News. Russian ferrous metallurgy news. October

MMK open for industrial tourism

Magnitogorsk Iron and Steel Works (MMK) has launched a project which allows guests to visit the company’s production site. Several sightseeing tours are now readily available to tourists. ‘Taming the Fire’ – This tour includes a visit to Russia’s largest blast furnace plant and the unique complex of Mill 5000 whose products are used to supply manufacturers of large diameter pipes, as well as shipbuilding and bridge construction companies. You can visit the workshops and the plant’s science and ...
19 October 2018., 14:49   comment

Severstal reports Q3 & 9M 2018 financial results

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q3 & 9M 2018 financial results for the period ended 30 September 2018. Q3 2018 vs. Q2 2018 ANALYSIS: Group revenue declined 8.7% q/q to $2,063 million (Q2 2018: $2,259 million) due to reduced sales volumes of steel products and iron ore pellets, which reflects the high-base effect of Q2, as well as declining steel prices q/q. Group EBITDA declined 12.1% q/q, to ...
19 October 2018., 14:41   comment

Ural Steel successfully passes steel production audit

Ural Steel (part of Metalloinvest) has successfully passed the audit of its steel products for compliance with the European standards. TÜV Thüringen e.V. (Erfurt, Germany), one of the leading international certification groups, renewed the compliance certificates for the Company’s steel products used for manufacturing metal structures and vessels handling high pressures. Ural Steel’s production of constructional steel for metal and reinforced-concrete structures were tested for compliance ...
19 October 2018., 14:37   comment

NLMK Group launches construction of stamp charging complex at Altai-Koks

NLMK Group, a global steel company, has embarked on a project to implement stamp charging technology at an operating coke oven battery at Altai-Koks, a leading Russian manufacturer of metallurgical coke. This project, which is worth a total of 3.3 billion rubles, will boost coke quality and reduce the cost of its production, and improve the environmental footprint of operations. Stamping technology is under implementation at Coke Oven Battery No. 5, the biggest and the most advanced coke oven ...
10 December 2018., 15:25   comment

Severstal reports Q3 & 9M 2018 operational results

Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q3 & 9M 2018. Q3 2018 GROUP HIGHLIGHTS Hot metal output increased 2% in Q3 2018 to 2.30 mln tonnes (Q2 2018: 2.26 mln tonnes) compared with the previous quarter after short-term maintenance works at BF#4 and BF#5. Crude steel productionincreased 2% to 3.06 mln tonnes (Q2 2018: 3.00 mln tonnes) in line with pig iron production ...
10 December 2018., 15:22   comment

Metalloinvest and ChelPipe Group discuss ways to boost OEMK steel supply for pipe production

Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, and ChelPipe Group have held a Coordination Committee meeting at OEMK (part of Metalloinvest). During the meeting the parties discussed options to increase supplies of high quality steel grades from OEMK to Pervouralsk New Pipe Plant (part of ChelPipe Group). Experts from ChelPipe Group visited the main departments of the OEMK plant, learned about technologies ...
10 December 2018., 11:06   comment

Domestic Rolled Products Output to Grow 0.9% in 2018

According to the forecast of the Ministry of Economic Development of the Russian Federation domestic steel rolled products output will reach 61.5Mt in 2018 (+0.9% compared to 2017). Rolled products export is expected to reach 28Mt (+0.3% compared to 2017), import: 5.5Mt (+1.4%). Rolled stock domestic consumption will reach 39Mt in 2018 (+1.4% compared to 2017). Reportedly, steel tubes output will reach 11.1Mt in 2018 (97% on last year’s output), export: 2Mt (93.4% on 2017 output), import: 0.52Mt ...
10 May 2018., 12:54   comment

Metal Week in Moscow is on the Way

30 heads of steel and construction industries unions, members of Metal-Expo’2018 Organizing Committee met yesterday in Moscow. More than 500 steel companies from 30 world countries have already confirmed their participation in Metal-Expo’2018 (November 13-16, Hall 75, VDNHa, Moscow, Russia). Along with the leading Russian ferrous and non-ferrous producers and engineering companies European and Asian engineering and steel companies arrange their expositions on the 27000 sqm exhibition space. ...
10 May 2018., 12:52   comment