Metallurgy news

Page 32 of 69
«First  ←Previous         Next→  Last»
  • 2011-07-13 10:44:50
    TMK premium connections receive another ISO 13679 CAL IV certification
    TMK’s American division – TMK IPSCO successfully completed qualification tests of Premium threaded connections ULTRA-QX in accordance with ISO 13679 CAL IV standard. Premium connections ULTRA-QX exhibit high tensile and compression strength, high ability to bend, and ...
  • 2011-07-12 10:13:29
    Izhorskiye Zavody finalizes fabrication of reactor vessel for Leningrad NPP-2
    Izhorskiye Zavody, part of OMZ Group, has finalized the fabrication of the first VVER-1200 reactor vessel for Leningrad NPP-2. One of the final stages of the manufacturing successfully completed control assembly of the reactor vessel with in-vessel devices and head block shield. The ...
  • 2011-07-12 10:10:14
    Putu iron ore resource increased to 3.2 billion tonnes
    OAO Severstal, one of the world’s leading vertically integrated steel and mining companies, today announces that an independent mineral resource report has estimated a 3.2 billion tonnes deposit at its Putu iron ore project in Liberia. Severstal is the majority stakeholder in the ...
  • 2011-07-11 10:23:08
    OMZ-Foundry production successfully passes re-certification audit to meet all ISO 9001-2008 requirements
    OMZ-Foundry production, a part of OMZ Group, has successfully passed the re-certification audit to meet ISO 9001-2008 conformity certificate for its quality management system. Certification audit was conducted by Det Norske Veritas (DNV) – the independent classification and ...
  • 2011-07-11 00:24:46
    Oleg Deripaska appointed as President of En+ Group
    En+ Group announces the appointment of Oleg Deripaska as President of En+ Group, a decision made by the Board of Directors of En+ Group. (Previously, Oleg Deripaska held the position of the Chairman of the Board of Directors of En+ Group). In his new role Oleg Deripaska is in charge of ...
  • 2011-07-08 10:37:49
    RUSAL signs agreement with Kemerovo region and Environmental regional center to create new recycling production
    Rusal the world’s largest aluminium producer, announces the signing of Cooperation Agreement with the Kemerovo Region administration and Environmental Regional Center (ERC) on recycling waste to innovative products for ferrous metallurgy. The first stage provides for recycling by ...
  • 2011-07-08 10:29:24
    Evraz priced 20 billion rouble bond issue
    EVRAZ has priced a 20 billion 5-year rouble bond (approx. US$710 million) at a coupon rate of 8.40% per annum. The bonds are issued by EVRAZ’s subsidiary, OOO EvrazHolding Finance, and guaranteed by EVRAZ Group. The closing and settlement is expected to be completed on 7 June 2011 ...
  • 2011-07-07 11:10:50
    Metal-Expo'2011 exposition has been almost fully arranged
    Ferrous and non-ferrous expositions at Metal-Expo’2011 (November 15-18, The All-Russia Exhibition Center, Moscow) have been arranged 93% by now. This year ferrous and non-ferrous expositions will be arranged in Hall 1, Pavilion 75 while the exposition of machinery and equipment for ...
  • 2011-07-06 10:24:55
    EVRAZ incentivised conversion of US$650 million 2014 bonds
    EVRAZ has successfully incentivised the conversion of US$647,800,000 in principal amount (or 99.7% of the total outstanding amount) of convertible bonds originally due in 2014 and bearing annual coupon of 7.25%. The total cash incentive payment to facilitate the conversion will be ...
  • 2011-07-06 10:22:10
    Norilsk Nickel Director General meets South African President
    Yesterday, Vladimir Strzhalkovsky, the General Director and Chairman of the Management Board of MMC Norilsk Nickel (the Company) met in Sochi with the President of the Republic of South Africa Jakob Zuma in RSA. The parties discussed further development of the Company’s projects in ...
  • 2011-07-05 10:52:32
    NLMK completes purchase of 50% interest in Steel Invest and Finance
    NLMK, one of the world’s leading steel companies, is pleased to announce the completion of the previously announced deal to purchase the remaining 50% interest in Steel Invest and Finance (“SIF”) from Duferco Group (“Duferco”). The transaction will result in SIF ...
  • 2011-07-05 10:49:46
    Nordgold receives mining license for Bissa Project, Burkina Faso
    Nordgold, an established pure-play gold producer focussed on emerging markets and a wholly-owned subsidiary of OAO Severstal, announces that Nordgold’s indirect subsidiary in Burkina Faso, Bissa Gold S.A. (“Bissa Gold”).has been granted a mining license for the Bissa gold ...
