News. Russian ferrous metallurgy news. July

On the eve of Metallurgist Day, Vladimir Putin arrived on a working trip to the Ural Federal District. The first item on the agenda was a visit to the Magnitogorsk Iron and Steel Works (MMK). Accompanied by Minister of Industry and Trade Anton Alikhanov, Presidential Plenipotentiary Envoy to the Ural Federal District Artem Zhoga, Governor of the Chelyabinsk Region Alexei Teksler, as well as Chairman of the Board of Directors of Magnitogorsk Iron and Steel Works Viktor Rashnikov and MMK General ...

On July 14, the summer double print issue of “Metal Supply and Sales” Magazine went out of print. It turned out to be really special, timed not only to coincide with the upcoming professional holiday of metallurgists, but also to the 300th in a row! The electronic version has been published on the website, and the printed version will be sent to readers today. For almost three decades, 300 printed issues of the Magazine have been published with materials covering both the Russian metallurgical ...

Magnitogorsk Iron and Steel Works (PJSC MMK) has launched the production of flat steel products featuring an innovative corrosion-resistant coating based on a zinc-aluminum-magnesium (Zn-Al-Mg) alloy. The production technology for this unique steel product was developed by the Scientific and Technical Center of PJSC MMK in collaboration with specialists from the Chief Rolling Department. Flat steel with the new alloyed Zn-Al-Mg coating offers enhanced durability, reliability, and cost efficiency ...

In recent years, the Russian metal processing market has shown steady growth, largely driven by the need for technological sovereignty, active import substitution, and the adoption of modern manufacturing technologies. Following the exit of several foreign suppliers, domestic enterprises faced the challenge not only of maintaining previous production levels but also of ensuring product competitiveness in response to rising demands from clients across diverse sectors — from automotive and heavy ...

The integration of robotic process automation (RPA) at Magnitogorsk Iron and Steel Works (MMK) is expected to result in cumulative savings of RUB 2 billion by the end of 2025, according to Evgeny Tarabaev, the head of MMK’s Economics Department, who spoke at the software robotics conference “Next Connect: Fusion of Technologies” in Magnitogorsk. MMK has invested approximately RUB 4 billion in a variety of digital solutions and services over the past four years, resulting in savings of RUB 4.7 ...

Trade turnover between Russia and Saudi Arabia increased by more than 60% in 2024, to exceed $3.8 billion, Industry and Trade Minister Anton Alikhanov announced. "According to the results of last year, the volume of mutual trade increased by more than 60%, exceeding $3.8 billion. In the first quarter of this year, the pace increased even more. We have achieved a fourfold increase in trade turnover compared to the same period last year," he said at the business forum "Industrial Dialogue: Russia-Saudi ...

Olkon JSC (Olenegorsk Mining and Processing Plant, part of Severstal ) has launched an investment project to develop the Olenegorsk iron ore deposit, the company's press service said. "The project budget exceeds 5 billion rubles," Olkon General Director Nikolai Seleznev was quoted as saying. The investment plan involves open-pit mining until 2044-2045, transitioning to underground operations thereafter. Development requires relocating existing infrastructure including water pipelines, slurry ...

CYBERSTEEL – the enterprise in Pervouralsk, Sverdlovsk Region, launched a new production of seamless stainless steel pipes. Thanks to this, the company expanded the range of instrumental, heat-exchange and general-purpose pipes for knowledge-intensive industries, and also increased the production of steam generator pipes for nuclear power plants . The volume of investments in technical re-equipment amounted to 12 billion rubles. Of these, 5.2 billion rubles in the form of preferential loans ...

Mechel is discussing selling some of its assets, in particular, energy assets such as Kuzbassenergosbyt and the South Kuzbass State District Power Station, CEO Oleg Korzhov told journalists. "We are operating on the basis that we have assets which would not impact substantially on our cash flow and operations if we removed them from the group. For example, Kuzbassenergosbyt and the South Kuzbass State District Power Station. The same goes for another small plant, the Wartsila Hardware Plant, ...

Since 2013, Abinsk Electric Steel Works (AESW is part of the Novostal-M Holding) has smelted 16 million tons of steel. “This is not just a figure — it is a symbol of stable growth, a clear strategy, and team strength. The figures speak for themselves. AESW is operating at full capacity, and each year is higher than the previous one. Behind these results is the work of all workers and smelting cycles,” Novostal-M reports. Novostal-M is an active long-term participant of Metal-Expo exhibitions. ...

Evraz has obtained an OFSI license to sell its North American branch to the Atlas Holdings investment fund, with plans to sign the deal in the second half of 2025, the company said in a statement. The terms of the sale include an advance payment of $50 million and a deferred payment of up to $450 million. The company said that the latter was "payable subject to the achievement of certain milestones by the North America business following the closing of the Sale". We invite you to take part in ...