News archives

Page 1 of 58
«First  ←Previous         Next→  Last»
  • 2016-01-19 13:00:27
    In 2015 NLMK Group sold about 16 million tons of steel
    NLMK Group sales in 2015 increased by 5% to a record 15.9 million tons. Production stabilized at 15.9 million tons. Capacity utilization rates at NLMK Group production facilities exceeded 90%. 12M 2015 highlights: · 2015 crude steel output remained ...
  • 2016-01-18 06:00:46
    Rusal changed top managers in Aluminium Division
    Rusal announced a number of senior staff appointments within its Aluminium Division. Evgeny Popov has been appointed as Managing Director of Sayanogorsk Aluminium Smelter (SAZ). Prior to the appointment, Mr Popov worked as Director of Production Department of the Aluminium ...
  • 2016-01-13 17:04:45
    TMK and Rosneft will cooperate in offshore projects
    The leader of the Russian oil industry Rosneft and TMK, one of the world’s largest producers of pipes for the oil and gas industry, have signed a partnership memorandum regarding the implementation of the program of import substitution of pipes for offshore projects. The ...
  • 2016-01-12 16:00:24
    Norilsk Nickel received credit from Chinese banks
    Today Norilsk Nickel (hereafter, Norilsk Nickel or the Company) announced the signing of a 5-year RMB 4.8 billion syndicated revolving credit facility agreement (which equals to 730 million USD as of the date of the agreement). The transaction is arranged by three largest ...
  • 2015-12-30 16:45:03
    TMK completed a deal with VTB
    TMK on December 29, 2015, completed a deal with VTB Bank to raise around 10 billion rubles by selling its shares. Part of the shares will be delivered in the course of 2016. TMK has a right to buy the shares back. The funds will be used to reduce debt by repaying bank loans ...
  • 2015-12-24 17:47:23
    TMK and MMK agree on price formula for steel sheet
    TMK and Magnitogorsk Iron & Steel Works (MMK) signed an agreement to apply a price formula for hot-rolled heavy plate supplied to TMK. The document was signed by Alexander Shiryaev, CEO of TMK, and Pavel Shilyaev, CEO of MMK. The price formula is based on the direct cost ...
  • 2015-12-23 16:50:08
    TMK shippes pipe products with GreenWell for an offshore field
    TMK shipped premium pipe products with lubricant-free coating GreenWell for Lukoil-Nizhnevolzhskneft. The supply included 32 tonnes of 177,8 mm P110-grade casing pipes and pipe nipples with TMK UP PF ET premium connection. Pipes were manufactured at Taganrog Metallurgical Works, pipe nipples ...
  • 2015-12-21 15:41:46
    Rusal announced new sales appointment
    UC Rusal announces the appointment of Chris Evans as Project Director for Price Benchmarking. Chris Evans will be responsible for maintaining the effectiveness of current price discovery mechanisms as well as working with customers to implement alternative pricing options. ...
  • 2015-12-17 16:00:48
    Rusal joins Aluminium Stewardship Initiative
    UC Rusal announced that it has joined the Aluminium Stewardship Initiative (ASI) with a view to take part in developing global sustainability standards for international application in the aluminium value chain. The ASI standards are designed to be applicable to all stages of ...
  • 2015-12-17 06:00:52
    OMK holds successful trials of new pipeline and fitings
    The oil and gas pipelines made at Vyksa Steel Works (VSW, part of United Metallurgical Company, OMK Joint Stock Company, Moscow) and pipeline fittings made at Trubodetal factory (part of OMK) from the company’s own patented 05KhGB steel grade have successfully passed benchmark and ...
  • 2015-12-16 14:20:22
    Norilsk Nickel is to launch new cobalt production
    Kola Mining-and-Metallurgical Company (Norilsk Nickel subsidiary) is at the final stage of mastering the process of premium-grade marketable cobalt production on commercial scale. Voltage was applied across the electrolysis baths at cobalt production section of the nickel tankhouse. The ...
  • 2015-12-16 14:15:28
    NLMK Group improves quality of cold-rolled uncoated steel
    NLMK Group has launched a new strip straightening machine at its Novolipetsk site to improve the surface quality of uncoated cold-rolled steel. The straightening machine improves the geometric parameters of the product by eliminating irregularities at the edges and in the ...