  • 2011-07-04 00:38:29
    Rusal makes debt repayments totalling USD119 million
    UC Rusal announced making further debt repayments in the total amount of USD119 million to its international and Russian lenders, including Onexim group, under the International Override Agreement (IOA). The debt repayment was made on 29 June 2011. Since the beginning of 2011, Rusal has ...
  • 2011-07-04 00:33:24
    Mechel Minig to increase charter capital by way of public offering
    Mechel announceds the decisions made by Mechel Mining’s Board of Directors. On the meeting of Mechel Mining’s Board of Directors held on June 30, 2011, the Board of Directors decided to increase Mechel Mining’s charter capital by way of public offering of 3.644 billion ...
  • 2011-07-01 10:40:22
    NLMK Quality Management System complies with international standards
    NLMK has successfully passed another audit conducted by TÜV SÜD, the independent German certifying agency, for compliance with the requirements of international standard ISO/TS 16949:2009, Quality management systems – Particular requirements for the application of ISO ...
  • 2011-07-01 10:38:32
    TMK holds annual general meeting of shareholders
    TMK announces that the Annual General Meeting of Shareholders was held in Moscow on June 28, 2011. Shareholders approved the annual report and financial statements for the 2010 financial year, including the Company’s profit and loss statement for 2010. Shareholders also elected the ...
  • 2011-06-28 11:25:17
    Freight One to deliver first batch of Nippon Steel rails to Russian Railways Network
    Freight One will haul the first batch this year of Japanese rails made by Nippon Steel Corporation to strengthen the track infrastructure of segments of the Russian Railways network. The rails are being loaded on Freight One rolling stock at ports of the Northeastern and Far Eastern regions. ...
  • 2011-06-28 10:37:14
    EVRAZ incentivised conversion of US$650 million 2014 Bonds
    EVRAZ announces that it has successfully incentivised the conversion of US$647,800,000 in principal amount (or 99.7% of the total outstanding amount) of convertible bonds originally due in 2014 and bearing annual coupon of 7.25%. The total cash incentive payment to facilitate the ...
  • 2011-06-28 10:33:34
    MetallurgMash: Pulse of the Market
    Siemens VAI estimates that the capacity of the Russian machinery market will reach €1,1 bn by 2015. Although it is less than the pre-crisis level (€1,4 bn in 2088), still is it much bigger as compared to €796 M in 2008, €772,4 M in 2010 and €857 M in 2011. In his ...
  • 2011-06-27 16:10:44
    MMK announces its consolidated financial statements under IFRS for Q1 2011
    Q1 2011 FINANCIAL PERFORMANCE HIGHLIGHTS:  MMK Group Q1 2011 sales amounted to USD 2,216 mln, 14% higher than Q4 2010.  Q1 2011 cost of sales rose 11% q-o-q, amounting to USD 1,775 mln.  Operating profit in Q1 2011 was ...
  • 2011-06-27 16:07:15
    Second EKG-18R power shovel manufactured by IZ-KARTEKS begins operations
    UK Kuzbassrazrezugol has completed the acceptance tests of the second EKG-18R power shovel manufactured by OOO IZ-KARTEKS (a part of OMZ Group) at Taldinsky coal mine. The first EKG-18R has begun operations this spring. EKG-18R is the first series-built power shovel in the second group ...
  • 2011-06-27 12:13:21
    Underwater Works on Nord Stream Pipeline Completed
    All three sections of the first of Nord Stream's twin 1,224 kilometre natural gas pipelines have now been joined together underwater by hyperbaric tie-ins. The completed pipeline through the Baltic Sea will now be prepared for connection to the landfalls in Russia and Germany later in the ...
  • 2011-06-27 09:08:41
    Rusal to raise up to US$4.75 billion for debt refinancing
    UC Rusal announced that its Board of Directors has approved the main terms and conditions of a new pre-export finance facility in the amount of up to US$4.75 billion with a club of international lenders. The facility proceeds will be primarily used to fully take out the outstanding debt ...
  • 2011-06-23 15:20:45
    New rolling plant to be built in the south of the Russia
    StavStal Company started of building of a metallurgical plant in Nevinnomysk industrial park (Kransnodar Kray). It plans to invest 3 bullion roubles (approximately $108.5 millons). Launch the rolling mill with capacity of 350 thousand tons is planned for May, 2012. The plant  will ...
  • 2011-06-23 13:17:55
    Mechel reported results of a meeting with Posco’s management
    Mechel reportув the results of a meeting between the management of Mechel and Posco, which include signing of the Framework Project Agreement and the Agreement for Construction of a Permanent Shift Worker Settlement for Elga Coal Complex. On June 21, during an official meeting between ...
