Metallurgy news

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  • 2007-11-20 15:17:05
    32 Countries of the World Participated in Metal Week in Moscow
    Metal-Expo’2007 the 13th International Industrial exhibition was successfully held in Moscow on November 13-16, 2007. Such leaders of the steel industry as Magnitogorsk Iron and Steel Works, Severstal, Novolipetsk Iron and Steel Works, Mechel Group, Estar Group of Companies, Pipe ...
  • 2007-11-20 15:13:41
    Mechel participates in Metal-Expo’2007
    Mechel participated in Metal-Expo‘2007, the 13th International Specialized Exhibition at the All-Russian Exhibition Center, Moscow, during November 13-16, 2007. Mechel’s uniform corporate stand exhibited products of its Chelyabinsk Metallurgical Plant, Izhstal, Beloretsk ...
  • 2007-11-20 14:40:06
    UC RUSAL becomes first Russian company to complete monitoring and analysis of greenhouse gas emissions
    UC RUSAL reports the completion of an ecological monitoring at the Krasnoyarsk Aluminium Smelter (KrAZ). The research was conducted by Jerry Marks, a respected climate change researcher who is also a specialist consultant for the International Aluminium Institute. UC RUSAL is the first company ...
  • 2007-11-20 13:52:40
    ChTPZ Group Ferrous Division Ships 1,625 mln tn of product to customers in January-October 2007
    Chelyabinsk Tube-Rolling Plant and Pervouralsk New Pipe Plant both in ChTPZ Group, shipped 1,625 mln tn of pipe products to customers for the period from January to October of 2007, an increase of 14% as compared to the same period of 2006 (1.425 mln tn). In January-October of 2007, ChTPZ ...
  • 2007-11-20 13:27:52
    TMK Increases Production of Premium Oil and Gas Pipes
    TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that new hot rolling and finishing equipment has been installed at its Volzhsky Pipe Plant subsidiary. The installation of this new equipment, in line with ...
  • 2007-11-09 16:25:43
    VSMPO-AVISMA Corporation Participates in Metal-Expo’2007
    VSMPO-AVISMA Corporation will again participate in Metal-Expo’2007, the 13th International Metallurgical Exhibition which will be held from the 13th to 16th of November at the Russian Exhibition Centre in Moscow. The Corporation will present new 3D stereo technologies showing ...
  • 2007-11-07 15:31:00
    RUSAL completes large scale casthouse modernization programme at aluminium smelters
    UC RUSAL reports the completion of a large scale casthouse modernization programme at four of its aluminium smelters: Sayanogorsk, Krasnoyarsk, Bratsk and Novokuznetsk. The investment in the project amounted to approximately $130 mln. The value-added casthouse production has increased ...
  • 2007-11-06 17:30:15
    Mechel Announces Syndication of $2 Billion Acquisition Refinancing Package
    Mechel announces that it has arranged a $2 bln Acquisition Refinancing Package through several banks. The $2 billion Acquisition Refinancing Package will refinance the acquisition of the issued share capital of Yakutugol OJSHC (75% of the statutory issued share capital minus one share), ...
  • 2007-11-06 14:18:33
    TMK Starts Commercial Production of High Performance Pipes
    TMK today announces that it has started production of special corrosion-resistant seamless line pipes used for the transportation of gas extracted from wells operating in aggressive environments. This new pipe range was especially developed by TMK’s R&D centre for the Astrakhan gas ...
  • 2007-11-02 10:56:27
    Severstal’s Cherepovets steel plant receives certificates from Lloyd’s Register for shipbuilding products to 2010.
    Lloyd’s Register has granted new certificates to Severstal’s integrated iron and steel plant at Cherepovets The certificates, which run to 2010, allow the plant to produce normal and high strength steel up to 12 mm, 40 mm and 50-70 mm in thickness in its sheet rolling shops LPTs-2, ...
  • 2007-11-01 13:59:31
    Magnitogorsk Iron and Steel Works Open Joint Stock Company increased its stake in JSC «Bashmetalloptorg»
    Magnitogorsk Iron and Steel Works Open Joint Stock Company announces the increase of its stake in Bashmetalloptorg from 25,67% to 87,99%. MMK’s participation in the authorized capital of  Bashmetalloptorg is in line with Magnitogorsk Iron and Steel Works strategic plans towards ...
  • 2007-11-01 12:28:07
    Evraz owns now 100% of its major Russian production companies
    Evraz Group S.A. announced that Evraz Group through its subsidiaries has completed the buyout of all outstanding common stock of steel mills NTMK and Zapsib, iron ore mining and processing complexes KGOK and VGOK, and the Nakhodka Commercial Sea Port. The procedure was carried out in ...
