Metallurgy news

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  • 2017-01-20 11:00:58
    ChelPipe successfully refinanced syndicated loans
    Chelyabinsk Pipe Plant (ChelPipe) has announced early extinguishment of the syndicated loans totaling 80 billion rubles obtained in 2012. The loans were refinanced with funds obtained under credit arrangements signed with VTB Bank, Gazprombank and Sberbank in December 2016. The ...
  • 2017-01-19 10:30:00
    EVRAZ grew output of coking coal concentrate
    EVRAZ has announced its operational results for the full year of 2016. In 2016, consolidated crude steel production and steel product output, net of re-rolled volumes, decreased by 5.7% and 6.1% respectively. This was mainly due to weak tubular and rail markets in North ...
  • 2017-01-18 12:00:12
    В Хабаровском крае растет добыча олова
    В Министерстве природных ресурсов Хабаровского края подвели итоги работы горнорудного комплекса в 2016 г. По данным ведомства, с января по декабрь предприятия добыли более 19,5 т золота, что на 6,4% превысило плановые показатели и на 3,4% – уровень 2015 г. «Основной ...
  • 2017-01-18 11:00:31
    KrAZ to produce large diameter ingots
    The Krasnoyarsk Aluminium Smelter (KrAZ, part of Rusal) is to implement the construction of a new foundry complex for the production of cylinder ingots of 230 mm to 457 mm diameter. The capacity of the new production complex will comprise 120,000 tonnes per year. As of today, ...
  • 2017-01-13 12:00:15
    TMK plans to increase shipments in 2017
    In 2016, TMK shipped a total of 3,440k tonnes of tubular products, down 11.2% y-o-y. The decline was mainly due to lower welded pipe sales. Seamless pipe shipments remained almost flat y-o-y at 2,399k tonnes. Welded pipe shipments were 1,042k tonnes, down 28.7% y-o-y, ...
  • 2017-01-11 12:00:35
    NLMK Europe Plate Division management is changed
    NLMK Group has announced the appointment of Cornelius Louwrens as the CEO of NLMK Belgium Holdings1 plate business. It includes two of NLMK Group’s European sites: NLMK Clabecq (Belgium) and NLMK Verona (Italy), and together with NLMK DanSteel (Denmark), comprises the NLMK Europe Plate ...
  • 2017-01-11 10:00:56
    Реконструкция «Лужников» завершится в марте
    Уже в марте этого года стадион «Лужники» будет готов к сдаче после реконструкции, сообщил заместитель мэра Москвы по вопросам градостроительной политики и строительства Марат Хуснуллин. «Основные строительные работы в «Лужниках» уже завершены, ...
  • 2017-01-09 06:00:06
    ChelPipe signed credit lines with 3 banks
    Chelyabinsk Pipe Plant (ChelPipe) announceв lines of credit signed with Sberbank, VTB Bank and Gazprombank amounting up to 80 billion rubles. The maturity of the loans is up to 7 years. The funds will be spent on refinancing the current debt under the syndicated loan obtained from ...
  • 2017-01-04 06:00:46
    New beryllium project are planned in Russia
    Expert Council of the Industry’s Development Fund approved 12 preferential loans amounting up to 2.93 bullion rubles (approximately $48.305 million). According to one of them, company Rare Metals of the Siberia plans to organize a plant to process beryllium ores into pure ...
  • 2016-12-29 10:04:57
    Metalloinvest extended cooperation with Globaltrans
    Metalloinvest and Globaltrans today announced that the companies have extended the long-term service for a further three-year period. The key terms of the contract remain unchanged - Globaltrans will continue servicing 100% of Metalloinvest’s freight rail transportation needs. ...
  • 2016-12-28 17:30:07
    Nord Gold enters into agreement with ING
    Nord Gold has announced that it has entered into a 3-year facility agreement with ING Bank N.V. in the amount of US$150 million. Nord Gold intends to use the proceeds for general corporate purposes, including financing capital expenditure and/or the refinancing of its existing ...
  • 2016-12-26 15:11:35
    NLMK Group to build new reheating furnace at NLMK Pennsylvania
    NLMK Group has signed an agreement for the purchase of the core process equipment for the construction of a new walking-beam reheating furnace to streamline the slab heating process at NLMK Pennsylvania (Farrell, PA, USA). The new furnace will replace 3 outdated pusher-type furnaces ...