  • 2011-06-23 11:32:01
    Rusal launches project for the extraction of low-iron bauxite
    UC Rusal announces the launch of a project for the extraction of low iron bauxite in the Republic of Komi by Timan Bauxite, a subsidiary of the Company. Future bauxite production is estimated at 250,000 tonnes per year. Bauxite will be extracted by open-cut mining at the Middle Timan ...
  • 2011-06-23 10:25:24
    Preliminary results of the AGM of MMC Norilsk Nickel
    Annual General Meeting of shareholders (AGM) of OJSC MMC Norilsk Nickel (hereinafter – MMC Norilsk Nickel or the Company) took place in Moscow . Vladimir Strzhalkovsky, General Director – Chairman of the Management Board of MMC Norilsk Nickel, presented to shareholders the ...
  • 2011-06-22 16:35:00
    Rusal and GAZ to develop new machinery for aluminium industry
    UC Rusal announces the start of a joint project with GAZ Group to develop new machinery for the aluminium industry. The prototypes will be tested by Rusal's Siberian facilities in September. GAZ engineering division specialists are developing a pot crust breaking machine, metal handling ...
  • 2011-06-22 00:18:33
    Mechel won license for iron ore deposit in Yakutia
    Mechel reported winning the auction for the subsoil license for Pionerskoye iron ore deposit. The auction was held by Russia’s Federal Subsoil Use Agency (Rosnedra), with the results announced on June 20, 2011. Yakutugol won the subsoil license. In accordance with the ...
  • 2011-06-21 17:42:17
    VSMPO-Avisma and AVIC signed an agency agreement
    VSMPO-Avisma Corporation and AVIC International Holding Corporation, Beijing (People’s Republic of China), one of affiliate companies of state owned Aviation Industry Corporation of China (AVIC) signed an Agency Agreement for sales of titanium and aluminium semi-finished products ...
  • 2011-06-20 15:44:16
    MMK’ hot-rolled galvanized steel accepted by Renaul
    Magnitogorsk Iron and Steel Works (MMK) has successfully passed technical audit completed by Renault. As a result, MMK has received the French carmaker’s approval that allows the steelmaker to ship its hot-rolled galvanized steel designed for inner parts of Renault automobiles. ...
  • 2011-06-17 17:02:08
    NLMK revamps its melt shop
    NLMK has started the installation of main equipment for the revamped Continuous Casting Machine No.3 (CCM) at its main production site in Lipetsk. As a result, CCM production capacity will increase by more than 300 000 tpa, up to 1 mln tpa. CCM-3 will produce a wide mix of high-quality ...
  • 2011-06-17 16:44:41
    Alcoa and VSMPO-Avisma sign memorandum of understanding for collaboration
    Alcoa and VSMPO-Avisma Corporation announced today they have signed a Memorandum of Understanding (MoU) to cooperate in the design and production of innovative light alloy die forgings and extrusions for the commercial transportation market, including solutions for light-weight rail car ...
  • 2011-06-16 17:58:13
    Volgograd Small Diameter Tubes Plant rises production
    In January-April of the current year, Volgograd Small Diameter Tubes Plant (VZTMD) produced 48 thousand tons of steel tibes up 134.1 percent compared to the same period of last year (20.5 thousend tons). In April, 2011 output rise by 109.8 percent to 12.8 thousand tons. In 2010, VZTMD ...
  • 2011-06-16 15:10:44
    En+ Group and Export-Import Bank of China sign $5bln cooperation agreement
    En+ Group, a leading Russian diversified mining, metals and energy group, and Export-Import Bank of China (China Eximbank), one of the largest international lenders, signed today an agreement on financing the development of mining and power projects in Eastern Siberia. The Agreement was inked ...
  • 2011-06-16 12:04:58
    TMK Premium Connections Receive ISO 13679 CAL IV Certification
    TMK, one of the world’s leading oil and gas steel pipe producers, announces that qualification tests of TMK PF premium connections have been successfully held in accordance with the ISO 13679 CAL IV standard. The tests were conducted at the Oil States Industries international testing ...
  • 2011-06-15 14:59:32
    Rusal abandons claim to declare invalid conversion of Norilsk Nickel shares into ADR and transaction with Trafigura
    Court of arbitration of Krasnoyarsk Territory dismissed the claim of UC Rusal Investment Management LLC against Corbiere Holdings Ltd., Raleigh Investment Inc., Trafigura Beheer B.V., Bank of New York International Nominees, Bank of New York Mellon, OJSC MMC Norilsk Nickel, OJSC Norilsk ...
