2010-06-02 10:35:17 VSMPO-AVISMA Corporation successfully obtained accreditation of Internal Export Control Program
Control Program
Federal Technical and Export Control Service (FTECS) of Russia issued Certificate of State Accreditation of Internal Export Control Program (IECP) to VSMPO-AVISMA Corporation.
State accreditation represents the work of executive authorities carrying out export control ...
2010-06-02 10:30:28 Severstal and Endeavour Financial reach agreement for building value in Crew Gold Corporation
Moscow, George Town, Grand Cayman and London, England, June 1, 2010 - OAO Severstal (“Severstal”) (LSE: SVST; RTS: CHMF) and its subsidiary Bluecone Limited, and Endeavour Financial Corporation (TSX: EDV) and its subsidiary Endeavour Financial Luxembourg SARL (collectively, ...
2010-06-01 10:22:42 OMK starts dispatching pipes for link 2 of North Stream Gas Pipeline
Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), has dis-patched its first 3.5 thousand tonnes of large-diameter pipes for the construction of the second link of the North Stream gas pipeline, which will connect Russian and Germany via the Baltic ...
2010-06-01 10:19:11 OMZ Group, OAO NPO TsNIITMASH and OAO AHK VNIIMETMASH sign a strategic partnership agreement
On May 25 OMZ Group signed a general strategic partnership agreement with two leading Russian engingeering research institutes, OAO Scientific and Production Facility 'Central Scientific and Research Institute for Engineering Technology (OAO NPO TsNIITMASH) and OAO Joint Stock Holding Company ...
2010-05-31 11:06:15 Evraz repays Vnesheconombank loan
Evraz Group (LSE: EVR) ("Evraz" or the "Company") announces that it has fully repaid a US$1,007 million loan to Russia's State Corporation Bank for Development and Foreign Economic Affairs "Vnesheconombank” (VEB). This transaction was announced at the time of ...
2010-05-31 11:03:49 Mechel’s Board recommends dividend amount
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its Board’s dividend recommendation.
On May 28, 2010, Mechel’s Board of Directors recommended to the annual general shareholders’ meeting annual dividend of 1.09 rubles per one ...
2010-05-21 11:16:51 Professional publication for international partners
Metal Supply & Sales has pasted Metal and Steel Markets in Russia, a special English issue on the English version of the website. In 2010 the English version will be distributed at all the leading international trade shows including Bauma, Lamiera, Aluminium, Metals&MetallurgyChina ...
2010-05-21 10:51:46 In Jesenice important property issues for Acroni are settled
After a great crisis after 1990, several unsolved properly and legal relations existed between the Jesenice Municipality and the steelworks Zelezarna Jesenice, the legal successor of the former steelworks and a member of the group Slovenska Industrija Jekla (SIJ). The agreement was signed on ...
2010-05-21 10:41:45 Severstal North America sells remaining Northern Steel Group assets
Severstal North America announced today that it has signed and completed the sale for its three remaining businesses operated under Northern Steel Group, Inc., to Esmark Inc.
The assets that were sold to Esmark are Independent Steel (Ohio), Sun Steel (Ill.) and Century Steel (Ill.). ...
2010-05-20 10:43:28 Results of Evraz Group annual general meeting
Evraz Group (LSE: EVR) ("Evraz" or the "Company") announces that at its Annual General Meeting held on May 17 in Luxembourg all the resolutions were passed.
In particular, the shareholders approved the Directors' Report and the consolidated and stand-alone financial ...
2010-05-20 10:21:36 TMK announces Board of Directors decisions
TMK (LSE:TMKS), one of the world’s leading producers of steel pipes for the oil and gas industry announces that the OAO “TMK” Board of Directors has decided to convene an Annual General Meeting of Shareholders (AGM) on June 22nd 2010 in Moscow.
The OAO “TMK” ...
2010-05-19 11:37:37 Izhorskiye Zavody to ship hydrogenerator stator casing to Sayano-Shushenskaya hydro power plant
Izhorskiye Zavody, a part of OMZ Group, had manufactured and shipped the hydrogenerator stator casing for the rebuilding of Sayano-Shushenskaya hydro power plant.