  • 2016-12-21 06:00:30
    Renaud Moretti appointed CEO of NLMK Europe Strip
    NLMK Group announced the appointment of Renaud Moretti as CEO of NLMK Europe Strip, the division which includes NLMK La Louviere, NLMK Strasbourg and the service centre NLMK Manage. The division was previously managed by Ben de Vos, who is now holding the position of CEO of ...
  • 2016-12-20 14:14:29
    Metalloinvest is to modernize Ural Steel
    Metalloinvest has signed a contract with SMS Concast AG (Switzerland) for the modernisation of the four-strand continuous casting machine at Ural Steel (CCM #1). As part of its modernisation, CCM #1 will be adapted to produce 455mm billets for railway wheels and square billets ...
  • 2016-11-22 12:07:32
    Rusal completed the sale of Alpart alumina refinery in Jamaica
    Rusal has announced that it has completed the sale of a 100% stake in Alumina Partners of Jamaica (Alpart) to Jiuquan Iron & Steel Group (Jisco) for a $299 mln cash consideration. The transaction was successfully completed following the fulfilment of all required conditions ...
  • 2016-11-11 17:10:54
    Mechel has attended Metal-Expo
    Mechel Group reports its participation in the 22nd International Industrial Exhibition Metal-Expo, which was held at the All-Russia Exhibition Center in Moscow on November 8-11, 2016. Within the expo’s framework, representatives of the Mechel Group’s steel division ...
  • 2016-11-07 14:05:54
    TMK signs contract with Petroleum Development Oman
    The Sultanate’s leading pipe manufacturer, TMK Gulf International Pipe Industry (TMK GIPI), part of global pipe manufacturer TMK, has signed a four-year 200 million USD contract with Petroleum Development Oman (PDO) to produce and supply a variety of pipelines sized 6”-24” ...
  • 2016-11-02 15:00:38
    KUMW continues to build new rolling complex
    Kamensk-Uralsk Metallurgical Works (KUMW) builds the second stage of tne new rolling complex with capacity of 160,000 tonnes of aluminium plates, shtrips and sheets pert year. In May, 2015 KUMW launched the first stage, which consist cold rolling mill, coil annealing chamber ...
  • 2016-11-02 13:00:11
    NLMK Group centralizes control over European projects
    NLMK Group is opening NLMK Europe’s Project Office, a new division for integrated planning and implementation of investment programmes at the Group’s European facilities. Konstantin Lagutin, NLMK Group’s VP for Investment Projects, said:“The new project ...
  • 2016-10-31 06:00:09
    Rusal announces an organizational change within sales
    Rusal has announces an organizational change within Rusal Marketing creating a new position of Export Sales Director. Effective 01 November 2016, Bob Katsiouleris is appointed as Export Sales Director reporting to Steve Hodgson, Rusal’s Sales & Marketing Director. ...
  • 2016-10-28 10:00:31
    SAZ launches the first RA-550 cell
    Rusal announced the launch of the first RA-550 pot of new generation running at over 550 kA at the Sayanogorsk aluminium smelter (SAZ) as part of a $28 mln project. The key benefit of the new pots is their energy efficiency. A RA-550 cell consumes around 12 kW*h/kg of ...
  • 2016-10-26 17:30:03
    Rusal files a request for arbitration against Ukraine
    Rusal announced that on 25 October 2016 two of its subsidiaries, Emergofin and Velbay Holdings filed a request for arbitration against Ukraine pursuant to Article 36 of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States and Article 9 of the ...
  • 2016-10-17 12:08:33
    NLMK Group expands use of recoverables in midstream operations
    NLMK Group has completed hot-testing of its new crushing and screening unit for the processing of steelmaking slag at its Lipetsk production site. The project will double the amount of scrap, or ‘metal inclusions‘, extracted from waste and returned to the production ...
  • 2016-10-14 16:45:17
    TMK reduced steel pipes sales
    In the nine months of 2016, TMK’s plants shipped 2,558 thousand tonnes of tubular products, down 12.8% y-o-y. This decline was mainly due to lower welded pipe sales. Seamless pipe shipments were down 1.9% to 1,765 thousand tonnes, primarily due to lower shipments of ...
  • 2016-10-12 06:00:28
    TMK ships pipe to build 2018 World Cup stadiums
    TMK has shipped a batch of seamless pipe for the construction of Mordovia Arena stadium in Saransk, which will host the 2018 FIFA World Cup matches. The contractor for the new stadium will receive 210 tonnes of 219 mm and 426 mm S440 grade steel seamless pipe. This is not the ...