  • 2015-12-03 12:00:04
    MMK increases shipments to foreign carmakers
    Magnitogorks Iron and Steel Works (MMK) is increasing industrial shipments to foreign carmakers with localised production in Russia. Shipment volumes in this segment increased four times year on year in 2015 as a share of MMK’s total shipments of automotive sheet. ...
  • 2015-11-30 05:00:42
    Rusal and PhosAgro launched aluminium fluoride production
    Rusal announced the opening of an aluminium fluoride production plant at PhosAgro-Cherepovets. The new plant will have a production capacity of 43,000 tons per year. Russia’s Deputy Prime Minister Arkady Dvorkovich, Vologda Region Governor Oleg Kuvshinnikov, PhosAgro CEO ...
  • 2015-11-24 16:45:20
    Metalloinvest and Evraz signed long-term agreement
    Metalloinvest and Evraz have signed a five-year agreement based on formula pricing for the supply of steel grinding balls. The products from EVRAZ will be delivered to Mikhailovsky GOK and Lebedinsky GOK, as well as OEMK. Metalloinvest and Evraz have established a long-term ...
  • 2015-11-18 10:00:56
    Severstal to build second ladle furnace at CherMK
    Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has begun construction of a second ladle furnace at the company’s flagship Cherepovets Steel Mill. The new furnace will have a capacity of 4.8 million tons. Launch of the ...
  • 2015-11-17 12:22:57
    NLMK Group’s electrical steel wins gold award at Metal-Expo’2015
    NLMK Group received a gold medal at Metal-Expo’2015, the 21st international industry awards for creating a breakthrough technology for the production of dynamo steel used in power engineering. NLMK Group also received a silver medal for its environmental project at the Lipetsk site. ...
  • 2015-11-16 10:00:30
    Severstal begins supplies of rolled steel for Hyundai Solaris front panels
    Severstal has successfully completed its first commercial scale stamping of steel for the mass production of car front panels at Hyundai-KIA. At the beginning of October, front wing panels for mass production of Hyundai Solaris cars were successfully stamped at the Hyundai ...
  • 2015-11-13 17:00:06
    OMK took part in the Metal-Expo 2015
    United Metallurgical Company (OMK) took part in the Metal-Expo 2015 21st International Industrial Exhibition on November 10-13th in Moscow. OMK’s exhibit stand, where over 30 company representatives were working, was designed as a recognizable modern city environment with ...
  • 2015-11-11 06:00:24
    Metalloinvest doubles bridge construction steel shipments
    In the first nine months of 2015, Metalloinvest doubled shipments of rolled steel used in bridge construction to 146,000 tons. Andrey Prosyanik, Director of Domestic Sales of Management Company Metalloinvest, commented: “Metalloinvest is proud to participate in realisation of ...
  • 2015-11-10 15:00:43
    Det.Al Auminium presents its products for Russian consumers
    Azerbaijan-based company Det.Al Auminium presents its products at Metal-Expo’ 2015 , the 21th International Industrial Exhibition, which will be held in Moscow on 10-13 November 2015. Det.Al Auminium is the only Azerbaijan producer of primary aluminum and semi-finished ...
  • 2015-11-10 06:30:30
    NLMK Group to grow HDG output by 11% in 2016
    NLMK Group has begun upgrading one of its continuous hot-dip galvanizing lines - HDG-1 at the Lipetsk production site. The project will boost the line HDG-1 productivity by 30% to 500,000 tonnes per year; and increase Lipetsk site value added manufacturing capacity to produce ...
  • 2015-11-09 06:00:02
    Zagorsky Pipe Plant is about to commission
    In a small town Peresvet (Sergiev Posad district, Moscow region) is currently being completed assembling of the main technological equipment of a new modern plant for the production of large diameter (530-1420 mm) pipes from steels of strength class up to X100 with capacity of 500k tons per ...
  • 2015-11-05 10:00:03
    NLMK Group closed USD 400 million pre-export facility
    NLMK Group, Russia’s leading steel-making company; and one of the most efficient steelmaking companies in the world, has closed a 4-year USD 400 million pre-export loan facility. The facility secured attractive pricing. The company plans to use the proceeds to refinance its short-term ...
  • 2015-11-04 11:08:11
    Metal-Expo'2015 is expected to be busy
    Metal-Expo’2015 , the 21st International Industrial Exhibition, the main event in the steel industry will be held on November 10-13 in Moscow. The exhibition will bring together more than 560 companie s from 32 world countries to exhibit the whole range of ferrous and non-ferrous ...
