News. Russian ferrous metallurgy news

Metalloinvest Increases Iron Ore and Steel Outputs

In Q1, 2017 Metalloinvest produced 10.07Mt of iron ore, (+0.4% compared with the corresponding period of 2016:10.04Mt). Production of nodules grew 0.2% up to 5.98Mt compared with Q1 2016, while production of direct reduced iron dropped 0.6% to 1.47Mt. Pig iron production dropped 14.6% to 0.64Mt compared with Q1 2016. Steel melting in Q1 2017 increased 12.6% to 1.23Mt compared with January-March 2016. In Q1 2017 iron ore exports reached 2.79Mt (-1.4% compared with the corresponding period of ...
22 May 2017., 13:45   comment

TMK-INOX Extends Range of Electric-Welded Stainless Pipes

For the first time TMK-INOX produced a batch of electric-welded stainless (austenitic) steel pipes to be used under high pressure in aggressive environment requiring high corrosion-resistance, the company’s media office reports. Manufacture of new size-types of electric-welded stainless steel pipes along with the regular range is part of import substitutions program. TMK-INOX is one of the largest Russian producers of stainless steel pipes compliant with international standards. “Mastering production ...
22 May 2017., 13:40   comment

EVRAZ NTMK Ships Rails to Guinea

EVRAZ NTMK produced a batch of P50 rails, type OT350 for UC RUSAL to be used at Compagnie des Bauxites de Kindia, a bauxites deposit in Guinea, the company’s media office reports. The steel rails will be used for repairing a railway connecting the deposit with Conakry sea port shipping bauxites and delivering materials. Africa is one of EVRAZ target regions for steel rails export. The company also supplies steel rails to Egypt and Algeria.
22 May 2017., 13:37   comment

Steel Structures Manufacturers to Exhibit Their Potential

SteelStructures’2017 , the 2d International Specialized Exhibition, a key event in the metal construction industry will be held on 5-8 June, hall 8.1, Expocentre Fairground, Moscow, Russia. Using steel structures and metal products in the construction industry is a promising and dynamic trend. In Q1 2017 steel structures output grew 15% as compared to the corresponding period last year. The exhibition will bring together more than 100 industry leaders, among them: • Steel structures manufacturers: ...
05 December 2017., 16:46   comment

EVRAZ Expands Sales Markets

EVRAZ dispatched a batch of nodules produced at Kachkanarsk Mining and Dressing Plant to US Steel Kosice, the biggest steel mill in Slovakia. The nodules fully meet the customer’s requirements in chemical composition and physical properties. The content of iron in the nodules is more than 60%; such high strength and solidity characteristics allow to produce high quality steels. The nodules by Kachkanarsk passed ANSERTEKO, Moscow tests. Besides Europe, EVRAZ also ships to Turkey and China. In ...
05 May 2017., 12:51   comment

NLMK Starts Manufacture of Polymer Coated Rolled Stock with Enhanced Decorative Properties

NLMK Group presented new type of product in the domestic market: multilayer polymer coated rolled stock. As compared to a normal coating, this type has an enhanced durability and an attractive habitus due to lacquer coating. The rolled products are to be used for facades, rooting and interior finishing. The production technology includes coating of the galvanized sheet with at least three layers. First the coil is pre-coated then coated with colored paint-and-lacquer coating followed by lacquer ...
05 May 2017., 12:50   comment

Severstal Masters High-Strength Steels Production

Severstal mastered production of DP600 high-strength duplex ferrite-martensite hot-rolled steel. This type of product is used for manufacture of vehicular strength members and wheel disks. The new steel grade is mastered on mill 2000, sheet-rolling plant № 2, Cherepovets Steel Mill (part of Severstal Russian Steel Division). The steel grade combines high-strength and plasticity as well as quick mechanical hardening and low yield tensile strength. All this allows the steel to be efficiently used ...
05 May 2017., 12:44   comment

Steel Producers to be Presented New Types of Equipment and Solutions

More than 100 Russian and international equipment suppliers and advanced solutions providers have already confirmed their participation in Metal-Expo’2017 (November 14-17, 2017, Moscow, Russia). Leading Russian equipment suppliers including Ormeto-YUMZ, EZTM, VNIIMETMASH, Tyazhpressmash as well as Metal-Expo regular exhibitor from the Ukraine NKMZ will present their expositions at Metal-Expo. All the companies are members of Metallurgmash, the International Union of Metallurgical Equipment Producers ...
05 February 2017., 14:07   comment

Metalloinvest builds high-tech facility at Ural Steel

At Ural Steel, part of Metalloinvest, the Roller Treatment Furnace #1 and Heat Treatment Machine #1 Сomplex is undergoing construction. Currently, design and surveying work is ongoing. 1.5 billion roubles have been invested in the project, which is planned to be completed in 2018. The project entails the installation of new high-performance equipment for Roller Treatment Furnace #1 and Heat Treatment Machine #1 in their sheet-rolling facility. The implementation of the project will enable the ...
20 April 2017., 12:00  

ChMK export project wins state support

Mechel reports that the Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk Metallurgical Plant (ChMK) to implement a project for production of rails, beams and other structural rolls meant for export. The project’s cost totals 1.52 billion rubles, including 300 million rubles to be loaned by the Industrial Development Fund. The project includes acquiring technological equipment in order to set up manufacturing of products ...
17 April 2017., 14:30  

