2012-10-12 14:31:36 Russian Steel’s position on increase of import customs duties on metal equipment
Since Russia became a WTO member a significant number of machine-building companies have shown initiatives for need to adapt and support the industry.
Russian Steel Members are sympathetic to these initiatives but have to state that a lot of machine-builders’ propositions, ...
2012-10-12 14:24:57 OMK Casting and Rolling Complex has confirmed the compliance with international standard ISO 9001
The Casting and Rolling Complex (CRC, branch of OMK Steel, city of Vyksa, Nizhny Novgorod region, part of the United Metallurgical Company, UMC) has confirmed the compliance of its quality management system certificate with the requirements of international standard ISO ...
2012-10-09 15:55:34 KOKS Group updates development of Lutuginsky Seam at its Vladimirskaya Mine
KOKS Group, the world’s largest exporter of merchant pig iron and a leading producer of merchant coke in Russia, announces that its subsidiary Koks-Mining continues development of Lutuginsky seam of its Vladimirskaya mine. The first portion of coal of this seam is expected to be ...
2012-10-09 15:47:57 Severstal Resources holds competition for mining students
Severstal Resources, the mining division within Severstal, one of the world’s leading steel and steel-related companies, has held a competition open to students at mining colleges in Russia in order to recruit young professionals.
Anna Butova, manager, HR Department, commented: ...
2012-10-08 10:04:00 OMZ-Izhora’s Research Center simulates casting of a 500-ton supersized ingot
OMZ Izhora’s Research Center held its Science and Engineering Board meeting dedicated to the results of the research work named “Calculations of crystallization of 500-ton ingots, casted from two types of steel: 26HNZM2FA and 45HZMF using computer modeling”, which became ...
2012-10-05 10:07:00 TMK IPSCO hosts open house at Houston R&D Center
TMK IPSCO, the North American division of global pipe manufacturer TMK, hosted an open house on October 1 at its new Research & Development Center located at 10120 Houston Oaks Drive in Houston, Texas. During the event, visitors toured several areas of the facility, including the ...
2012-10-05 07:21:40 VSMPO-Avisma signed Memorandum of Cooperation
VSMPO-AVISMA Corporation was visited by the Indian delegation of the representatives of the Indo Russian Science and Technology Centre (IRSTC), the Indian Government’s Department of Science & Technology, a public sector enterprise Mishra Dhatu Nigam Limited (MIDHANI) specializing ...
2012-10-04 10:01:00 EVRAZ announces purchase of two sims metal management assets
EVRAZ plc announces the purchase of two recycling assets from Sims Metal Management. Located in Denver and Colorado Springs, Colo., the scrap yards will become part of EVRAZ Recycling, a division of EVRAZ North America. The purchase price is not disclosed.
“This acquisition will ...
2012-10-04 10:01:00 RUSAL announces Board changes
RUSAL, the world’s largest aluminium producer, announces changes in the composition of its Board of Directors. Mr Barry Cheung resigns as Chairman of the Company with effect from 1 October 2012, but will remain as an independent non-executive director of the Company.
The Board is ...
2012-10-03 17:26:54 The program of "Russian metal and steel market - 2012" Conference
Russian metals market is an example of a stable and positive development compared to stagnating other foreign markets. Almost all segments have restored pre-crisis levels of production and consumption/ А major investment policy is being conducted, new production facilities are being launched ...
2012-10-03 10:07:00 Severstal and NOVATEK concluded gas supply contracts
Severstal, announced today the conclusion of new mid-term natural gas supply contracts with NOVATEK for several Severstal Russian Steel division enterprises. The natural gas supply contracts have been signed for a period of five years effective 1 January 2013, with the total volume of ...
2012-10-02 10:02:00 METALLOINVEST announces financial results for the first half of 2012
METALLOINVEST, a leading global iron ore and HBI producer based in Russia, today announces its audited IFRS financial results for six months ended June 30, 2012.
Financial Highlights
- Consolidated revenue US$ 4,458 million (-7.6% h-o-h[1])
- EBITDA US$ 1,642 million (-13.1%) ...