  • 2007-10-31 15:02:21
    Mechel Announces Recertification оf its Mechel Campia Turzii Romanian Subsidiary for ISO 9001:2000 International Standard
    Mechel announces the completion of the quality management system audit at its Mechel Campia Turzii Romanian subsidiary, resulting in the recertification of its compliance with the ISO 9001:2000 international standard. A regular supervisory audit of the quality management system for its ...
  • 2007-10-31 14:16:43
    OMZ Board of Directors Approves Conceptual Plan for Izhora Production Complex Development for 2008-2010
    OMZ (Uralmash-Izhora Group) announced the approval by its Board of Directors of a Concept of Development for the OMZ Production Complex at the Izhora Production Site for 2008-2010. The development priority will be a radical modernization of existing equipment and formation of new ...
  • 2007-10-31 13:25:30
    Severstal to construct a filtration plant capable of reducing discharge into the Koshta river by 11 tons a year
    CherMK OAO Severstal’s environmental load program will include a new filtration plant which, combined with other efforts, will reduce iron and petrochemical discharge from outlet 10 into the Koshta river by 11 tn a year. Construction is expected to be completed in Q4 of 2008. The ...
  • 2007-10-31 11:44:04
    VSMPO-Avisma Corporation will Participate in the Development of Yuzhno-Shameisk Molybdenum Ore Deposit
    In September this year, the auction on sale of the license for geological survey, exploration and molybdenum ore mining at Yuzhno-Shameisk Ore Deposit was won by the Ore Mining Company “Ural Gold” LLC (ООО «Gornorudnaya Company Uralskoe Zoloto»). The Ore Mining ...
  • 2007-10-30 14:10:02
    UC RUSAL launches full capacity of Khakas Aluminium Smelter ahead of schedule
    UC RUSAL announced that the Khakas Aluminium Smelter has reached full capacity ahead of schedule, now as the fourth and final complex has been put into operation. The smelter has a production capacity of 300,000 tn per annum. Total investment in the project amounts to over USD 750 mln. ...
  • 2007-10-30 11:26:08
    Belon Published Financial Results for the First Half of 2007
    Belon Group published its audited consolidated financial statements for the first six months of 2007. These were prepared in accordance with the International Financial Reporting Standards. During the reporting period, the Company improved its key financial indicators: the total revenues ...
  • 2007-10-29 18:24:58
    MMC Norilsk Nickel launched electronic declaration of exported goods
    OJSC MMC Norilsk Nickel launched electronic declaration of its exported goods. The first electronic cargo customs declaration (CCD) was entered on October 23, 2007 in Murmansk customs zone. Head of Customs Division at MMC Norilsk Nickel Dmitry Seregin says electronic declaration will ...
  • 2007-10-25 18:15:43
    Chelyabinsk Zinc Plant announces its production results for the nine months period of 2007
    Chelyabinsk Zinc Plant produced 122,676 tn of SHG zinc and zinc based alloys, an increase of 11.3% as compared to the same period of 2006 (110,178 tn). 48% of the plant output was supplied to the domestic market. CZP’s subsidiary, Nova Zinc LLC, the operator of Akzhal zinc and lead ...
  • 2007-10-23 18:08:08
    Evraz Increases its Stake in Palini e Bertoli to 100%
    Evraz Group S.A. announces that, further to its acquisition in August 2005 of a 75% plus one share interest in Italian steel plate producer Palini e Bertoli, Evraz has executed a call option in respect of remaining 25% less one share. The consideration paid for the stake was set at ...
  • 2007-10-18 15:42:13
    Severstal’s Karelsky Okatysh wins South Korpangsky license for iron ore production
    OAO Karelsky Okatysh , part of the mining division of Severstal, has won an exploration and production license for the South Korpangsky area of the Korpangskoye iron ore deposit. The auction, organized by the Russian Agency for the Use of Subsoil, took place on Tuesday October 16, 2007 in ...
  • 2007-10-18 15:36:34
    UC RUSAL announces 2007 nine month results
    UC RUSAL announces its production and summary financial results for the first nine months of 2007.   Highlights*: • Alumina production rose by 5.7% to 8,451,791 tn compared to the same period last year. • Aluminium production increased by 5% to ...
  • 2007-10-18 12:11:36
    Tube Works VSMPO-AVISMA for 9 months of 2007
    For 9 months 2007 the enterprise has produced 218,8 tn of titanium tubular production (365,3 thousand meters), 177,7 tn of which (363,6 thousand meters) are seamless cold-finished tubes and 41,5 tn (1,7 thousand meters) are seamless hot-finished tubes (in co-operation with JSC «Nikopol ...
