Metallurgy news

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  • 2011-01-31 10:34:22
    NLMK completes installation of new waste neutralization plant
    NLMK has finished the installation of a new environmentally friendly industrial waste neutralization plant with the capacity to process 1,200 tonnes of waste per annum. It will be used to burn low-hazard waste materials generated by the Company, including oiled cloth, saw dust, paper and ...
  • 2011-01-28 16:17:25
    Refined copper output in Russia grew by 4.6% in 2010
    According to the Federal State Statistics Service, in 2010 refined copper production has increased by 4.6% to 2009, copper wire: by 32.9 %, plates, sheets, strips and tapes: by 32.1%, and foil: by 76.3 %. However ,copper bars and profiles output reduced to 6.3%. As to production results ...
  • 2011-01-28 10:32:37
    Severstal develops cooperation with International Auto Concern Facilities in Russia
    Severstal continues to be an official supplier of rolled metal products for the Renault group in Russia, and also received positive test results for rolled metal products from HYUNDAI-KIA and Ford, which will enable it to start deliveries to those companies in the medium term. Severstal ...
  • 2011-01-28 10:05:00
    NLMK completes installing equipment at new power plant
    NLMK has completed installation of the main equipment for a new 150MW Heat and Power Plant – one of the key facilities forming Stage II of its Technical Upgrade Program. This project will increase its power generation capacity by 45% from 332 MW to 482 MW. This will improve the Lipetsk ...
  • 2011-01-27 16:31:29
    Copper wire rod plant can be build in the Voronezh region
    Alexey Gordeyev, Governor of the Voronezh region has held a meeting with Igor Bendoi, the owner and Andrey Pegin, Director General of Cannery Kantemirovsky. Businessmen have presented to the governor a project of  building of a copper wire rod manufacture plant  using cannery ...
  • 2011-01-27 10:16:38
    MMK operational trading update for Q4 and 12 months 2010
    MMK Group operational highlights Production, th. tonnes Production Q4‘10 Q3‘10 % 12m'10 12m‘09 ...
  • 2011-01-26 12:52:12
    Rusal resumes construction works at the BEMO
    UC Rusal announced that the company has received credit funds from VEB for the construction of the first start-up complex of the Boguchansky aluminum smelter and that it has resumed works at the construction site. The construction of a number of production facilities of the first start-up ...
  • 2011-01-26 10:39:46
    New technology for delivering insulating bulkhead components underground has been introduce at Gubkin mine
    Belgorodskaya Oblast, city of Gubkin, OAO KMAruda Works. A new technology for delivering insulating bulkhead components underground is being introduced at the Gubkin mine. Work has now been completed to drill a well, reaching from the surface to a the level of 125 meters, that is intended for ...
  • 2011-01-26 00:45:50
    Building of Taishet aluminum plant will be resumed in June
    Building of Taishet aluminum plant will be resumed in June, 2011, the press-office of administration of the Taishet region has informed. By this time the first starting complex will be 60% completed. The first batch of products is planned to manufacture in December 2012. In 2006, Rusal ...
  • 2011-01-25 11:28:32
    TMK ships pipes for Portovaya Compressor Station at Nord Stream Gas Pipeline
    TMK, one of the world’s leading oil and gas steel pipe producers, has sent a shipment of seamless pipes to Gazprom for construction of the Portovaya compressor station (CS). Unique in its technical and operating characteristics, the Portovaya CS will be a starting point for gas supplies ...
  • 2011-01-25 11:27:01
    NLMK complies REACH standard requirements
    NLMK Group companies have successfully completed the registration of their products as required by Regulation EC No. 1907/2006 (REACH) planned for 2010. Technical dossiers for the Group’s products were compiled using recommendations from consortiums created jointly by European and ...
  • 2011-01-24 10:35:33
    Evraz to relocate North American Headquarters to Chicago
    Evraz Group announced plans to relocate the headquarters of North American operations Evraz Inc. NA from Portland, Ore. to Chicago, Ill. this June. Evraz selected Chicago primarily for its logistical advantages, which will provide easier access to customers, manufacturing operations and its ...
  • 2011-01-24 02:05:43
    NLMK wins bid to develop Usinsk coal deposit in Komi Republic
    NLMK has won the right to develop the third mining area in the Usinsk coal deposit (Usinks-3) located in the north of the Komi Republic. NLMK was selected following a competition organized by the Subsoil Agency of the Komi Republic. The license fee is RUR900 million. The license granting the ...
