2018-10-19 14:37:55 Ural Steel successfully passes steel production audit
Ural Steel (part of Metalloinvest) has successfully passed the audit of its steel products for compliance with the European standards. TÜV Thüringen e.V. (Erfurt, Germany), one of the leading international certification groups, renewed the compliance certificates for the ...
2018-10-12 15:33:34 Nordgold Reports Results of General Meeting
The General Meeting (the “Meeting”) of Nord Gold SE (“Nordgold” or the “Company”), the internationally diversified gold producer, was held on Friday, 28 September 2018, at 11 am BST at the offices of Celtic Resources Holdings Limited, Fetcham Park House, ...
2018-10-12 15:25:37 NLMK Group launches construction of stamp charging complex at Altai-Koks
NLMK Group, a global steel company, has embarked on a project to implement stamp charging technology at an operating coke oven battery at Altai-Koks, a leading Russian manufacturer of metallurgical coke.
This project, which is worth a total of 3.3 billion rubles, will boost coke ...
2018-10-12 15:22:22 Severstal reports Q3 & 9M 2018 operational results
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 Q3 & 9M 2018.
Q3 2018 GROUP HIGHLIGHTS
Hot metal output increased 2% in Q3 2018 to 2.30 mln ...
2018-10-12 15:18:35 Norilsk Nickel Board of Directors recommends interim dividend for the first half of 2018
The Board of Directors of MMC Norilsk Nickel, the world’s largest refined nickel and palladium producer, has set the Extraordinary General Meeting of shareholders (EGM) date on September 19, 2018 and the EGM record date (the list of shareholders eligible to vote) on August 27, 2018. ...
2018-10-12 15:15:04 Enviromental Approval Granted To Udokan Mmining And Metallurgical Plant
According to the Order of the Directorate of Rosprirodnadzor (Federal Service for the Supervision of Use of Natural Resources) for Zabaikalye Region, the state environmental expert committee of the federal level approved design documentation for Udokan Mining and Metallurgical Plant Stage 1 ...
2018-10-12 11:06:32 Metalloinvest and ChelPipe Group discuss ways to boost OEMK steel supply for pipe production
Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, and ChelPipe Group have held a Coordination Committee meeting at OEMK (part of Metalloinvest). During the meeting the parties discussed ...
2018-10-05 12:54:35 Domestic Rolled Products Output to Grow 0.9% in 2018
According to the forecast of the Ministry of Economic Development of the Russian Federation domestic steel rolled products output will reach 61.5Mt in 2018 (+0.9% compared to 2017).
Rolled products export is expected to reach 28Mt (+0.3% compared to 2017), import: 5.5Mt (+1.4%). ...
2018-10-05 12:52:41 Metal Week in Moscow is on the Way
30 heads of steel and construction industries unions, members of Metal-Expo’2018 Organizing Committee met yesterday in Moscow.
More than 500 steel companies from 30 world countries have already confirmed their participation in Metal-Expo’2018 (November 13-16, Hall 75, ...
2018-09-14 16:58:15 Agnes Ritter elected to Board of Directors
PAO Severstal (LSE: SVST;MICEX-RTS: CHMF), one the world’s largest vertically integrated steel and mining companies, announces the results of voting following an extraordinary general meeting of shareholders held on 14 September 2018.
Severstal's shareholders approved the payment ...
2018-09-14 16:47:24 MMK to help develop standards for technology and innovation
Magnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness. ...
2018-09-14 16:41:13 Severstal, RUSNANO and Windar Renovables to manufacture wind turbine towers in Russia
PAO Severstal, RUSNANO and Windar Renovables have concluded an agreement to create a joint venture, WRS Bashni, LLC, to produce steel towers for wind-driven power plants (WDPP).
The renewable energy products, which will be the first of their kind in Russia, will be built in the Rostov ...
2018-09-07 16:36:04 Start of construction of Udokan Mining and Metallurgical Plant
Governor of Zabaikalye Region Natalya Zhdanova, Chairman of the Board of Directors of Baikal Mining Company Valery Kazikaev and General Director of Baikal Mining Company Yury Ryabov solemnly declared start of construction of Udokan Mining and Metallurgical Plant.
A memorial stone was ...
2018-09-07 16:33:05 MMK’s most productive mill continues to beat records
Magnitogorsk Iron and Steel Works’ (MMK) hot-rolling mill 2000 produced 527,955 tonnes of rolled metal in July 2018, a new monthly record for this unit.
The previous record of monthly output of hot-rolled steel was achieved by MMK’s most productive rolling unit quite ...
2018-09-07 16:31:15 Dmitry Furmanov appointed General Director of NLMK Ural
NLMK Group, an international steel company, is pleased to announce the appointment of Dmitry Furmanov as General Director of NLMK Ural, one of the leading manufacturers of square billet, rebar and wire rod in Russia.
Dmitry Furmanov’s appointment is effective September 1, 2018. ...
2018-09-07 16:29:38 Metalloinvest and OMK improve quality of railway wheel billets
Metalloinvest and United Metallurgical Company (OMK) have held the latest meeting of the two companies' Coordination Committee. The production and supply of steel concast billets from Ural Steel for the production of railway wheels at Vyksa Steel Works (part of OMK) was discussed at the ...