  • 2016-10-10 12:15:03
    EVRAZ received new TSI certificate for its rails
    EVRAZ ZSMK has obtained a TSI certificate on its 49 E1 rail produced to the European standard. The mill offers these rails both non-treated and head-hardened in lengths up to 100 meters. The certificate issued by the German TUV Rheinland InterTraffic allows to supply the 49 E1 rail to ...
  • 2016-10-10 06:00:30
    Norilsk Nickel signed $500 million RCF
    Norilsk Nickel (further the company) has announced the signing of a 5-year $500 million committed revolving back-stop credit facility (RCF) with a syndicate of international banks. Commerzbank, HSBC Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation and UniCredit Bank are ...
  • 2016-10-05 17:39:50
    Gazprom and ChelPipe sign a roadmap for launching new generation pipe production
    Alexey Miller, Chairman of the Board of Directors, Gazprom, and Andrey Komarov, a shareholder and member of the Board of Directors of ChelPipe, signed a roadmap for launching the production of new generation pipes. Under the roadmap, ChelPipe will develop for Gazprom a laser ...
  • 2016-10-04 12:02:29
    NLMK Group and KamAZ expand cooperation
    NLMK Group, and KamAZ, Russia’s leading heavy-duty truck manufacturer, have held their first Coordinating Council. At a meeting held in Naberezhnye Chelny, the two companies discussed steel deliveries, as well as the possibility of manufacturing new machinery for NLMK, including with ...
  • 2016-10-04 11:00:57
    Metalloinvest and Aktobe Rail and Section Works sign long-term contract
    Metalloinvest and Aktobe Rail and Section Works in Kazakhstan have signed a long-term contract for the supply of rail and shaped billets. Under the terms of the agreement, the shipments will amount more than 600,000 tonnes in total. The rail and shaped billets will be supplied ...
  • 2016-10-03 11:56:36
    NLMK bolsters efficiency of blast furnace operations
    NLMK Group has put Blast Furnace N6 (BF-6) back into operation after a scheduled overhaul at the Group’s main production site in Lipetsk. The overhaul enables uninterrupted operation of the blast furnace and excellent product quality for the long term. It also increases ...
  • 2016-10-03 06:00:43
    Norilsk Nickel received new credit
    Norilsk Nickel announced the signing of a 13-year 37,8 million euro credit facility agreement with Commerzbank under Euler Hermes cover. Sergey Malyshev, the Company’s Senior Vice-president and Chief Financial Officer commented: “Considering our large-scale ...
  • 2016-09-29 14:15:04
    Kamastal received certificates of Lloyd’s Register
    Kamastal (a subsudiary of Motovilikha Plants) has been tested for compliance with the requirements of Lloyd's Register and included in its catalog. Kamastal received Lloyd's Register certificates for steelmaking and semi-finished products (ingots and blooms) manufacturing as ...
  • 2016-09-28 06:00:19
    Severstal and Rutgers Group lainched joint venture
    Severstal and Rutgers Group (Belgium) announced a new joint venture: Rutgers Severtar. The Rutgers Severtar facility will be built in place of the old coal-tar processing unit at Cherepovets Steel Mill’s coke production plant. Rutgers Group will own 65.3% of the facility, ...
  • 2016-09-27 11:50:22
    ChelPipe shipped the first 3,300 tons of pipes for Nord Stream 2
    The ChelPipe Group has shipped the first 3,300 tons of large diameter pipes (LDP) for the construction of the Nord Stream 2 Pipeline. The official shipment ceremony was held in Chelyabinsk in the presence of ChelPipe Group shareholders Andrey Komarov and Alexandr Fyodorov, ...
  • 2016-09-26 06:00:20
    NLMK Group opens sales office in Peru
    NLMK Group has announced the opening of its new sales office in Lima, Peru. The new sales office and warehouse will not only bolster NLMK Group’s position in the promising Peruvian market but also provide convenient supply routes to the entire South American Pacific coast. ...
  • 2016-09-14 17:05:00
    World’s largest banks visit Novolipetsk
    Representatives of 16 banks – world’s leading lenders and NLMK’s major partners – visited Novolipetsk, NLMK Group’s main production facility in Lipetsk. Representatives of leading financial institutions met with the management of NLMK Group and ...
  • 2016-09-12 06:00:48
    Eurasia Mining shipped fist batch of concentrate from West Kytlim
    Eurasia Mining has shipped the first batch of concentrate from West Kytlim deposit to the Ekaterinburg Non-ferrous Metals Processing Plant (EZOCM). Eurasia Mining had previously agreed terms with EZOCM and has commenced shipment of raw platinum concentrate from its mine in ...