The casing weighs about 100 tons.
Manufacturing contract for the hydrogenerator stator was signed in December 2009. The ...
2010-05-19 11:31:28 Severstal North America completes sale of select Northern Steel Group assets to Aurora Resurgence
Severstal North America has completed the sale of certain assets operated under Northern Steel Group, Inc., a leading steel services business, to an affiliate of Aurora Resurgence, a Los Angeles, Calif., private equity fund.
The sale includes Miami Valley Steel Service, Piqua, Ohio; ...
2010-05-18 12:36:51 Norilsk Nickel to hold the Investor Day in London
Today Norilsk Nickel (“MMC Norilsk Nickel” or “the Company”, or “the Group”) will hold the Investor Day in London. In the course of this event top managers of MMC Norilsk Nickel will make presentations for investors and analysts disclosing their vision of ...
2010-05-18 11:22:01 Electrozinc has gained 127.180M roubles net profit in Q1 2010
Electrozinc Vladikavkaz (part of Urals Mining and Metallurgical Company) announced production results in Q1 2010. In January - March 2010 the company has gained 1.086bn rubles profit including 591.806M rubles zinc sales income and 297.233M rubles lead sales income. Net profit reached 127.180M ...
2010-05-18 10:45:26 Evraz Group to issue Q1 2010 trading update
Evraz Group S.A. (LSE: EVR) (“Evraz”) issued its first quarter of 2010 trading update.
Highlights:
* Revenue for the three-month period ended 31 March 2010 was US$2,970 million
* Adjusted EBITDA was US$424 million with adjusted EBITDA margin of 14.3%
* Interest ...
2010-05-17 10:33:56 NLMK to purchase 100% stake in Kaluga Electric Steelmaking Plant
On May 14, 2010 NLMK purchased a 100% stake in CJSC Kaluga Electric Steelmaking Plant (KNPEMZ) from LLC Metallurgical Holding (a Maxi-Group subsidiary) for a total consideration of RUR 604.5m. The value of the company’s stake was determined by an independent appraisal. The main ...
2010-05-17 10:31:12 TMK participated at Offshore Technology Conference in Houston
TMK, one of the world’s leading producers of steel pipes for the oil and gas industry, announces that it took part in the Offshore Technology Conference (OTC). The conference took place May 3-May 6 in Houston, Texas (USA). The OTC is the world’s largest annual conference dedicated ...
2010-05-14 10:41:54 Mechel announces board of directors’ resolutions
Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces resolutions adopted by the company’s Board of Directors.
Mechel OAO’s Board of Directors meeting was held on May 12, 2010. The following resolutions were adopted at the meeting:
1. ...
2010-05-14 10:40:08 Severstal invests in iron ore projects in Congo and Gabon
OAO Severstal, one of the world’s leading integrated steel and mining companies, announces the multi-stage acquisition of new shares in Core Mining Limited. Core controls exploration licenses for the Avima iron ore deposit in the Republic of Congo (Brazzaville) and the Kango iron ore ...
2010-05-13 10:33:46 Aluminium profiles and structures manufacturers will gather in Moscow
Two weeks are left until the beginning of Aluminium: Alloys, Rolled Products and Profiles for Industry and Construction, 2d International Conference (May 26, Moscow).
Heads and professionals of aluminium, companies, steel traders, construction companies and official from the governmental ...
2010-05-12 11:52:38 Gurievsk Steel Mill to increase output
Gurievsk Steel Mill produced 18.6kt of open-hearth steel in April 2010 which is 88% more as compared to a corresponding period of 2009 (9.9kt). In April the mill produced 19.9kt of marketable rolled products which is almost 5times more compared to April 2009 (3.9kt) including 8.4kt of ...
2010-05-12 11:40:10 Severstal announces Q1 scrap procuring operational results
Over the first 3 months 2010 the total volume of ferrous raw materials supplied by Severstal-Vtormet (scrap procuring division) increased by 40% reaching 152kt as compared to a corresponding period of 2009. The share of Cherepovets Steel Mill in the dispatch structure has increased by 65% ...