  • 2007-10-18 11:41:19
    Operating Results
    In January–September 2007, production of steam coal increased by 32% to amount to 1,915,000 tons. Such growth was due to operation of the newly launched high-performance face No. 1108 at the Listvyazhnaya mine. The total production ...
  • 2007-10-17 11:31:48
    ChTPZ Group Ferrous Division Ships 1,471,000 Tn of Product to Customers in January-September of 2007
    Chelyabinsk Pipe Rolling Plant and Pervouralsk New Pipe Plant, both in the ChTPZ Group, shipped 1,471,000 tn of pipe products to customers for the period from January to September of 2007, an increase of 15% as compared to the same period of 2006 (1,280 thousand tn). In January-September of ...
  • 2007-10-16 17:14:33
    MMK-Atakas JV Decides on the Equipment Supplier
    A contract has been signed on the supply of process equipment for the MMK Atakas A.S. Joint Venture. The contract has been awarded to Danieli, Italy, which will supply equipment for both of the JV's production sites in Iskenderun and Istanbul, such as a 2.4 mtpy electric arc furnace (EAF), ...
  • 2007-10-15 15:05:40
    TMK Production Results for the First Nine Months of 2007
    OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces its production results for the nine month period ended 30 th September 2007. For the first 9 months of 2007, TMK shipped (shipped ...
  • 2007-10-15 12:22:18
    MMC Norilsk Nickel announces production figures for 3rd quarter 2007
    Mining and Metallurgical Company Norilsk Nickel ("Norilsk Nickel") announces preliminary consolidated production of 75 thousand metric tonnes of saleable nickel for the third quarter of 2007. These figures include production from the Polar and Kola Divisions in Russia and the ...
  • 2007-10-12 12:01:13
    IMEAS supplied manual sheet-to-sheet line Globus Stal
    According to Enzo Minacapilli, representative of IMEAS the Russian steel service centers will follow the global trend among the Evolution of Surface Finishes. GLOBAL EVOLUTION OF SURFACE FINISHES -Before 1970: the WET GRINDING was leading the market (75% of market), followed by the WET ...
  • 2007-10-10 11:06:44
    Since the 15th of October the ordinary shares of OJSC MMK will be included into the MICEX index calculation base
    At the same time the number of securities included into the MICEX index remains unchanged and constitutes 30 shares.  The indices are price, capitalization-weighted (free float) indices of the shares of Russian issuers. The indices are calculated real-time.  The MICEX index ...
  • 2007-10-09 14:06:04
    UC RUSAL signs an investment agreement with Saratov region administration to build а major energy & metals complex
    UC RUSAL is pleased to announce the signing of a cooperation agreement with the government of Russia’s Saratov region for the construction of a major energy and metals complex. The complex will include a significant expansion of the Balakovsky nuclear power plant, with UC RUSAL building ...
  • 2007-10-09 11:41:58
    Mechel Announces Its Victory at the Auction to Acquire the Controlling Stakes In Yakutugol OJSHC And Elgaugol OAO
    Mechel JSC announced that it has won the auction to acquire 75% less one share of Yakutugol OJSHC and 68.86% of the shares of Elgaugol OAO. The acquisition of the controlling stakes in the companies is in line with Mechel's strategy to further develop its mining segment, intensify synergies ...
  • 2007-10-09 11:23:51
    Metalforme’s Top-management will tell about tendencies of application of the equipment for flat steel processing
    Italian Group of companies Metalforme will become key partners of the 3-d International Conference «Steel Service Centers in Russia» during 13th International Industrial Exhibition. Actual matters related to development of flats and long products processing in Russia, ...
  • 2007-10-08 14:53:04
    NLMK upgrades its hot rolled production facilities
    NLMK has commissioned reheating furnace # 4 following its reconstruction for heating slabs before hot rolling.  The furnace, which has a capacity of 320 tonnes of steel per hour, will allow a 50% reduction in energy consumption (natural and Blast Furnace gas) decrease environmental impacts ...
  • 2007-10-05 13:58:51
    INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2007
    1H 2007 Highlights: Financials: · Revenue grew 57.5% to US$6,023 million from US$3,825 million in 1H 2006 due to recent acquisitions, improved sales mix and growth in average prices of steel products. · Consolidated adjusted EBITDA was up 87.0% to US$2,050 ...
  • 2007-10-04 18:12:06
    Canadian Royalties and Norilsk Nickel Sign Agreements for the Sale of Nickel Concentrates and an Equity Investment
    Canadian Royalties Inc. and Norilsk Nickel Harjavalta Oy, a wholly owned subsidiary of MMC Norilsk Nickel, announced the signing of several agreements aimed at expediting the development of CRI’s Nunavik Nickel Project. The agreements include a sales agreement for nickel concentrates, an ...
