2011-12-22 10:03:00 Mechel reports changes in Mechel-Energo management
Mechel, one of the leading Russian mining and metals companies, reports the appointment of Anatoly Chernakov as the acting Chief Executive Officer of Mechel-Energo OOO.
Anatoly Chernakov has worked as deputy chief executive officer and chief engineer until his appointment as ...
2011-12-21 10:01:00 Izhorskiye Zavody finished production of equipment for Russian NPPs
Izhorskiye Zavody, part of OMZ Group, finished producing equipment for Russian Nuclear Power Plants, which are under construction.
The company completed shipment of equipment for the reactor building of the first unit of the Leningradskaya NPP-2: unbolt device for flanged connectors for ...
2011-12-21 10:01:00 Hot tests of concentrate drying complex start at Lebedinsky GOK
"Hot tests" of the concentrate drying complex start at Lebedinsky iron ore production facility (LGOK).
The tests are a part of the long-term investment project to increase the production of dried concentrate at LGOK. Dried concentrate is highly demanded in the market of iron ...
2011-12-20 10:27:49 RUSAL and SFU develop unique equipment to produce alloys for new generation of electric cables
RUSAL, world’s largest aluminium producer, is pleased to announce that RUSAL’s Engineering and Technology Center jointly with Siberian Federal University created a technology to produce aluminium alloys containing rare earth metals and transition materials, as well as developed ...
2011-12-19 10:12:19 NLMK closes the order book for its RUR10 billion bond issue series BO-02, BO-03
NLMK, a leading Russian steel company, is pleased to announce the closure of the order book for its bond issue series BО-02, BО-03 with a nominal value of RUR1000 per bond. These series have a total value of RUR10 billion and a maturity period of 1092 days (3 years).
In the course of ...
2011-12-19 10:01:00 Izhorskiye Zavody wins tenders on delivery of equipment to Russian NPPs
Izhorskiye Zavody, part of OMZ Group, won several tenders for the supply of primary circuit equipment for Russian nuclear power plants under construction: the 4-th unit for Rostovskaya NPP and 2 units for Baltiyskaya NPP.
Izhorskiye Zavody will manufacture and supply to the 4th unit of ...
2011-12-16 13:46:35 RUSAL announces results for Q3 ended 30 September 2011
RUSAL, the world's largest aluminium producer, announces its results for the third quarter ended 30 September 2011.
Key highlights
Revenue increased by 16.8% to USD3,162 million for the three months ended 30 September 2011, as compared to USD2,708 million for the same period of ...
2011-12-16 10:15:40 Severstal wins exploration and extraction rights for the N1 coal field at Usinskoe deposit
Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its coal production unit, OAO Vorkutaugol, has today won exploration end extraction rights for the N1 coal field at the Usinskoe deposit in the Komi region, Russia. The ...
2011-12-15 09:45:44 TMK and Lukoil sign agreement on pipe supplies for 2012
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and Lukoil, one of the largest global vertically integrated oil and gas companies, have signed an agreement on pipe supplies for 2012.
Under the agreement, TMK guarantees to supply 100% of ...
2011-12-15 09:42:23 EVRAZ consolidates its European steel business
EVRAZ plc and EVRAZ Group S.A.announce the intention to create EVRAZ Europe, a company that will consolidate all the European assets of EVRAZ including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). This decision is another step in the implementation of a ...
2011-12-14 10:28:38 Industrial Washing of Elga Sample Confirms High Quality of Deposit’s Coking Coal
Mechel, one of the leading Russian mining and metals companies, announces that Southern Kuzbass Coal Company’s washing plant produced first coking coal concentrate out of the Elga deposit’s coal.
A sample lot of some 4,000 tonnes of Elga’s coking coal was washed at ...
2011-12-14 10:25:12 Severstal to accumulate 100% of the Putu Iron Ore Project in Liberia
Severstal (hereinafter – Severstal or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, today announces that its indirect subsidiary Lybica Holdings B.V. (“Lybica”) has entered into a legally binding ...
2011-12-13 12:18:28 Russian Renova Group is considering enhancement of its South African manganese operations
Renova group, one of the biggest private Russian conglomerates, headed by Viktor Vekselberg, with substantial presence in oil, energy, utilities, telecoms, mining and other sectors, including shareholding in the world's biggest aluminum producer Rusal, and in one of the world’s top-ten ...
2011-12-13 10:28:04 Mechel wins Cbonds Awards Prize for Best Primary Placement for Domestic Bonds
Mechel, one of the leading Russian mining and metals companies, announces winning the prestigious Cbonds Awards contest in the Best Primary Placement for Domestic Bonds category.
Based upon the Cbonds news agency’s analysis, Mechel won the top place in the Best Primary Placement ...
2011-12-13 10:26:14 MMK announces new appointment at MMK Metalurji in Turkey
MMK Metalurji, part of the MMK Group, announced a new appointment. Sergei Sulimov, deputy general director for company relations at MMK Group, has been named acting general director of MMK Metalurji.
