Metallurgy news

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  • 2012-08-03 10:06:00
    Severstal-Metiz informs about personnel changes in Volgograd
    Mr. Boris Ivanchenko, former Technical Provision Director of branch “Volgogradskiy” JSC “Severstal-Metiz”, will succeed Mr. Vladimir Petrovich as Managing Director. We would like to remind that Mr. Petrovich, who has been holding this position in Volgograd for the last ...
  • 2012-08-03 10:01:00
    Norilsk Nickel brings down contaminant emissions
    Norilsk Nickel informs of the progress made in optimizing water consumption and lowering the volume of effluents discharged into surface water bodies. In 2012 the Company is going to implement a set of measures aimed at lowering any possible impact on water bodies, among them ...
  • 2012-08-02 10:54:01
    International steel companies keen on Russian market
    International steel companies became more active in booking spaces at Metal-Expo’2012 i n the last decade of July before summer vacation to ensure the best possible space locations for their expositions. Most probably such keen interest is above all stipulated by Russia assessing WTO ...
  • 2012-08-02 10:02:00
    Memorandum of understanding
    In development of solution made by Russian-Vietnam intergovernmental committee in trade-economic and research-scientific cooperation, in the presence of Vietnamese President Truong Tan Sang, Vietnamese state corporation Vietnam National Coal-Mineral Industries (Vinacomin) signed а Memorandum ...
  • 2012-08-01 10:23:13
    Mechel reports 1H 2012 operational results
    Mechel , one of the leading Russian mining and metals companies, announces 1H 2012 operational results. Production and sales for 1H 2012 Production: Product name ...
  • 2012-08-01 10:01:00
    Norilsk Nickel carries out construction of ventilation shaft at Taimyr mine
    Norilsk Nickel announces implementation of a large project aiming to restore mineral resource base of the Company’s Polar Division – construction of ventilation shaft No.7 (VS-7) at Taimyr mine. Construction of the main secondary substation No.75 is completed. In August, it ...
  • 2012-07-31 10:35:13
    En+ and EDB Agree To Pursue Energy Partnership
    En+ Group and Eurasian Development Bank (EDB) agreed on a partnership to pursue potential projects in the electric power industry. Artem Volynets, CEO of En+ Group, and Igor Finogenov, Chairman of the EDB, signed a memorandum of cooperation at the Saint Petersburg International Economic ...
  • 2012-07-31 10:21:22
    Cancellation of 169 982 695 shares
    OAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, announces the cancellation of 169 982 695 shares. This completes the Company’s programme, initially announced on February 29 2012, to transfer and cancel a number of treasury ...
  • 2012-07-30 10:01:00
    NLMK commissions new generation Blast Furnace #7
    NLMK, the leading global steelmaking company, today announced the successful completion of guarantee tests and the subsequent commissioning of its new 3.4 mtpy Blast Furnace #7 (BF-7). The total value of the project exceeded RUR 43 billion. The new blast furnace is the first to have ...
  • 2012-07-30 10:01:00
    METALLOINVEST announces operational results for Q2 2012
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announces its operational results for the second quarter of 2012. In Q2 2012, the Company’s iron ore production reached 10.0 mn tonnes, representing a 1.4% q-o-q increase. The Company’s ...
  • 2012-07-30 10:01:00
    Norilsk Nickel enlarged its river fleet with a new tug boat
    Norilsk Nickel (hereinafter, MMC Norilsk Nickel or the Company) reports on signing delivery and acceptance certificate in the city of Bor located in Nizhny Novgorod region for river tug boat built by Nizhny Novgorod Motor Ship Plant for the Company. This is the second tug boat, built at ...
  • 2012-07-27 10:04:00
    VSMPO and Messier-Bugatti-Dowty extend long term supply agreement
    Russian titanium VSMPO – AVISMA Corporation (VSMPO) announced that it has agreed with Messier-Bugatti-Dowty (Safran group) on an amendment of their existing long term contract for titanium forgings and value-added processing. Under the terms of the amended contract, VSMPO will ...
  • 2012-07-27 10:01:57
    Severstal to produce new pipes for Gazprom
    The Izhora Pipe Mill, which specializes in large diameter pipes production using strip produced by CherMK (Severstal Russian Steel), and Gazprom have signed a long-term scientific and technical cooperation program. The program scheduled for 2012-2016 will focus on production of tubular ...
