Metallurgy news

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  • 2012-10-03 10:05:00
    KOKS Group announces confirmation of its credit rating by S&P at the level ‘B’, outlook ‘Stable’
    International rating agency Standard and Poor’s confirmed a ’B’ corporate credit rating for KOKS Group, with outlook ‘Stable’. The agency noted that KOKS Group’s advantages include vertical integration into coal and iron ore, which it seeks to raise ...
  • 2012-10-02 10:02:00
    METALLOINVEST announces financial results for the first half of 2012
    METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announces its audited IFRS financial results for six months ended June 30, 2012. Financial Highlights - Consolidated revenue US$ 4,458 million (-7.6% h-o-h[1]) - EBITDA US$ 1,642 million (-13.1%) ...
  • 2012-10-02 10:01:00
    Norilsk Nickel commemorates the first anniversary of its tanker sea-going
    MMC Norilsk Nickel (hereinafter, “MMC Norilsk Nickel” or “the Company”) announces that today, the Company commemorates the first anniversary of Yenisey ARC7 ice-class tanker’s sea-going. Sailing under Russian flag, Yenisey tanker takes freights on the ...
  • 2012-10-01 15:52:21
    Metal-Expo’2012 exhibitor list has been pasted on the website
    The exhibitor list and the detailed business program of Metal-Expo’2102, 18th International Industrial Exhibition have been pasted on http://www.metal-expo.ru/en/listpart/ Before visiting the event professional in the steel and steel-related industries can study exhibitor list ...
  • 2012-10-01 10:10:57
    Severstal Dearborn presented new environmental technologies to the local ecologists
    Severstal North America, a Dearborn, Michigan-based steelmaker, hosted a tour of local environmental organizations highlighting its latest progress in pollution prevention, air, water and energy control, and recycling. The tour consisted of a driving visit of the entire plant and a ...
  • 2012-09-28 10:07:46
    Norilsk Nickel Board of directors approves reduction of 2012 investment expenditures
    Norilsk Nickel (Norilsk Nickel or the Company) announces of today’s approval of the 2012 investment expenditures reduction granted by the Company’s Board of Directors, as proposed by the management. The scope of investment reduction steps will bring down the budgeted 2012 ...
  • 2012-09-28 10:05:51
    TMK commissions new production lines at TMK-INOX
    TMK-INOX, a subsidiary of TMK, has commissioned a shop manufacturing stainless steel and alloy-based welded precision pipes. Two welding lines produced by Italy’s OLIMPIA 80 Srl, a leading manufacturer of pipe welding equipment, were installed at the plant. At the next stage of ...
  • 2012-09-27 10:48:18
    Results of NLMK Board of Directors meeting
    NLMK, the leading global steelmaking company, today announced that its Board of Directors (“the Board”) has considered the proposal to nominate Mr. Oleg Bagrin, Executive Vice President and a member of NLMK Group’s Board of Directors, as candidate to the position of NLMK ...
  • 2012-09-27 10:06:00
    Mechel reports decisions made by Board of Directors
    Mechel Board of Directors held a meeting on September 21, 2012, with the agenda including, among other issues, the measures on restructuring the Group’s assets in order to improve the company’s financial performance and increase its shareholder value, in view of the revised ...
  • 2012-09-26 11:04:00
    OMK casting and rolling complex confirms its quality management system’s compliance with EU requirements
    The Casting and Rolling Complex (CRC, Vyksynsky district, Nizhny Novgorod region, belongs to the United Metallurgical Company, CJSC OMK) has confirmed the compliance of its quality management system and rolled metal products with the requirements of European Union Directives 97/23/EU, ...
  • 2012-09-26 10:18:00
    Interim dividend for six months ended 30 June 2012 - determination of currency amounts
    According to the announcement of EVRAZ plc interim financial results for H1 2012 on 30 August 2012, the Company declared an interim dividend of US$0.11 per share. The dividend will be paid on 5 October 2012 to ordinary shareholders who were on the register on 7 September 2012. The interim ...
  • 2012-09-25 10:34:53
    Preliminary results of MMC Norilsk Nickel under IFRS for 1H 2012
    Norilsk Nickel, the world’s largest nickel and palladium producer, announces that estimated net profit of the Group under IFRS for 1st half of 2012 shall amount to more than USD 1.4 billion in accordance with the preliminary financial results. As per preliminary estimates, in the ...
  • 2012-09-25 10:26:00
    TMK Announces Resolutions of the Board of Directors
    TMK, one of the world’s leading oil and gas steel pipe producers, today announces that OAO TMK Board of Directors has decided to convene an Extraordinary General Meeting of Shareholders (EGM) in the form of an absentee voting on November 2, 2012. The record date for the list of ...
