Metallurgy news

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  • 2010-10-22 10:25:55
    EZTM JSC has confirmed its compliance with international standard ISO 9001:2008
    In October 5-7, 2010 the audit of the quality management system of EZTM JSC was carried out by the specialists of British Standards Institution (BSI). The audit results confirmed that EZTM JSC management system was maintaining its integrity throughout all the certification cycle (2008-2010) ...
  • 2010-10-22 10:23:05
    Preliminary results of the EGM of MMC Norilsk Nickel
    Extraordinary General Meeting of Shareholders (“EGM”) of OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or “the Company”) took place in Moscow today. The agenda of the shareholder meeting as approved by the Board of Directors on August 11, 2010, ...
  • 2010-10-22 10:17:43
    Evraz Wins Licence to Develop Eastern Coking Coal Field in Russia
    Evraz Group S.A. announced that it has won the tender to develop the Eastern field of the Western part of the Ulug-Khemsky coking coal deposit in the central part of the Republic of Tyva, East Siberia. The tender was held by the Russian State Mineral Resources Agency. The licence will cost ...
  • 2010-10-21 13:39:27
    Copper semi-products output increased in September
    Russian non-ferrous metallurgy has increased copper semi-products output in September, 2010, in comparison with August. For example, copper profiles and rods production has grown by 8.1%, sheets, plates, strip - by 3.2%. But copper foil output has fallen by 12.7%, copper wire - 4.1%. In ...
  • 2010-10-21 10:00:00
    MMK-Atakas commissioned cold-rolling facility
    MMK (Magnitogorsk Iron & Steel Works, OJSC), and Atakas Group commissioned cold-rolling facility today as part of MMK-Atakas steel project being developed in the vicinity of Iskenderun MMK-Atakas’ $250M-worth cold-rolling facility is equipped with a 1.2 mtpy continuous pickling ...
  • 2010-10-20 10:32:26
    Metalloinvest will continue to develop without state guarantees
    Metalloinvest, owing to its stable financial performance, has almost fully redeemed the loans provided by the Bank VTB and partially guaranteed by state. The value of the state guarantees was 30.75 bn rubles. VTB decided to return the state guarantees provided to Metalloinvest by the Ministry ...
  • 2010-10-20 10:26:22
    VSW to Implement a Project to Improve its Safety Management System in Accordance with DuPont Standards
    Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), launches a project to improve its safety management system in partnership with DuPont, the world's leader in this sphere. The DuPont project will be implemented in four phases by late 2013. Phase ...
  • 2010-10-19 10:28:10
    NLMK appoints acting Senior Vice President
    Mr. Igor Anisimov, NLMK's Vice President for Technical Upgrade and Development, has been appointed Acting Senior Vice President – Director General of Novolipetsk Steel (Lipetsk production site). NLMK’s previous Vice President – Director General, Mr. Vladimir Nastich, ...
  • 2010-10-19 10:23:22
    Severstal priced a US$1bn 7 lnternational Eurobond
    Severstal priced a US$1bn 7−year international Eurobond benchmark offering following the conclusion of an investor roadshow in Asia, Europe and the US. The transaction attracted an orderbook in excess of $5bn from over 400 investors. The Eurobonds will be issued under Severstal's newly ...
  • 2010-10-18 11:03:48
    Central laboratory of Tulachermet confirms accreditation under international standards
    The central laboratory of chemical-engineering and technical control at Tulachermet JSC has confirmed its accreditation under international standards. During an inspection by a representative of the International Laboratory Accreditation Committee (ILAC) and an expert from the ...
  • 2010-10-18 10:57:28
    Rusal offers its assistance to MAL
    UC Rusal, the world’s largest aluminium producer, offers its expert support to help tackle the crisis development at the Magyar Aluminium (MAL) facility near the Hungarian town of Ajka. Rusal supports the recent statement by the Secretary General of the International Aluminium ...
  • 2010-10-15 10:59:23
    Metal-Expo website becomes popular among steel industry professionals
    Less than a month is left till the beginning of Metal-Expo’2010, 16th International Industrial Exhibition which will be held in hall 75, the All-Russia Exhibition Center, Moscow. Potential participants of the event actively visit Metal-Expo website to look through the recently ...
  • 2010-10-15 00:05:23
    New foundry plant started in Russia
    The first in Russia foundry plant owned by Franko-Style (Moscow) specializing in production of door accessories from non-ferrous metals started in Kurgan. More than 300 mln roubles (USD 10 mln) have been invested in the project to create 200 workplaces. The plant's first stage has already ...
