530 mm in dia. The project includes setting up of ...
  • 2008-01-24 14:06:45
    MMK Provided Guarantee MMK Trading AG for $ 600 mln
    Magnitogorsk Iron and Steel Works has become an underwriter of the agreement on credit line arrangement sighed between its sister company MMK Trading AG and BNP Paribas, a Swiss bank. The decision was made on January 21, 2008 at the stockholders’ meeting. The cost of the transaction ...
  • 2008-01-24 13:43:34
    Estar shareholder agrees to buy Istil
    Istil Metallurgical Holding (IMH) has agreed to sell its Donetsk mini-mill Istil to Vadim Varshavsky, a major shareholder in Russia’s Estar Group, according to a press release distributed on Thursday. Varshavsky, who is also a State Duma deputy in Russia, has entered into the ...
  • 2008-01-23 12:11:10
    Novolipetsk Steel trading update for Q4 2007 and FY 2007
    Novolipetsk Steel released the following regular trading update for Q4 2007 and FY 2007. In general, NLMK’s main production site and major subsidiaries successfully realized production targets in 2007. Meanwhile, growing steel prices, as well as changes in the product mix towards ...
  • 2008-01-23 11:28:38
    European Commission extended divestiture period in respect of Highveld’s vanadium assets
    Evraz Group announces that the Commission of the European Communities has further extended until 20 April 2008 the divestiture period during which Highveld Steel and Vanadium Corporation Limited (“Highveld”), South Africa, is obliged to dispose of certain vanadium assets of Highveld.
  • 2008-01-22 15:16:10
    UC RUSAL and International Aluminium Institute (IAI) join efforts in safety initiatives
    UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that Victoria Petrova, the head of the company’s HR Directorate, has been appointed co-chair of the Safety Committee of the International Aluminium Institute (IAI). This appointment provides UC ...
  • 2008-01-22 15:12:34
    Volgograd Steel Works "Кrasniy Oktyabr” Increased Output by 2% in 2007
    In 2007 Volgograd Steel Works "Кrasniy Oktyabr” melted 732.3 thou tons of steel which is 2% more compared to 2006 (714.9 thou tons). Prefabricated products output increase by 3% reaching 533.4 thou tons (in 2006 – 514 thou tons). Nevertheless, in term of money this index ...
  • 2008-01-22 14:53:29
    FAS Allowed Norilsk Nickel to Trade Nickel with 3% Maximum Surcharge
    Federal Antimonopoly Service of the Russian Federation (FAS) has approved of the application of a group representing Norilsk Nickel, Norilsk Supplying Complex, Zapolyarie Building Company, Norilsk Industrial Transportation, Zapolyrie Health Center, Norilsknickelremont, Norilsk-Telecom, Taimyr ...
  • 2008-01-22 14:08:17
    Rostov Electric Metallurgy Works to Start Series Melting
    On January 19 scheduled tests were successfully performed at Rostov Electric Metallurgy Works (Shakhty, the Rostov region), press service of Estar Group of Companies reports. The Works is now ready to start series melting. Estar Group of Companies, Metallurgical Holding incorporates: ...
  • 2008-01-21 14:29:28
    Changes in Russian Aluminium Shapes Market
    Analysis of development of Russian aluminium shapes market clearly shows an active growth of extrusion facilities. For example, in December 2006 Agrisovgaz (Maloyaroslavets, the Kaluga region) put into operation a new extrusion line with the force of 1.850 thou tons which will enable to ...
  • 2008-01-21 12:16:01
    MMK Increased Blast Furnace Capacity
    A general overhaul of blast furnace #9 finished at Magnitogorsk Iron and Steel Works. Setting up of a bellless charger by Paul Wurth (Luxemburg) was part of the project. Due to the general overhaul steel quality will improve and output will increase, whereas the setting up of the new charger ...
  • 2008-01-21 11:51:34
    Chusovoy Metallurgical Works Increased Output in 2007
    In December 2007 Chusovoy Metallurgical Works produced 41.2 thou tons of rolled products (up 84% against 22.4 thou tons in December 2006), UMC press-service reports. In 2007 the total rolled products output reached 449.3 thou tons, which is 24.1 thou tons more compared to the total output in ...