  • 2012-09-25 10:12:00
    Metal-Expo Exposition and Program of Events to Complete
    The next Metal-Expo event will be held on November 13 – 16, at the All-Russia Exhibition Center Fairgrounds, Moscow. This year ferrous and non-ferrous producers with the total capacities exceeding 200Mt of rolled products, tubes, steel products and structures will present their ...
  • 2012-09-24 10:01:00
    RUSAL delivered medical cargo to combat cholera outbreak in Sierra Leone
    RUSAL, the world’s largest aluminium producer announces the successful completion of a humanitarian mission to deliver medical cargo to combat and prevent cholera for hospitals in Sierra Leone, Western Africa. More than 25 tonnes of cargo was passed onto the health facilities of the ...
  • 2012-09-24 10:01:00
    Mechel reports resumption of coal mining at New-Olzherassk Underground Mine
    Mechel, one of the leading Russian mining and metals companies, announces that coal mining at Southern Kuzbass Coal Company OAO’s New-Olzherassk Underground has been resumed. Industrial reserves of coal at the mine’s long wall face 21-1-7 are 350,000 tonnes, with the mining ...
  • 2012-09-21 10:01:00
    Norilsk Nickel will increase the capacities of Zapolyarny mine
    Norilsk Nickel announces that design works aimed at increasing disseminated ore output at Zapolyarny Mine have been completed. On September 14, 2012 a complete set of documentation and engineering research results were submitted to the Federal Autonomous Institution State Expert Appraisal ...
  • 2012-09-21 10:01:00
    Investors welcomed at Izhora Pipe Mill
    Representatives of major international investment funds have visited Izhora Pipe Mill, which is part of Severstal Russian Steel Division.Among the foreign guests who have visited the facility which supplies large-diameter pipes to leading oil and gas projects, were representatives of East ...
  • 2012-09-20 10:15:00
    Chelyabinsk Zinc Plant announces appointment of new CEO
    The Board of Directors of Chelyabinsk Zinc Plant decided to appoint Rinat Shakirzyanov as General Director due to nomination of Andrey Panshin as Technical Director of LLC “UMMC-Holding”. “For the time that Andrey Panshin was the head of CZP, the plant was significantly ...
  • 2012-09-20 10:01:58
    EVRAZ announces the signature of a five year contract with Uralvagonzavod
    EVRAZ has signed a five year contract with UVZ agreeing the supply of metal products. The agreement was signed in Berlin at the international “Innotrans-2012” exhibition. The contract is valid from 2012 till 2017 and establishes mutual obligations for the purchase of metal ...
  • 2012-09-19 10:01:00
    RUSAL to upgrade powder production
    RUSAL, the world’s largest aluminium producer, announces an increase in powder production due to the launch of unique equipment and the introduction of the new types of products. In the first half of 2012 the total volume of powder products, produced by UC RUSAL subsidiaries, has ...
  • 2012-09-18 10:07:51
    EVRAZ signs a Memorandum of Understanding with GHH-Valdunes International
    EVRAZ and GHH-Valdunes International (“GHH-Valdunes”) have signed a Memorandum of Understanding that outlines both parties’ intention to collaborate in the marketing and distribution of their steel wheel products. A final agreement is expected to be signed in December, ...
  • 2012-09-18 10:04:09
    Severstal to supply rolled products for manufacturing of Beko and Vestel household appliances
    Cherepovets Steel Mill, one of the world’s largest integrated steel plants (part of Severstal Russian Steel Division) expands its cooperation with producers of household appliances. For the first time Severstal signed a quarterly agreement with Beko for the delivery of cold-rolled ...
  • 2012-09-17 10:10:24
    Norilsk Nickel will dispute results of the tenders for the rights to develop two significant nickel deposits
    MMC Norilsk Nickel has filed requests to Moscow Arbitration Court to invalidate the actions and resolutions of the Federal Agency on Mineral Resources and the commissions it formed to carry out the tenders for the rights to use areas of mineralization of federal significance (southern part of ...
  • 2012-09-17 10:01:00
    VSMPO-AVISMA Corporation sign Memorandum of Cooperation
    VSMPO-AVISMA Corporation was visited by the Indian delegation of the representatives of the Indo Russian Science and Technology Centre (IRSTC), the Indian Government’s Department of Science & Technology, a public sector enterprise Mishra Dhatu Nigam Limited (MIDHANI) specializing in ...
