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  • 2017-11-03 11:25:44
    TMK presented new strategy to 2027 at its Capital Markets Day in London
    PAO TMK ('TMK' LSE: TMKS) (the “Company”, the “Group”), one of the world's leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. ...
  • 2017-11-03 11:21:15
    Mechel Signed Long-Term Coal Supply Contract with Itochu Corporation
    Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation. The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes ...
  • 2017-11-03 11:15:53
    NLMK ramps up PCI in BF Shop No.2
    NLMK Group’s flagship production site, has completed guarantee testing of pulverized coal injection (PCI) technology at Blast Furnace No. 6 (with a capacity of 3.1 million tonnes per year), and at Blast Furnace No. 7 (with a capacity of 4.3 million tonnes per year). Tests confirmed ...
  • 2017-11-03 10:30:04
    Tominskiy Processing Plant Lays Foundations of the Production Facilities
    The Tominskiy Processing Plant (Sosnovsky District, Chelyabinsk Region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing ...
  • 2017-11-02 10:28:28
    Kyshtym Copper Electrolytic Plant Boosts Cathode Output by 8.6% from January to September
    The Kyshtym Copper Electrolytic Plant (Kyshtym, Chelyabinsk Region, a subsidiary of the Russian Copper Company) has released its production results for the first 9 months of 2017. During that time, the plant produced over 97,128 tons of cathodes, or 8.6% more than in the same period last ...
  • 2017-11-01 10:23:36
    Mikheevskiy Ore Mining and Processing Plant to Increase Copper Concentrate Extraction to 90%
    The Mikheevskiy Ore Mining and Processing Plant (Varnensky district, Chelyabinsk region) plans to adopt a three-stage ore grinding technology which will produce finer ore particles than the existing two-stage crushing equipment. The separation of tiny impregnated copper particles from ...
  • 2017-10-31 14:19:33
    “Elektrokabel “Kolchuginsky Plant” mastered the production of silicone rubber insulated cables
    JSC “Elektrokabel “Kolchuginsky Plant” (included in “Cable Alliance Holding”, integrating UMMC cable assets) mastered the production of silicone rubber insulated control cables NIKI. Unique properties of this innovative material ensures cables’ high ...
  • 2017-10-27 13:04:14
    TMK highly appreciated advantages of Metalloinvest’s HBI usage
    Dmitry Pumpyanskiy, Chairman of the Board of Directors of TMK, and Alexander Shiryaev, CEO of TMK, have visited Lebedinsky GOK and OEMK (part of Metalloinvest). During the visit, the management team of TMK learned about the production process of hot briquetted iron (HBI). During ...
  • 2017-10-27 12:00:12
    Severstal announces sale of Dneprometiz
    Severstal announces that its subsidiary Cambay Services Ltd has completed the sale of its wholly-owned subsidiary Dealzone Holding Ltd which holds the 98.6% stake in Dneprometiz. Located in Dnepr, Dneprometiz is a Ukrainian business and former subsidiary of Severstal-metiz, the group of ...
  • 2017-10-27 10:53:59
    Q3 and 9m 2017 NLMK Group consolidated financial results under IFRS
    NLMK Group (MICEX and LSE: NLMK) is pleased to announce a 64% sequential growth in free cash flow in Q3 2017, to $533 m, and a 7% growth in EBITDA to $648 m. Group revenue in Q3 totalled $2.55 bn (flat qoq), driven by higher sales (+1% qoq) and 100% steelmaking capacity utilization ...
  • 2017-10-20 13:05:53
    New EcoSoderberg pilot site is launched at IrkAZ
    RUSAL, a leading global aluminium producer, today announces the launch of an experimental reduction area at the Irkutsk Aluminium Smelter, which will operate under the EcoSoderberg technology. The total amount of investment in the project amounted to 540 million roubles. Implementing ...
  • 2017-10-20 13:01:47
    Metalloinvest starts pilot operation of concentrate intake facility at Mikhailovsky GOK
    Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The Company has invested 1.3 bn roubles in the project. The maximum design capacity of the facility is 3.2 mn tonnes of concentrate per year. During the facility’s pilot operation, ...
  • 2017-10-20 13:00:51
    Alexey Mordashov reelected as member of World Steel Association executive committee
    The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, as a member of the association’s 2017/2018 executive committee at ...
