Metallurgy news

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  • 2021-03-02 11:25:33
    TMK supplies pipes to transport gas from the UAE’s new field
    ТMK has supplied seamless steel pipes to the Sharjah National Oil Corporation (SNOC) to transport Mahani Gas production to SNOC Sajaa Gas Plant in Sharjah, UAE. The shipment totaled over 5 thousand tonnes. The 16” (406.4 mm) pipe produced at TMK’s Volzhsky Pipe Plant is ...
  • 2021-03-02 11:23:21
    Mikhailovsky HBI and Metalloinvest sign letter of intent on future pellet supply for HBI Plant under construction
    Mikhailovsky HBI and Andrey Varichev Mikhailovsky GOK (part of Metalloinvest) have signed a letter of intent for the supply of iron ore pellets to the future HBI plant in Zheleznogorsk, Kursk region. The protocol was signed by Pavel Mitrofanov, Deputy CEO of USM, on behalf of ...
  • 2021-02-12 12:23:26
    RUSAL strengthens premium automotive offering with acquisition of aluminium producer in Germany
    RUSAL announces that it has agreed to acquire the business and assets of the Aluminium Rheinfelden GmbH out of insolvency. Aluminium Rheinfelden is one of Germany’s leading manufacturers of aluminium alloys, semis and carbon-based components and a major supplier to the global ...
  • 2021-02-12 12:05:35
    Credit Bank of Moscow and UMMC signed an ESG financing credit facility
    Credit Bank of Moscow (MKB) has entered into a credit facility with JSC «UMMC» covering potential needs for financing the ESG-related activity of Mining and Metallurgical Company. The credit facility is to support the UMMC’s environmental initiatives in the regions of ...
  • 2021-02-12 11:57:45
    NLMK Ural begins commissioning works at new wire galvanizing line
    NLMK Metalware, an NLMK Group company, has completed the installation of main process equipment at its new wire galvanizing line in Berezovsky, Sverdlovsk region. Commissioning works are currently underway. The project will enable NLMK Metalware to increase its galvanized wire output by 40% ...
  • 2021-02-12 11:56:28
    OEMK ships record volume of cast square billets
    OEMK (part of Metalloinvest) has shipped a record number of cast square billets in 2020. The enterprise shipped 1.04 mn tonnes to customers in Turkey, the UAE, Saudi Arabia, Tunisia, China, Italy, Denmark, Colombia and other countries. This exceeded the previous record set in 2016 by almost ...
  • 2021-02-12 11:54:48
    MMK improves budgeting system with help from IBM solutions
    Magnitogorsk Iron and Steel Works (MMK) has upgraded its analytics and budgeting capabilities. With help from GMCS, an IBM business partner, the Company has successfully implemented a new budgeting system based on IBM Planning Analytics that receives input from 400 staff. The project's ...
  • 2021-01-14 16:01:27
    RUSAL Completes a Full Cycle of 3D Printing at ILM&T
    RUSAL has successfully completed a closed additive manufacturing cycle at the Institute of Light Materials and Technologies (ILM&T). RUSAL's significant investment in resources and facility development at the Additive Technology Centre has so far amounted to €3.5 million. The ...
  • 2021-01-14 15:59:22
    UMMC Group and JSС SOGAZ launched the complex insurance program for the “Korbalikha” project.
    On 25th December 2020 UMMC Group, VEB.RF and SberCIB have signed a syndicate facility agreement for the development of the project of the “Korbalikha” Zn-Cu-Pb Mine construction and the Renovation of Rubtsovsk enrichment plant to ramp up the production capacity up to 1.5 mln tons ...
  • 2021-01-14 15:57:36
    NLMK to boost order accuracy using digital production planning
    NLMK Group has started commercial operation of a digital solutions package for production planning at its Lipetsk site. It will improve the accuracy of customer order fulfillment, ensure tracking transparency, and increase production productivity. The all-in-one digital platform ...
  • 2021-01-14 15:55:46
    Severstal completes construction of environmental facilities for a new blast furnace
    Severstal, one of the world's leading vertically integrated steel and mining companies, has completed the construction of environmental facilities for blast furnace No. 3. The modernization of blast furnace No. 3 will mitigate the environmental impact of pig iron production throughout ...
  • 2021-01-14 15:53:27
    MMK wins Treasurer of the Year 2020 national award
    MMK was named the winner in the category of Project of the Year in Improving Treasury Functions at the award ceremony for the Treasurer of the Year 2020 award, which took place in Moscow. The Treasurer of the Year award is one of the most prestigious awards in the financial community, ...