  • 2015-11-02 10:00:51
    Bystrinsky mining and processing plant is to receive electricity
    Construction of 220kV electrical grid started in Transbaukal Krai to supply Bystrinsky mining and processing plant. Project is implemented on the basis of co-financing with Norilsk Nickel. Foundation works is now under way for 220 kV dual circuit electric transmission line ...
  • 2015-10-27 12:04:43
    SCM запустила сайт о ситуации на предприятиях в зоне боевых действий
    Группа System Capital Management (SCM) запустила в работу ресурс, на котором будет отражаться актуальная информация об активах компании, находящихся в зоне боевых действий на востоке Украины. Ресурс «Активы группы SCM на Донбассе. Текущий статус» ...
  • 2015-10-27 10:00:26
    NLMK closed order book for bond issue for 5 billion roubles
    NLMK closed the order book for its BO-08 exchange bond issues with a value of 5 billion roubles, a maturity period of 10 years, and a put option in 2 years after the date of placement. 29 October 2015 was set as the starting date of the BO-08 series bond placement through ...
  • 2015-10-26 10:03:34
    ChelPipe Group and Gazprom signed cooperation agreement
    ChelPipe Group and Gazprom signed a cooperation agreement for use of natural gas as motor fuel. The memorandum was signed by Aleksey Miller, Chairman of the Management Board, Gazprom, and Alexander Grubman, General Director, ChelPipe Group. The companies agreed on a phased conversion of ...
  • 2015-10-21 13:49:35
    MMK started production of new steel grade
    Magnitogorsk Iron and Steel Works (MMK) has launched the smelting of new steel grade that will be used for the production of long products, in demand machine-building plants. New steel grades output at MMK is carried out in the framework of efforts to expand the assortment of ...
  • 2015-10-16 06:00:06
    NLMK Group risen sales of higher finished products
    In January-September 2015, NLMK Group increased production by 2% y-o-y and sales by 7% y-o-y. Сapacity utilization rates for core steelmaking operations was close to 100%. 9M 2015 highlights: 9M 2015 crude steel output increased to 12.01 million tons (+2% y-o-y), which ...
  • 2015-10-15 11:00:30
    Norilsk Nickel successfully places $1 bullion Eurobonds
    Norilsk Nickel (hereinafter, Norilsk Nickel or the Company) announces today the closing of its $1 billion 7-year Eurobonds offering with an annual coupon rate of 6.625%. The proceeds from the issue will be used for general corporate purposes and capital investments. The offering ...
  • 2015-10-15 06:00:23
    TMK expanded steel pipes shipments in 3Q
    In 9M 2015, TMK shipped a total of 2.934 million tons of steel pipe, down 7.1% y-o-y due to a decrease in sales at the American Division, which was partially offset by increased shipments at the Russian Division, where total shipments increased 9% y-o-y. In 3Q 2015 TMK shipments increased by ...
  • 2015-10-14 15:21:33
    MMK increases steel output
    MMK Group’s overall crude steel output in Q3 2015 totalled 3.141 million tons (+5.8% q-o-q). Overall steelmaking capacity utilisation at the main Magnitogorsk site in Q3 2015 exceeded 83%. Converter production was at 100% capacity, and capacity utilisation of electric arc furnaces ...
  • 2015-10-14 14:47:02
    Rusal creates new technology of alumina production
    Rucal announces that it develops acid technology for alumina production of non-bauxite raw materials. The technology will allow the production of alumina using domestic kaolin clay as a substitution to imported bauxites. The new technology will significantly boost Rusal ...
  • 2015-10-12 18:40:30
    TMK will pay $39.2 million of dividends for 6 months of 2015
    TMK announced that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on October 12, 2015, in the form of an absentee voting. Shareholders voted to approve interim dividends for the first six ...
  • 2015-10-08 06:00:04
    IMH cuts investment programm by 50%
    Industrial Metallurgical Holding (IMH) announced reducing its capex for 2015 from 9 to 4.6 billion roubles. All scheduled activities within the framework of key investment projects are retained in full. IMH investment program includes completion of a number of large projects, ...