Severstal remained hot metal output unchanged

Severstal has announced its operational results for Q1 2017. According to its press release, hot metal output remained largely unchanged, decreasing only 1% to 2.34 mln tonnes (Q4 2016: 2.36 mln tonnes) compared with the previous quarter. Crude steel production declined 2% to 2.86 mln tonnes (Q4 2016: 2.92 mln tonnes). Crude steel output at CherMK was impacted by planned maintenance works at converters #2 and #3. Consolidated steel product sales declined 9% q/q to 2.53 mln tonnes compared with ...
14 April 2017., 06:00  

Fitch affirmed Metalloinvest rating with a stable outlook

Metalloinvest has announced that Fitch Ratings (Fitch) confirmed the Company’s long-term issuer default rating at ‘BB’ with a Stable outlook. In accordance with Fitch’s opinion reflected in the published release, Metalloinvest demonstrated financial resilience at times of volatile global pricing in iron ore and steel products and consistently reduced its absolute level of debt over the past four years. Fitch’s analysts also noticed Metalloinvest's top-three pellet and leading merchant hot briquette ...
13 April 2017., 06:00  

Mechel develops cooperation with Baosteel Resources

Mechel reports that its cooperation agreement with Baosteel Resources which is part of China Baowu Steel, China’s largest steelmaking group, has been prolonged. Since April 2017 and until March 2018, Mechel will supply Baosteel Resources’ facilities with up to 960,000 tonnes of premium-grade coking coal mined in Southern Yakutia. Coal will be shipped via Mechel’s own Trade Port Posiet. The price will be determined on a monthly basis. “We have established trust-based, mutually beneficial ties ...
04 December 2017., 15:05  

MMI to invest $98.3 mln in environmental programme

Magnitogorsk Iron and Steel Works (MMK) Group plans to complete 87 environmental initiatives in 2017 with total investments estimated at around 5.6 bln rubles ($98.3 mln) under its environmental programme. Environmental initiatives in 2017 will cover all of MMK Group’s production facilities and subsidiaries. An estimated 5.26 bln rubles will be invested in 69 initiatives at the Magnitogorsk facility, while the remaining 325 mln rubles will be directed to subsidiaries. There are several priority ...
04 November 2017., 12:00  

Zagorsk Pipe Plant’s pipes approved for use at Gazprom

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Denis Safin, Director General of Zagorsk Pipe Plant, took place in Moscow. It was noted that in March 2017 large-diameter pipes produced by Zagorsk Pipe Plant, namely electric-welded longitudinal steel pipes with a diameter of 1,020 to 1,422 mm, had been included in the register of pipe products approved for use at Gazprom’s facilities. The parties discussed the prospects for further cooperation on the ...
04 November 2017., 06:00  

OMK and Gazprom address prospects for further cooperation

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Anatoly Sedykh, Chairman of the Management Board of United Metallurgical Company (OMK), took place in Moscow. It was noted that the long-term cooperation between the companies had strategic importance. Pipe products made by OMK comply with high standards and requirements set by Gazprom. Specifically, OMK supplies pipes for the Company’s key gas transmission projects, including the construction of the Ukhta-Torzhok ...
04 October 2017., 06:00  

TMK ships new tubes to Lukoil

TMK shipped the first batch of сasing with TMK UP Magna premium threaded connections and GreenWell lubricant-free coating to Lukoil. The pipes were successfully sunk at the Y. Kuvykin field in the Caspian Sea with TMK supervisors’ involvement. The shipment was a part of the comprehensive programme to supply the entire casing, made of TMK’s premium casing pipe with GreenWell lubricant-free coating, to the consumer. TMK UP Magna is a premium threaded connection for 340–508 mm casing pipe. TMK ...
04 July 2017., 14:13  

TMK to increase prices for tubes of its russian division

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announced a 5% increase in selling prices for the entire range of tubular products offered by its Russian division from 1 March 2017. The price increase will apply to all consumer categories. The key driver behind the announced price increase is a substantial growth of material costs and other operating cost items in the second half of 2016, affecting the Company’s overall production costs.
21 February 2017., 12:00  

S&P revised its outlook on Metalloinvest

Metalloinvest has announced that Standard & Poor’s Ratings Services (S&P) has revised its outlook on Metalloinvest from Negative to Stable. S&P also affirmed the Company’s ‘BB’ long-term corporate credit rating. According to S&P’s latest report, the upgrade to a Stable outlook reflects positive iron ore price trends, as well as actions taken by Metalloinvest’s management team to deleverage and the Company’s high profitability, which remains above the industry average. S&P’s analysts maintained ...
20 February 2017., 16:00  

ChelPipe Group sold over 1.7 million tons of pipes

In 2016, Chelyabinsk Pipe-Rolling and Pervouralsk New Pipe Plants - the pipe division of ChelPipe Group - shipped 1.713 million tons of pipes to consumers, which is 15% less than the volume of 2015 (-306 thousand tons). The volume decline was driven by changes in shipment schedules for Gazprom (The Power of Siberia and North European Gas Pipeline) projects, as well as a decrease in demand on domestic and foreign markets. The largest drop is recorded in the segment of large diameter pipes (-27%). ...
17 February 2017., 12:15