2012-10-02 10:01:00 Norilsk Nickel commemorates the first anniversary of its tanker sea-going
MMC Norilsk Nickel (hereinafter, “MMC Norilsk Nickel” or “the Company”) announces that today, the Company commemorates the first anniversary of Yenisey ARC7 ice-class tanker’s sea-going.
Sailing under Russian flag, Yenisey tanker takes freights on the ...
2012-10-01 15:52:21 Metal-Expo’2012 exhibitor list has been pasted on the website
The exhibitor list and the detailed business program of Metal-Expo’2102, 18th International Industrial Exhibition have been pasted on http://www.metal-expo.ru/en/listpart/
Before visiting the event professional in the steel and steel-related industries can study exhibitor list ...
2012-10-01 10:10:57 Severstal Dearborn presented new environmental technologies to the local ecologists
Severstal North America, a Dearborn, Michigan-based steelmaker, hosted a tour of local environmental organizations highlighting its latest progress in pollution prevention, air, water and energy control, and recycling. The tour consisted of a driving visit of the entire plant and a ...
2012-09-28 10:07:46 Norilsk Nickel Board of directors approves reduction of 2012 investment expenditures
Norilsk Nickel (Norilsk Nickel or the Company) announces of today’s approval of the 2012 investment expenditures reduction granted by the Company’s Board of Directors, as proposed by the management.
The scope of investment reduction steps will bring down the budgeted 2012 ...
2012-09-28 10:05:51 TMK commissions new production lines at TMK-INOX
TMK-INOX, a subsidiary of TMK, has commissioned a shop manufacturing stainless steel and alloy-based welded precision pipes.
Two welding lines produced by Italy’s OLIMPIA 80 Srl, a leading manufacturer of pipe welding equipment, were installed at the plant. At the next stage of ...
2012-09-27 10:48:18 Results of NLMK Board of Directors meeting
NLMK, the leading global steelmaking company, today announced that its Board of Directors (“the Board”) has considered the proposal to nominate Mr. Oleg Bagrin, Executive Vice President and a member of NLMK Group’s Board of Directors, as candidate to the position of NLMK ...
2012-09-27 10:06:00 Mechel reports decisions made by Board of Directors
Mechel Board of Directors held a meeting on September 21, 2012, with the agenda including, among other issues, the measures on restructuring the Group’s assets in order to improve the company’s financial performance and increase its shareholder value, in view of the revised ...
2012-09-26 10:18:00 Interim dividend for six months ended 30 June 2012 - determination of currency amounts
According to the announcement of EVRAZ plc interim financial results for H1 2012 on 30 August 2012, the Company declared an interim dividend of US$0.11 per share. The dividend will be paid on 5 October 2012 to ordinary shareholders who were on the register on 7 September 2012.
The interim ...
2012-09-25 10:34:53 Preliminary results of MMC Norilsk Nickel under IFRS for 1H 2012
Norilsk Nickel, the world’s largest nickel and palladium producer, announces that estimated net profit of the Group under IFRS for 1st half of 2012 shall amount to more than USD 1.4 billion in accordance with the preliminary financial results.
As per preliminary estimates, in the ...
2012-09-25 10:26:00 TMK Announces Resolutions of the Board of Directors
TMK, one of the world’s leading oil and gas steel pipe producers, today announces that OAO TMK Board of Directors has decided to convene an Extraordinary General Meeting of Shareholders (EGM) in the form of an absentee voting on November 2, 2012.
The record date for the list of ...
2012-09-25 10:12:00 Metal-Expo Exposition and Program of Events to Complete
The next Metal-Expo event will be held on November 13 – 16, at the All-Russia Exhibition Center Fairgrounds, Moscow. This year ferrous and non-ferrous producers with the total capacities exceeding 200Mt of rolled products, tubes, steel products and structures will present their ...
