Metallurgy news

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  • 2009-10-22 11:03:30
    Mechel completed placement of its 05 series bonds
    Mechel completed placement of its secured non-convertible interest-bearing documentary bonds payable on demand, an opportunity for early redemption at holders’ request and issuer’s discretion provided. Maturity falls 3 276 days after placement date, id est on October 9, 2018. ...
  • 2009-10-21 10:03:22
    Severstal announces results of voting on resolutions proposed at Extraordinary General Meeting
    OAO Severstal announces the results of voting on the resolutions proposed at the Extraordinary General Meeting held on 19 October 2009. To re-elect the Board of Directors of OAO Severstal composed of the following: Alexey Mordashov, Mikhail Noskov, Sergei Kuznetsov, Anatoly Kruchinin, Alexey ...
  • 2009-10-20 10:18:31
    Online registration of Metal-Expo’2009 visitors is closing tomorrow
    Tomorrow, on October 21, Metal-Expo is closing online registration of visitors of Metal-Expo’2009, 15th International Industrial Exhibition. In order to improve visitor service and to save visitors’ time Organizers of Metal-Expo decided to open online registration on the official ...
  • 2009-10-20 09:59:34
    NLMK’s specialists start using new equipment for air quality control
    The physical-chemical laboratory at NLMK's Industrial Ecology Department has begun using a new ultraviolet gas analyzer for continuous air contamination level measurement. By using the new equipment, the plant’s environmental specialists are able to control air quality dynamics at the ...
  • 2009-10-19 11:22:16
    Evraz acquires Carbofer Metall in Russia
    Evraz Group S.A. (LSE: EVR) (“Evraz”) announces the closing of the deal with Carbofer Group for the acquisition of Carbofer Metall, one the largest Russian steel distribution networks, which Evraz and Carbofer Group was discussing at the time of Evraz’s 1H2009 results ...
  • 2009-10-19 11:16:07
    MMK closes transaction on acquisition of 82.6% of Belon coal company
    OJSC “Magnitogorsk Iron and Steel Works” (MMK) announces that it has closed the transaction to get effective control over 82.6% of OJSC “Belon” (Belon) – one of the leading coal concentrate producers in Russia. At the final stage of the transaction MMK increased ...
  • 2009-10-16 11:22:13
    Development of world’s biggest complex ore deposit has begun
    Reportedly, on October 14, large scale boulder blasting was undertaken at Ozerny Complex Ore Deposit, Buryatia. According to the license agreement and plan of operation Metals of Eastern Siberia Corporation and Ozerny GOK incorporated in Metropol Group began large scale development of Ozerny ...
  • 2009-10-15 12:52:17
    Metal-Expo’2009 exhibitor list has been pasted on web-site
    Metal-Expo’2009, 15th International Industrial Exhibition will be held in Moscow on November 10-13, 2009 at Crocus Expo, one of the largest and the most modern exhibition fairgrounds. All the segments of Russian and international steel industries, machine-building, as well as metal and ...
  • 2009-10-15 11:26:16
    TMK announces third quarter 2009 production results
    The following may contain forward looking statements concerning future events. These are based on current information and assumptions concerning known and unknown risks and uncertainties. OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers, today ...
  • 2009-10-14 10:15:09
    Severstal-metiz opens Teci Rus and Teci Istanbul service centers
    The Severstal-metiz Group of Companies develops service and distribution in wire rope business. Two centres – Teci Rus and Teci Istanbul – have opened in Russia and Turkey. Following the strategy to become a leader in the world steel rope market, the Severstal-metiz Group and its ...
  • 2009-10-13 11:00:59
    Viktor Rashnikov to improve MMK management system
    Viktor Rashnikov, Chairman of Board of Directors, MMK, JSC has signed an order of improvement of management system of MMK, JSC Group. In order to abolish needless links in the management chain, decrease the number of management levels, improve organization structure, reduce management expenses, ...
  • 2009-10-12 10:52:23
    Controlling shareholders of NF Holdings B.V to close transaction for sale of 100% of NF Holdings B.V
    According to information obtained by CZP, the controlling shareholders of NF Holdings B.V., which owns a controlling interest in CZP, have closed the transaction for the sale of 100% of NF Holdings B.V. The purchasers under the transaction are a consortium of independent investors, including ...
  • 2009-10-09 11:28:32
    Hatch to develop cooperation with Russian mills
    Hatch, a Canadian company specializing in engineering and projects management in metal and steel complex plans to extend its presence in Russia. This was announced at the press-conference held on October 8. According to Kurt Strobele, head of Hatch, besides Canada, the company has its ...
