2009-12-02 18:45:00 Russian Nine-Month Steel Output Surpasses U.S., Ministry Says
Russia surpassed the U.S. to become the world’s third-largest steel producer in the first nine months of the year, said Viktor Semenov, a department head at the Industry and Trade Ministry in Moscow.
Russian produced 41.7 million metric tons of steel in the period, versus 40 million ...
2009-12-02 10:42:24 TMK large-diameter shipments to Gazprom
TMK, one of the world’s leading producers of pipes for the oil and gas industry, announces today that it began shipments of large-diameter pipe to Gazprom for the construction of the Pochinki-Gryazovets pipeline.
Shipments for the Pochinki-Gryazovets will run from December 2009 to ...
2009-12-02 10:35:36 Mechel announces three year prolongation of VTB Bank loan
Mechel OAO, one of the leading Russian mining and metals companies, announces agreement with VTB Bank about 3 year prolongation of the 15 billion rubles loan given to Mechel in 2008.
At the end of 2008 VTB Bank opened credit lines totaling 15 billion rubles to Mechel’s subsidiaries ...
2009-12-01 11:17:43 Severstal to launch production of the biggest wire ropes in the world
Radaelli, an Italian company incorporated in Severstal-Metiz Group of Companies has commissioned a Flexpack wire ropes manufacture line on its facilities in Trieste, Italy. The technical specifications of the wire ropes include an improved endurance and the biggest loading capacity in the ...
2009-12-01 10:01:00 Mechel to commission new equipment at its Mechel Campia Turzii subsidiary
Campia Turzii, Romania, one of the leading Russian mining and metals companies, announces completion of several investment projects at Mechel Campia Turzii plant (Romania, Campia Turzii), which is a part of Mechel OAO’s East-European Steel Division.
The official commissioning of ...
2009-11-30 12:38:43 Renaissance Capital to publish Russian and the CIS metal and steel market analysis in 4Q09.
Today Renaissance Capital has published an analytical report on the Russian and the CIS metal and steel markets in 4Q09 and given forecasts for 1Q10 revising stock quotations of the major players in the market as per industry sectors.
To download the full report, please click here ...
2009-11-30 11:11:04 MMK to begin overhaul of blast-furnace 2
An overhaul of the first unit of blast-furnace 2 began at Magnitogorsk Iron and Steel Works. The overhaul aims at modernization of the main facilities and raising technical and economic characteristics of the blast-furnace plant. According to the schedule the overhauls will last 110 days. ...
2009-11-30 10:00:00 Norilsk Nickel wins quality award of the Russian Government
An official Quality Awards Ceremony was held in the Awarding Hall of the Russian Government House on 24 November. The Government highly appreciated MMC Norilsk Nickel’s performance in 2008 and awarded the Company for its significant results in the field of quality of products and ...
2009-11-27 13:22:39 KUMZ to continue investing in its facilities
“Russian market is a top priority to Kamensk-Uralsky Metallurgical Works“, stated A. Skornyakov, Vice-President, Aluminium Products Management Company at Russian Metal and Steel Market Conference in Moscow. According to him, this year’s aluminium semi-finished products ...
2009-11-27 12:15:32 Evraz plans to dispatch to its North American tubular mills up to 400 ths tons of slabs a year
In his interview to Prime-TASS D. Sotnikov, Vice-President of Evraz Group, Head of Ural Division said that the company planned to dispatch to its North American tubular mills up to 400 ths of slabs a year from Nizhny Tagil Iron and Steel Works. According to him, today Nizhny Tagil Iron and ...
2009-11-27 11:34:27 Raspadskaya and Belon to buy new deposits
Right to develop 2 coal deposits was put up for auction in Kemerovo. According to Federal Agency for Natural Deposits Development of the Russian Federation the license to develop Raspadskaya-3 Mine, a coal deposit located 13 km to the North of Mezhdurechensk was bought by Raspadskaya, JSC for ...
2009-11-26 11:21:14 EVRAZ plans on doubling pitch coke production at Nizhny Tagil Iron and Steel Works
According to Ural, regional center for corporate relations Evraz Group plans on increasing production of pitch coke at Nizny Tagil Iron and Steel Works almost twice to 4.5 ths tons a month. As part of the project, a general overhaul of the second furnace plant is planned for 2010. Reportedly, ...
2009-11-26 10:42:45 Severstal and SAP announce long-term partnership
Severstal launches an ERP (Enterprise Resource Planning) project across the company to implement SAP software. As part of the partnership programme a €15.6 million contract has been signed. A fully functional ERP solution is planned to be rolled out over the next 24 months. ...
2009-11-25 17:09:47 TMK Ships Premium Connections to Lukoil
TMK, one of the world’s leading producers of steel pipes for the oil and gas industry, today announces that it began shipments of TMK GF and TMK FMC premium connections to Lukoil.
The shipments are carried out by TMK Premium Service in conjunction with a cooperation agreement ...