Yury Bodyayev, previously general director of MMK Metalurji, will return to his position ...
2011-12-12 10:14:03 Mechel announces resumption of work at earlier auspended facilities of two Southern Kuzbass mines
Mechel, one of the leading Russian mining and metals companies, reports that work at several facilities at two of Southern Kuzbass Coal Company’s mines, which enables the company to produce at full capacity, was resumed fully after a temporary suspension.
Administrative suspension ...
2011-12-09 10:04:00 RUSAL statement regarding Government Commission decision on Bogoslovsk aluminium smelter
RUSAL considers it necessary to make the following statement.
RUSAL is satisfied with the results of the Government Commission session dedicated to analysis of the situation at the Bogoslovsk aluminium smelter and development prospects of the whole Urals aluminium production cluster. The ...
2011-12-09 10:01:00 EVRAZ plc to be included in FTSE 100 Index
Reportedly, EVRAZ plc has been included in the FTSE 100 Index of the UK’s leading public companies. In so doing it becomes the only steel and mining company in the UK FTSE All-Share Index. The Company will begin trading as part of the FTSE 100 Index on 19th December. EVRAZ plc was ...
2011-12-08 18:50:06 Norilsk Nickel develops resource base
Norilsk Nickel (the Company or the Group) announces that the Company will develop its mineral resource base program within the framework of the Technical and Operational Development Strategy till 2025, approved by the Board of Directors on October 27 2011.
The total investment into the ...
2011-12-08 10:01:05 NLMK’s Sinter Plant cuts dust emission by 20%
NLMK is currently revamping the central dust collection systems at sintering machines Nos.3&4 at its Sinter Plant in Lipetsk. The introduction of a new type of electrostatic precipitator by Alstom Power will reduce residual dust content in exhaust air almost fourfold. Total dust emissions ...
2011-12-08 09:55:24 Eurasian Natural Resources Corporation and Magnitogorsk Iron & Steel Works have settled legal claims
Eurasian Natural Resources Corporation PLC (ENRC) and Magnitogorsk Iron & Steel Works (MMK) have announced their decision to amicably settle the existing dispute between the two companies.
ENRC has dropped its claims against MMK and called off the asset freezing order that was issued ...
2011-12-07 10:12:18 Mechel reports suspension of work at Several Facilities
Mechel, one of the leading Russian mining and metals companies, reports that work was suspended at several facilities at two of Southern Kuzbass Coal Company’s mines.
Following a check conducted at Lenin Underground and New-Olzherassk mines by the Mezhdurechensk territorial branch ...
2011-12-07 10:01:00 Severstal Columbus Launches New Push Pull Pickle Line
Severstal North America announced that the new Push Pull Pickle Line (PPPL) is up and running at its site in Columbus, Mississippi. This new line has a designed annual capacity of approximately 630,000 tonnes (700,000 net tons) of pickled and oiled product. Capable of pickling .059” to ...
2011-12-06 09:51:00 MMK Group announced IFRS Results for Q3 and 9M 2011
MMK announced its consolidated financial statements under IFRS for Q3 and 9M 2011.
9M/Q3 2011 Financial Performance Highlights:
MMK Group 9M 2011 sales amounted to USD 7,063 million, 22% higher y-o-y. MMK Group Q3 2011 sales amounted to USD 2,430 million, in line with Q2 2011. ...
2011-12-06 09:15:00 Severstal Announced Record Date Clarification
Severstal, JSC has been advised by its subsidiary, Lybica Holding B.V., that in connection with the exchange by Lybica of the global depositary receipts (GDRs) representing shares of its subsidiary, Nord Gold N.V., for Severstal shares and Severstal GDRs (the “Exchange”) to ...
2011-12-05 10:17:44 UC RUSAL completes VAS redesign
UC RUSAL, world’s largest aluminum producer, announced the completion of redesigning of the Volkhov aluminum smelter (“VAS”) and the increase of its production capacity as a result of redesign. Total investment to the project amounted to USD 3 million.
VAS completed the ...
2011-12-05 10:06:00 NLMK’s Sinter Plant cuts dust emission by 20%
NLMK is currently revamping the central dust collection systems at sintering machines Nos.3&4 at its Sinter Plant in Lipetsk. The introduction of a new type of electrostatic precipitator by Alstom Power will reduce residual dust content in exhaust air almost fourfold. Total dust emissions ...
2011-12-02 10:53:08 Norilsk Nickel develops gas supply facilities
MMC Norilsk Nickel, JSC informs that pursuant to the Strategy of Production and Technical Development until 2025 adopted by the Board of Directors of the Company on October 27, 2011, MMC Norilsk Nickel implements the program of gas supply facilities development.
In particular, the ...