  • 2011-01-21 18:13:40
    Norilsk Nickel develops its port fleet
    MMC Norilsk Nickel (“Norilsk Nickel” or the “Company”) informs that the construction of 1,110 t fuel bunkering vessel ordered by the Company was started by OJSC Krasnoyarsk Shipyards. The construction will be carried out as part of the program aimed at the ...
  • 2011-01-21 10:01:00
    MMK receives approval for Joint Implementation project within framework of Kyoto protocol
    The Russian Ministry of Economic Development has approved the Joint Implementation project “Implementation of arc-furnace steelmaking at Magnitogorsk Iron and Steel Works”. The project has been implemented in accordance with the rules of the Kyoto Protocol to the United Nations ...
  • 2011-01-21 00:05:05
    Mechel announced 2010 Operational Results
    Mechel, one of the leading Russian mining and steel companies, announced 2010 operational results. Products 2010, thousand tonnes 2010 vs. 2009, % Coking coal concentrate 11,506 +52 ...
  • 2011-01-20 14:40:54
    Rusal to participate in the sale of Emission Reduction Units under the Kyoto Protocol
    UC Rusal announces the inclusion of the «Reduction of perfluorocarbon (PFC) emissions at the Krasnoyarsk aluminum smelter (KrAZ)» project in the list of approved projects carried out in accordance with Article 6 of the Kyoto Protocol to the UN Framework Convention on Climate ...
  • 2011-01-20 10:17:11
    Czech Republic government delegation visits Izhorskiye Zavody
    Last week the Czech Republic government delegation visited Izhorskiye Zavody. The delegation comprised P. Kolarge, Extraordinary and Plenipotentiary Ambassador of the Czech Republic in Russian Federation, V. Bartushka, Czech Republic Government Commissioner of Energy Security and Temelin ...
  • 2011-01-19 12:29:02
    NLMK-Long Products launches new production facility
    In December 2010 the NSMMZ Rolling Facility in Berezovsky (NLMK-Long Products, NLMK subsidiary) obtained a favourable report from the Federal Service for Environmental, Technological and Nuclear Supervision of the Russian Federation in addition to authorization for its launch. The ...
  • 2011-01-19 10:17:48
    NLMK purchases new equipment to upgrade rolling facilities
    NLMK has signed contracts with SMS Siemag AG and Sytco AG, agreeing the supply of new equipment for its Lipetsk-based rolling operations worth a total of EUR15.3 million. SMS Siemag AG (Germany) will supply equipment necessary for the modernization of the hot strip mill run-out table, ...
  • 2011-01-19 10:15:20
    MMK launched production of new class of high-strength super-low-carbon microalloyed hot-galvanized steel grades designed for wide range of industries
    The Metal Expo 2010 award-winning class of steel was jointly developed by MMK and Central Scientific Research Institute of Ferrous Metallurgy. The new steel products are characterized by high strength and plasticity and yield points higher than 210 MPa (up to 800 MPa and even 1200 MPa). ...
  • 2011-01-18 10:26:24
    Izhorskiye Zavody win a tender for production of petrochemical equipment for TAIF-NK oil refinery
    Izhorskiye Zavody, a part of OMZ Group, has won an international tender for the production of petrochemical equipment for OAO TAIF-NK oil refinery (Tatarstan Republic, Nizhnekamsk). According to the contract Izhorskiye Zavody is to manufacture the DS-302 hydro treater unit, with weight ...
  • 2011-01-18 10:22:46
    EZTM quickens pace in ring gears manufacture
    The ring gears for ball mills are manufactured and shipped to the Customer: - ring gear 5,050m OD for "Korshunovsky Gok" JSC, - ring gear 4,482m OD for "GMK Norilsky nickel" JSC, - 4 ring gears 4,416m OD for "Irkutskenergo" JSC, - ring gear 7,830m for ...
  • 2011-01-17 11:37:20
    Norilsk Nickel: Rusal claims are unreasonable
    MMC Norilsk Nickel (the Company) notes the information published on the web-sites of the relevant Russian courts that LLC UC Rusal Investment Management (UC Rusal has filed three claims with the Commercial Court of the Krasnoyarsk Territory to the Company, its indirect wholly-owned ...
  • 2011-01-17 10:20:20
    Severstal statement in relation to its subsidiary announcement
    Severstal, one of the world’s leading integrated steel and mining companies, announces that Nord Gold N.V. (“Nord Gold”), a gold producer and a wholly-owned indirect subsidiary of Severstal intends to proceed with an initial public offering and listing of its ordinary shares ...
