Metallurgy news

Page 60 of 65
«First  ←Previous         Next→  Last»
  • 2007-07-27 12:30:36
    Severgal has Produced Half a Million Tons of Hot-Dip Galvanized Rolled Products
    Severgal line for production of hot-dip galvanized rolled products has produced half a million tons of products since it was launched. Severgal (fully owned by Severstal) was founded in February 2002. The company produces galvanized sheets (thickness – 0.4-2.0 mm, width - 900 to 1850 mm) ...
  • 2007-07-26 13:42:00
    MMK to Increase Share of High Value Added Products up to 85.4 % by 2013
    Over the latest decade MМК has been increasing the share of subsequent conversion products. In 2002 the biggest in Russia continuous hot-dip galvanizing unit with the capacity of 500 thou tons per year was put into operation at the mill. In 2004 a polymer coating unit with the capacity of 200 ...
  • 2007-07-25 15:48:40
    New Deputy Director General for External Trade Affairs has Taken up a Post at Mechel
    Mr. Oleg Rozenberg has been appointed Mechel Management Company Deputy Director General for External Trade Affairs. Mr. O. Rozenberg’s functions include development of sales systems of Mechel mining and metallurgical plants in the international markets, as well as matters related to ...
  • 2007-07-25 13:17:46
    Norilsk Nickel has Prolonged Term of Validity of its Offer to LionOre Share Holders till August 13
    Today Norilsk Nickel has announced the prolongation of term of validy of its offer regarding buying of all the issued and current shares of LionOre at CAD 6.8 billion till 20:00 Toronto time, Monday, August 13, 2007. Norilsk Nickel press service says prolongation of the term of validity ...
  • 2007-07-24 12:11:42
    The Government of the Sverdlovsk Region Intends to Speed up Starting up of Asbestos Magnesium Plant
    The Ministry of Industry, Energy and Science of the Sverdlovsk region says the new complex of Asbestos Magnesium Plant will require 256 mln cubic meters of gas a year to meet technological and household demands at the first stage whereas after reaching its production capacity the plant will ...
  • 2007-07-24 12:08:34
    Trubodetal to Invest $23 mln in Built-Up Steel T-Joints Manufacture
    Trubodetal has begun to carry out an investment project on building facilities for built-up steel T-joints manufacture. The goal of the project is to master new types of products: low pressure (1.6-5.6 MPa) and high pressure (9.8-15 MPa) T-joints. Since high pressure T-joints are not produced ...
  • 2007-07-24 10:39:37
    MMK Reconstructs the Biggest Mill
    Reconstruction of hot rolling mill 2000 at sheet rolling plant # 10 continues at Magnitogorsk Iron and Steel Works (MMK). The mill put in operation in 1994 is still the most productive at MMK; last year more than 5.5 mln tons of hot rolled sheets were produced at the mill. Today the mill is ...
  • 2007-07-23 12:27:56
    CZP Receives OHSAS 18001:1999 Certificate
    Chelyabinsk Zinc Plant (LSE: CHZN, RTS: CHZN), Russia’s largest producer of zinc and zinc alloys, has passed a regular certification audit of its integrated management system. The audit was carried out by the internationally recognized independent certification organization Bureau ...
  • 2007-07-20 12:48:33
    Independent auditors confirm compliance of NLMK with international standards
    NLMK is pleased to announce that its Environment Management System has passed an oversight audit for compliance with the international standard ISO-14001:2004 “Environment management system” conducted by an independent certifying body TÜV CERT (Germany). The company also ...
  • 2007-07-19 13:52:11
    UC RUSAL announces H1 2007 Results
    Highlights i • Alumina production rose by 4.6% compared to the same period last year and amounted to 5,583,833 tonnes. • Aluminium production increased by 3.8% to 2,037,236 tonnes compared to the first half of 2006. • Output of high value-added ...
  • 2007-07-19 12:02:18
    MMK boosts net profit
    The net profit of Magnitogorsk Iron and Steel Works (MMK) under Russian Accounting Standards (RAS) grew 68.12 percent to over RUR26.1bln (approx. USD1.03bln) in the first half of 2007 compared to the same period a year earlier. According to the company's data, net profit stood at around ...
  • 2007-07-18 15:12:38
    ChTPZ Group Ferrous Division Ships 971,000 Tons of Product to Customers for the first six month of 2007
    Chelyabinsk Pipe Rolling Plant and Pervouralsk New Pipe Plant, both in the ChTPZ Group, shipped 971,000 tons of pipe products to customers for the first six months of 2007. This is 28% more than for the same period of 2006 (761,300 tons). In January-June 2007, ChTPZ sold 539,000 tons of pipes. ...
