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  • 2017-02-21 12:00:16
    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 p ...
  • 2017-02-20 16:00:50
    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. ...
  • 2017-02-17 12:15:19
    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 b ...
  • 2017-02-13 11:30:01
    Metalloinvest announces loan agreement extension ...
    Metalloinves today announces the signing of an additional loan agreement with ING Bank. According to the terms of the agreement, the ING Bank has increased the limit of the Company’s revolving credit line from $100 mln to $150 mln ...
  • 2017-02-10 17:00:27
    MMK plans annual general meeting of shareholders in May ...
    Magnitogorsk Iron and Steel Works (MMK) has announced that MMK Board of Directors held a meeting today, on 10 February 2017. The Board has approved 26 May 2017 as the date for the Annual General Meeting of Shareholders (AGM) of the Company. ...
  • 2017-02-09 13:00:12
    ChelPipe completes second bond issue ...
    Chelyabinsk Pipe plant (ChelPipe) has announces the successful conclusion of book-building for the company’s second issue of exchange-traded bonds (BO series 001P-02) in a total nominal volume of 5 billion rubles, placed under the program. ...
  • 2017-02-08 14:00:11
    Rusal is preparing to issue Panda bonds ...
    Rusal has announced that it has registered its prospectus for a Renminbi denominated bonds issue (Panda bonds), totaling up to 10 billion yuan ($1.5 billion) with a tenor of 7 years. Rusal becomes the first overseas company with global o ...
  • 2017-02-08 06:00:50
    Ural Steel is launching a new product ...
    Ural Steel (part of Metalloinvest) is launching a new product, the slag pot. The first trial version of a slag pot for the Ural Steel pig iron facility was cast in June 2016 at the modular casting unit in the enterprise machine shop. Over seven months ...
  • 2017-02-07 06:00:46
    NLMK USA re-starts galvanize line 2 at Sharon Coating ...
    NLMK USA, NLMK Group’s US-based Division, has re-started its #2 hot-dip galvanizing line in February 2017. The line, which is located at Sharon Coating in Pennsylvania, has a capacity of approximately 226,000 metric tonnes per year. With the re- ...
  • 2017-02-06 06:00:20
    Severstal plans new investments ...
    Severstal announced details of its 2017 capital investment program, which highlights its operational excellence and long-term competitiveness. In 2017, Severstal plans to invest approximately 43 billion roubles across the business. This investme ...
  • 2017-02-03 11:32:58
    Steellion проверил кровельный пирог на огнестойкость ...
    Компания Steellion совместно с компанией турецкой компанией Ant Yapi провела испытания кровельного пирога на основании профнастила Н126-978 в ЦСИ «Огнестойкость», сообщает пресс-служба компании. Испытания показали, что предел ...
  • 2017-02-03 06:00:40
    MMK ships record volume of galvanized steel ...
    Magnitogorsk Iron and Steel Works (MMK) shipped 1,135 million tonnes of galvanized steel to its consumers in 2016, the most in the Company’s history. The previous record of 1,116 million tonnes was achieved in 2014. During the past ...
  • 2017-02-02 19:00:28
    Rusal completes debut Eurobond offering ...
    Rusal has completed the debut offering of Eurobond with the following key terms: principal amount of $600 million, tenor 5 years, coupon rate 5.125% per annum. The bond proceeds will be used to refinance some of Rusal’s existing pre-export finan ...
  • 2017-02-02 12:00:22
    Severstal reported 2016 financial results ...
    Severstal has announced its financial results for the 2016. According to its press release, Severstal’s revenue decreased 7.5% year-on-year to $5,916 million (2015: $6,396 million) primarily reflecting a substantial decline in average steel sel ...
  • 2017-02-01 10:00:37
    MMK celebrates 85th anniversary ...
    Magnitogorsk Iron and Steel Works (MMK) today celebrates the 85th anniversary of the launch of its Magnitogorsk mill. On 1 February 1932 the mill’s first blast-furnace produced its first batch of pig iron. This date has come to be celebrated as ...
  • 2017-02-01 06:00:01
    In 2016 Norilsk Nickel produced 236,000 tonnes of nickel ...
    Norilsk Nickel has announce preliminary consolidated production results for the fourth quarter and full year of 2016 as well as its production outlook for full year 2017. 4Q16 consolidated nickel production amounted to 58,000 tonnes increasi ...
  • 2017-01-31 10:30:12
    Nord Gold continues to maximize shareholder value ...
    Nord Gold acknowledges recent speculation regarding a possible delisting of the Company's global depositary receipts from the Official List and the London Stock Exchange. The Board of Directors continues to consider options for maximisi ...
  • 2017-01-30 11:00:13
    Metalloinvest expanded iron ore and crude steel production ...
    Metalloinvest has announcesd its operational results for the full year 2016. In 2016, Metalloinvest increased iron ore output by 3.1% y-o-y to 40.7 mn tonnes. In Q4 2016, the Company increased iron ore production1 to 10.3 mn tonnes, 4.0% ...
  • 2017-01-27 11:00:36
    Rusal prices $600 million debut Eurobond ...
    Rusal has announced the successful pricing of a debut Eurobond transaction with the following key parameters: size US$600mln, maturity 5 years, coupon 5.125%. Proceeds of the issuance are planned to be used for refinancing of the Company’s curre ...
  • 2017-01-26 12:00:30
    MMK grew of output steel and its products ...
    MMK Group’s total crude steel output in 2016 totalled 12,544 thousand tonnes (up 2.5% y-o-y). Overall steelmaking capacity utilisation at the main Magnitogorsk site (subject to maintenance schedule) amounted to 89% (from 84% in FY 2015). ...