  • 2011-01-17 10:17:17
    TMK confirms compliance of large diameter pipes made from Russian steel with DNV standard for offshore pipelines
    TMK, one of the world’s leading oil and gas steel pipe producers, has completed certification that its large diameter pipes made from domestically rolled steel products are in compliance with the DNV-OS-F101 standard for offshore pipelines. The presentation of this certificate of ...
  • 2011-01-14 10:32:45
    Severstal Columbus earns International Automotive Quality Recognition
    Severstal North America recently announced that SRI Quality System Registrar has awarded an ISO/TS 16949:2009 and an ISO 9001:2008 management system certificate to Severstal Columbus for the manufacture and supply of steel coils. “SRI is pleased to acknowledge that Severstal ...
  • 2011-01-14 10:29:08
    Evraz signs a contract with Praxair Rus for supply of industrial gases
    Evraz Group and Praxair Rus, a subsidiary of Praxair, Inc., one of the three largest worldwide industrial gases companies and a technological leader in this field, have signed a long-term contract for supply of industrial gases to NTMK, Evraz’s steel mill in the Urals, Russia. ...
  • 2011-01-14 00:47:05
    Renova Group raises CHF 2 bln Club loan
    Renova Group has finalized the deal on borrowing CHF 2 bln. club loan. The Group is structured as a self-arranged club deal and divided into 4 tranches with tenors ranging from 4 to 7 years. The club was arranged by the following banks: Credit Suisse AG acting as the Security Agent, ING Bank ...
  • 2011-01-13 10:01:00
    Producers of steel structures for construction of Olympics objects will present their potential at Metal-Expo’2011
    A large-scale construction of Olympics objects will be performed in Russia in 2011-2017 caused by such international events as: World Student Games’2013 in Kazan, Olympics’2014 in Sochi, and World Cup’2018 to be held in 13 Russian cities. In this connection Metal-Expo, ...
  • 2011-01-13 09:38:36
    VSMPO-Avisma to invest $250 million in 2011
    VSMPO-Avisma Corporation plans to invest in production development $250 million in 2011, said Michael Voevodin, Director General in his interview to the corporate edition of the company. According to investment program VSMPO-Avisma plans to invest $500 million in modernization till 2015. ...
  • 2011-01-13 09:16:35
    TMK announced fourth quarter and full-year 2010 production results and trading update
    TMK, one of the world’s leading oil and gas steel pipe producers, announced its production results for the period ending December 31, 2010. During 2010, TMK shipped a total of 3,969 thousand tonnes of pipes to customers, a 42.2% increase on the amount shipped in 2009. The ...
  • 2011-01-12 13:04:34
    Russian ferrous industry 2010 outlook
    January A. Fedorov, co-owner of ChTPZ Group headed the tubular division of the company. After that Sberbank opened the Group lines of credit for 10bn rubles. Severstal was granted a permission to build a mini-plant in the Saratov region. MMK shut down all Belon representative offices ...
  • 2011-01-12 09:40:00
    Russian non-ferrous industry 2010 outlook
    January The highlight of January was placing of Rusal IPO on Hong Kong and Paris exchanges. As a result Rusal gained more than $2bn. The first stage of modernization of the dressing mine of Kolskaya Mining and Metallurgical Company was completed. Katur-Invest (part of UMMC) produced 2 ...
  • 2011-01-12 03:15:28
    Mechel announces payment of dvidends based on 2009 fiscal year results
    Mechel announces a dividend payment (including taxes) of RUR 910,223,721.05 (approximately US$29.9 million as of December 31, 2010), based on the Company’s results for the 2009 fiscal year. Mechel has allocated a total of RUR 910,245,362.40 (approximately US$29.9 million *) ...
  • 2011-01-11 10:26:37
    Severstal acquires 100% of Crew Gold Corpotation
    Nord Gold N.V. (“Nord Gold”), a subsidiary of OAO Severstal (“Severstal”), announced today that it had acquired through a subsidiary all common shares (“Common Shares”) of Crew Gold Corporation (“Crew Gold”) that it did not already own at a ...
  • 2011-01-11 10:24:02
    Mechel announces management changes in Mechel Energo
    Mechel OAO, one of the leading Russian mining and metals companies, announces the appointment of Sergey Zorin as acting general director of Mechel Energo OOO. Victor Gvozdev is relieved from the post of Mechel Energo OOO’s general director due to a malfunction in the Southern ...