  • 2008-01-18 14:13:21
    New Director General of ChTPZ Group has Been Appointed
    On January 15, 2008 Mr. Pavel Pelyugin, former Sales Director of ChTPZ was appointed Director General of ChTPZ Group, a management company of Chelyabinsk Tube-Rolling Plant and Pervouralsky Novotrubny Works. Mr. Vitaly Sadykov who had been Director General of ChTPZ Group since 2002 ...
  • 2008-01-18 13:08:07
    Norilsk Nickel will Increase Output
    By experts’ estimations in 2008 value of Norilsk Nickel shares will continue increase. According to IFC Metropol, today fair value of the shares reaches $340.4 per a share and the value increase potential is expected 28% against the present value. Analyst assume that the recent ...
  • 2008-01-18 12:57:24
    Mechel has Summed up 2007 Production Results
    In 2007 Mechel increased steel output by 2% to 6.09 mln tons compared to 2006. Last year pig iron output reached 3.685 mln tons (1% up compared to 2006), coke – 3.886 mln tons (51% up), nickel – 17 thou tons (19% up), mesh products – 683 thou tons (12% up), forgings – ...
  • 2008-01-18 12:04:54
    Magnitogorsk Iron & Steel Works (MMK) announces its production results for the 4th quarter and 12 months of 2007
    Steel products output of MMK grew by 7.6% in 2007 compared to 2006 and amounted to 12.2 mln tons. It is the record level of production in MMK history. The slight decrease of cast iron output is due to repairs and upgrading of blast furnaces. The crude steel production increased by 6.5% ...
  • 2008-01-17 17:14:02
    Magnezit Group Bought SLOVMAG Refractory Plant
    Magnezit Group bought 99.6% stake of SLOVMAG, Lubenik, Slovakia, the largest producer of refractory materials in Eastern Europe. The works operates a complete cycle of production of magnesia products and unmolded materials including magnesite excavation and dressing, magnesite powders ...
  • 2008-01-17 12:50:01
    VSMPO-Avisma Tubes Mill Increases Production
    In 2007 VSMPO-Avisma Tubes Mill (Nikopol, Ukraine) produced 299.35 tons of titanium tubular products (527 thou m) including 242.97 tons (524.7 thou m) of seamless cold-formed tubes and 56.38 tons (2.3 thou m) of seamless hot-formed tubes (in cooperation with Interpipe Niko Tube). Comparing to ...
  • 2008-01-16 12:50:03
    Kamkabel has Summed up 2007 Production Results
    Kamkabel has summed up its 2007 product results. Press-center of the works reports that the total output increased by 9% against 2006. The works produced power cables 19% more (26.697 thou km against 22.479 thou km in 2006). Increase in production of self-supporting insulated wires reached 48% ...
  • 2008-01-16 12:42:00
    ChTPZ Group Ferrous Division Ships 1,895,000 Tonnes of Product to Customers in 2007
    Chelyabinsk Tube-Rolling Plant (ChTPZ, Chelyabinsk, Russia) (RTS: CHEP) and Pervouralsk New Pipe Plant (PNTZ, Pervouralsk, Sverdlovsk region, Russia) (RTS: PNTZ), both in ChTPZ Group, shipped 1,895,000 tonnes of pipe products to customers in 2007, an increase of 10% as compared to 2006 ...
  • 2008-01-16 12:24:19
    Kolchugtsvetmet Increased Output to 25.05 Thou Tons
    Kolchugtsvetmet (Kolchugino, the Vladimir region) increased non-ferrous rolled products output by 12.3% to 25.05 thou tons in 2007. By estimation, sales proceeds increased by 30% to 7 bln rubles. In 2008 the works plans to increase output by 17.8% to 29.5 thou tons including production of ...
  • 2008-01-15 14:43:36
    UC RUSAL Aluminium Division receives international Occupational Health and Safety certification
    UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that its Aluminium Division has received certification of compliance with the Occupational Health and Safety Assessment Series (OHSAS) Specification 18001. Norwegian audit company Det Norske Veritas ...
  • 2008-01-15 13:20:41
    Steel Profile to Increase Steel Tubes Output
    Steel Profile, Novosibirsk Steel Works that forms part of Metallurgical Holding of Estar Group of Companies announced production results of 2007 showing steel tubes output 9.667 thou tons which is 73 % more than in 2006 (5.595 thou tons). Alexander Kurdyukov, Executive Director of Steel ...