  • 2020-11-02 10:39:17
    Severstal supplies large-diameter pipes to the USA for the first time
    Severstal, one of the world's largest vertically integrated steel and mining companies, has completed its first ever delivery of large-diameter pipes (LDP) to the USA, an order of 2,350 tonnes. Severstal’s high-quality LDP products are produced at the IzhoraPipe Mill, which is ...
  • 2020-10-14 12:44:01
    Nornickel expects USD 400 mln in economic gain from digital transformation by 2030
    By 2030, Nornickel’s digital transformation programme is expected to generate an economic effect of USD 400 mln, said Vladimir Trapezin, Nornickel’s Director for Automation and Production Information Transformation, speaking at MINEX Russia 2020 forum. n 2015, the company ...
  • 2020-10-14 12:42:19
    RUSAL will reduce KrAZ’ benzapyrene emissions by 60% thanks to the smelter using eco-friendly pitch
    As part of its environmental modernization program, by 2024 RUSAL (SEHK: 486; Moscow Exchange: RUAL), a leading global aluminium producer, plans to completely switch the reduction area of the Krasnoyarsk aluminum smelter (KrAZ) to a new type of raw material, an eco-friendly pitch. ...
  • 2020-10-14 12:38:00
    Severstal reports Q3 & 9M 2020 operational results
    Severstal announces its operational results for Q3 & 9M 2020. Q3 2020 GROUP HIGHLIGHTS Hot metal output increased 3% q/q in Q3 2020 to 2.40 mln tonnes (Q2 2020: 2.33 mln tonnes) following the completion of maintenance works at blast furnace facilities in the previous ...
  • 2020-10-14 12:35:07
    MMK develops innovative new products
    One of the important areas of scientific and technical activity at Magnitogorsk Iron and Steel Works (MMK) is the development of innovative products. In H1 2020, the plant shipped 8246 tonnes of new products worth RUB 365 million. Modern metallurgy is innovative in many ways, so it is ...
  • 2020-10-14 12:33:35
    Q3 and 9M 2020 NLMK Group Trading Update
    Q3 2020 highlights: Steel output grew by 3% yoy to 3.9 m t (flat qoq). Sales increased by 11% yoy to 4.4 m t, due mainly to higher pig iron sales to the US, Chinese, and Turkish markets. Quarter-on-quarter, sales were up by 2%, while the share of finished products in the ...
  • 2020-09-22 13:06:02
    UMMC Group and Sberbank expand cooperation
    PJSC Sberbank (the Bank) and JSC Siberia-Polymetall (the Company, one of the mining plants of UMMC Group) have signed an agreement on establishing a strategic cooperation. The goal of this cooperation is defined to implement various products and services of Sberbank ecosystem into the mining ...
  • 2020-09-22 13:04:17
    MMK strengthens position in top 20 of Forbes rating
    Magnitogorsk Iron and Steel Works (MMK) took 15th place in Russian Forbes’ rating of the 200 largest private companies in Russia. Forbes has published a new instalment of its rating of the 200 largest private companies in Russia based on 2019 financial results. The rating ...
  • 2020-09-22 13:02:54
    Severstal commits to cutting its carbon emissions by 3% by 2023 and almost doubles its target for reducing total atmospheric emissions
    Severstal announces a public target to cut its greenhouse gas emissions intensity by 3% over the next three years compared with 2020 . It is the first stage of a longer-term strategy to reduce its carbon footprint and increase its contribution to meeting the goals set by the Paris Climate ...
  • 2020-09-22 13:00:23
    NLMK supplies electrical steel to Riga Electric Machine Building Works
  • 2020-09-22 12:58:05
    Nordgold partners with Deswik to replatform mining IT systems
    Nord Gold SE ("Nordgold" or the "Company"), the internationally diversified gold producer, announces that it has started replatforming its mine planning IT systems to Deswik, the Australian-based mining-focused global technology company. The move follows a successful ...
  • 2020-08-03 13:52:57
    Uzhuralzoloto Group of Companies increased its stake in Petropavlovsk by converting bonds
    Petropavlovsk PLC ("Petropavlovsk" or the "Company"), has received Conversion Notices (the "Notices") from Euroclear Nominees Limited and Vidacos Nominees Limited, on behalf of the Uzhuralzoloto Group of Companies, Renaissance Securities (Cyprus) Limited and ...
  • 2020-07-27 15:33:57
    Nornickel announces changes to the Company’s organisational structure
    Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces today changes to the Company’s organisational structure and new appointments to the management board. These changes are aimed at strengthening the ...
  • 2020-07-27 14:58:07
    Mikhailovsky GOK produces 3 million tonnes of concentrate using fine screening technology
    Mikhailovsky GOK (part of Metalloinvest) has produced 3 million tonnes of fine screening technology concentrate. The advanced iron ore beneficiation technology using Derrick equipment was launched at the plant in September 2019. Alexander Levshin, Chief Engineer at the beneficiation ...
