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 10:15:58 Severstal Gold to acquire Sacre-Coeur Minerals, Ltd.
Severstal Gold N.V. (“Severstal Gold”), a subsidiary of OAO Severstal (“Severstal”) (LSE: SVST; RT CHMF), is pleased to announce that that it has acquired 3,900,000 common shares (“Common Shares”) of Sacre-Coeur Minerals, Ltd. (“SCM”), at an ...
2010-09-24 00:06:02 Aluminium semi products output in Russia has a little grown
Russian aluminium industry in August, 2010 has reduced manufacture of primary aluminum to 0.5% in comparison with July, 2010, but has made it by 2.3% more than in August, 2009.
Aluminum semi products output too has appeared ambiguous. Bars and profiles manufacture has grown by 1.8%, foil ...
2010-09-23 12:18:35 Russian copper semi products manufacture has sharply increased
The Russian output of refined copper in August of current year has fallen by 3.5% in relation to July, but in comparison with August, 2009 has grown by 0.6 %.
Manufacture of semi products from «red metal» has shown growth on all basic grocery groups. For example, bars and ...
2010-09-23 10:26:26 European Commission has completed monitoring of Mechel’s steel subsidiaries in Romania
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports compliance of its Romanian steel subsidiaries with the viability benchmarks established by the European Commission within the framework of the Romanian steel industry restructuring strategy.
The ...
2010-09-23 10:25:08 NLMK upgrades its steelmaking facilities at the Lipetsk site
Novolipetsk Steel (NLMK) has completed the reconstruction of gas exhaust ducts with a secondary emissions collection and cleaning system at its Lipetsk site. The reconstruction at BOF Shop #1 - which accounts for approximately 40% of steel output at Lipetsk is a key environmental project ...
2010-09-22 12:04:20 Electrozinc masters manufacture of a new alloy
The Electrozinc plant (the enterprise of UMMC) masters manufacture of the new zinc-aluminum alloy being replacement of classical bronzes and widely applied in Europe for manufacturing of sliding bearings.
Igor Hodyko, Chief Engineer, Electrozinc reported the output of the first trial lot ...
2010-09-22 10:29:34 Mechel reports signing protocol of Intent with China National Coal Group
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces it has signed a Protocol of Intent with China National Coal Group.
On September, 21 the Protocol of Intent was signed between Mechel OAO and China National Coal Group – the second largest coal ...
2010-09-22 10:23:53 Severstal obtains exploration and development license for Tsentralnyi field in Tyva republic, Russia
Severstal (LSE: SVST; RTS: CHMF), one of the world’s leading vertically integrated steel and mining companies, has obtained a license for further exploration and coal extraction at the Tsentralnyi field in the western part of the Ulug-Khemskiy basin in the Tyva Republic, Russia. This ...
2010-09-21 14:53:01 VSMPO-Avisma start acquisition of a ligatures manufacturer
VSMPO-Avisma Corporation has bought 18.98% stocke of Uralredmet company (Sverdlovsk area) and plans to increase its share in its authorized capital stock to a blocking package. Transaction cost has not been disclosed.
VSMPO-Avisma has informed that the given transaction pursues as the aim ...
2010-09-21 10:25:32 Mechel signed US$471.2 mln facility to finance construction of universal rolling mill
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces it has signed a loan agreement to finance a universal rolling mill installation project at its Chelyabinsk Metallurgical Plant OAO (CMP OAO) subsidiary.
The new $471.2 million* Senior Term Loan ...
2010-09-20 12:30:53 RUSAL’s shares rose by 11% for a week
During the week from September 13 to 17 RUSAL’s shares rose by 11% reaching 9.14 HKD. The price increase was caused, on the one hand, by strong financial H1 results that substantially exceeded analysts’ expectations, by positive analysts’ reports, RUSAL’s activities ...