2010-05-11 12:11:32 Russian aluminium exports increased by 5.8% in Q1
According to the statistics provided by the Federal Customs Service of the Russian Federation crude aluminium exports from Russia reached 827.5kt to the total amount of $1.448bn in Q1 2010 (the amount increased by 5.8% as compared to a corresponding period of 2009). Russian aluminium export ...
2010-05-07 11:55:37 Zlatoust Metallurgical Works raised output in April
Zlatoust Metallurgical Works produced more than 35.2kt of finished products and melted 20.6kt of steel on open-hearth and electric furnaces in April. Output of marketable products in April increased by 16% as compared to March, while steel output increased by 14%. Demands for stainless steel ...
2010-05-07 11:48:12 The biggest manufacturers of aluminium rolled products will gather in Moscow
In less than 3 weeks Aluminium: Alloys, Rolled Products and Profiles for Construction, 2d International Conference organized by Metal Supply & Sales magazine will begin in Moscow. The conference will be held during Auminium/Non-Ferrous-2010 exhibition.
One of the sessions will be ...
2010-05-06 13:25:27 MMK-Metiz plans to increase output
In 2010 MMK-Metiz plans to produce and sell 375.5kt of marketable products which is 21% more as compared to 2009. In 2009 the plant reduced output by 54% from 668kt produced in 2008.
In 2010 the major investment projects of the plant include buying and setting up of production lines ...
2010-05-06 13:14:10 Rostov Electric-Metallurgical Plant increase billets output in April
Rostov Electric-Metallurgical Plant output in April exceeded 61.2kt of continuous cast billets which is 2% more compared to March. Over the first 4 month 2010 the Plant produced more than 204.8kt of billets which is 57% more compared to the corresponding period last year (130.2kt).
Sales ...
2010-05-05 10:57:54 Acroni enters the market of steel armour plates
At the beginning of April, tests were conducted on the ballistic protection of the new generation of armour plates PROTAC by Acroni, the SIJ Group – Slovenska industrija jekla, in Nikinci in Serbia. The aim of the tests was to determine the level of ballistic protection according to the ...
2010-05-05 10:49:58 Russian Steel-Makers have Already Taken up Almost 1/3 of Export Quotas to EU
According to the statistical report of the European Commission Russian steel enterprisers supplied more than 1.01Mt of steel to EU in January – April 2010 having taken up 31.7% of the export quota set up by the EU. According to an agreement signed between the Russian Federation and the ...
2010-05-04 12:35:37 NLMK product quality complies with international standards
Novolipetsk Steel has passed a series of audits conducted by TÜV CERT, the independent German certifying agency. During the audit procedure, TÜV CERT experts examined the Company’s overall Quality Management System confirming its compliance with international standard ISO ...
2010-04-30 11:17:01 Domestic sales of aluminium profiles raised in Q1 2010
O. Dolgopolov, Deputy Director General for Commerce, Agrisovgaz stated at an open session of the Russian Union of Metal and Steel Suppliers in Moscow that domestic sales of aluminium profiles had raised 30 to 50% in Q1 2010 as compared to a corresponding period of 2009. However, O. Dolgopolov ...
2010-04-30 10:49:06 Evraz sells the Koksovaya coal company to Raspadskaya
Evraz Group announces the closing of the transaction to sell 100% of the voting shares of ZAO Koksovaya (“Koksovaya”), a wholly owned subsidiary of Evraz’s Yuzhkuzbassugol, to ZAO Raspadskaya-Koksovaya, part of OAO Raspadskaya coal company (both hereinafter referred to as ...
2010-04-29 10:30:58 Aluminium market in search for new ideas
Now a slight raise in demand has been registered in the Russian aluminium market; however, nobody knows how long it will last. For example although construction sector accounts for half of the total aluminium profiles consumption now only a few new projects have been recently launched. ...