2018-09-07 16:27:55 Severstal becomes Russia’s first manufacturer of damping steel
PJSC Severstal, one of the world's leading vertically integrated steel and mining companies, presented a new vibration and sound absorbing damping steel, 01U5T, during a techno-breakfast organized by the All-Russian Society of Inventors and Innovators (ARSII).
The event attracted ...
2018-08-28 11:58:31 Таганрогский морской порт подвел итоги реализации экологической программы
В I полугодии 2018 г. на реализацию экологической программы Таганрогского морского торгового порта (ТагМТП, входит в UCL Holding) перечислено 2,7 млн руб.
В отчетный период для защиты водных ресурсов от возможных загрязнений ТагМТП осуществил контроль состояния прибрежной зоны, ...
2018-08-28 10:43:37 NLMK Board of Directors recommends dividends for Q2 2018
At a meeting held on 31 July 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders approve payment of Q2’18 dividends of RUB 5.24 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 28 September ...
2018-08-28 10:39:44 Severstal will cut emissions with its reconstruction of coke oven battery No. 4
PJSC Severstal, one of the world's leading vertically integrated steel and mining companies, will reduce its emissions to the atmosphere by almost 700 tons per year during the reconstruction of coke oven battery No. 4 (KB-4) at the Cherepovets Metallurgical Plant (CherMK).
The project, ...
2018-08-22 12:03:55 Mechel reports 1H2018 operational results
Mechel PAO’s Chief Executive Officer Oleg Korzhov commented on the 1H2018 operational results:
“Renewal of mining equipment at Mechel’s coal facilities enabled us to attain stable mining levels and we plan to maintain this work pace until this year’s end. The ...
2018-08-01 14:47:06 Stoilensky produces its 10-millionth tonne of pellets
Stoilensky, part of NLMK Group, an international steelmaking company, has produced its ten-millionth tonne of pellets at its pelletizing plant, one of the largest in Europe.
Launched in November 2016, the pelletizing plant was able to reach design capacity of 6 million tonnes of ...
2018-08-01 14:44:58 Vorkutaugol launches low-ash concentrate
AO Vorkutaugol, one of Russia’s largest coal mining companies, a subsidiary of Severstal, has successfully completed an experiment at Pechorskaya Concentrating Mill to improve the quality of its coal concentrate. The improved finished product is already being shipped to Cherepovets ...
2018-07-25 14:30:39 Metalloinvest opens a warehouse for finished products at OEMK
Metalloinvest today announces that OEMK, which is part of Metalloinvest, has opened a warehouse for the storage and shipment of finished products. This will enable OEMK to increase production of rolled steel products, including high-quality rolled steel (SBQ), by 60,000 tonnes per year. ...
2018-07-09 12:44:45 Mechel Prolongs Coal Contract with China’s Baosteel Resources until 2019
Mechel PAO (NYSE: MTL, MOEX: MTLR), one of the leading Russian mining and metals companies, reports prolonging its cooperation agreement with Baosteel Resources which is part of China Baowu Steel, China’s largest steelmaking group.
The agreement notes long-lasting reliable ...
2018-07-09 12:42:00 NUST MISiS laboratory develops innovative steel grades for OEMK
The steelmaking laboratory of the A.A. Ugarov Stary Oskol Technological Institute, a branch of the National University of Science and Technology MISiS (NUST MISiS), launched at OEMK (part of Metalloinvest), has begun developing new steel grades.
The laboratory is conducting ...
2018-07-09 12:40:10 Smartphones to be used in underground
AO Vorkutaugol, one of the largest coal mining companies in Russia and part of PAO Severstal, has purchased special spark-proof smartphones to perform mining equipment diagnostics and workplace safety audits.
Prior to entering the mine, the wireman opens the Mobile Equipment ...
2018-07-09 11:43:51 MMK’s environmental efforts and resource management recognized by industry competition
Magnitogorsk Iron and Steel Works (MMK) won the XV industry competition titled ‘Metal and Mining Enterprises with Highly Effective CSR’.
The competition participants were 61 metal and mining enterprises. For the second year in a row, MMK is amongst the winners in the ...
2018-06-21 14:56:31 RUSAL restarts operation of teh Friguia alumina refinery in Guinea
UC RUSAL (486 Hong Kong, RUAL Moscow Exchange), a leading global aluminium producer, is pleased to announce the restart of the FRIGUIA ALUMINA REFINERY in Guinea.
The official ceremony to mark the restoration of the Friguia refinery was attended by the President of Guinea, Alpha Conde, ...
2018-06-21 14:53:02 EVRAZ expands the capacity for the processing of railway wheels
EVRAZ NTMK completes preparations for launching the fifth railway wheel machining line. The line has already been assembled, four new automated machines have been installed at the wheel shop.
Currently the wheel-block robotic transport and handling equipment, chip breaker and disposal ...