  • 2015-10-06 13:30:57
    IMH and Uralmashplant develop cooperation
    Industrial Metallurgical Holding (IMH) is going to expand cooperation with Uralmashplant. The representatives of IMH has visited Uralmashplant, got acquainted with the production and shown investment plans until 2030. IMH takes an investment program for the modernization and ...
  • 2015-10-05 13:28:52
    TMK will supply premium tubular products to Gazprom
    TMK and Gazprom have signed a long-term agreement to supply a complete set of premium tubular products. The agreement signed with TMK is part of Gazprom's new approach to work with producers of import replacement tubular products. Under this approach, Gazprom and a producer ...
  • 2015-10-05 13:22:59
    Слияния и поглощения в горно-металлургическом комплексе будут продолжаться
    Согласно последнему ежеквартальному обзору EY«Слияния, поглощения и привлечение капитала в горнодобывающей и металлургической отраслях в первом полугодии 2015 года» (Mergers, acquisitions and capital raising in mining and metals 1H 2015), во втором квартале было заключено 86 ...
  • 2015-10-05 12:58:10
    Norilsk Nickel expands a number of vice-presidents
    Norilsk Nickel announced changes in the company management related to the introduction of new senior positions and reallocation of functions between business units. Marianna Zakharova is appointed to the position of the First Vice-President, Head of the Unit for Corporate, ...
  • 2015-10-02 15:02:46
    NLMK and Novatek signed 5-year contracts
    NLMK Group has signed long-term agreements with Novatek for the supply of natural gas to all of NLMK Group’s Russian production facilities. The contracts have been signed for a term of 5 years and will come into effect on January 1st, 2016. The agreements provide for the ...
  • 2015-10-01 14:11:06
    Sakhalin Energy and TMK signed a memorandum of partnership
    Sakhalin Energy and TMK have signed a memorandum of partnership for TMK premium threaded connection pipes to be used by Sakhalin Energy. The memorandum provides for partnership and efficient collaboration as required for these products to be tested and certified for use in the ...
  • 2015-09-25 06:00:23
    Metalloinvest supplied rolled steel for Victory bridge
    Ural Steel (part of Metalloinvest) has supplied complete package of rolled steel for the construction of the Victory bridge over the Nadym River, which connected the Yamal Peninsula with Central Russia and the Urals. The bridge, which was officially opened in September 2015, ...
  • 2015-09-24 17:26:40
    Россети построят в Москве 1 тыс. зарядных станций для электромобилей
    В рамках реализации Всероссийской программы по развитию зарядной инфраструктуры для электротранспорта группа Россети установит порядка 1 тыс. зарядных станций для электромобилей до конца 2018 г., заявил первый заместитель генерального директора по технической политике Россетей Роман ...
  • 2015-09-24 14:17:05
    NLMK Group сuts transportation costs
    NLMK Group is the first Russian steel company to be granted the right to receive and process containers with a gross weight of up to 41 tonnes at the Lipetsk production site. Expanding the range of cargo handling operations to include large-tonnage containers is in line with ...
  • 2015-09-23 06:00:31
    Polar Division of Norilsk Nickel purchases new equipment
    Norilsk Nickel revised quantity of self-propelled equipment to be purchased for Polar Division mines in 2015. It was decided to increase the number of purchased equipment from 22 units to 50 units. Part of the self-propelled equipment in the amount of 27 units has been received ...
  • 2015-09-23 06:00:20
    Stainless steels suppliers and consumers will meet at Metal-Expo 2015
    Traditionally, many stainless and special steels producers and suppliers take part at Metal-Expo Exhibition in Moscow. This year, at Metal-Expo 2015 (Moscow, 10-13 November, 2015) consumers of stainless and special steels will be a good opportunity to discuss the supply terms ...
  • 2015-09-22 06:00:45
    Trubodetal passed certification audit of API
    Trubodetal plant (part of United Metallurgical Company) has successfully passed the certification audit of its quality management system for complying with API Spec Q1, a standard of the American Petroleum Institute (API). The certificate confirms the high level of the quality ...
  • 2015-09-22 06:00:27
    CZP will obtain new credit
    Chelyabinsk Zinc Plant (СZP) announced the decision made by the Board of Directors at the meeting in absentia on September 17, 2015. The Board of Directors approved the significant transaction: a credit line agreement between CZP and Gazprombank.. Loan limit – 7 ...
«First  ←Previous         Next→  Last»