  • 2007-07-18 13:40:13
    New Video Has Been Pasted on Metal-Expo Official Web Page
    Some pages of Metal-Expo, International Industrial Trade Show official web-page have been updated. Metal-Expo has posted new reviews of steel producers, consumers, traders as well as scientific institutions about the exhibition . Metal-Expo has also opened a new page entitled ...
  • 2007-07-17 16:12:07
    MMK: new growth strategy calls for 40% hike in investments
    The BoD of Magnitogorsk Metallurgical Plant, has approved a new long-term rollout strategy for 2007-2013. In line with the plan, total investments that MMK intends to allocate to implementing new projects over this period will amount to $5.596 bln, which ...
  • 2007-07-17 11:53:01
    Evraz Extends the Offer Period to Acquire Highveld Shares
    Evraz Group S.A.  announces that, following its announcement of 4 June on the offer to acquire shares in Highveld Steel and Vanadium Corporation Limited ("Highveld"), other than those currently held by Evraz, and its announcement of 4 July on the extension of the offer period, ...
  • 2007-07-17 11:36:48
    Mechel announes the commissioning of new equipment at Beloretsk metallurgical plant
    Last weekend at Beloretsk Metallurgical plant, new equipment for production of rope, fastener and fibre wire was commissioned. The new equipment has been manufactured by Ernst Koch, one of the leading German manufactures of industrial equipment. The official ceremony for opening the new ...
  • 2007-07-17 10:51:12
    UC RUSAL opens Industrial Park Siberia branch in Komi Republic
    UC RUSAL today announced the launch of a new branch of Industrial Park Siberia in the town of Ukhta. The new plant will supply metal structures for the ongoing construction of a bauxite and alumina complex within the Komi Aluminium project. The plant is expected to produce about 51,000 tonnes ...
  • 2007-07-13 16:03:33
    Izhorskiye Zavody Successfully Completes Contract with Uralskaya Stal
    Izhorskiye Zavody OJSC, a part of OMZ (Uralmash-Izhora Group) announced that it has successfully completed production of metallurgical equipment for Uralskaya Stal company located in Novotroitsk, Orenburg region. The contract for production of the equipment was signed in August 2005. It ...
  • 2007-07-13 10:52:04
    Magnitogorsk Iron & Steel Works announced its production results for the 6 months of 2007
    The information is presented for MMK parent company only. Production Production volumes of MMK for H1 2007 and H1 2006 H1 2006 ...
  • 2007-07-12 13:33:09
    Seversky Tube Works and Corinth Pipeworks JV launches new product line
    ZАО “TMK-CPW”, a joint venture between Seversky Tube Works, TMK, and “Humbel limited” of Cyprus, a subsidiary of the Greek pipe industry leader Corinth Pipeworks S.A. announced today that it has launched a new production line at the Seversky Tube Works plant. The ...
  • 2007-07-12 11:51:46
    Mechel reports 2007 first quarter results
    Mechel announced financial and production results for the first quarter ended March 31, 2007. US$ thousand 1Q 2007 1Q 2006 ...
  • 2007-07-11 13:22:19
    Norilsk Nickel Extends the Expiry Time of Its Offer to shareholders of LionOre to 8:00 p.m. on July 23, 2007
    OJSC MMC Norilsk Nickel today announced that it has extended the expiry time of its all-cash offer to acquire all of the issued and outstanding common shares of LionOre Mining International Ltd for aggregate cash consideration of approximately Cdn$6.8 billion, to 8:00 p.m. (Toronto time) on ...
  • 2007-07-11 09:57:35
    Metalloinvest reports H1 2007 operational results
    In the first half of 2007 production output at the iron ore mining and dressing enterprises managed by Metalloinvest Management Company (Lebedinsky GOK and Mikhailovsky GOK) and at the steel enterprises of the Holding (Oskol Electric Steel Works and Ural Steel)  maintained flat year on ...
  • 2007-07-10 14:52:40
    Chelyabinsk Zinc Plant New Share Issue
    On July 6, 2007 the Board of Directors of Chelyabinsk Zinc Plant voted to increase the charter capital of Chelyabinsk Zinc Plant by 48,775,869 rubles by a share distribution to the Company’s shareholders of 48,775,869 additional common registered shares with a par value of 1 ruble each. ...