2010-04-29 10:09:08 MMK announces financial results under Russian Accounting Standards for Q1 2010
The results reflect MMK (parent company) operations only and may vary significantly from the consolidated financial results under IAS.
.
-MMK produced 2.453 mln tons of finished products in Q1 2010
-MMK revenue under RAS increased by 6% compared to Q4 2009 and amounted to RUR ...
2010-04-28 12:05:22 Chelyabinsk Zinc Plant increased zinc production in Q1 2010
Chelyabinsk Zinc Plant increased zinc production by 58.5% to 38.57kt in Q1 2010 as compared to corresponding period of 2009. Output of zinc and its alloys has increased by 5.1% compared to QIV 2009. Domestic supplies reached 44% of the total zinc output.
The total amount of iron ore ...
2010-04-28 11:49:16 Mechel produced 1.4Mt of steel in Q1 2010
According to operational results announced by Mechel in Q1 2010 the company increased production of coking coal concentrate to 2.4Mt (+230% as compared to corresponding period of 2009), production of steam types of coal in Q1, on the contrary, dropped by 21% reaching 2.3Mt, steel production ...
2010-04-27 11:01:05 Volga-FEST increased output by 1/3 in Q1
Volga-FEST, Frolovo Electric Steel-Making Plant, part of Estar Group in January-March 2010 produced nearly 63kt of square billets which is 34% more compared to a corresponding period in 2009 (47kt). In Q1 the company sold nearly 66kt of products. The plant being sufficiently supplied with raw ...
2010-04-27 10:31:17 Mechel announces offering of preferred shares by certain selling shareholders
Mechel, one of the leading Russian mining and metals companies, today announced the launch of a public offering (the "Offering") by certain selling shareholders of preferred shares and preferred American Depositary Shares, each representing an interest in one-half of one preferred ...
2010-04-26 11:42:39 NLMK facilities to help set up rails production at Chelyabinsk Metallurgical Plant
Ural’s Scientific Research Institute of Architecture and Construction has signed a contract with Minmetals Engineering Co. Ltd. (China) to jointly design 100 meter long rails production with the capacity of 1.1 Mt/y at Chelyabinsk Metallurgical Plant.
The project includes use of a ...
2010-04-26 11:10:04 Nadvoitsy Aluminium Smelter to increase output
In Q1 output of Nadvoitsy Aluminium Smelter increased by 15.7% as compared to a corresponding period in 2009. The smelter resumed production of aluminium alloys for the automotive industry under direct agreements with international partners. Due to positive trends in the aluminium market the ...
2010-04-23 10:34:52 Mechel announces acquisition of laminorul Braila Metallurgical Plant in Romania
Mechel one of the leading Russian mining and metals companies, announces acquisition of Laminorul Braila metallurgical plant located in Romania.
On February 25, 2010 Mechel acquired 100% of the shares of Donau Commodities SRL, which holds 90.9% of the shares of Laminorul SA (Laminorul ...
2010-04-22 13:05:42 Izhorskiye Zavody successfully completed acceptance tests of hydro cracker unit for TANEKO
Izhorskiye Zavody, a part of OMZ Group, had successfully completed acceptance tests of a R0101 hydro cracker unit for the new OAO TANEKO advanced oil processing facility in Nizhnekamsk. The contract for two reactors was signed in 2007.
The hydro cracker unit is an unique unit, featuring ...
2010-04-22 12:48:54 Trubodetal launches new unique product
Trubodetal, part of United Metallurgical Company (OMK), has produced its first batch of split T-branches at the request of Transneft.
Four split T-branches two T-branches 1,220x159 and two T-branches 1,067x159 were shipped by the welding division of Thermal Press and Welding Workshop No. ...
2010-04-14 12:55:06 Rusal strengthens its senior management team
UC Rusal announces the appointment of Vladislav Soloviev, who was previously CEO of the En+ Management LLC, to the newly established position of First Deputy CEO of RUSAL. Before joining the EN+ Management LLC, Vladislav Soloviev held various senior executive positions with ...