2007-03-20 11:58:20 Kirov Plant to Invest Rub 1,63 bn in Building of New Foundry Kirov Plant ( St. Petersburg ) has determined the main points of its investment program in 2007-2011.
The program includes building of a new foundry in Gorelovo village (project cost Rub 1,63 bn), modernization of the production facilities of Petersburg Tractor Plant (project cost ...
2007-03-20 10:48:25 OMK has signed a deal with Spain's Fagor and Italy's Danieli for rolling mill spare parts Pipe and metals holding United Metallurgical Company (OMK) will invest upwards of $140 million in the expansion of the first stage of a smelter, which is under construction in the Nizhny Novgorod region, OMK said in a statement.
OMK has just signed a deal with Spain 's ...
2007-03-20 10:31:09 Rosneft and TMK Sign Strategic Partnership Agreement JSC NK Rosneft and JSC TMK announced today that they have agreed to develop a long term strategic partnership. The agreement was signed in Moscow by Rosneft’s First Vice President Sergei Kudryashov and TMK’s CEO Konstantin Semerikov.
The partnership has been agreed for ...
2007-03-19 15:47:14 Delegation of top-managers of Stalepromyshlennaya Company visited China Delegation of top-managers of Stalepromyshlennaya Company, JSC (SPK) visited China on March, 9 -16. The purpose of the business trip was to know international experience in organization of steel service centers.
During the business trip SPK management has conducted business ...
2007-03-19 12:19:15 MMK and ENRC have announced signing a ten-year iron ore supply Magnitogorsk Iron & Steel Works (MMK) and ENRC Marketing & Sales, the sales and marketing arm of Eurasian Natural Resources Corporation (ENRC) have announced signing a ten-year iron ore supply.
ENRC Marketing & Sales will supply iron ore from SSGPO (Sokolov-Sarbai Mining ...
2007-03-19 11:28:52 Russian titanium At present, due to problems in a project to develop ultra modern A-380 airplanes Airbus, the European aerospace giant, could decide to purchase less Russian titanium which is manufactured by VSMPO-Avisma, the world’s leading titanium corporation, ...
2007-03-19 11:10:31 Reduction in income In 2006 Izhstal generated some $12.5 mn as net income or 4.7% less than a year ago.
2006 net income contracted due to a spike in prices for main raw materials and energy.
2007-03-16 11:35:14 Russia ups aluminium production 3.1% in February Russia increased aluminium production a 3.1% in February (294,210 tonnes).
Russian alumina output rose 6.1% to 254,417 tonnes.
CIS aluminium production grew 3.2% to 335,026 tonnes. Ukraine reduced production 0.6% to 8,716 tonnes while Tajikistan raised it 5.2% to 32,100 tonnes.
2007-03-15 19:00:18 JSC TMK and HAEUSLER AG signed the delivery contract JSC TMK ant HAEUSLER AG of Switzerland , one of the world’s biggest producers of welded pipe production equipment, signed the delivery contract for a new facility for the production of large diameter longitudinal welded pipes.
The new facility will produce longitudinal welded ...
2007-03-15 16:13:00 OMZ and Rosneft Sign Contract for Four Spherical Gas Holders Supply OMZ Oil and Gas Projects (Izhora), part of OMZ (Uralmash-Izhora Group) has signed a contract with Rosneft Oil Company for the manufacture, delivery and "ready-to-operate" assembly of four spherical gas holders with 600 cubic meters capacity for the Tuapsinsky Oil Refinery (Krasnodar ...
2007-03-15 15:44:54 Severstal buys Victory Industries JSC STOIK that is affiliated to Severstal has acquired the Victory Industries Inc (Dearborn, Michigan, USA).
"The main reason for buying the assets of Victory Industries Inc is to develop equipment servicing for Severstal North America, which Severstal acquired in 2004," ...
2007-03-15 11:39:56 The transaction to create United Company Russian Aluminium According to Mr. V.Vekselberg, which is co-owner of SUAL Group, the transaction to create United Company Russian Aluminium it’s planned to close in a week. Alexander Bulygin RUSAL's CEO will be it’s President.
The United Company Russian Aluminium will become the world's largest ...
2007-03-15 04:09:51 Metal and Steel Market of the North-West Today the President of Russian Union of Metal and Steel Suppliers Mr. Romanov will conduct round table «Metal and Steel Market of the North-West» in work of which will participate branch experts, administrative agents of Saint Petersburg and leading companies of North ...