  • 2012-07-27 10:01:00
    METALLOINVEST assigned ‘BB-’ rating with a positive outlook by S&P
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, announces that the Company was assigned ‘BB-‘ long-term corporate credit rating by Standard & Poor’s Ratings Services with a Positive outlook. In the published statement Standard & ...
  • 2012-07-26 10:01:00
    EVRAZ Suspends Operations of its South African Mill
    EVRAZ announces the temporary suspension of operations at EVRAZ Highveld Steel and Vanadium (South Africa) following the start of an industrial action announced by EVRAZ Highveld’s largest union NUMSA. The action stems from a notice issued by the Company regarding possible ...
  • 2012-07-26 10:01:00
    Update on transfer and cancellation of treasury shares
    The Board of Directors of OAO Seversta, one of the world's leading vertically integrated steel and steel-related mining companies, has approved the finalization of the programme for the transfer and cancellation of treasury shares as previously announced on February 29, 2012. The programme ...
  • 2012-07-26 10:01:00
    Norilsk Nickel signed a memorandum of understanding
    Vladimir Strzhalkovsky, General Director – Chairman of the Management Board of OJSC MMC Norilsk Nickel signed an understanding memorandum with Gianfelice Rocca, Chairman of «Techint Group» (Italy). The Memorandum was signed in the presence of Dmitri Medvedev, Chairman ...
  • 2012-07-25 10:11:12
    VSMPO-AVISMA and Shanghai Aircraft Manufacturing have signed Long Term Contract
    VSMPO-AVISMA Corporation, the Russian manufacturer of titanium, aluminium and steel mill products, open and closed die forgings and rough machined parts, and Shanghai Aircraft Manufacturing Co. Ltd.(SAMC), final assembly and manufacturing center of COMAC and one of COMAC's three key centers, ...
  • 2012-07-25 10:09:14
    Chusovoy Metallurgical Works and the Government of the Perm Territory sign a memorandum on cooperation
    Governor of the Perm Territory Viktor Basargin, Chairman of the Board of Directors of CJSC OMK Anatoly Sedykh and General Director of OJSC CMW Anatoly Karpov signed a memorandum on cooperation timed to the launch of a project to construct a steel-smelting facility. There was a ...
  • 2012-07-25 10:07:09
    Izhorskiye Zavody produces another hydrocracking reactor for Tuapse refinery
    Izhorskiye Zavody, part OMZ Group, successfully complete production of hydrocracking reactor for Tuapse refinery. The reactor weighs more than 600 tons. It is the second vessel produced under the contract for the supply of equipment for Tuapse refinery, signed in 2010. As part of the ...
  • 2012-07-24 10:25:10
    Moody's reaffirms the credit rating of MMC Norilsk Nickel
    MMC Norilsk Nickel is pleased to announce that having analyzed the Company’s current financial and operating performance the Moody’s Investors Service (hereinafter – Moody’s) reaffirmed its 'Baa2' rating assigned to the Company. Moody’s has changed its long-term ...
  • 2012-07-24 10:22:24
    MMK completes construction on cold rolling complex
    Magnitogorsk Iron & Steel Works (MMK) launched the second stage of its new cold rolling complex today. President Putin attended the ribbon-cutting ceremony. The complex, capable of producing 2 mtpa of finished products, will primarily produce high-quality cold-rolled and galvanized ...
  • 2012-07-24 10:20:30
    NLMK receives IR Magazine Russia and CIS awards
    NLMK, the leading global steelmaking company, won second place in the “Grand prix for best overall investor relations” category among large cap companies at the 6th annual IR Magazine Russia and CIS Awards 2012. In addition, Sergey Takhiev, Head of IR at NLMK, won third place in ...
  • 2012-07-23 12:37:02
    RUSAL joins the China Non-ferrous Metals Industry Association
    RUSAL, the world’s largest aluminium producer, is pleased to announce that the Company has become a member of the China Nonferrous Metals Industry Association (CNIA), which is the most influential national non-profit organisation in the PRC which represents the interests of non-ferrous ...
  • 2012-07-23 12:35:39
    Severstal wins Best Overall Investor Relations at 2012 IR Magazine Russia & CIS awards
    OAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has been named the winner in the Best Overall Investor Relations category for large cap companies at the IR Magazine Russia & CIS awards ceremony held on July 12, 2012 at the ...