  • 2011-06-14 14:10:41
    Mechel placed commercial papers at a sum of 5 billion Rubles
    Mechel, one of the leading Russian mining and metals companies, announces successful closure of the books for the placement of its commercial papers of the 19 series. On June 9, 2011 Mechel closed the books for the placement of its interest-bearing commercial papers of the 19 series with ...
  • 2011-06-10 15:55:43
    Vadim Makhov appointed as OMZ General Director
    OMZ Group Board of Directors has appointed Vadim Makhov as the General Director of OMZ. “We are happy that Vadim Makhov has accepted the Board’s offer to become the head of the company. OMZ is entering a very important stage of its development: the Group’s companies ...
  • 2011-06-09 00:29:47
    New tube production started in Siberia
    Industry Equipment Company launched three weldings steel tube line total capacity 1 thousand tonnes in month in Altay region (Siberia). The company plan to produced electrowelded tube of the different form (rectangular, square, round) section from 20 mm and diameter from 15 mm with thickness ...
  • 2011-06-08 17:55:34
    Rusal starts environmental modernisation at four plants
    UC Rusal announced the launch of environmental modermisation at four of its plants. The total investment into these projects is expected to amount to RUR5.5 billion (approx. USD200 million). New environmental projects have started at three Urals plants – the Bogoslovsky Aluminium ...
  • 2011-06-08 14:25:13
    Mechel launced modernized steelmaking complex at Otelu Rosu
    Mechel announced the launch of an modernized steelmaking complex at its Romanian-based subsidiary Ductil Steel Otelu Rosu. The complex’s launch was attended by Prefect of Caras-Severin Octavian Tunea, Fuchs Technology’s President Gerhard Fuchs, Mechel’s Chairman of the ...
  • 2011-06-07 13:58:20
    Dzhubga – Lazarevskoye – Sochi gas pipeline commissioned
    Gazprom commissioned the Dzhubga – Lazarevskoye – Sochi gas pipeline on the 6th of June, 2011. Sochi hosted the celebrations devoted to this event participated by Vladimir Putin, Prime Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management ...
  • 2011-06-07 11:31:03
    Chelyabinsk Zinc Plant increased sales in Russia
    In the January-March, 2011 Chelyabinsk Zinc Plant increased production of zinc and its alloys by 3% to 39,576 thousand tons. Approximately of 53.6% of metal has been sold in the Russian market (in January-March, 2011 - 44%). Besides, the directors board made decision to increase the ...
  • 2011-06-03 16:36:57
    Mechel announces new appointment in Chelyabinsk Metallurgical Plant
    Mechel, one of the leading Russian mining and metals companies, announces the appointment of a new Managing Director of its subsidiary Chelyabinsk Metallurgical Plant. Rashid Nugumanov, 53, was appointed Managing Director of Chelyabinsk Metallurgical Plant effective June 3, 2011. He ...
  • 2011-06-02 17:01:20
    MMK reduces specific emissions
    Magnitogorsk Iron and Steel Works (MMK) in-house environmental management system (EMS) study shows that the Group reduced emissions per unit of finished product by 6.34% y-o-y in 1Q 2011. The EMS study was carried out to determine ways to improve the efficiency of environmental ...
  • 2011-06-02 13:45:51
    Russian copper industry increases production
    According to figures released by the Federal Statistic Service in April of the current year copper output rose by 3.7 percent year on year. Federal Statistic Service also informed about copper semi products production. For example, copper bars and profiles output increased by 3.0 percent ...
  • 2011-06-01 13:37:13
    New rolling plant to be built in Ryazan region
    The government of the Ryazan region, administration of Pronsky municipal area and Trabikum Limited have signed the agreement about building of steel rolling plant. New plant will produce 2.5 million tons of hot rolled sheets in year, investments will be more than 47.5 bullion roubles ...
  • 2011-05-27 10:20:18
    RUSAL aims to reduce skilled labor scarcity in Guinea by educating 100 local students in Russia’s best universities
    RUSAL, the world’s largest aluminium producer, is pleased to announce the launch of a unique education programme the “RUSAL Scholarship-2011”. The RUSAL Scholarship will provide 100 talented young Guineans aged between 18 and 25 the opportunity to be educated in ...
  • 2011-05-27 10:18:14
    Vladimir Strzhalkovsky, Director General, MMC Norilsk Nickel, held meetings with investors in USA
    Norilsk Nickel reports the results of business trip to the USA of Vladimir Strzhalkovsky, General Director of the Company. Vladimir Strzhalkovsky held a number of meetings with institutional investors - holders of the Company shares in the USA (New York and Boston) on May 19 and May 20. ...