  • 2009-10-09 11:04:59
    Quality of MMK plates is guaranteed by high technologies used on mill «5000»
    Plate mill «5000» with the capacity up to 1.5 mln a year was commissioned at MMK last July. Commissioning of the mill built according to the most advanced technologies used in the world machine-building enabled MMK to manufacture high quality and competitive products which has not ...
  • 2009-10-08 09:51:46
    RUSAL implements programme for alumina transportation in big bags
    UC RUSAL, the world’s largest aluminium and alumina producer, announces a new programme, developed by the Company, for alumina transportation in big bags. The programme has been launched at the Khakas, Sayanogorsk, and Bratsk aluminium smelters. Transport costs add considerably to total ...
  • 2009-10-08 09:47:20
    TMK supplies Sakhalin - Khabarovsk - Vladivostok Pipeline
    TMK, one of the world's leading producers of oil and gas pipes, announced today that it began shipments of longitudinal welded large-diameter pipes to Gazprom for the construction of the Sakhalin - Khabarovsk - Vladivostok gas pipeline. During the month of September, TMK shipped 8,000 tonnes ...
  • 2009-10-07 09:43:27
    Moody's Investors Service affirms investment grade 'Baa2' rating on Norilsk Nickel with stable outlook
    OJSC MMC Norilsk Nickel is pleased to announce that on October 6 Moody’s Investors Service (hereinafter – Moody’s) affirmed its 'Baa2' rating on the Company following a review of its current operating performance and recent business developments. The outlook remains stable. ...
  • 2009-10-06 10:14:28
    Mechel announces establishing its representative office in Japan
    Mechel, one of the leading Russian mining and metals companies, announces establishing its official representative office in Tokyo, Japan. The date of official opening of Mechel’s representative office in Japan is October 1, 2009. The representative office of the company will support ...
  • 2009-10-05 10:02:23
    Armenal launches full-scale production of 7-micron foil
     RUSAL, the world’s largest aluminium and alumina producer, announces the launch of full-scale production of ultra thin 7-micron foil at its Armenal foil mill in Armenia. Between 2007 and 2009 the facility invested over USD 6 million in production development with most of the budget ...
  • 2009-10-02 10:01:00
    OMZ to complete hydrotests of second grade hydrotreater for Lukoil-Nizhegorodnefteorgsintez
    Izhorskiye Zavody, part of OMZ Group, has successfully completed hydraulic tests of the second grade vacuum gas oil hydrotreater for the modernized Kstovo Refinery (LUKoil-Nizhegorodnefteorgsintez LLC). In the process of the hydraulic tests the reactor, representing a vessel 30 meters in ...
  • 2009-10-02 10:01:00
    Norilsk Nickel reports timely retirement of eurobonds in full for amount of USD 500 million
    Norilsk Nickel Finance Luxembourg S.A. retired a USD 500 million issue of Eurobonds and paid a coupon yield for the settlement date in the amount of USD 17.8 million. These funds will be distributed among Eurobonds holders by authorized agents Deutsche Bank AG and London Deutsche Bank ...
  • 2009-10-01 11:30:48
    Severstal Russian Steel division to supply steel products to St. Petersburg
    Cherepovets Steel Mill’s total supplies of A500C heat-strengthened rebar steels to Leningrad Nuclear Power Station in September exceeded 800 tons. Whereas total supplies In Jene-September Severstal-Invest Trade House supplied more than 230 tons of rebar steels to the construction site. ...
  • 2009-10-01 11:06:18
    Arkley Capital has completed transaction for selling its zinc assets
    Arkley Capital S.à r.l., Luxembourg, has completed a transaction through which 100% of the shares in NF Holdings B. V., which controls 58% of the shares of Chelyabinsk Zinc Plant (RTS, MICEX, LSE: CHZN) – a leading Russian zinc producer – has been sold. The purchaser was a ...
  • 2009-09-30 10:05:00
    Mechel announces change in name of its subsidiary
    Mechel OAO, one of the leading Russian mining and metals companies, announces that the name of its subsidiary, Mechel Management OOO, has changed. The subsidiary’s new name is Mechel-Steel Management Company OOO. From September 14, 2009, Mechel Management Company OOO, which is a part of ...
  • 2009-09-29 11:08:29
    Zlatoust Metallurgical Works has manufactured 17 thd tons of steel products in September
    Zlatoust Metallurgical Works has manufactured and dispatched 17 thd tons of steel products in September 2009. The production program of the works includes manufacture of 22 thd tons of steel products in September. Besides, increase in the charge of the works has been mainly furthered by a ...