  • 2017-10-20 12:54:34
    Murmansk Regional Duma deputies visit Kola MMC
    Members of the Murmansk Regional Duma have held an on-site meeting at Kola MMC that focused on the company’s environmental protection policy and improvement in environmental performance. The deputies reviewed the company’s environmental efforts and the progress of the ...
  • 2017-10-20 12:53:12
    IMH 3Q & 9M 2017 operational results
    Industrial Metallurgical Holding (IMH), one of the world’s leading suppliers of merchant pig iron and the biggest merchant coke producer in Russia, announces its operational results for 3Q and 9M 2017. Production of coking coal by the Coal division for 9 months of 2017 amounted ...
  • 2017-10-17 11:53:14
    EVRAZ Q3 Production Report
    EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today released its operational results for the third quarter of 2017. Q3 2017 vs Q2 2017 OPERATIONAL HIGHLIGHTS: Consolidated crude steel output increased by 5.9% quarter-on-quarter to 3.5 million tonnes in Q3 ...
  • 2017-10-17 10:23:30
    MMK Aims Quarterly Dividend Payments
    MMK Aims Quarterly Dividend PaymentsThe Board of Directors of PJSC Magnitogorsk Iron and Steel Works (“MMK” or “the Company”, ticker: MMK: LI) on 16 October 2017 approved a resolution to convene an extraordinary general meeting of shareholders (EGM) with absentee ...
  • 2017-10-13 11:59:26
    NLMK VP Receives Adolf Martens Award for Ultrahigh-Strength Steel Research
    Dr. Bruno Charles De Cooman, NLMK Group Vice President for Research and Development, has been awarded the prestigious Adolf Martens Memorial Steel Lecture for his research into the properties of ultrahigh-strength steels. The award ceremony took place on 10 October at the Material ...
  • 2017-10-13 11:58:27
    Metalloinvest’s HBI-3 Plant recognised as the best investment project in 2017
    Metalloinvest’s third hot briquetted iron (HBI) production facility, HBI-3 Plant, has won the 'Investment Project of the Year' prize at the Russian Mining Excellence Awards 2017; HBI-3 Plant was launched at Lebedinsky GOK in July thisyear. The awards ceremony took place at MINEX Russia ...
  • 2017-10-12 16:59:10
    Severstal introduces digital predictive model to prevent failures at mill-2000
    Cherepovets Steel Mill, one of the world’s largest integrated steel plants (part of Severstal’s Russian Steel division), has launched the commercial operation of a digital predictive model to prevent failures at the hot rolling mill 2000 and thereby reduce its downtime. This ...
  • 2017-10-10 14:47:24
    Metalloinvest signs new credit facility agreements
    Metalloinvest (“the Company”), a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, has signed two long-term credit facility agreements with ING Bank guaranteed by export credit agencies (ECA). The funds will ...
  • 2017-10-10 14:44:21
    Severstal reports Q3 & 9M 2017 operational results
    PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q3 & 9M 2017. Hot metal output remained almost unchanged at 2.23 mln tonnes (Q2 2017: 2.24 ...
  • 2017-10-03 15:47:00
    MMK EGM approves dividends for H1 2017
    PJSC Magnitogorsk Iron and Steel Works ("MMK" or "the Company”) announces that an Extraordinary General Meeting of shareholders was held on 29 September 2017 (“the EGM”) with absentee voting. Shareholders approved by majority vote a dividend on ...
  • 2017-10-03 14:14:03
    Norilsk Nickel’s Shareholders approved dividends for 6 months of 2017
    The extraordinary general meeting (EGM) of shareholders of PJSC «MMC Norilsk Nickel», the world’s largest producer of refined nickel and palladium, held on September 29, 2017, approved the interim dividend for the six months of 2017 in the amount of RUB 224.20 ...
  • 2017-09-29 15:05:10
    “Orenburg radiator” increased its sales
    “Orenburg radiator” (enterprise of automotive industry of UMMC) increased sales up to 834.16 mln.rub for the first half of 2017. This indicator is 20% higher comparing to similar period last year. Largest sales growth is in the segment of radiators and intercoolers (by 36.8%), as ...
  • 2017-09-29 15:03:21
    A new induction furnace is used for gold casting at the “Uralelektromed”.
    In the refining department of Chemical Metallurgical plant of JSC “Uralelektromed” (UMMC metallurgical enterprise), a new high efficiency induction unit was launched. The equipment is designated for casting gold into bullions. Its cost totaled 2.8 mln.rub. According to the ...