  • 2012-07-23 12:31:41
    Mechel reports resumption of work at V.I. Lenina Underground Mine
    Mechel, one of the leading Russian mining and metals companies, reports that work at V.I. Lenina Underground mine facilities was resumed fully. Administrative suspension of mining at V.I. Lenina underground mine was lifted today by the Mezhdurechensk city court as the company met all the ...
  • 2012-07-09 10:56:26
    NLMK temporarily reduces pig iron production
    Due to deterioration in demand in the pig iron market both in Russia and abroad in Q2 2012, starting from July 6, 2012 NLMK is idling its blast furnace (BF) #2 with a capacity of 0.8 mt/y (around 6% of the total pig iron capacity at the Lipetsk plant) for a period of up to 60 days. This ...
  • 2012-07-06 11:58:51
    Rusal invest more than RUR170 million in Novokuznetsk smelter
    UC Rusal announced the start of the casting facilities upgrade programme on the Novokuznetsk aluminium smelter (NkAZ), which will increase value-added production (VAP) output. Programme CAPEX is expected to amount to more than RUR170 million. NkAZ casthouse #2 has completed ahead of ...
  • 2012-06-22 10:01:55
    Norilsk Nickel enhances cargo transportation efficiency
    Norilsk Nickel announces that the Company’s cargo transportation efficiency has improved. Fleet modernization and further optimization of container transportation with respect to cargos shipped from Dudinka made it possible to improve performance specifications of the vessels and reduce ...
  • 2012-06-22 10:01:00
    Severstal North America hosts grand opening of newest steelmaking facilities
    Severstal North America, one of the largest U.S.-based steel producers specializing in the full range of the high quality, light, flat-rolled products, is hosting a Grand Opening celebration of the company’s new steelmaking facilities in Dearborn, Mich. Alexey Mordashov, CEO of OAO ...
  • 2012-06-22 10:01:00
    NLMK ranked second among World's 35 Most Competitive Steelmakers
    NLMK Group, the LSE-listed leading steel producer, was awarded second place in the annual ranking of the 35 most competitive global steel producers. The ranking prepared by World Steel Dynamics, the world’s leading steel information service, was based on 23 parameters including level of ...
  • 2012-06-22 10:01:00
    RUSAL completed the first stage of Aluminium Division West modernization
    RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of the first stage of its Aluminium Division West modernization. The modernization has resulted in a significant increase in the share of value-added products (VAP) across the Company’s three ...
  • 2012-06-21 10:16:26
    Norilsk Nickel announces the result of NordStar’s operations for three years
    MMC Norilsk Nickel informs about implementation progress of own airline project. Three years ago, on June 17 2009, Taimyr Airlines (NordStar trademark) carried out its first flight from Moscow to Norilsk, starting regular flights on two of the most important routes for Norilsk: Norilsk-Moscow ...
  • 2012-06-21 10:12:34
    METALLOINVEST and Chelyabinsk Pipe-Rolling Plant strengthen partnership
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, and Joint Stock Company Chelyabinsk Pipe-Rolling Plant (ChelPipe), intend to broaden their cooperation over the next three years. The parties have agreed to increase the delivery of flat steel products made by ...
  • 2012-06-20 10:24:54
    RUSAL and China Eximbank signed cooperation agreement on new project in Eastern Siberia
    RUSAL, the world’s largest aluminium producer, and the Export-Import Bank of China, one of PRC’s largest financial institutions, have signed a cooperation agreement on RUSAL’s up to the USD850 million greenfield project in Eastern Siberia. The agreement between RUSAL ...
  • 2012-06-20 10:23:02
    EVRAZ Holds Inaugural Investor Day
    EVRAZ announces that it will host its inaugural investor day at 9.00 am in London today. Presentations will be given by certain members of the Board of Directors, including Alexander Abramov (Chairman), Sir Michael Peat (Senior Independent Director) and Alexander Frolov (Chief Executive ...
  • 2012-06-20 10:21:33
    METALLOINVEST ruble bonds added to the Central Bank of Russia Lombard List
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announces that all three series (01, 05 and 06) of its ruble bonds have been included in the Lombard List of the Central Bank of the Russian Federation.The Lombard List comprises the securities that can be used ...
  • 2012-06-19 10:29:48
    En+ Group announces 2011 results
    En+ Group Announces 2011 Results Revenue growth by 12% to $15.3 bn Increased Output Across All Major Product Types Broader resource base in Eastern Siberia Setup of logistics business Stronger positions on key Asian markets First steps towards becoming a public ...