  • 2012-09-14 10:28:29
    International ecological conference has started in Norilsk
    MMC Norilsk Nickel announces that III International Ecological Conference on environmental protection and industrial operations in northern conditions started today in Norilsk. The Conference is carried out within the framework of implementation of the program to considerably reduce the ...
  • 2012-09-14 10:23:29
    Mechel reports Russian Railways President Vladimir Yakunin’s visit to Elga Coal Complex
    Mechel, one of the leading Russian mining and metals companies, reports that Russian Railways OAO’s President Vladimir Yakunin visited Elga Coal Complex’s facilities. During the working visit, Russian Railways OAO’s President Vladimir Yakunin, together with Chairman of ...
  • 2012-09-13 10:04:20
    Koks Group updates on construction progress of new iron ore mining level of Kamruda Mine
    Gubkin, Russia - KOKS Group, the world’s largest exporter of merchant pig iron and a leading producer of merchant coke in Russia, announces that its subsidiary Kombinat KMAruda OAO continues tunneling operations to develop a new working level at its Gubkin mine. Construction is within ...
  • 2012-09-13 10:01:00
    NLMK closes the order book for RUB5 billion 07 series bond issue
    NLMK, the leading global steelmaking company, closed the order book for its 07 bond issue series with a nominal value of RUB1,000 per bond on September 11, 2012. The issue has a total value of RUB5 billion, a maturity period of 10 years and with a buy back offer in 2.5 years. In the ...
  • 2012-09-12 10:13:45
    OMZ-Izhora research center confirmed right to produce equipment for nuclear plants
    OMZ-Izhora research center, part of OMZ Group, has successfully passed the document expertise procedure, and received permission to produce equipment for nuclear plants. As a result of the expertise OMZ-Izhora has received the license, which confirms the right to produce nuclear power ...
  • 2012-09-12 10:10:21
    Mechel announces signing cooperation agreement on supplies of coal products
    Mechel, one of the leading Russian mining and metals companies, announces the signing of a cooperation agreement for supplying OJSC “RAO Energy Systems of East” with coal from Elga Coal Complex. As part of an official meeting during the Business Summit of the Asia Pacific ...
  • 2012-09-11 10:01:00
    Hydrocracking reactors made by Izhorskiye Zavody successfully delivered in Tuapse
    Three hydrocracking reactors made by Izhorskiye Zavody, part of OMZ Group, have been successfully delivered to the customer - Tuapse refinery (enters Rosneft). Hydrocracking reactors for Tuapse refinery are unique high-tech products for deep oil refining and production of high quality ...
  • 2012-09-11 10:01:00
    Mechel reports Chairman of Mechel Board of Directors meeting with POSCO Chief Executive Officer
    Mechel, one of the leading Russian mining and metals companies, reports the meeting between Chairman of Mechel OAO’s Board of Directors Igor Zyuzin and POSCO Chief Executive Officer Chung Joon-Yang during the Business Summit of the Asia Pacific Economic Cooperation (APEC). During ...
  • 2012-09-11 10:01:00
    Letter of intent signed by Norilsk Nickel and Republic of Indonesia’s Ministry of industry and trade at APEC summit
    A work meeting between the General Director, Chairman of the Board of OJSC MMC Norilsk Nickel Vladimir Strzhalkovsky and President Susilo Bambang Yudhoyono of the Republic of Indonesia took place at APEC Business summit in Vladivostok on September, 8th. The parties discussed implementation of ...
  • 2012-09-10 15:54:16
    Mechel announces signing long-term partnership agreement with STX Group
    Mechel, one of the leading Russian mining and metals companies, announces the signing of a long-term partnership agreement with South Korea’s STX Group during the Business Summit of the Asia Pacific Economic Cooperation (APEC). Chairman of the Board of Directors Igor Zyuzin signed ...
  • 2012-09-10 15:47:27
    OMZ Special Steels produced punching blanks of the record size
    Experts of OMZ Special Steels, part of OMZ Group, mastered the technology of half-end’s stamping for large petrochemical vessels. Successfully completed the manufacture of an experimental batch of blanks for the reactor R-201, which has been manufactured by Izhorskiye Zavody for ...
  • 2012-09-10 13:25:21
    Global aluminum conference in Moscow
    This week, on September 12-14, in Moscow the 27th International Aluminum Conference will begin its work. The Conference is organized by Metal Bulleting and US RUSAL as a lead sponsor. Metal Bulletin Conference is a key event in the aluminum industry, a leading platform for ...