  • 2017-09-29 14:57:57
    NLMK closes its U.S. $500 million 7-year Eurobond offering
    NLMK (LSE: NLMK), the largest steel producer in Russia and a leading international steel company, today announces the closing of its U.S.$500 million 7-year Eurobond placement with an annual coupon rate of 4.00%. Interest payments on the Eurobonds are payable semi-annually. The ...
  • 2017-09-29 14:52:44
    The repayment of Guaranteed Convertible Bonds due 2017
    PAO Severstal announces the repayment of US$475,000,000 1.00 per cent Guaranteed Convertible Bonds due 2017 issued by Holdgrove Limited and guaranteed by PAO Severstal. Holdgrove Limited (the “Issuer”), a wholly-owned subsidiary of PAO Severstal (LSE: “SVST”; ...
  • 2017-09-22 16:26:08
    More mining equipment delivered to Bystrinsky GOK
    By the end of 2017, Bystrinsky GOK will receive over 30 new units of modern mining and auxiliary equipment. Overall, the initiative will see around RUB 4 bn in funding from Nornickel. Bystrinsky GOK added four BELAZ mining trucks to its fleet, with another six to be delivered by the ...
  • 2017-09-22 16:20:15
    MMK recognised in Top 10 environmental rating in Russia for the 2nd time in a row
    PJSC Magnitogorsk Iron and Steel Works (“MMK”) efforts have been recognised as one of the Top 10 environmental initiatives by companies in Russia’s energy and metal sectors in H1 2017. The rankings, compiled by the Modern Media Research Institute and Live Planet TV, ...
  • 2017-09-22 16:13:41
    Metalloinvest increases productivity at OEMK's DRI Plant 2
    OEMK (part of Metalloinvest) has successfully completed major repair works at DRI Plant 2. This has enabled the plant to increase production from 88 to 110 tonnes per hour. The increased productivity at DRI Plant 2 will enable OEMK to boost direct reduced iron (DRI) production by nearly ...
  • 2017-09-15 15:23:55
    Mechel Reports Court Decision’s Entry into Force
    Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports a court decision that may have an impact on the value of Mechel PAO’s shares. According to court information, the Fifteenth Arbitration Court of Appeal left unchanged the decision to charge ...
  • 2017-09-15 15:21:15
    MMK Trading House posts record-breaking sales
    MMK Trading House, a part of Magnitogorsk Iron and Steel Works ("MMK") Group, reports sales of 840,000 tonnes of products for the first eight months of 2017, up 14% year-on-year. In August 2017, the company set a new record in monthly sales – shipping more than 145,000 ...
  • 2017-09-15 15:16:28
    NLMK Group opens sales office in Turkey
    NLMK Group, an international steelmaking company with operations in Russia, Europe and the USA, is pleased to announce the opening of NLMK Turkey, its sales office in Turkey. As part of Strategy 2017, NLMK Group is focusing its sales in key markets, including Turkey, that accounts for ...
  • 2017-09-15 14:50:15
    Lighting at three Metalloinvest enterprises becomes 70% more energy efficient
    Philips Lighting has modernised the lighting systems at OEMK, Lebedinsky GOK and Mikhailovsky GOK, which will enable Metalloinvest to save over 30.5 mn kWh per year. Philips Lighting, a leader in global lighting solutions, has completed the first stage of large-scale renovation work on ...
  • 2017-09-08 11:59:40
    BMC prepares “Chara” to receive personel in 2018
    Baikal Mining Company LLC and TK Motor LLC concluded a contract for completion of construction, installation and finishing works required to commission Administrative and Hotel Complex “Chara” located in Novaya Chara settlement in Kalar District of Zabaikalie region. The ...
  • 2017-09-08 11:48:30
    JSC "Uralelektromed" introduced the European standard labeling for copper sulfate
    JSC "Uralelectromed" (enterprise of metallurgical complex of UMMC) has introduced a new labeling for copper sulphate, in order to supply it to the European market as a supplement for animal feed. The new labeling was adopted by the company in accordance with clauses and rules of ...
  • 2017-09-08 11:44:19
    MMK invests RUB 1.64 bln in environmental protection activities in 1H 2017
    PJSC Magnitogorsk Iron and Steel Works ("MMK") invested RUB 1.64 bln in renovating and building new environmental facilities in the first six months of 2017. The initiatives are part of the MMK annual environmental program designed to minimise the impact of production ...