  • 2010-10-14 15:23:14
    Boguchansk Aluminium Smelter to produce first batch in 2013
    Boguchansk Aluminium Smelter will start aluminium production in 2013. According to the investments plan, the first metalurgical complex will begin operations in 2013 to produce 70 thousand beforel the end of year. The next year plant will produce 150 thousand tons and may reach the design ...
  • 2010-10-14 00:33:46
    Metallurgical Commercial Bank issued a loan to Revyakino Metal-Rolling Plant
    Metallurgical Commercial Bank (Metcombank) opened non-revolving credit line to Revyakino Metal-Rolling Plant, which is one of the regional steel market leaders in Russia. Credit limit is RUR 150 mln (about $5 mln) and will be used for financing of turnover means. Revyakino ...
  • 2010-10-13 16:57:21
    Mechel reports receiving a loan from Sberbank
    Mechel, one of the leading Russian mining and steel companies, reports that Sberbank has opened a credit line for Chelyabinsk Metallurgical Plant (CMP). Sberbank has opened a credit line totaling 15 billion rubles for Mechel’s subsidiary CMP. The credit facilities provided will have ...
  • 2010-10-13 13:19:10
    Norilsk Nickel will increase nickel and copper output
    According to Vladimir Strzhalkovsky, Director Generale of MMC Norilsk Nickel's presentation at VTB Capital Investment Forum: Russia calling!, the company plans to produce 246 thousand tons of refiner nickel in 2011. In the future the company plans to keep it at the level of no less than ...
  • 2010-10-13 11:01:25
    EZTM received delegation of NFC company from India
    From September,27 to October,1 EZTM JSC was receiving a delegation of the “Nuclear Fuel Complex” firm (NFC) from India. NFC representatives held an inspection of availability of a new equipment for pilger mill CRTM 55 revamping. Specialists of the Indian company reviewed the ...
  • 2010-10-12 00:25:54
    Kirov Nonferrous Metals Processing Plant expands production range
    Kirov Nonferrous Metals Processing Plant has increased output during the first eight months 2010 as compared to the corresponding period of last year on the average by 53%, including rolled products – by 38% and extrusion products– by 75%. Along with growth in output the range ...
  • 2010-10-12 00:23:57
    Norilsk Nickel intends to dip into ferrous metallurgy
    MMC Norilsk Nickel and RMD Company (Germany) consider a possibility of building a modern cast-rolling complex in Norilsk. It will produce grinding spheres intended for crushing of ores. Metal scrap will be used as raw materials for their production. The complex will be equipped with ...
  • 2010-10-11 10:16:18
    NLMK Director General retires
    Vladimir Nastich, NLMK’s Senior Vice-President – General Director has announced that he is to retire on October 11th, 2010. The Board of NLMK would like to express its appreciation for Mr Nastich’s many years of hard work for the benefit of the Company, his valuable ...
  • 2010-10-11 00:24:57
    China Development Bank possibly to co-finance Ozerny Mining and Processing Plant Construction
    30 September 2010 marked the end of the business visit by Ilya Okhtyrsky, General Director of the MBC Corporation, to China. The agenda of the visit included a meeting with the management of the Metallurgical Corporation of China and negotiations with China Development Bank. The visit ...
  • 2010-10-08 10:32:42
    Metal-Expo’2010 Exhibitor List has been Pasted on Website
    A complete Metal-Expo’2010 exhibitor list has just been pasted on the Metal-Expo website . For the 16th time the exhibition will become the basic platform for the leading world producers to show their know-how. On November 9-12, The All-Russia Exhibition Center will provide visitors ...
  • 2010-10-08 00:55:49
    Norilsk Nickel want to buy copper concentrate in state reserve
    Norilsk Nickel plans to buy copper concentrate from the a state reserve during the next 5-6 years with its further processing to produce 50 thousand tons of copper per year, Vladimir Strzhalkovsky, Director General, Norilsk Nickel told at an investment forum «Russia Calls!», ...
  • 2010-10-08 00:19:44
    Rusal appointed Director of the European Sales
    UC Rusal announced the appointment of Ulrich Schridde as the Director of the European Sales.  Ulrich Schridde, who previously was Director for Metal Management in Europe at Novelis AG, will be responsible for leading and developing Rusal’s European sales portfolio. He will ...