  • 2020-07-27 14:54:16
    Severstal reports Q2 & H1 2020 operational results
    Severstal announces its operational results for Q2 & H1 2020. Q2 2020 GROUP HIGHLIGHTS Hot metal output decreased 3% q/q to 2.33 mln tonnes in Q2 2020 (Q1 2020: 2.41 mln tonnes) due to maintenance works at BF#1, #4 and #5. Crude steel production decreased 2% q/q to 2.81 ...
  • 2020-07-27 14:52:04
    MMK and Wepuko PAHNKE sign contract for the supply of hydraulic pump units
    Magnitogorsk Iron and Steel Works (MMK) has signed a contract with the German company Wepuko PAHNKE GmbH for the supply of two ‘sticky scale’ descaling hydraulic pump units. In 2019, the companies agreed to conduct tests using a mobile Wepuko PAHNKE descaling hydraulic pump ...
  • 2020-06-26 13:41:54
    Primetals Technologies Receives FAC for LD (BOF) Converter Modernized at Mechel in Chelyabinsk
    In May, the Mechel Group issues the final acceptance certificate (FAC) for a LD (BOF) converter modernized by Primetals Technologies in the steel works of the Chelyabinsk Metallurgical Plant (ChMK) in Russia. The project aims were to replace worn-out equipment, to further increase capacity ...
  • 2020-06-26 13:39:04
    RUSAL has launched a new foundry complex at BoAZ to produce high strength alloys for the automotive industry
    RUSAL announces the commissioning of a new foundry complex at the Boguchansky aluminium smelter with a capacity of 120 thousand tonnes of alloys per year. The new foundry by the Italian company Properzi will produce a qualitatively new product - high silicon aluminium alloy with ...
  • 2020-06-26 13:36:47
    NLMK Russia Long companies awarded Environmental Product Declaration certificates
    NLMK Ural and NLMK Kaluga, part of NLMK Russia Long Products Division, have been awarded Environmental Product Declaration (EPD) certificates for rebar. EPD certification will boost the competitiveness of NLMK products in Russian and international markets. An Environmental Product ...
  • 2020-06-26 13:34:56
    Galvanising unit at MMK's sheet-rolling shop No.11 achieves record monthly production volume
    The continuous hot-dip galvanising unit, located in sheet-rolling shop No. 11 of Magnitogorsk Iron and Steel Works (MMK), produced 38,014 tonnes of galvanised rolled metal in May 2020, a record level of production for this unit since its launch. The previous record for monthly ...
  • 2020-06-26 13:33:11
    Severstal uses Artificial Intelligence to further boost productivity at Cherepovets Steel Mill
    A team of specialists from Severstal Digital, part of PAO Severstal, one of the world’s largest steel and steel-related mining businesses, working with experts in flat rolled products from the Cherepovets Steel Mill have successfully increased the productivity of a machine learning ...
  • 2020-06-26 13:30:51
    Deputy CEO - Sales Director appointed at Metalloinvest
    Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, announces the appointment of Oleg Krestinin as Deputy CEO – Sales Director of Management Company Metalloinvest. Oleg Krestinin's area of responsibility ...
  • 2020-06-02 10:25:40
    RUSAL commences production of aluminium anodes with improved performance characteristics for the oil gas and shipbuilding industries
    RUSAL announces that it has started producing anodes for cathodic protection for the oil and gas, shipbuilding and other heavy industries to protect critical structures and metal objects from corrosion. The move forms part of RUSAL’s strategy to produce more value-added products ...
  • 2020-06-02 10:23:04
    JSC EXIMBANK OF RUSSIA and JSC “Sredneuralsk Copper Smelter” have signed a credit facility of 10 bln RUB under the Cooperation Program of Russian Export Center Group (REС) and UMMC Group
    JSC EXIMBANK OF RUSSIA, a banking financing vehicle of REС Group, has provided a pre-export financing facility in a form of a revolving credit line, up to 10 bln RUB, to JSC “Sredneuralsk Copper Smelter” (JSC “SUMZ) being a part of UMMC Group. The financial solution ...
  • 2020-06-02 10:20:42
    MMK renovates blast furnace No. 2
    At Magnitogorsk Iron and Steel Works (MMK), the reconstruction of the blast furnace No. 2 is entering its final phase. The updated unit is due to be commissioned in July. MMK started reconstruction of the blast furnace No. 2 in February 2020, in line with its major repairs programme. ...