  • 2017-09-08 11:40:28
    Metalloinvest discusses freight transport partnership opportunities
    A meeting has taken place at Lebedinsky GOK (part of Metalloinvest) to discuss Metalloinvest enterprises' partnership with the rolling stock operating company New Forwarding Company (part of Globaltrans Group), specifically focusing on issues relating to freight transport organisation in the ...
  • 2017-09-08 11:32:15
    NLMK Group starts briquetting plant construction in Lipetsk
    NLMK Group, an international steelmaking company with operations in Russia, the USA and the European Union, has embarked on the construction of a briquetting plant at its Lipetsk production site, a new production of steelmaking briquettes with a capacity of 700,000 tonnes per year. The ...
  • 2017-08-24 12:11:50
    EVRAZ NTMK has shipped a lot of new design railway wheels to Deutsche Bahn
    EVRAZ NTMK has for the first time shipped a lot of 240 BA220 passenger railway wheels to Deutsche Bahn, the largest German operator. BA220 railway wheels is a new product for the Mill. The wheels are manufactured with ER7 steel grade and demonstrate rim hardness of 235 HB and above; ...
  • 2017-08-17 14:27:24
    NLMK Group expands Stoilensky’s beneficiation capacities
    NLMK Group, an international steelmaking company with operations in Russia, the USA, and the European Union, is embarking on the second stage of its project to implement High Pressure Grinding Rolls (HPGR) technology at the Stoilensky beneficiation plant, NLMK Mining Division core asset. ...
  • 2017-08-17 13:51:58
    Metalloinvest signs long-term contract with Severstal to supply iron ore concentrate
    Metalloinvest and Severstal have signed a new long-term contract for the supply of 1.8 mn tonnes of iron ore concentrate, valid until 30 June 2018. Deliveries will be made from Lebedinsky GOK (part of Metalloinvest). The contract also covers the supply of dry iron ore concentrate in ...
  • 2017-08-17 13:44:57
    RUSAL invests USD 24 million in calcined coke production
    UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, has announced the launch of a new calciner at the Irkutsk Aluminium Smelter. The total project investment amounts to USD 23.7 million. In 2015, it was decided to upgrade the ...
  • 2017-08-17 13:36:02
    ChelPipe Group announces financial results as of H1 2017 in accordance with IFRS
    Chelyabinsk Pipe-Rolling Plant Public Joint-Stock Company (ChelPipe PJSC), a leading Russian manufacturer of pipe products and provider of integrated solutions for companies of the fuel and energy complex, announces its consolidated financial results for the six months ending June 30, 2017, ...
  • 2017-08-11 13:21:46
    Metalloinvest signs long-term contracts with Mechel for supply of iron ore products
    Metalloinvest and Chelyabinsk Metallurgical Plant (part of Mechel) have signed long-term contracts for the delivery of approximately 1.6 mn tonnes of iron ore and pellets. The contract stipulates that Mikhailovsky GOK (part of Metalloinvest) will supply 0.6 mn tonnes of pellets and 1 ...
  • 2017-08-11 10:09:50
    Severstal develops biggest Data Lake in Russian industry
    PAO Severstal, one of the world’s leading steel and steel-related mining companies, announces that it has created a hybrid Data Lake as part of its digital strategy to secure the Company’s competitive advantages in the long-term. The infrastructure is designed to store Company ...
  • 2017-08-07 17:00:54
    Metalloinvest signs long-term contracts with Evraz for supply of iron ore products
    Metalloinvest and Evraz have signed new long-term contracts for the supply of 3.4 mn tonnes of iron ore and pellets. The contracts stipulate that Mikhailovsky GOK (part of Metalloinvest) will supply Evraz with 1.6 mn tonnes of pellets and 1.8 mn tonnes of iron ore concentrate before 30 ...
  • 2017-08-07 16:04:14
    VSMPO-AVISMA Corporation and Rolls-Royce signed long-term agreements for supply of titanium products
    VSMPO-AVISMA Corporation signed several long-term agreements with Rolls-Royce for the period up to 2026. Terms and conditions of all agreements differ from each other. According to the terms of new agreements VSMPO-AVISMA shall deliver rings, blisks and fan disks to Rolls-Royce ...
  • 2017-08-07 15:59:57
    TMK launches production of casing pipe with unique TMK up threaded connections
    TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has become the first Russian manufacturer to start the production of casing pipe with unique TMK UP CENTUM threaded connections. TMK is currently the only manufacturer of pipe with such ...
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