  • 2010-10-07 11:23:07
    Izhorskiye Zavody launch production of equipment for second stage of Tianwan nuclear power plant
    Izhorskiye Zavody, a part of OMZ Group, has casted the first slab for the reactor equipment intended for the second stage of Tianwan nuclear power plant. It marked the production launch of long-cycle equipment, to be used in the third and fourth generation units of the Chinese nuclear power ...
  • 2010-10-07 00:20:18
    Segal to modernize production
    Capacities loading of Segal works (Krasnoyarsk) has reached a maximum level in connection with improvement in the architectural profiles market, Leonid Kiselyov, the operating director of the enterprise said. «The architectural profiles market recovered last summer as compared to ...
  • 2010-10-06 10:22:06
    Mechel reports 2010 H1 financial results
    — Revenue amounted to $4.3 billion — Consolidated EBITDA amounted to $781 million — Net income attributable to shareholders of Mechel OAO amounted to $121 million Moscow, Russia – October 5, 2010 – Mechel OAO (NYSE: MTL), a leading Russian mining and ...
  • 2010-10-06 02:47:12
    VSMPO-Avisma has good prospects for development
    Titanium demand will grow at the expense of new airplanes manufacture, such as В787, А380 and А350. Therefore the titinium semi-products market which basic consumer is the aerospace industry is very perspective. The titanium prices can grow to $65-70 thousand per 1 ton, positively having ...
  • 2010-10-06 02:44:30
    Granulated pig-iron will be made in Murmansk area
    The Government of Murmansk area and Kovdorsky Mining-and-Processing Integrated Works have signed the agreement on the strategic partnership, providing realization of several investment projects by total value over 100 bullion rubles. In particular, Kovdorsky Mining-and-Processing ...
  • 2010-10-05 12:56:58
    Rusal completed refinancing of VEB loan
    UC Rusal announced that it has completed the refinancing of its Vnesheconombank (VEB) loan with a new USD 4.58 billion credit facility from Sberbank. The new facility was drawn down on 30 September and the VEB loan has been repaid in full. The credit facility provided by Sberbank covers ...
  • 2010-10-05 12:31:43
    Avisma hadn’t sold magnesium per dumping prices in USA
    U.S. Department of Commerce determined that Avisma hadn’t sold magnesium per dumping prices has published the final results of antidumping review for import of magnesium from Russia. This review was related to import to the United States in the period from April 1, 2008 to March 31, ...
  • 2010-10-05 10:31:06
    VSW confirms compliance of its wheel production to AAR requirements
    American Association of Railroads (AAR) auditor Martin Clark has confirmed that railroad wheels manufactured by Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), comply with the requirements of the AAR M-07/M-208 specification. This is one of the ...
  • 2010-10-05 10:28:20
    Izhorskiye Zavody complete contract for delivery of petrochemical reactor equipment for Naftan
    Izhorskiye Zavody, a part of OMZ Group, has completed its contract obligations before OAO Naftan (Novopolotsk, Belarus Republic), producing and shipping 6 petrochemical reactors. The contract was signed in 2008, following an international tender. According to the contract, ...
  • 2010-10-04 11:35:49
    Zlatoust Metallurgical Worksplans to increase output 2.5 times
    Reportedly , Zlatoust Metallurgical Works plants to increase output to 1M tons a year. A. Rybkin, engineer of the Works said in his interview that the works produced 430k tons of rolled products then. The works plans to hold a general modernization of its facilities and buy new equipment from ...
  • 2010-10-04 01:10:22
    Copper and tungsten concentrates output increased in August
    Russian mining industry has increased concentrates production in August, 2010, in comparison with July. For example, copper concentrates output has grown by 1.6%, tungsten concentrates - by 3.1%. But zinc concentrates output has fallen by 7.1%. For eight months of current year in Russia ...
  • 2010-10-01 12:09:07
    KhAS produced first million tons of aluminum
    Khakas aluminum smelter (KhAS, the asset of UC Rusal) produced the first million tons of aluminum yesterday. The manufacture benchmark has been exceeded in less than for 4 years since the enterprise start-up date. Khakas aluminum smelter plays a special role for UC Rusal: it has become the ...
  • 2010-10-01 10:25:12
    NLMK Extraordinary General Meeting (EGM) – Results
    Novolipetsk Steel (LSE: NLMK), the LSE-listed leading Russian steel producer, today announces the results of voting on the resolution proposed at the Extraordinary General Meeting held on 30 September 2010. The following resolution was put to NLMK’s shareholders on a poll at the ...