2010-09-20 11:18:26 New manufacture of aluminum wire-rod is created near to Moscow
The Vtormet Industrial Company, the largest in the Moscow area manufacturer of secondary aluminum alloys, sets up aluminum wire-rod line, one of the market players has informed. New production can be used as in electrotechnical branch (for manufacture of cables and wires), and in ferrous ...
2010-09-20 10:50:27 Norilsk Nickel announces new routes to deliver its products to customers in South East Asia
On September 15 Arctic diesel electric ship Monchegorsk owned by OJSC MMC Norilsk Nickel (“Norilsk Nickel” or “the Company”) left Murmansk sea port for its first voyage through the Northern Sea Route’s eastern part: Murmansk-Dudinka-Busan-Shanghai.
East part ...
2010-09-20 10:43:17 Severstal subsidiary signs mineral development agreement for the putu iron ore project in Liberia
OAO Severstal (“Severstal”) (LSE: SVST; RTS: CHMF), one of the world’s leading vertically integrated steel and mining companies, announces that its 61.5% subsidiary has entered into an agreement with the Government of Liberia to develop the Putu iron ore project. The Mineral ...
2010-09-20 10:31:54 Fitch Ratings changes the outlook of MMK's to positive
Rating agency Fitch Ratings has changed the Outlook for Magnitogorsk Steel OJSC's ("MMK") to positive from stable and affirmed Long-Term Issuer Default Rating at BB.
According to Fitch Ratings, the revision of MMK’s Outlook to positive from stable in part reflects ...
2010-09-17 10:46:12 Oleg Deripaska to deliver inaugural lecture to launch President’s Forum at HKUST
UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, is pleased to announce details of CEO Oleg Deripaska’s lecture – ‘The Power of Focus: Turning Opportunity into Success’ – which is the inaugural speech of the UC RUSAL ...
2010-09-15 09:04:20 Krasnoyarsk metallurgical works endures a rebirth
The Krasnoyarsk metallurgical works endure a rebirth: En + Group plans to create on its base the rolling complex largest in Russia.
En + Downstream (is a part En + Group) under which control of Krasnoyarsk metallurgical works has passed in the summer of 2009, has begun preparation of the ...
2010-09-14 09:00:21 Agrisovgaz intends to create two technological clusters
«On the basis of our industrial platforms we plan creation of two technological clusters – aluminum and steel», - Dmitry Kolbichev, the director of company Agrisovgaz (Maloyaroslavets, the Kaluga region), on celebrating of the 20 anniversary of the enterprise has declared. ...
2010-09-13 11:56:40 Metal Supply and Sale Magazine at Aluminium-2010
Aluminium-2010 International exhibition opens in Essen on September 14. The exhibition will gather together more than 900 companies from 45 countries of the world including from Germany, Italy, Austria, Italy, Great Britain, the USA Japan, China, etc.
Metal Supply and Sale Magazine ...
2010-09-13 10:16:18 Izhorskiye Zavody complete deployment of SAP ERP
Izhorskiye Zavody, a part of OMZ Group, along with SAP and T-Systems have successfully completed integration of SAP ERP system into the production process.
Successful synchronization of the Intermeh PDM-system (responsible for production process management) and SAP ERP (responsible for ...
2010-09-10 11:01:39 Mechel placed commercial papers of the 13 and 14 series at a sum of 10 Billion Roubles
Mechel OAO (NYSE: MTL), one of the leading Russian mining and steel companies, announces placing its commercial papers of the 13 and 14 series.
On September, 7 2010 Mechel OAO completed two placements of its interest-bearing commercial papers of the 13 and 14 series with an obligatory ...
2010-09-09 10:43:00 NLMK implements steel production upgrades
A second high-capacity ladle furnace has commenced production at NLMK’s main site in Lipetsk. The 4 million tonnes per year (‘mtpy’) ladle furnace operation will allow a reduction in refining costs, ensure maximum quality improvement and will boost output of new steel grades ...