  • 2020-06-02 10:19:01
    NLMK Group among Top 10 steel companies globally in value creation
    NLMK Group was ranked sixth among steel companies globally by total shareholder return (TSR) in the 2020 Value Creators report, a ranking compiled by The Boston Consulting Group (BCG) that covered a five-year period from 2015 through to 2019. BCG analyzed TSR, which is based on share ...
  • 2020-06-02 10:16:59
    Severstal continues focus on automation with second investment in advanced composite solutions developer, Airborne
    Severstal announces that it has led a second tranche of investment into Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. The total investment in Airborne has already amounted to ...
  • 2020-06-02 10:14:31
    Primetals Technologies receives FAC for LD (BOF) converter modernized at Mechel in Chelyabinsk
    In May, the Mechel Group issues the final acceptance certificate (FAC) for a LD (BOF) converter modernized by Primetals Technologies in the steel works of the Chelyabinsk Metallurgical Plant (ChMK) in Russia. The project aims were to replace worn-out equipment, to further increase ...
  • 2020-04-29 12:19:28
    Ural Steel increases slag pot production
    Ural Steel (Novotroitsk-based enterprise of Metalloinvest) has increased the rate of slag pot production to more than 40 units per month. 500 units are expected to be produced by the end of the year. Slag pots are used in metal manufacturing industries to receive and transport liquid ...
  • 2020-04-29 12:13:26
    Severstal reports Q1 2020 financial results
    Q1 2020 vs. Q1 2019 ANALYSIS: Group revenue declined by 12.5% y/y to $1,777 million (Q1 2019: $2,031 million). This drop in revenue y/y due to weaker pricing for steel products and lower volumes. Group EBITDA was 16.3% lower y/y at $555 million (Q1 2019: $663 million), primarily ...
  • 2020-04-29 12:11:18
    MMK Group to allocate more than RUB 13 billion to its environmental programme for 2020
    Magnitogorsk Iron and Steel Works (MMK) has approved environmental goals for 2020 and the MMK Group's environmental programme, which will cost RUB 13.3 billion this year. RUB 12.95 billion of this amount will be allocated by the parent company. MMK CEO Pavel Shilyaev outlined in the ...
  • 2020-04-29 12:07:15
    CBM and UMMC Group strengthen cooperation
    Credit Bank of Moscow (CBM) provides a financing up to 450 mln.RUB to Revda Nonferrous Plant, a daughter company of JSC “UMMC” (Ural Mining & Metallurgical Company) within the existing credit limits of 10 bln.RUB pre-set by Credit Bank of Moscow for UMMC Group. These funds ...
  • 2020-04-14 18:32:17
    EVRAZ NTMK’s Channel Bars Used at Vostok Station in Antarctic
    EVRAZ Nizhniy Tagil Integrated Metallurgical Plant (EVRAZ NTMK) produced its first 400,000 kg of the unique 20P channel bars with exceptional impact strength even in extremely low temperatures (-60°С), EVRAZ Holding Ural’s Corporate Communications Center reports. ‘These ...
  • 2020-04-14 18:30:38
    Sinarsky Pipe Plant Commissioned New Pipes Finishing Equipment
    Sinarsky Pipe Plant (Sinarsky or SinTZ), a member of Pipe Metallurgical Company (TMK) commissioned a new pipes finishing complex. The equipment installed at the plant allowes to perform in an automatic mode all the main stages of pipes finishing, including the formation of pipes ...
  • 2020-04-14 18:26:05
    Severstal reports Q1 2020 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 Q1 2020. Q1 2020 GROUP HIGHLIGHTS Hot metal output increased 2% q/q in Q1 2020 to 2.41 mln ...
  • 2020-03-13 12:26:06
    Severstal to create world-class powder metallurgy center of excellence
    PAO Severstal, one of the world’s leading steel and steel-related mining companies, has completed the acquisition of 100% of the shares of Sintez-CIP Ltd and Sintez PP Ltd, the owners of the only producer and supplier of carbonyl iron powders in Russia and the CIS region. ...
  • 2020-03-10 10:39:43
    OMK Sets Record for Train Wheels in 2019
    United Metallurgical Company OMK subsidiary Vyksa Steel Works in Nizhniy Novgorod Region has increased train wheel production in 2019. At the end of the year, the total number of wheels produced was 951,000 which is up 11% with respect to 860,000 in 2018. This is the highest number yet in ...
  • 2020-02-28 11:47:55
    MMK increases shipments to the Russian market by 8%
    In 2019, MMK Group's shipments to the Russian market, including MMK-Lysva Metallurgical Plant, amounted to more than 8.3 mln tonnes of metal products, up 8 % compared to 2018. Denis Chernenko, Head of MMK's Marketing Department spoke about this at the 13th Russian Conference 'Regional Metal ...
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