  • 2011-01-11 01:54:35
    Rusal and Ministry of Energy agree upon terms and conditions operation on the wholesale electricity market
    UC Rusal and the Ministry of Energy of the Russian Federation announce that the terms and conditions governing the purchase by the company’s smelters of energy on the wholesale market due to capacity location contracts entering into effect in Russia have been agreed. Rusal, through ...
  • 2010-12-28 23:16:18
    Norilsk Nickel plans to produce up to 235kt of nickel and 358kt of copper in 2011
    MMC Norilsk Nickel informs about preliminary results of the Board of Directors. The Board of Directors has approved key parameters of the Company’s budget for 2011. The budget covers all Russian operations of the Company and it does not include its international assets. ...
  • 2010-12-28 13:56:12
    Olcon obtained license for geological study of new reserve deposit
    Olenegorsk Iron Ore Complex (Olcon, a business unit within Severstal’s mining division) obtained a license for the right to use subsoils for geological studies at the Svintsovye Tundry (Lead Tundry) area, in the Murmansk Region in north-west Russia. The deposit spans 36.6 ...
  • 2010-12-27 17:45:36
    Mechel to open two representative offices
    Mechel announced the Board of Directors’ decision to open its official representative offices in the Southern Federal District and the Amur Region. The decision to open Mechel’s representative offices in the Southern Federal District’s city of Rostov-on-Don and the Amur ...
  • 2010-12-27 17:43:17
    Norilsk Nickel discusses purchase its 25% stake from Rusal
    MMC Norilsk Nickel (the Company) updates its investors, shareholders and all interested parties on latest developments regarding the offer to purchase 25% stake in the Company made by MMC Norilsk Nickel to UC Rusal on December 16, 2010. MMC Norilsk Nickel confirms its interest in this ...
  • 2010-12-24 11:36:05
    Rusal’s RDRs start trading on MICEX and RTS
    UC Rusal announced that the Company’s Russian Depository Receipts (RDRs) have started trading on MICEX (RUALR) and RTS (RUAL) stock exchanges today. Rusal has become the first company to launch a Russian Depository Receipts programme. The programme is aimed at improving the ...
  • 2010-12-24 10:01:00
    Evraz creates a joint venture consisting of EvrazMetall and INPROM Distribution Networks
    Evraz Group announces the closing of a deal to acquire 100% of the shares of Cassar World Investments Corp., which controls 99.9% of OAO INPROM, a leading metal service company in Russia. As a result, a joint venture consisting of the assets of EvrazMetall and INPROM has been created. Evraz ...
  • 2010-12-24 09:56:00
    Lebedinsky GOK passed environmental audit
    Environmental management system of Lebedinsky Mining and Processing Plant (Lebedinsky GOK, a subsidiary of METALLOINVEST Holding) has successfully passed a regular inspection audit to comply with the requirements of the international standard GOST R ISO 14001:2007. The audit has been ...
  • 2010-12-23 10:01:00
    Result of Severstal Extraordinary General Meeting
    Severstal, one of the world’s leading vertically integrated steel and mining companies, announces the results of voting on the resolutions proposed at the EGM held on 20 December 2010. The following resolutions were put to Severstal's shareholders at the EGM, and the results of ...
  • 2010-12-23 10:01:00
    MMK galvanized products meet Ford standards
    Magnitogorsk Iron and Steel Works (MMK) ensured conformity of its galvanized rolled products with requirements of Ford Motor Company Those requirements apply to car-making products shipped to Ford’s automotive plants worldwide. Corresponding standards are set forth with regard to ...
  • 2010-12-22 10:28:21
    MMK Mill 5000 produced 1M tons of hot rolled products since beginning of 2010
    Mill 5000, a unique hot rolling unit produced one million tons of hot rolled plates since the beginning of 2010. From January to November 2010, the mill manufactured 1.048 mln tons of hot rolled products including 117,900 tons of November output. Nikolay Lyadov, Sales Director of MMK, ...
  • 2010-12-22 02:22:07
    Rusal announced finalizing terms of US$300 million trade finance 
    UC Rusal announced that it has agreed the main terms and conditions of the trade finance line in the amount of up to US$300 million with a club of international banks. BNP Paribas, ING, Natixis, Credit Agricole, Societe Generale and UniCredit will act as the co-mandated lead arrangers for ...
  • 2010-12-22 00:27:20
    En+ Group and South Korean investors to develop Chinea Deposit
    En+ Group and a consortium of South Korean investors with participation of state-owned enterprise Korea Resources Corporation (Kores) have agreed to set up a Joint Venture (JV) in order to develop the Chinea polymetal deposit in the Zabaikalsky region in accordance with the term sheet signed ...