  • 2016-09-09 06:00:11
    Dagong affirms Metalloinvest’s rating
    Metalloinvest announced that Dagong Global Credit Rating (Dagong), a Chinese credit rating agency, has affirmed the Company’s ‘BBB+’ long-term issuer credit rating in domestic and foreign currencies with a Stable outlook. According to the national scale of China, this is ...
  • 2016-09-08 15:41:45
    Arconic SMZ and VSMPO-Avisma launched joint venture
    Arconic SMZ, Russia’s largest producer of fabricated aluminum, and VSMPO-Avisma Corporation, the world′s largest manufacturer of titanium ingots and forged products, today announce the operational launch of its joint venture – named AlTi Forge - after receiving all ...
  • 2016-09-08 06:00:33
    Highland Gold signed two agreements for state support of Kekura
    Highland Gold has signed two agreements with state agencies on financing and infrastructure to aid in the development of Kekura, which is located the Far Eastern province of Chukotka. In the first agreement, the Far East Development Fund (FEDF) committed to providing Highland ...
  • 2016-09-08 06:00:28
    Премии на алюминий в Японии могут упасть до семилетнего минимума
    Японские потребители стремятся обеспечить приемлемые для них объемы закупок алюминия с помощью годовых контрактов вместо спотовых, причем по как можно меньшим ценам. «Довольно много алюминия накопилось на складах, поэтому мы можем заключать более выгодные сделки, если будем ...
  • 2016-09-08 06:00:04
    EVRAZ rails certified with Deutsche Bahn
    EVRAZ ZSMK has successfully completed the qualification tests of its rails with Deutsche Bahn and received the HPQ certificate from the German operator. The document allows EVRAZ, after the completion of the ongoing track tests, to bid in Deutsche Bahn's tenders starting from 2017. ...
  • 2016-09-07 11:40:08
    TMK ships a large batch of premiumproducts to the Yamal LNG
    TMK has shipped a batch of premium tubular products to Yamal LNG, finalizing the delivery of shipments, contracted for 2016. TMK has been a supplier of premium tubular products for Yamal LNG (develops the South-Tambeyskoye field in the North-East of the Yamal Peninsula) since ...
  • 2016-09-07 06:00:08
    Amur Minerals will cooperate with IG Copper
    Amur Minerals, a far east Russian sulphide nickel copper explorer, is pleased to announce the signing of a non-binding Letter of Intent with IG Copper to investigate potential synergies in processing the companies’ respective sulphide concentrates. Amur Minerals plans to ...
  • 2016-09-06 14:00:55
    NLMK Group supports fair competition
    NLMK Group welcomes the determination of the United States International Trade Commission (USITC) against an issuance of antidumping duty orders on imports of cold-rolled flat steel products from Russia. USITC has decided not to issue duty orders on Russian cold-rolled flat ...
  • 2016-09-06 12:00:40
    Novokuznetsk Aluminum Plant started the production of new food alloys
    Novokuznetsk Aluminum Plant (a subsidiary of of Rusal) started the production of several new alloys demanded by the domestic food industry. Customer special alloys is a Russian manufacturer, producing products for tourism and recreation: barbecue, smokehouse, skewers, campfire ...
  • 2016-09-06 11:48:30
    В Улан-Удэ построят уникальный ледовый дворец
    В столице Бурятии возведут уникальный объект - ледовую арену, совмещенную с океанариумом. Предварительная стоимость проекта составит 1,4 млрд руб, сообщают местные СМИ. Проект «Селенга» предполагает возведение ледовой арены, сопряжённую с океанариумом, в котором ...
  • 2016-09-06 11:30:06
    Chelyabinsk Metallurgical Works plans to sale girder products to European Union
    Chelyabinsk Metallurgical Works (a subsidiary of Mechel Group) has certified its girder products according to European quality standards and can now deliver it to the European Union. The products has been tested by an independent laboratory in Germany. Experts also conducted surveillance ...
  • 2016-09-06 06:00:51
    Stans Energy can help to restart lithium ores mine in Russia
    Stans Energy announced that it has entered into a Memorandum of Understanding (the MOU) for an option to acquire 100% of Pervomayskiy GOK, the owner of a Lithium Mineralization Stockpile), the Zabaikalsky Mill and supporting infrastructure. Under the terms of the MOU, Stans Energy ...
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