2011-12-02 10:50:40 President of MMC Norilsk Nickel, received Lawyer of the Year award
MMC Norilsk Nickel, JSC informed that the Company’s President Mr. Andrey Klishas won the highest legal award of the Russian Federation Lawyer of the Year – 2011.
Legal Education and Upbringing Award went to Mr. Klishas and Sergey Shakhray, the Head of Executive Office of ...
2011-12-02 09:25:58 Testing Laboratory MMK proved its competence and professionalism
Testing laboratory of MMK, JSC has successfully passed the accreditation procedure for technical competence in GOST R system.
Certification commission recommended to the Federal Agency of technical regulating and metrology accredited testing laboratory of MMK, JSC for technical competence ...
2011-12-02 09:10:27 Casting and rolling complex produced one million tons of hot rolled coils
Casting and rolling complex (part of the United Metallurgical Company, OMK, JSC) has produced one million tons of hot rolled coils, since the beginning of 2011. This milestone was passed on November 24th.
“The production volumes have been constantly increasing due to commissioning ...
2011-12-01 10:11:00 UC RUSAL alloys to be qualified by leading European automotive companies
UC RUSAL, the world’s largest aluminum producer, is pleased to announce that rolling billets produced at RUSAL’s smelters have been successfully qualified by Novelis company, the world’s largest producer of aluminum rolled products. RUSAL is also working on qualification of ...
2011-12-01 10:00:34 Severstal Announced Proposed Separation of Nord Gold N.V.
Severstal, JSC announced that its subsidiary, Nord Gold N.V., an established pure-play gold producer focused on emerging markets, may be separated from its Severstal Group integrated steel operations (through exchange of shares and GDRs).
The separation will be made by means of exchanges ...
2011-12-01 09:25:00 TMK Announced 9M 2011 IFRS Results
TMK, JSC, one of the world’s leading producers of tubular products for the oil and gas industry, announced its interim consolidated IFRS financial results for the nine months ending September 30, 2011.
9M 2011 Highlights
Financials:
Revenue increased by 31% year-on-year to ...
2011-12-01 09:00:00 50 Years of Development in Acroni
The Development Department of Acroni steelworks of SIJ – Slovenian Steel Group was founded in November 1961 and this year it celebrates 50 years of its existence. In Jesenice, where Acroni is located, development in the steel industry has a rich tradition. It was already established in ...
2011-11-30 12:46:44 UMMC - leader in copper pipes market
Metal-Expo’2011, 17th International Industrial Exhibition held on 15-18 November in Moscow, became this year’s summarizing point in the Russian steel industry. UMMC is the event’s regular exhibitor.
This year, during the four days of the exhibition UMMC’s stand ...
2011-11-30 09:30:31 Izhora plants completed production of metal structures
Izhora plants, part of OMZ Group, completed the production of steel structures for two large companies: Mostotrest, JSC and Mostostroitelny Otryad # 19, JSC; these companies are engaged in transport construction on the territory of Russian Federation.
For the Mostotrest, JSC steel ...
2011-11-29 14:27:20 United Metallurgical Company launched Mill-5000
United Metallurgical Company (OMK), commissioned complex Mill-5000 (MKS-5000). It is designed to manufacture wide plates for production of large diameter pipes. The new plant will allow the Russian pipe manufacturers to increase their share on large diameter pipes international market. ...
2011-11-29 12:27:06 Norilsk Nickel upgrades generating capacities
MMC Norilsk Nickel announced the start of modernization program targeted at the Company’s energy assets, which will be implemented as part of the Group’s 2025 production and technical development strategy (approved by the Board of Directors on October 27).
In particular, the ...
2011-11-29 09:30:00 Mechel Announced Signing Long-Term Partnership Agreement with BelAZ
Mechel, JSC one of the leading Russian mining and metals companies, announced the signing of a long-term partnership agreement with BelAZ, JSC during the session of the Supreme State Council of the Union State of Russia and Belarus held on the level of heads of state.
Mechel JSC’s ...
2011-11-28 12:33:45 OMK expects revenue to drop by 7-8% in 2011
United Metallurgical Company’s revenue in 2011 may decrease by 7-8%, informed Vladimir Markin, the Company’s President.
According to Mr. Markin, decrease in net income and EBITDA for the current year is expected to reach 15%, compared to 2010.
In 2010, company’s ...
2011-11-28 11:42:06 Mechel-Coke is implementing investment program
Pavel Shtark, the Managing Director of Mechel-Coke (plant, located in Chelyabinsk, which produces coke-chemical products, with the production capacity 2.7 million tons) informed Metal Supply and Sales Journal about the implementation of investment program.
The investment program involves ...
2011-11-28 10:43:28 UC RUSAL enters into purchase agreement with NORINCO
UC RUSAL, the world’s largest aluminum producer, announced execution of a share purchase agreement with China North Industries Corporation (NORINCO) under which it has agreed to purchase a 33% stake in a company Shenzhen North Investments Corporation Limited (Shenzhen North ...