2010-09-08 10:37:51 MMK has increased domestic supplies
The share of MMK domestic supplies in August 2010 reaches almost ¾ of the total rolled products supplies. The company’s last month export supplies exceeded 228k tons of steel products while the total output of marketable products exceeded 847k tons. Hence, the export share in the ...
2010-09-08 10:15:09 Mechel announces commissioning new electric steelmaking complex at Izhstal
Mechel OAO (NYSE: MTL), a leading Russian mining and steel company, announces that the Russian Prime Minister Vladimir Putin commissioned a new electric steelmaking complex at Izhstal OAO. The new facility comprises an electric arc furnace and a continuous slab caster.
During ...
2010-09-06 10:46:48 Evraz's North American subsidiary secures CAD300 million of bank financing
Evraz Group S.A. (LSE: EVR) announces the closing of a CAD300 million (approx. $285 million) four-year committed revolving credit facility by Evraz Inc. Canada (the Company). The facility is secured with the inventories and receivables of the Company and its operating subsidiaries (ABL ...
2010-09-06 10:42:57 Mechel announces work suspension at the New-Olzherasskaya Underground Mine
Mechel OAO (NYSE: MTL), one of the leading Russian mining and steel companies, announces work suspension at New-Olzherasskaya Underground mine which is a part of Southern Kuzbass OAO due to coal self-heating in the long wall face No. 21-1-7.
In the middle of August 2010, coal ...
2010-09-03 10:01:00 National expositions of Chinese steel companies to be arranged at Metal-Expo’2010
ArcelorMittal, Baosteel, Marcegaglia, Acerinox, Ruukki, RHI, SMS Group, Vesuvius, MetalForme, Industrie PU.MA, Beijing Lirr, Henkel, China Fest Heavy Industries and other major steel companies will participate in Metal-Expo’2010 (November 9-12, Pavilion 75, the All-Russia Exhibition ...
2010-09-02 10:43:44 New associated company of VSMPO-AVISMA Corporation
PSC VSMPO-AVISMA Corporation announced of an associated company promotion – LLC AVISMA- Kosmos.
The associated company will be involved in power transfer using facilities and equipment of power substation “Kosmos”, commissioning of which is planned in the end of 2010. ...
2010-09-02 10:33:52 Evraz announces interim results for 1H 2010
Evraz Group S.A. (LSE: EVR) today announces its unaudited interim results for the six months ended 30 June 2010.
1H 2010 Highlights:
Financials:
* Consolidated revenue US$6,379 million (+38% vs. 1H 2009)
* Consolidated adjusted EBITDA US$1,154 million (+147%)
* Net loss ...
2010-09-01 10:44:51 RUSAL to launch Russian Depositary Receipts Programme
UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, announces its intention to launch a Russian Depository Receipts (RDR) Programme and to arrange for the listing/the admission to trading of Russian Depository Receipts on CJSC “MICEX Stock ...
2010-09-01 10:35:51 Severstal announces changes to its Senior Management Team
OAO Severstal (LSE: SVST), one of the world’s leading integrated steel and mining companies, announces changes to its senior management team.
Alexander Grubman, currently CEO of Severstal Resources division, has been appointed as CEO of Severstal Russian Steel. Anatoly Kruchinin, ...
2010-08-31 11:01:44 Platts representative will give an overview of the world’s iron ore, steel, and cocking coals markets
Platts agency will become a partner of Russian Metal and Steel Market, 13th International Conference which will be held on November 8 in Moscow to usher the traditional autumn Metal Week in Moscow . Hector Foster, Platts Editor, will give the delegates of the conference an insight of the ...
2010-08-31 10:27:42 RUSAL announces management and structural changes
Moscow, 31 August 2010 – UC RUSAL Plc (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, announces the creation of RUSAL’s Department of Control, Internal audit and Business coordination, which will be headed by Tatyana Soina, who previously served as ...