2018-06-18 16:44:31 NLMK Group to employ new technology to boost quality and reduce cost of coke production
NLMK Group, a global steel company, is designing equipment to implement stamp charging process at Altai-Koks. This will boost coke quality and reduce the cost of its production through use of more cost-efficient grades of coking coals.
Stamping technology is under implementation at ...
2018-06-18 16:42:25 MMK’s hot-rolled products Mill 2000 sets another record
PJSC Magnitogorsk Iron and Steel Works’ ("MMK") most powerful unit, hot-rolled products Mill 2000, produced 527.5 ths tonnes of metal in May 2018, setting an all-time record for monthly output. It was the highest production volume at the mill since its commissioning in 1994, ...
2018-06-18 16:40:27 Severstal supplies 40 thousand tons of steel for Fifa World Cup 2018 stadiums
PAO Severstal, one of the largest vertically integrated steel and mining companies in the world, supplied approximately 40 thousand tons of rolled steel for the construction of the 12 stadiums that will host World Cup matches in 2018.
Flat steel and reinforcing bars were supplied from ...
2018-06-08 17:40:30 MMK showcases environmental policy in action
Magnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts.
The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple ...
2018-06-08 17:29:10 Severstal begins supply of unique cryogenic steel for new LNG production and storage facilities
PAO Severstal, one of the world's leading vertically integrated steel and mining companies, is pleased to announce that it has begun the supply of construction elements for a liquefied natural gas (LNG) storage facility made of cryogenic low-carbon steel with a 9% nickel content.
The ...
2018-06-08 17:26:59 NLMK shareholders approve FY2017 and Q1 2018 dividends
At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders approved the payment of FY2017 dividends of 14.04 rubles per share (considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2017 is 3.36 rubles per ...
2018-05-18 11:32:02 Rusal increased revenue despite U.S. sanctions
Russian aluminum giant Rusal on April 11 warned of expected harm to its business from U.S. sanctions, sending its shares down more than 7% despite the company reporting a 20% jump in first-quarter core profit.
Washington last month announced sanctions on Russian billionaire Oleg ...
2018-05-11 16:04:44 TMK takes part in the 2018 International Offshore Technology Conference
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has taken part in the 2018 International Offshore Technology Conference (OTC), Houston, USA.
At the event, TMK showcased its full range of TMK UP premium threaded connections used in oil ...
2018-05-11 16:01:28 Expert RA assigned IMH the ruBBB+ credit rating
RAEX rating agency (Expert RA) has assigned IMH credit rating ruBBB+ with a stable outlook. RAEX in its report notes the Company’s high liquidity level and diversification of sales by geography and customers.
The Agency outlines the Company's strong positions on the pig iron and ...
2018-05-11 11:30:17 In 2018 UMMC will invest about 3,5 bln.RUB in capital construction of Gaisky GOK
Ural Mining and Metallurgical Company will invest about 3,5 bln. RUB in development of PJSC “Gaisky GOK (a part of UMMC commodity-based complex), which exceeds equivalent figures for 2017 by 1 bln. (34%).
Over half the investment budget, about 2,25 bln.RUB, is planned to be ...
2018-05-04 15:17:34 Metalloinvest announces operational results for Q1 2018
Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its operational results for the first quarter of 2018.
Management comments
Andrey Varichev, CEO of Management Company ...
2018-05-04 14:51:15 TMK Announces Board Of Directors Decidsions
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors at its meeting on April 26, 2018 decided to hold an Annual General Meeting of Shareholders (AGM) on June 21, 2018. The record date for the list of ...
2018-05-04 14:48:37 MMK invests over RUB 4 bln in environmental programmes in 2017
In 2017, Magnitogorsk Iron and Steel Works invested 4,157.8 million rubles in environmental initiatives. From 2018 to 2025, the Company plans to spend more than 38 billion rubles on environmental protection.
In 2017, 2,578 million rubles were invested in the construction and ...
2018-04-09 12:15:29 OEMK confirms compliance with international standards
OEMK (part of Metalloinvest) has successfully undergone a recertification audit of its Quality Management System for compliance with the international standard ISO 9001:2015. Auditors from TUV SUD Management Service GmbH (Munich, Germany) confirmed that OEMK is in line with the required ...
2018-04-09 12:13:44 MMK continues to improve energy efficiency of production
The total economic effect from the implementation of projects to improve the energy efficiency of production processes at the Magnitogorsk Iron and Steel Works in 2017 amounted to about 1 billion rubles.
Work to improve energy efficiency was carried out at all levels of the ...
2018-02-27 11:10:50 Metalloinvest increases productivity of vacuum degasser at Ural Steel
Ural Steel (part of Metalloinvest) has completed modernisation of the vacuum degasser at the electric arc furnace shop (EAFS), which increased the unit’s capacity by 50% to 1.8 mn tonnes per year.
Total investments in the project amounted to RUB 230 mn. The supplier of the ...
2018-02-27 11:06:25 NLMK Group launches online voting service for shareholders
NLMK Group, an international steel company, is launching an electronic voting (e-voting) service for its shareholders. The company will hold the first electronic vote in its history during the Extraordinary General Meeting of Shareholders on 12 March 2018, for voting on its new CEO (Chairman ...