2012-09-24 10:01:00 RUSAL delivered medical cargo to combat cholera outbreak in Sierra Leone
RUSAL, the world’s largest aluminium producer announces the successful completion of a humanitarian mission to deliver medical cargo to combat and prevent cholera for hospitals in Sierra Leone, Western Africa. More than 25 tonnes of cargo was passed onto the health facilities of the ...
2012-09-24 10:01:00 Mechel reports resumption of coal mining at New-Olzherassk Underground Mine
Mechel, one of the leading Russian mining and metals companies, announces that coal mining at Southern Kuzbass Coal Company OAO’s New-Olzherassk Underground has been resumed.
Industrial reserves of coal at the mine’s long wall face 21-1-7 are 350,000 tonnes, with the mining ...
2012-09-21 10:01:00 Norilsk Nickel will increase the capacities of Zapolyarny mine
Norilsk Nickel announces that design works aimed at increasing disseminated ore output at Zapolyarny Mine have been completed. On September 14, 2012 a complete set of documentation and engineering research results were submitted to the Federal Autonomous Institution State Expert Appraisal ...
2012-09-21 10:01:00 Investors welcomed at Izhora Pipe Mill
Representatives of major international investment funds have visited Izhora Pipe Mill, which is part of Severstal Russian Steel Division.Among the foreign guests who have visited the facility which supplies large-diameter pipes to leading oil and gas projects, were representatives of East ...
2012-09-20 10:15:00 Chelyabinsk Zinc Plant announces appointment of new CEO
The Board of Directors of Chelyabinsk Zinc Plant decided to appoint Rinat Shakirzyanov as General Director due to nomination of Andrey Panshin as Technical Director of
LLC “UMMC-Holding”. “For the time that Andrey Panshin was the head of CZP, the plant was significantly ...
2012-09-20 10:01:58 EVRAZ announces the signature of a five year contract with Uralvagonzavod
EVRAZ has signed a five year contract with UVZ agreeing the supply of metal products. The agreement was signed in Berlin at the international “Innotrans-2012” exhibition.
The contract is valid from 2012 till 2017 and establishes mutual obligations for the purchase of metal ...
2012-09-19 10:01:00 RUSAL to upgrade powder production
RUSAL, the world’s largest aluminium producer, announces an increase in powder production due to the launch of unique equipment and the introduction of the new types of products.
In the first half of 2012 the total volume of powder products, produced by UC RUSAL subsidiaries, has ...
2012-09-18 10:07:51 EVRAZ signs a Memorandum of Understanding with GHH-Valdunes International
EVRAZ and GHH-Valdunes International (“GHH-Valdunes”) have signed a Memorandum of Understanding that outlines both parties’ intention to collaborate in the marketing and distribution of their steel wheel products. A final agreement is expected to be signed in December, ...
2012-09-18 10:04:09 Severstal to supply rolled products for manufacturing of Beko and Vestel household appliances
Cherepovets Steel Mill, one of the world’s largest integrated steel plants (part of Severstal Russian Steel Division) expands its cooperation with producers of household appliances.
For the first time Severstal signed a quarterly agreement with Beko for the delivery of cold-rolled ...
2012-09-17 10:01:00 VSMPO-AVISMA Corporation sign Memorandum of Cooperation
VSMPO-AVISMA Corporation was visited by the Indian delegation of the representatives of the Indo Russian Science and Technology Centre (IRSTC), the Indian Government’s Department of Science & Technology, a public sector enterprise Mishra Dhatu Nigam Limited (MIDHANI) specializing in ...
2012-09-14 10:28:29 International ecological conference has started in Norilsk
MMC Norilsk Nickel announces that III International Ecological Conference on environmental protection and industrial operations in northern conditions started today in Norilsk. The Conference is carried out within the framework of implementation of the program to considerably reduce the ...
2012-09-14 10:23:29 Mechel reports Russian Railways President Vladimir Yakunin’s visit to Elga Coal Complex
Mechel, one of the leading Russian mining and metals companies, reports that Russian Railways OAO’s President Vladimir Yakunin visited Elga Coal Complex’s facilities.