  • 2009-09-28 10:52:54
    MMC Norilsk Nickel undertakes production modernization project worth Rub2.2 bln
    OJSC MMC Norilsk Nickel implements a project of metallurgical production modernization at the OJSC Kola MMC site in Zapolyarny (Murmansk Area). The project will allow replacement of the existing pelletizing-roasting circuit generating a considerable amount of non-treatable gaseous SO2 with ...
  • 2009-09-25 11:05:07
    Evraz announces major keystone XL pipe order
    Evraz Group announces that its subsidiary in North America, Evraz Inc. NA, has received a significant Large Diameter Pipe order from TransCanada Corporation for a portion of the Keystone Gulf Coast Expansion Project (Keystone XL). Keystone XL’s 1,980 mile (3,200 kilometers) 36” ...
  • 2009-09-24 11:00:50
    Severstal to resume cooperation with Interpipe
    Severstal Ukraine incorporated in Severstal Russian Steel division resumes cooperation with Interpipe Group. According to I. Gutorov, Director General, Interpipe, 1.5 thd tons of low rolled products of low alloyed steels which are not produced in Ukraine were dispatched to the company in July- ...
  • 2009-09-23 14:10:21
    RUSAL commissions first complex of new casthouse at Irkutsk Aluminium Smelter
    RUSAL, the world’s largest aluminium and alumina producer, announces commissioning of the first start-up complex of new Casthouse 3 at its Irkutsk aluminium smelter (IrkAZ). The company invested approximately USD 50 million in the expansion of IrkAZ casting facility and commissioning of ...
  • 2009-09-23 10:47:15
    Zlatoust Metallurgical Works to increase output
    Production program of Zlatoust Metallurgical Works includes increasing output to 21 thd tons in September 2009. Since the beginning of the month the works has produced 10 thd tons of steel products, and 8.8 thd tons have already been dispatched. 6.3 thd workers are involved in the main ...
  • 2009-09-22 10:43:25
    Mechel announces new appointments
    Mechel OAO, one of the leading Russian mining and metals companies, announces the appointment of new Managing Director at Korshunov Mining Plant OAO, which is a part of the company’s subholding structure Mechel Mining. Boris Sedelnikov (51) has been appointed Managing Director of ...
  • 2009-09-21 10:43:03
    Severstal closed book for RUB 15 billion Bonds issue 3.7 times oversubscribed
    he total book exceeded RUB55 billion and closed more than 3.7 times oversubscribed. Severstal RUB 15 billion Bonds issue series BO-01 with 3-year maturity and 2-year put option was admitted to trading on August 31, 2009, identification number 4B02-01-00143-A. The coupon is paid semi-annually. ...
  • 2009-09-21 10:38:00
    Norilsk Nickel to expand its river fleet
    The tug boat built for OJSC MMC Norilsk Nickel (MMC Norilsk Nickel or the Company) was commissioned in the town of Bor (Nizhny Novgorod region) and the Russian flag was raised on the river tug today. Portovy-1 river tug is the first new generation river tug to be used on domestic waterways of ...
  • 2009-09-18 10:35:29
    NLMK to issue bonds
    Novolipetsk Steel, a leading Russian steel company, is pleased to announce that its Board of Directors approved a decision to launch its bond program. The total value of the bond program that will be traded on the Russian debt market is RUR50 billion. More detailed information regarding ...
  • 2009-09-18 10:29:57
    OMZ's IZ-CARTEX completes manufacturing of new EKG-12K Shovel
    OMZ (Uralmash-Izhora Group), a leading heavy machinery company with assets located in Russia and the Czech Republic, announced today that its IZ-KARTEX company has completed production of the first EKG-12K mining shovel. In September 2009 the shovel will be shipped to the customer, Olenegorsk ...
  • 2009-09-17 11:16:48
    Long products market participants to meet in Revyakino, the Tula Region
    More than 70 heads and professionals of long products supplying companies, companies specializing in supplies of construction sites with metal and steel products, and manufacturers of rebar steel products are meeting today at Revyakino Metal-Rolling Plant to discuss the state of things in the ...
  • 2009-09-16 17:51:55
    Sredneuralsky Copper Smelter continues modernization of its facilities
    Despite difficult economic situation in the Russian market Sredneuralsky Copper Smelter continues modernization of its facilities reports a local newspaper. The modernization of the enterprise has mainly focused on the chemical plant creating new jobs. “Despite the economic recession, ...
  • 2009-09-16 10:54:33
    NLMK resumes transformer steel production in Lipetsk
    NLMK is pleased to announce that it has restarted its transformer steel production shop in Lipetsk, which was stopped last April due to a slow-down in electrical steel sales on the international markets. The decision to resume transformer steel production in Lipetsk was taken due to improvement ...