2009-11-25 12:41:59 Norilsk Nickel plans to increase manufacture and to reduce emissions
The next two years it is planned to increase extraction of ore and thus considerably to reduce emissions, the general director of "Norilsk nickel" Vladimir Strzhalkovsky during visit to Polar which is on border with Norway and where there are company enterprises has declared. ...
2009-11-25 11:52:33 Iran and Vietnam to increase bulk buying of MMK flats
According to customs statistics in October 2009 exports of Russian unalloyed steel flats dropped by 14.8% reaching 632.4 thnd tons as compared to September 2009.
However, MMK exports to Iran which account for the main MMK exports share have grown by 9.98% to 191.3 thnd tons; exports to ...
2009-11-24 16:40:22 Mechel commissions new steel processing facility at Chelyabinsk Metallurgical Plant
Mechel OAO, one of the leading Russian mining and metals companies, announces that the official ceremony was held today which was dedicated to the commissioning of the integrated steel processing facility (ladle furnace) # 3 that is the second technological part of the continuous casting ...
2009-11-24 11:18:30 Uralelectromed to pass Auditing of Quality Management System
Uralelectromed a plant incorporated in UMMC has successfully passed an inspection auditing of quality management system for compliance with ISO 9001:2000.
The auditing results final report reads that the quality management system enables Uralelectromed ensure high quality of products ...
2009-11-24 10:54:28 TMK participated in the Russian National Exhibition in the USA
TMK, one of the leading world pipe and tube manufacturers and the largest in Russia, participated in the Russian National Exhibition held November 18 – 21 in Chicago (USA).
The exhibition coincides with the 200-th anniversary of the establishment of diplomatic relations between ...
2009-11-23 18:31:44 Transfer of the CZP Shareholders’ Register
JSC Chelyabinsk Zinc Plant (CZP) announces that, with effect from Today, 23 November 2009, it is terminating the appointment of its current shareholders’ registrar, Closed Joint-Stock Company “Registrar Intraco”, and appointing as its replacement Closed Joint-Stock Company ...
2009-11-23 10:35:14 MMK announces results of its RUR 5 bln bonds placement at MICEX
On November 19, 2009 MMK placed its RUR 5 bln bonds with the maturity period of 1092 days (3 years), 1-year offer and the coupon period of 182 days.
The coupon rate was set based on the results of a coupon rate tender held at MICEX. The total value of demand from investors equaled to RUR ...
2009-11-20 10:34:43 Severstal announces Q3 and 9M 2009 financial results
Decisive management action in improved markets
Financial Results for the three months and nine months ended 30 September 2009 ($ million unless otherwise stated)
Q3 2009
Q2 2009
9m 2009
9m 20084 ...
2009-11-19 10:45:18 Mechel placed stock bonds of BO-01 series at a sum of 5 billion roubles
Mechel OAO, one of the leading Russian mining and metals companies, announces about placing its stock bonds.
On the 13th of November 2009 Mechel OAO completed initial placement of its stock secured non-convertible interest-bearing documentary bonds of BO-01 series with an obligatory ...
2009-11-18 11:15:55 RUSAL and FGC UES sign agreement to ensure safe operations of Siberian energy network
UC RUSAL, the world’s largest aluminium and alumina producer, and the Russian Federal Grid Company of Unified Energy System (FGC UES) announced the signing of an agreement to ensure safe operations of the energy network in Siberia when the Sayano-Shushenskaya HPP is decommissioned. ...
2009-11-18 11:00:30 MMK Atakas closed financing for integrated flat steel making complex in Turkey
MMK ATAKAS METALURJI SANAYI, TICARET VE LIMAN ISLETMECILIGI A.S (MMK Atakas), a Turkish project company, closed the long term financing for the construction of its integrated flat steel making complex and related infrastructure facilities in Turkey (the “Project”).
Designed ...
2009-11-17 10:44:54 Vladimir Strzhalkovsky was elected Chairman of Business Council for Cooperation with Indonesia
An inaugural meeting of the Business Council for Cooperation with Indonesia was held today in the Chamber of Commerce and Industry of the Russian Federation (CCI RF). General Director and Chairman of the Management Board of MMC Norilsk Nickel Mr. Vladimir Strzhalkovsky was unanimously elected ...
2009-11-17 10:12:12 Mechel has participated in Metal Expo’2009 Annual Exhibition
Mechel OAO has participated the 15th Metal Expo’ 2009 international industrial exhibition that was held at the Crocus Expo International Exhibition Center November 10th to 13th, 2009.
500 organizations from twenty-five countries worldwide were featured at Metal Expo’ 2009 ...
2009-11-16 16:58:12 Exhibitors of Metal-Expo’2009 have held presentations of their products
On November 13 Metal-Expo’2009, 15 th International Industrial Exhibition officially closed. 500 companies from 25 countries participated in the fair. 2.7 thd professionals worked at stands during the exhibition and 18.5 thd specialists in different industries visited the show. ...
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
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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 ...
2009-11-03 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 ...