  • 2008-01-15 13:18:25
    Russia Increases Copper and Nickel Exports
    In January-November 2007 Russia exported 258.1 thou tons of refined copper for $1.714 bln. According to the report of Federal Customs Service, 253.3 thou tons were exported outside of the CIS for $1.683 bln, to the CIS – 4.8 thou tons for $31.3 mln. In 2006 Russia exported 268.9 thou ...
  • 2008-01-15 12:47:10
    Management System of Sredneuralsk Copper Melting Works Complies with International Standards
    Auditing results have showed integrated management system (IMS) of Sredneuralsk Copper Melting Works complies with international standards. IMS includes quality management system, ecological management system as well as professional safety and health caring systems which comply with ...
  • 2008-01-15 11:03:59
    Mechel Closes Syndication of US$2 Billion Loan
    Mechel (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has closed syndication of a US$2.0 billion loan for refinancing its Yakutian coal assets acquired at auction on October 5, 2007. Mechel OAO and the international banks acting as the joint book ...
  • 2008-01-14 15:10:58
    In 2007 Almetyevsk Pipe Plant Increase Dispatch of Pipes by 8%
    UMC press service reports that in 2007 Almetyevsk Pipe Plant produced 138.5 thou tons of pipes of different range and 44.6 thou tons of pipes with outer polyethylene coating which is 12% more than in 2006 (123. 6 thou tons) and 3% (43.3 thou tons) respectively. In 2007 dispatch of pipes ...
  • 2008-01-14 14:53:40
    In 2007 Vyksa Steel Works increased Production of Tubes and Wheels
      UMC press service reports that in 2007 Vyksa Steel Works produced 1.707 mln tons of tubes of different range exceeding the output in 2006 by 11% (1.536 mln tons). Last year the works produced 944 thou tons of pipes which is 12% more than in 2006 (843.1 thou tons). In 2007 wheel ...
  • 2008-01-14 14:45:56
    11 Companies Applied for Auction to Develop Deposit in Irkutsk Region
    On March 13 Irkutsknedra will hold an auction for the right to develop Iysko-Tagulsk deposit containing nickel, copper, and metals of the platinum group. The amount of the payment for participation in the auction starts from 110 mln rubles. The application deadline is December 26, 2007. All in ...
  • 2008-01-14 13:04:41
    Prices for Copper Rolled Products have Stabilized
    Analysis of prices for copper rolled products shows their stabilization. E.g. in the beginning of December in the Moscow region market M1 sheets were sold for 255–267 thou rubles per 1 ton (depending on dispatch volume), whereas last week – 253–267 thou rubles. A similar ...
  • 2008-01-11 14:38:57
    Novolipetsk Iron and Steel Works will Galvanize Strips without Using Harmful Hexavalent Chrome
    Novolipetsk Iron and Steel Works has mastered the technology of coated rolled metal production fully agreeable to 2000/53/ЕС and 2002/95/ЕС ecological standards. Soon corrosion-resistant solutions not bearing harmful to environment hexavalent chrome will be used in chemical preparation of ...
  • 2008-01-11 11:09:00
    PSC VSMPO-AVISMA Corporation Published its Audited Financial Statements on a US GAAP Basis for 2006
    PSC VSMPO-AVISMA Corporation reported consolidated Net Income of $204.01 million for 2006, an increase of $129.4 million (173%) over 2005. All amounts reported are in US dollars. Consolidated Sales, Gross Profit and EBITDA for 2006 are $1003.22 million; $478.13million; and $338.70 million ...
  • 2008-01-11 11:04:09
    Severstal Bought Tube Plant in Poland
    Severstal has bought Technologie Buczek, a Polish steel tubes producer for $22 mln, mass media report. Severstallat, a sister company of Severstal was engaged in the transaction. Experts believe Severstal plans to turn the Polish office into a center of coordination of its activities in ...
  • 2008-01-10 17:29:52
    Novosibirsk Steel Works Named after Kuzmin Increased Output of Cold-Rolled Sheets by 19% in 2007
    In 2007 Novosibirsk Steel Works Named after Kuzmin incorporated in Estar Holding produced 31.04 thou tons of hot-rolled sheets which is 17 % more compared to 2006 (26.63 thou tons); cold-rolled sheets -- 7 392 tons, 19% up compared to 6 225 tons in 2006; cold-rolled bands - 5 586 tons (+16 % ...