  • 2007-07-10 12:06:21
    Mechel announces the commissioning of an automated alumina transshipment complex at port Kambarka
    JSC Mechel announces the commissioning of an automated alumina transshipment complex, Albatross, at its subsidiary, Port Kambarka, in line with its technical re-equipment plan. The commissioning of the self-propelled weighing complex, Albatross, took place on July 7 during the ...
  • 2007-07-10 10:16:32
    MMC Norilsk Nickel is through the second compliance audit
    MMC Norilsk Nickel is through the second compliance audit of its Integrated Quality Control and Environmental Management System (IQCEMS) held by Bureau Veritas Certification, an independent certification organization. The compliance audit checked compliance with international standards but ...
  • 2007-07-09 14:57:22
    TMK Production Results for the First Half of 2007
    TMK  today announces 2007 half year (H1) production results. For the first 6 months of 2007, TMK shipped[1] 1,575.9 thousand tonnes of steel pipes, exceeding shipments for the same period last year by 8.0 %. Volumes of shipped pipe products for H1 2007 (thousands of tonnes) ...
  • 2007-07-09 13:40:43
    Walter Ballandino appointed Highveld's CEO
    Evraz Group S.A. announces that at its meeting held earlier today the Board of Directors of Highveld Steel and Vanadium Corporation Limited in which Evraz is a major shareholder, has approved the appointment of Walter Ballandino as Chief. Executive Officer of the Corporation effective ...
  • 2007-07-09 11:44:10
    Mechel provides additional information regarding its capital expenditure program till 2011
    As the result of a thorough analysis of Mechel’s investment capabilities, which are based on its solid, consistent operational cash flow, the Company has decided to expand its capital expenditure program to US$2.7 billion for 2007-2011 in both the mining and steel segments, as ...
  • 2007-07-06 11:59:43
    MMK, Kamaz Sign Strategic Agreement
    Magnitogorsk Iron & Steel Works (MMK) and truck maker Kamaz signed a strategic partnership agreement on Thursday. The companies have agreed to form a working party to assess MMK's technical capability to produce the whole range of metal used by Kamaz. Automobile plants ...
  • 2007-07-05 15:30:35
    Evraz announces extension of the offer period
    Shareholders of Highveld Steel and Vanadium Corporation Limited ("Highveld") are referred to the announcement dated 4 June 2007 and the circular to shareholders of Highveld dated 4 June 2007 ("circular") relating to the offer by Evraz Group S.A to acquire the ...
  • 2007-07-04 15:37:16
    Rexam acquires Rostar for $297 mln
    Rexam, the global consumer packaging company and the world's leading beverage can maker, is pleased to announce that it has agreed to acquire Rostar, the Russian beverage can maker, from En+ Group Limited, the parent of Rusal, the Russian aluminium group, for a total cash consideration of ...
  • 2007-07-03 17:28:53
    Russian service centres seek funds for expansion
    Russia’s steel service-centre market is growing so fast, driven by consumption growth in construction, machinery, white goods and autos, that the leading companies have decided to raise new capital through share placement, credit-linked notes, and bonds. Inprom will be the first of the ...
  • 2007-07-03 12:50:51
    Evraz commences disposal of Highveld selected assets
    Evraz Group S.A. announces that Evraz has formally commenced the process of disposing of some of the selected assets of Highveld Steel and Vanadium Corporation Limited ("Highveld") in accordance with Evraz's commitments to the European Commission and the South African ...
  • 2007-07-03 11:47:08
    Mechel announces results of its annual general shareholders’ meeting
    JSC Mechel announces the results of its Annual General Shareholders’ Meeting. The Annual General Shareholders’ Meeting adopted the following resolutions: • To approve a dividend of RUR 19.70 per one ordinary registered book-entry share (about USD 2.27 per one ADR 1) based ...
  • 2007-07-02 17:12:44
    NLMK upgraded reversing mill for producing grain-oriented steel
    NLMK has upgraded its reversing cold rolling mill for production of electrical grain-oriented steel to raise its capacity from 67 to 130 thousand tonnes per year, increase production of steel with advanced magnetic properties, replacing two obsolete production lines.. This project has ...
  • 2007-07-02 16:18:23
    Strong first quarter results
    Financial Results for the three months ended 31 March, 2007 ($ million unless otherwise stated)   Q1 2006 Q1 2007 ...