  • 2009-09-15 10:55:55
    Rusal enterprises to increase railway transportation
    In January – August 2009 Russian Rusal enterprises increased railway transportation of aluminium by 17.9% as compared to the corresponding period of the last year, RZD-Partner reports. According to Russian Railways official statistics, in January – August 2009 Rusal enterprises ...
  • 2009-09-14 10:27:21
    Mechel announces commissioning new equipment at Beloretsk Metallurgical Plant
    Mechel OAO, one of the leading Russian mining and metals companies, announces commissioning of the new production line for cold-deformed reinforcement wire held today at its Beloretsk Metallurgical plant (BMP) subsidiary. The new production line for cold-deformed reinforcement wire ...
  • 2009-09-11 10:24:17
    RUSAL announces completion of extensive modernisation programme at Krasnoyarsk smelter
    RUSAL, the world’s largest aluminium and alumina producer, announces the completion of its five-year environmental modernisation programme of the Krasnoyarsk aluminium smelter (KrAZ). The сompany invested over USD 300 mln in the programme. Earlier today, KrAZ commissioned a new gas ...
  • 2009-09-10 10:50:58
    Evraz to make block listing application
    On September 9, 2009 Evraz Group S.A.made a block listing application for the admission of up to 93,399,999 GDRs to the Official List of the UK Listing Authority and to trading on the regulated market of the London Stock Exchange. Each GDR represents one third of an ordinary share in the ...
  • 2009-09-10 10:40:25
    Norilsk Nickel fleet commenced direct cargo transportations to European ports
    The Arctic fleet of OJSC MMC Norilsk Nickel (hereinafter – MMC Norilsk Nickel or the Company) consisting of five ice-reinforced Arctic vessels has commenced direct cargo transportation from the Dudinka port to the ports of Europe (Hamburg and Rotterdam). Earlier, the exported metal ...
  • 2009-09-09 10:02:00
    All types of equipment for metalworking and steel service centers to be presented at Metal-Expo’2009
    Manufacturers and suppliers of equipment for metalworking and steel service centers actively apply for participation in Metal-Expo’2009 in Moscow. For example, MEP (Italy), a machine-tool company will present their Format 12, an automatic stirrup bending machine offering it on special ...
  • 2009-09-08 13:20:30
    October: time to start the sales engine!
    Metal Supply & Sales, General Information Partner of Metal-Expo’2009, 15th International Industrial Exhibition is making a special offer to all its exhibitors. The publication offers its partners to publish in the October issue materials about the range of products, technologies and ...
  • 2009-09-08 11:17:09
    Tatpof to master manufacture of thin-wall shapes
    Tatprof has announced mastering of thin-wall shapes with wall thickness reaching 0.6mm manufacture as part of thin-wall shaped extrusion program. Reducing of wall thickness was demanded by the market. As a result, the company extended its presence in the furniture shapes, interior design, shop ...
  • 2009-09-08 10:01:00
    Daniel Harris appointed President of Stratcor
    Evraz Group ("Evraz") announced an appointment of Mr. Daniel C. Harris as President of Strategic Minerals Corporation (Stratcor), Evraz’s vanadium subsidiary operating in the US and South Africa. Following the retirement of the current Stratcor President Hein Enslin, Daniel ...
  • 2009-09-07 10:55:52
    OMZ's Izhorskiye Zavody manufactures first hydrotreater for LUKoil-Nizhegorodnefteorgsintez
    OMZ (Uralmash-Izhora Group), a leading heavy machinery company with assets located in Russia and the Czech Republic, announced today that its Izhorskiye Zavody unit has completed production of the first 3R-2001 vacuum gas oil hydrotreater for modernization of the Kstovo refinery owned by ...
  • 2009-09-07 10:01:00
    TMK GF premium connection successfully tested at VNIIGaz
    TMK, a global leader in the manufacturing of tubular products for the oil and gas industry, announced today that its TMK GF premium connection was successfully tested at VNIIGaz. Gazprom’s Scientific-Research Institute of Natural Gases and Gas Technologies (VNIIGAZ) carried out a series ...
  • 2009-09-04 10:55:19
    Expert RA Rating Agency to assign credit rating to OMZ
    Expert RA Rating Agency has assigned A Credit Rating to OMZ OJSC (Uralmash-Izhora Group). The A level means High Level of Creditworthiness. The agency's experts refer to a high probability of support of the company by Gazprombank, OMZ's owner, as to a factor which contributed to the rating ...