  • 2007-10-04 14:13:40
    UC RUSAL opens trade office in Switzerland
    UC RUSAL has announced the opening of RUSAL Marketing the company’s main trade office, located in Zug, Switzerland. RUSAL Marketing will integrate the company’s trading operations across European, Asian and American markets, offering the clients primary aluminium, alloys, alumina ...
  • 2007-10-04 13:59:37
    MMK acquired 10.75% stake in Belon
    Magnitogorsk Iron & Steel Works Open Joint Stock Company announces the acquisition of 10.75% shares in JSC Belon, a Russian producer of coal and coal concentrates. The decision on participation of JSC MMK in the authorized capital of OAO Belon was taken by the Board of ...
  • 2007-10-03 16:44:01
    Mechel reports first half 2007 financial results
    Mechel JSC today announced results for the first half ended June 30, 2007.    US$ thousand 1H 2007 1H 2006 ...
  • 2007-10-03 14:01:34
    The Italian company IMEAS will become partner of Conference «Steel Service Centers in Russia: Equipment and Technologies, Tendencies of Development and Market Condition»
    Actual matters related to development of flats and long products processing in Russia, prospects of the market development, supplies of metalworking equipment and technologies for steel service centers will be covered at the conference. Russian and international equipment producers will ...
  • 2007-10-01 15:20:19
    Evraz Increases its Stake in Highveld to 80.9%
    Evraz Group S.A. announces that Evraz has executed the option to acquire the remaining Credit Suisse shares in Highveld Steel and Vanadium Corporation. The consideration paid for the 24.9% stake is $219 million. Evraz now owns 80.9% of the entire issued share capital of Highveld.
  • 2007-10-01 13:54:25
    First compliance audit of NLMK’s products successfully completed
    NLMK is pleased to announce that it has passed a regular compliance audit performed by the certification body TÜV CERT reviewing compliance with the provisions of the European Directive - 89/106/EEC and the right to use CE mark for steel products, produced for civil construction ...
  • 2007-10-01 13:50:34
    Commissioning of New Drilling Units at Southern Urals Nickel Plant
    Mechel announces it has commissioned new self-propelled drilling rigs at the open pit mines of its subsidiary, Southern Urals Nickel Plant. Commissioning of the new equipment will enable Mechel to increase nickel ore mining efficiency while reducing production costs. The new ...
  • 2007-10-01 12:52:42
    TMK to Purchase TNK-BP Service Assets
    TMK announced that it will acquire service assets from Russian oil and gas giant TNK–BP. This acquisition is part of TMK’s strategy to develop oil and gas services and provide customers with additional benefits. This deal should be completed before the end of 2007. TMK won the ...
  • 2007-09-28 11:41:40
    OMK Selected as Preferred Bidder to Supply Pipes for Nord Stream Subsea Section
    The Nord Stream Shareholder Committee resolved to sign an agreement with Europipe and OMK for a supply of 1.1 million tonnes of pipes for the first strand of the Nord Stream subsea section. According to the Nord Stream shareholders’ evaluation, both producers proved to have the required ...
  • 2007-09-27 12:37:23
    Norilsk Nickel and Mincom extend partnership
    Mincom, a leading global software and services provider to mining and metals industries,  has signed a new large scale long term contract with tMMC Norilsk Nickel. Under this agreement, Mincom Ellipse is assigned as the standard solution for mining and metallurgical sites of Norilsk's ...
  • 2007-09-26 10:40:20
    Skoda JS Wins Tender for Modernization of Control and Management System at Dukovany NPP
    Skoda JS, a Czech company which is a part of OMZ (Uralmash-Izhora Group) announced  that it has won a tender for the second stage of modernization of the Control and Management System at the Dukovany Nuclear Power Plant (NPP), a part of CEZ, the Czech state energy company. Signing ...
  • 2007-09-24 13:53:58
    Basic Element completes deal with Magna
    Basic Element announced the completion of its previously announced US$1.54 bln strategic investment in Magna International Inc., a Canadian company listed on the Toronto and New York Stock Exchanges. The investment was made by an indirect subsidiary of Russian Machines, a subsidiary of Basic ...
  • 2007-09-24 11:37:01
    VSMPO-AVISMA Corporation and Pratt & Whitney Canada Singed a Long-Term Cooperation Agreement
    PSC VSMPO-AVISMA Corporation and Pratt & Whitney Canada signed a long-term framework agreement on cooperation in August 2007 at the International Aerospace Show MAKS-2007 in Zhukovsky (Moscow region). The agreement defines relations between the two companies for the period of 10 years ...