  • 2007-07-02 13:36:51
    Chelyabinsk Zinc Plant Completed Acquisition of Brock Metal
    Chelyabinsk Zinc Plant on the 29th of June, 2007, completed the acquisition of Brock Metal business (Norton Canes, Cannock, Staffordshire), the leading UK supplier of zinc and aluminum die-casting alloys, from the Alumasc Group plc. The transaction is worth £0.35 million plus an ...
  • 2007-07-02 10:58:27
    NLMK-Duferco JV completes the acquisition of a 100% interest in Winner Steel
    NLMK-Duferco JV has completed the acquisition of 100% in Winner Steel INC. for approximately USD 211.6 million.  Winner Steel is one of the largest independent galvanized steel producers in the United States. Its operations are located on a single site in Pennsylvania and ...
  • 2007-06-29 13:59:12
    Norilsk Nickel Acquires Approximately 90% of LionOre’s Shares
    OJSC MMC Norilsk Nickel  today announced that 201,089,154 common shares of LionOre Mining International Ltd, representing approximately 90% of the LionOre common shares outstanding, were deposited to Norilsk Nickel's offer to acquire all of the outstanding common shares of LionOre for ...
  • 2007-06-29 13:46:19
    OMZ announced results of Annual General Meeting
    OMZ (Uralmash-Izhora Group) held its Annual General Meeting  in Moscow on 28 June, 2007. More than 89% of shareholders participated in the meeting. All resolutions put to shareholders’ vote were duly passed. Shareholders approved the Company’s 2006 annual report ...
  • 2007-06-29 11:54:57
    Basic Element Announces Establishment of the Aviation Sector
    Development of transport infrastructure is one of Basic Element’s key priorities.  At the beginning of 2007 Basic Element announced creation of the Infrastructure Sector which focuses on building bridges, roads and other objects of infrastructure.  In order to bring best ...
  • 2007-06-29 11:02:15
    VSMPO-Avisma boosts dividends 34%
    Shareholders of VSMPO-Avisma Corporation have authorized a dividend payout for FY06 equaling $1.95 (Rub 50.83) per share, which is a 34% increase on FY05. The total dividend payout amounts to around $22.5 mln, or 10%, of FY06 RAS net income, which totaled $225 mln. ...
  • 2007-06-28 17:20:26
    Belon Increases Coal Production
    During the first 5 months of 2007, Belon Group increased its total coal production by 31% (462,000 tons) compared to the similar period of the last year— to reach 1,950,000 tons. In January–May this year, 1,022,000 tons ...
  • 2007-06-28 16:03:53
    TMK in merger talks with Interpipe
    According to media reports yesterday, Pipe Metallurgical Company (TMK) is discussing a possible merger with Interpipe. Yesterday the market was once again agog with reports of a possible merger between Pipe Metallurgical Company and Ukrainian pipe holding Interpipe. Citing ...
  • 2007-06-27 17:58:34
    TMK approved a 2006 dividend of 4.3 RUR per share
    The Annual General Meeting of Shareholders of OAO “TMK” was held in Moscow on June 27, 2007. Shareholders elected the Board of Directors and the Auditing Committee, as well as approved the annual report and financial statements, for the 2006 financial year. OOO ...
  • 2007-06-27 15:52:11
    All Required Regulatory Approvals Obtained for Norilsk Nickel Offer for LionOre
    OJSC MMC Norilsk Nickel announced that with the receipt of Investment Canada approval in respect of its all-cash offer for all of the issued and outstanding shares of LionOre Mining International Ltd all regulatory approvals required in connection with Norilsk Nickel’s offer have now ...
  • 2007-06-26 14:36:10
    Norilsk Nickel Offer for LionOre Receives South African Approval
    OJSC MMC Norilsk Nickel announced that it received notice from South Africa’s Competition Commission that its proposed acquisition of control of LionOre Mining International Ltd has been approved under the South African Competition Act No. 89 of 1998 (as amended). The Competition ...
  • 2007-06-25 15:51:31
    Evraz Board appoints CEO
    Evraz Group S.A. announces that subsequent to the resolutions of the Annual General Meeting of  20 June 2007, Evraz's Board of Directors has resolved the following:   • To delegate the daily management of the Company's business to Alexander     Frolov and ...
  • 2007-06-25 14:42:20
    UC RUSAL launches construction of Taishet Aluminium Smelter in Irkutsk region
    United Company RUSAL announces the start of construction of the Taishet aluminium smelter in the Irkutsk region. The smelter’s annual capacity will total 750,000 tonnes of aluminium. The projected volume of investments into construction of the facility is approximately USD 2 bln. ...