  • 2012-06-19 10:17:48
    Evraz announces results of the Annual General Meeting
    The Annual General Meeting (the ‘Meeting’) of the Company was held on Monday 18 June 2012 at 11.00am. At the Meeting, the ordinary and special resolutions set out in the notice of the Meeting were proposed and passed by way of a poll. Resolutions 18, 19, 20 and 21 were passed as ...
  • 2012-06-18 16:19:04
    N. Presnyakov, head of Steel Structures Research and Engineering Institute named after Melnikov told about the state of things in the construction industry.
    N. Presnyakov, head of Steel Structures Research and Engineering Institute named after Melnikov told about the state of things in the construction industry. - Mr Presnyakov, what is the current state of things in the construction industry and what factors hinder its dynamic ...
  • 2012-06-18 10:30:41
    Norilsk Nickel’s Polar transportation division resumes its operations after spring flood
    Norilsk Nickel announces that in June Polar Transportation Division (PTD) resumed its operations after spring flood. On May 19, 2011 Yenissey river water level rise and sea berths flooding put a stop to winter navigation. Seasonal navigation suspension takes place annually in May ...
  • 2012-06-18 10:28:58
    Results of UC RUSAL’s Annual General Meeting of shareholders
    RUSAL, the world’s largest aluminium producer, announces the results of its 2012 Annual General Meeting of shareholders (AGM) held on 15 June 2012 in Hong Kong. All the proposed resolutions put to shareholders were duly passed including: the Company’s 2011 financial ...
  • 2012-06-15 10:01:56
    Norilsk Nickel develops cooperation with higher education establishments
    Norilsk Nickel (hereinafter referred to as MMC Norilsk Nickel, the Company or the Group) informs that the Company triggered, on June 15, a next in turn phase of corporate program “Professional take-off”. More than 400 students of 3-4 year in technical field from 15 higher ...
  • 2012-06-15 10:01:00
    METALLOINVEST begins construction of oxygen facility at OEMK
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, announces the signing of an agreement with Linde (Austria) to build a new oxygen facility at Oskol Electrometallurgical Plant (OEMK) with a cryogenic air-separation installation with a capacity of at least 20,000 Am3/h ...
  • 2012-06-14 10:16:44
    OMK marking its anniversary with record-breaking achievements
    United Metallurgical Company has produced six million tonnes of large-diameter pipes since early 2005, when Russia's first line for the production of main pipes of 1,420 mm in diameter was put into operation by Vyksa Steel Works. In May, 2012, OMK exceeded its record-breaking production of ...
  • 2012-06-14 10:11:10
    Mechel reports new management appointments
    Mechel, one of the leading Russian mining and metals companies, reports the appointment of Sergei Zhilyakov as the Chief Executive Officer of Mechel Ferroalloys Management. Sergei Zhilyakov was appointed Chief Executive Officer of Mechel Ferroalloys Management. He will be tasked with ...
  • 2012-06-13 10:28:45
    Izhorskiye Zavody successfully completes hydro-testing of hydrocracking reactor for Tuapse refinery
    Izhorskiye Zavody, part OMZ Group, in presence of Russian Federal Service for Ecological, Technical and Atomic Supervision (Rostekhnadzor) successfully completed hydro-testing of second stage hydrocracking reactor for Tuapse refinery. The reactor weighs more than 600 tons. The purpose of ...
  • 2012-06-13 10:26:00
    Mechel reports meeting between Chairman of Mechel’s Board of Directors and President of Minmetals Corporation during Russian President’s State Visit to China
    Mechel, one of the leading Russian mining and metals companies, reports that Mechel’s Chairman of the Board of Directors Igor Zyuzin met with Minmetals Corporation’s President Zhou Zhongshu during Mr. Zyuzin’s trip as part of the Russian delegation in the framework of ...
  • 2012-06-08 10:01:00
    OMZ Special Steels launches new heat-treating furnace
    OMZ Special Steels, part of OMZ Group, has commissioned the new vertical heat-treating furnace. The new furnace is designed to perform heat treatment of billets made of traditional and emerging high-chromium steels with tempering temperature up to 1150°C. The equipment meets all ...
  • 2012-06-08 10:01:00
    Court Refuses to Satisfy the Appeal of MMK
    MMK announces that on June 6, 2012 hearings were held at Arbitration Appellate Court Number 18 (the City of Chelyabinsk) to consider appeals brought by MMK and Flinders Mines Limited in order to discharge the injunction relief order issued by the Arbitration Court of the Chelyabinsk Region in ...
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