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  • 2017-01-20 11:00:58
    ChelPipe successfully refinanced syndicated loans ...
    Chelyabinsk Pipe Plant (ChelPipe) has announced early extinguishment of the syndicated loans totaling 80 billion rubles obtained in 2012. The loans were refinanced with funds obtained under credit arrangements signed with VTB Bank, Gazprombank and Sbe ...
  • 2017-01-19 10:30:00
    EVRAZ grew output of coking coal concentrate ...
    EVRAZ has announced its operational results for the full year of 2016. In 2016, consolidated crude steel production and steel product output, net of re-rolled volumes, decreased by 5.7% and 6.1% respectively. This was mainly due to weak ...
  • 2017-01-18 12:00:12
    В Хабаровском крае растет добыча олова ...
    В Министерстве природных ресурсов Хабаровского края подвели итоги работы горнорудного комплекса в 2016 г. По данным ведомства, с января по декабрь предприятия добыли более 19,5 т золота, что на 6,4% превысило плановые показатели и на 3,4% – уров ...
  • 2017-01-18 11:00:31
    KrAZ to produce large diameter ingots ...
    The Krasnoyarsk Aluminium Smelter (KrAZ, part of Rusal) is to implement the construction of a new foundry complex for the production of cylinder ingots of 230 mm to 457 mm diameter. The capacity of the new production complex will comprise 120,000 tonn ...
  • 2017-01-13 12:00:15
    TMK plans to increase shipments in 2017 ...
    In 2016, TMK shipped a total of 3,440k tonnes of tubular products, down 11.2% y-o-y. The decline was mainly due to lower welded pipe sales. Seamless pipe shipments remained almost flat y-o-y at 2,399k tonnes. Welded pipe shipments we ...
  • 2017-01-11 12:00:35
    NLMK Europe Plate Division management is changed ...
    NLMK Group has announced the appointment of Cornelius Louwrens as the CEO of NLMK Belgium Holdings1 plate business. It includes two of NLMK Group’s European sites: NLMK Clabecq (Belgium) and NLMK Verona (Italy), and together with NLMK DanSteel ( ...
  • 2017-01-11 10:00:56
    Реконструкция «Лужников» завершится в марте ...
    Уже в марте этого года стадион «Лужники» будет готов к сдаче после реконструкции, сообщил заместитель мэра Москвы по вопросам градостроительной политики и строительства Марат Хуснуллин. «Основные строительные работы в & ...
  • 2017-01-09 06:00:06
    ChelPipe signed credit lines with 3 banks ...
    Chelyabinsk Pipe Plant (ChelPipe) announceв lines of credit signed with Sberbank, VTB Bank and Gazprombank amounting up to 80 billion rubles. The maturity of the loans is up to 7 years. The funds will be spent on refinancing the current debt ...
  • 2017-01-04 06:00:59
    IMH increases debt ...
    Eurasian Development Bank (EDB) and the Industrial Metallurgical Holding (IMH) signed a loan agreement to boost iron ore outputs. The document was signed by Konstantin Limitovsky, Deputy Chairman of the Management Board at EDB, and Evgeny Zubitskiy, P ...
  • 2017-01-04 06:00:46
    New beryllium project are planned in Russia ...
    Expert Council of the Industry’s Development Fund approved 12 preferential loans amounting up to 2.93 bullion rubles (approximately $48.305 million). According to one of them, company Rare Metals of the Siberia plans to organize a plan ...
  • 2016-12-29 10:04:57
    Metalloinvest extended cooperation with Globaltrans ...
    Metalloinvest and Globaltrans today announced that the companies have extended the long-term service for a further three-year period. The key terms of the contract remain unchanged - Globaltrans will continue servicing 100% of Metalloinvest’s fr ...
  • 2016-12-28 17:30:07
    Nord Gold enters into agreement with ING ...
    Nord Gold has announced that it has entered into a 3-year facility agreement with ING Bank N.V. in the amount of US$150 million. Nord Gold intends to use the proceeds for general corporate purposes, including financing capital expenditu ...
  • 2016-12-26 15:11:35
    NLMK Group to build new reheating furnace at NLMK Pennsylvania ...
    NLMK Group has signed an agreement for the purchase of the core process equipment for the construction of a new walking-beam reheating furnace to streamline the slab heating process at NLMK Pennsylvania (Farrell, PA, USA). The new furnace will replace ...
  • 2016-12-21 06:00:30
    Renaud Moretti appointed CEO of NLMK Europe Strip ...
    NLMK Group announced the appointment of Renaud Moretti as CEO of NLMK Europe Strip, the division which includes NLMK La Louviere, NLMK Strasbourg and the service centre NLMK Manage. The division was previously managed by Ben de Vos, wh ...
  • 2016-12-20 14:14:29
    Metalloinvest is to modernize Ural Steel ...
    Metalloinvest has signed a contract with SMS Concast AG (Switzerland) for the modernisation of the four-strand continuous casting machine at Ural Steel (CCM #1). As part of its modernisation, CCM #1 will be adapted to produce 455mm bille ...
  • 2016-11-22 12:07:32
    Rusal completed the sale of Alpart alumina refinery in Jamaica ...
    Rusal has announced that it has completed the sale of a 100% stake in Alumina Partners of Jamaica (Alpart) to Jiuquan Iron & Steel Group (Jisco) for a $299 mln cash consideration. The transaction was successfully completed following ...
  • 2016-11-11 17:10:54
    Mechel has attended Metal-Expo ...
    Mechel Group reports its participation in the 22nd International Industrial Exhibition Metal-Expo, which was held at the All-Russia Exhibition Center in Moscow on November 8-11, 2016. Within the expo’s framework, representatives of ...
  • 2016-11-07 14:05:54
    TMK signs contract with Petroleum Development Oman ...
    The Sultanate’s leading pipe manufacturer, TMK Gulf International Pipe Industry (TMK GIPI), part of global pipe manufacturer TMK, has signed a four-year 200 million USD contract with Petroleum Development Oman (PDO) to produce and supply a varie ...
  • 2016-11-02 15:00:38
    KUMW continues to build new rolling complex ...
    Kamensk-Uralsk Metallurgical Works (KUMW) builds the second stage of tne new rolling complex with capacity of 160,000 tonnes of aluminium plates, shtrips and sheets pert year. In May, 2015 KUMW launched the first stage, which consist cold ro ...
  • 2016-11-02 13:00:11
    NLMK Group centralizes control over European projects ...
    NLMK Group is opening NLMK Europe’s Project Office, a new division for integrated planning and implementation of investment programmes at the Group’s European facilities. Konstantin Lagutin, NLMK Group’s VP for Investme ...