  • 2010-10-01 10:22:26
    Magnitogorsk Iron & Steel Works successfully passed recertification audit of environmental management system
    Auditing team of TUV NORD CERT GmbH - the international certifying body – conducted recertification audit of the environmental management system at Magnitogorsk Iron & Steel Works (MMK) yesterday. The auditors stated that MMK environmental management system meets the requirements of ...
  • 2010-09-30 11:17:44
    Fifth patent for OAO Koks
    An improved device for capturing dust exhaust during coke pushing has been patented. This is the second patent obtained for the dust-free coke pushing device. The invention essentially involves an improvement in the construction of a dust-free coke pushing device for which one patent has ...
  • 2010-09-30 00:19:40
    Demand for aluminum grows in Russia
    The Russian companies increase number of orders for primary aluminium in UC Rusal, sales durector UC Rusal Sergey Belsky has told on the recent videoconference for regional mass-media. «Consumers of primary aluminum in Russia show recovery. For example, loading of cable сapacities ...
  • 2010-09-29 10:35:06
    Evraz statement regarding sale of Stratcor Inc.
    Evraz Group S.A. (LSE: EVR) (“Evraz” or the “Company”) notes the recent press publications regarding the possible sale by the Company of Stratcor Inc. (“Stratcor”), part of Strategic Minerals Corporation. The Company announces that, following a ...
  • 2010-09-29 10:30:46
    OMZ Group and Ukrainian company GK NAEK Energoatom sign a memorandum on cooperation
    I.P. Sorochan, OMZ Group general director, and Yu.A. Nedashkovsky, president of GP NAEK Energoatom, have signed a memorandum on cooperation in Kiev, Ukraine. The document covers facilitation of Russian-Ukrainian cooperation in manufacturing of high-tech power engineering equipment. ...
  • 2010-09-29 06:54:39
    Zinc manufacture has appeared more than lead
    Russian zinc output in August, 2010 has grown by 2.8% in comprasion with July, 2010 and by 17.6% by August, 2009. Lead manufacture in comprasion July, 2010 of current year has increased only by 0.9%, and by August, 2009 - was reduced - by 7.6%. For eight months of current year zinc ...
  • 2010-09-28 10:24:42
    In 2010 UMMC is going to invest 350 million rubles in underground development of Safyanovsky mine
    By the end of 2010 UMMC is going to invest about 350 million rubles in organization of underground development of Safyanovsky mine. At the moment the deposit is being developed by the affiliate of Uralelectromed - Safyanovskaya Med (metallurgical enterprise of UMMC). ‘In April of ...
  • 2010-09-28 10:20:54
    NLMK upgrades its transformer steel facilities
    Production has commenced at a new facility producing electric insulation coating for transformer steel at NLMK's main site in Lipetsk. The launch of the 60,000 tpa line is a further step in designing a process chain for manufacturing a new steel product type in Russia in 2011 – ...
  • 2010-09-28 00:13:05
    Rusal to expand aluminium sales in Asia
    UC Rusal announced that it has signed the Letter of Intent with China North Industries Corporation (Norinco). The document emphasises the intent of Rusal to acquire a stake in a sales and marketing subsidiary of Norinco, which operates on the People’s Republic of China primary aluminium ...
  • 2010-09-27 11:19:29
    Slovenska industrija jekla has bought two more steel centres in Italy
    SIJ – Slovenska industrija jekla has bought two more steel centres in Italy: Sidertoce and Griffon & Romano. In line with its strategy, the SIJ is stepping up the pace of its investment effort in order to develop the EU and global markets, mainly by acquiring steel centres and ...
  • 2010-09-27 01:23:11
    Nickel and copper export duties can be increased
    First Deputy Prime Minister Viktor Zubkov chairs held a meeting of the sub-commission of the Russian government on customs tariff and nontariff regulation and protective measures in foreign trade at last week. Following discussion, the meeting participants recognized that it would be ...
  • 2010-09-24 10:20:00
    Decisions made by MMC Norilsk Nickel Board of directors with regard to the Extraordinary General meeting of shareholders
    At the regular meeting of the Board of Directors of OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or the “Company”) that took place today, a number of issues related to the EGM scheduled for October 21, 2010 was considered. As it was reported earlier, the EGM had ...