  • 2012-09-07 13:50:08
    TMK signs contract with Halliburton
    TMK, one of the world's leading producers of tubular products for the oil and gas industry, has signed a contract with Halliburton International Inc. to provide threading services. TMK Central Pipe Yard (Buzuluk, Orenburg Region), which is part of TMK Oilfield Services, will be ...
  • 2012-09-07 10:13:00
    Norilsk Nickel’s Management Board faces changes
    At the scheduled meeting of the Board of Directors of MMC Norilsk Nickel the Board resolved to make changes to the composition of the Company’s Management Board and established that the Management Board shall be comprised of seven members. Starting from 24.08.2012, powers of member ...
  • 2012-09-07 10:01:00
    Ural Boeing Manufacturing delivers first 787-9 lower chord on its 5th anniversary
    Boeing and Verkhnaya Salda Metallurgical Production Association (VSMPO-AVISMA) Joint Venture, Ural Boeing Manufacturing (UBM) delivered its first 787-9 lower chord on the day of UBM’s 5th anniversary. The lower chord is part of the wing structure that attaches the wing to the fuselage. ...
  • 2012-09-06 10:01:00
    RUSAL to present new projects at the IV International Congress Non-ferrous metals-2012 in Krasnoyarsk, Russia
    RUSAL has become a sponsor of IV International Congress & Exhibition ''Non-Ferrous Metals-2012'', which will be held in Krasnoyarsk, Russia, on 5-7 September 2012. The Company will present its latest research on aluminium alloys and alumina production. The ''Non-Ferrous Metals-2012'' ...
  • 2012-09-06 10:01:00
    Minister of industry and trade of the Russian Federation commented on rise in production figures at Lebedinsky GOK
    Denis Manturov, the Minister of Industry and Trade of the Russian Federation, has completed his working visit to Lebedinsky GOK iron ore production facility (part of METALLOINVEST). Mr. Manturov commented during the visit: “Business has not only returned to pre-crisis levels but, ...
  • 2012-09-05 10:08:52
    NLMK closes the order book for RUB5 billion BO-04 series bond issue
    NLMK, the leading global steelmaking company, today announced the closure of the order book for its BО-4 bond issue series with a nominal value of RUB1,000 per bond. The issue has a total value of RUB5 billion and a maturity period of 1,092 days (3 years). In the course of marketing, book ...
  • 2012-09-05 10:01:52
    Norilsk Nickel completes Bystrinsky GOK’s designing
    Norilsk Nickel informs of successful completion of design stage at Bystrinsky GOK (Mining and Processing Combine). On August 10, the Company submitted the design documentation for the state expert appraisal. On August 14, the Company entered into an expert services agreement with Federal ...
  • 2012-09-04 17:39:35
    Alexander Grubman shares insights on one of the world's leading steel and mining companies.
    To know what's happening in global business, you need to be where business happens. This is part of the reason why students in the Global Executive MBA class at Duke University's Fuqua School of Business have program residencies in key international markets: London, St. Petersburg, Dubai, ...
  • 2012-09-04 10:25:01
    Severstal-Metiz participates in construction of cable-stayed footbridge in Naberezhnye Chelny
    The engineering subdivision of JSC “Severstal-Metiz” (is included in division “Severstal Russian Steel”) implements a new order for manufacture, delivery and installation of cable-stayed systems for bridge building. In August the company directed to the client ...
  • 2012-09-04 10:01:00
    RUSAL launches online trading platform
    RUSAL, the world’s largest aluminium producer, is pleased to present its new online trading platform for the Company's suppliers. All contractors are now able to obtain comprehensive information regarding competitive selections and place their bids on the Company's special website ...
  • 2012-09-03 12:08:46
    Severstal holds 2012 Capital Markets Day
    Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, is today hosting its annual Capital Markets Day in London to update investors and analysts on progress in executing its stated strategy. Presentations will be given by the senior ...
  • 2012-09-03 10:05:41
    Metalloinvest chooses Siemens and Midrex Technology for its new HBI production facility
    Siemens Metals Technologies and consortium partner Midrex Technologies, Inc. signed a contract with the Russian Metalloinvest Company to expand the hot briquetted iron (HBI) production at Lebedinsky Mining and Processing Integrated Works (Lebedinsky GOK) in Gubkin (Belgorod Region, Russia). ...
  • 2012-08-31 17:55:19
    The biggest metal hardware Forum will be held in Moscow during September
    During the 19-20th of September "WIRE - FASTENER'2012" , the 1st All-Russian Conference will open its doors to more than 100 of top-managers and specialists of the companies producing, providing and consuming the wide range of hardware. The main topics which will be covered ...
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