  • 2008-01-10 16:49:41
    MMK has Put into Operation a New Horizontal Boring Machine
    A new horizontal boring machine was put into operation at the mechanical plant of MMK Repairing Complex. The new machine was substituted for an old machine # 58 which had been operated at the mechanical plant for 45 years. The new machine produced by Novosibirsk Heavy Machine Tool and ...
  • 2008-01-10 15:36:42
    Electrocable Works, Kolchugino has Summed up Production Results of 2007
    Press-service of Electrocable Works (Kolchugino, the Vladimir region) reported cable products sales revenue of 10 billion rubles in 2007. The income will be spent on fulfillment of some social projects, as well as technical reconstruction and modernization of production facilities. The works ...
  • 2008-01-09 11:45:57
    Evraz Announces Expiration of HSR Waiting Period for Acquisition of All Outstanding Shares of Claymont Steel Holdings Inc
    Evraz Group S.A. (LSE: EVR) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) relating to its tender offer, through its wholly owned subsidiary Titan Acquisition Sub, Inc., to purchase all of the outstanding shares of common stock of ...
  • 2008-01-09 11:43:01
    The Board of Directors of MMC Norilsk Nickel created a new committee
    The Board of Directors of MMC Norilsk Nickel (the “Company”) reviewed, among other issues, the creation of a Committee of Independent Directors within the Company’s Board of Directors. The Board of Directors made a decision to create the Committee, which is made up of ...
  • 2008-01-09 11:36:53
    Severstal Announces Change to SeverCorr Executive Management Team
    Columbus, Mississippi: Severstal, one of the world’s leading metals and mining companies, today announced that John Correnti, CEO of SeverCorr, and other founding senior managers of the next generation steel mill located in Columbus, Mississippi, will transition executive management of ...
  • 2007-12-28 14:01:06
    11 Months Production Results of Kirov Non-Ferrous Metals Processing Plant Show the Same Level as in 2006
    In January-November 2007 Kirov Non-Ferrous Metals Processing Plant incorporated in UMMC produced 30 377 tons of non-ferrous rolled products (100.2 % compared with the same period of 2006); copper rolled products - 12 655 tons (100.8%), bronze – 568 tons (154%), copper-nickel – 509 ...
  • 2007-12-28 13:58:59
    Uralcable to Increase Production 1.5 times over 11 Months
    In January-November 2007 Uralcable produced 76.603 thou km of cable products (147.7% more compared with the same period of 2006). The company produced 105 km of power cables (127.8%), oil bottom cable – 2.392 thou km (1.3 times more), motor wire – 35.683 thou km (5 times ...
  • 2007-12-28 13:08:20
    D&POS to Launch Production of Reinforcing Sections and Mounting Bars
    Reinforcing sections and mounting bars have been added to the range of products manufactured by D&POS. Such type of sections are used for reinforcement in PVC window and door structures. The mounting bars are used in manufacture of flanged joints of air ducts. The Sections manufactured by ...
  • 2007-12-27 13:52:09
    In January-November 2007 Elektrozinc Increased Marketable Zinc Output
    In January-November 2007 Electrozinc, Vladikavkaz produced 82 236 tons of marketable zinc (102.4% more compared with the same period of 2006), marketable lead – 33 751 tons (100%), sulfuric acid – 153 688 tons (102.9%), cadmium – 236 tons (114%). Besides, in the 11 ...
  • 2007-12-27 13:50:17
    Fist Lot of Pipes with Smooth Inner Surface Coating has been Produced at Volzhsky Pipe Plant
    Experimental operation of new equipment for coating of big diameter pipes with smooth inner surface coating has started at Volzhsky Pipe Plant. Setting up of the line for coating of big diameter pipes with smooth inner surface coatings of 530 up to 1420 mm; wall thickness up to 42 mm is ...
  • 2007-12-27 12:29:46
    MMK to Announce 2007 Preliminary Production Results
    The last in 2007 meeting of the economic council headed up by V. Shmakov, Vice-President for Finances and Economy, MMK Management Company, were held at Magnitogorsk Iron and Steel Works. Results of MMK operation in November, 2007 preliminary production results, main trends of development of ...