2007-03-14 13:48:16 In January-February 2007 Gubakha Coke produced 70,000 tons In February 2007, Gubakha Coke (Perm Territory), a plant of United Metallurgical Company (OMK), produced 32,900 tons of gross coks (total 68,500 tons in January-February 2007).
The revenue of the group exceeded $3 bln in 2006.
United Metallurgical Company (OMK) is one of Russia's largest ...
2007-03-14 13:41:29 Chusovoy Steel Works has summed up results of February 2007 Chusovoy Steel Works (CSW, Perm Territory), part of United Metallurgical Company (OMK) has summed up its production results of February 2007.
The Works manufactured 6.6 thousand tones of automobile springs - a 19% increase as compared with February 2006 and 39 thousand tones of ...
2007-03-13 12:54:55 The new Waelz kiln will be put into operation on March, 16th Chelyabinsk Zinc Plant is pleased to announce that a new highly efficient, large-capacity Waelz kiln will be put into operation on March, 16th. As a preparation for industrial launch of the kiln a gas burner was fired on the March,12, the unit was set for drying and initial heating. The new ...
2007-03-13 12:02:59 TMK Option Program At an Extraordinary General Meeting of Shareholders (EGM), which took place on March 2, 2007, in the form of a postal vote, the shareholders of JSC TMK duly approved the TMK Option Program. The resolution was supported by 84.7245% of votes cast. TMK’s Option Program provides for the ...
2007-03-13 11:11:37 Metalloinvest appoints Hatch its Strategic Development Consultant Metalloinvest Management Company has appointed Hatch an adviser while implementing a strategic development programme, which provides for turning the company into one of the leading players on the world’s metallurgical market.
While carrying out the study, the experts from ...
2007-03-12 14:13:53 Media Platform’s forecasts for 2007 put it at RUB280 mln All media assets of the Company operating in the Krasnoyarsk Territory and Murmansk Area are united now under Media Platform Group.
In the beginning of 2007 this media group was augmented with Monchegorsk company Sputnik (LLC), the publisher of The Kola Nickel corporate newspaper and the ...
2007-03-12 13:40:31 CZP Board Chairman Sergey Moiseev outlines key results of 2006 and development strategy until 2010 CZP Board Chairman Sergey Moiseev outlines key results of 2006 and development strategy until 2010.
The strategy of Chelyabinsk Zinc Plant Open Joint Stock Company (RTS:CZP, LSE: CHZN) in the next 3 years will be aimed at further de-bottlenecking the enterprise and expanding mining assets ...
2007-03-09 03:42:38 MMK leads in production capacity among Russian metallurgical plants. The Magnitogorsk Iron and Steel Works has summed up its production capacity in February and in the first 2 months of 2007. In February 2007 MMK produced 138,7 thou tons of finished ore, 787,1 thou tons of agglomerate, 401,3 thou tons of coke, and 708,2 thou tons of pig iron.
In February 2007 ...
2007-03-06 11:32:42 The group of companies “Koks” has bought control share holding (55%) of Slovenska Industria Jekla The group of companies “Koks”, incorporated in Industrial Metallurgical Holding has bought control share holding (55%) of Slovenska Industria Jekla (Slovenian Steel Group - SSG) at privatization tender in Slovenia. SSG incorporates 7 companies among which Acroni and Metal Ravne are ...
2007-03-05 17:28:16 The last LME tender showed tendency of changes in prices The past tenders LME last week showed the tendency of changes in the prices for some metals not only to growth, but also to fall.
Thus, the aluminum which cost on February, 26th $2,92 thou for 1 tn ( с ash seller & settlement), during the next five stock days fell in price to $2,76 ...
2007-03-05 06:41:04 A new international exhibition complex "Russia" An active building of a new international exhibition complex “Russia” with the total area of 342 thousand sq. m including pavilions of 240 thousand sq. m. has started on the territory of the All-Russian Exhibition Center. Piles have already been driven, the “zero cycle” ...
0000-00-00 00:00:00 MMK Announces Q4 and FY 2008 Operational Results Major Products Output Production Q4 2008 Q3 2008 2008 2007 ‘000 tons ‘000 tons % ‘000 tons ‘000 tons % Cast iron 1 205 2 276 -47,0% ...