During the working visit, Russian Railways OAO’s President Vladimir Yakunin, together with Chairman of ...
2012-09-13 10:04:20 Koks Group updates on construction progress of new iron ore mining level of Kamruda Mine
Gubkin, Russia - KOKS Group, the world’s largest exporter of merchant pig iron and a leading producer of merchant coke in Russia, announces that its subsidiary Kombinat KMAruda OAO continues tunneling operations to develop a new working level at its Gubkin mine. Construction is within ...
2012-09-13 10:01:00 NLMK closes the order book for RUB5 billion 07 series bond issue
NLMK, the leading global steelmaking company, closed the order book for its 07 bond issue series with a nominal value of RUB1,000 per bond on September 11, 2012. The issue has a total value of RUB5 billion, a maturity period of 10 years and with a buy back offer in 2.5 years.
In the ...
2012-09-12 10:13:45 OMZ-Izhora research center confirmed right to produce equipment for nuclear plants
OMZ-Izhora research center, part of OMZ Group, has successfully passed the document expertise procedure, and received permission to produce equipment for nuclear plants.
As a result of the expertise OMZ-Izhora has received the license, which confirms the right to produce nuclear power ...
2012-09-12 10:10:21 Mechel announces signing cooperation agreement on supplies of coal products
Mechel, one of the leading Russian mining and metals companies, announces the signing of a cooperation agreement for supplying OJSC “RAO Energy Systems of East” with coal from Elga Coal Complex.
As part of an official meeting during the Business Summit of the Asia Pacific ...
2012-09-11 10:01:00 Hydrocracking reactors made by Izhorskiye Zavody successfully delivered in Tuapse
Three hydrocracking reactors made by Izhorskiye Zavody, part of OMZ Group, have been successfully delivered to the customer - Tuapse refinery (enters Rosneft).
Hydrocracking reactors for Tuapse refinery are unique high-tech products for deep oil refining and production of high quality ...
2012-09-11 10:01:00 Mechel reports Chairman of Mechel Board of Directors meeting with POSCO Chief Executive Officer
Mechel, one of the leading Russian mining and metals companies, reports the meeting between Chairman of Mechel OAO’s Board of Directors Igor Zyuzin and POSCO Chief Executive Officer Chung Joon-Yang during the Business Summit of the Asia Pacific Economic Cooperation (APEC).
During ...
2012-09-10 15:54:16 Mechel announces signing long-term partnership agreement with STX Group
Mechel, one of the leading Russian mining and metals companies, announces the signing of a long-term partnership agreement with South Korea’s STX Group during the Business Summit of the Asia Pacific Economic Cooperation (APEC).
Chairman of the Board of Directors Igor Zyuzin signed ...
2012-09-10 15:47:27 OMZ Special Steels produced punching blanks of the record size
Experts of OMZ Special Steels, part of OMZ Group, mastered the technology of half-end’s stamping for large petrochemical vessels.
Successfully completed the manufacture of an experimental batch of blanks for the reactor R-201, which has been manufactured by Izhorskiye Zavody for ...
2012-09-10 13:25:21 Global aluminum conference in Moscow
This week, on September 12-14, in Moscow the 27th International Aluminum Conference will begin its work.
The Conference is organized by Metal Bulleting and US RUSAL as a lead sponsor.
Metal Bulletin Conference is a key event in the aluminum industry, a leading platform for ...
2012-09-07 13:50:08 TMK signs contract with Halliburton
TMK, one of the world's leading producers of tubular products for the oil and gas industry, has signed a contract with Halliburton International Inc. to provide threading services.
TMK Central Pipe Yard (Buzuluk, Orenburg Region), which is part of TMK Oilfield Services, will be ...
2012-09-07 10:13:00 Norilsk Nickel’s Management Board faces changes
At the scheduled meeting of the Board of Directors of MMC Norilsk Nickel the Board resolved to make changes to the composition of the Company’s Management Board and established that the Management Board shall be comprised of seven members.
Starting from 24.08.2012, powers of member ...