2012-01-31 10:02:00 Metal-Expo’2012: November is on the doorstep
Right after the end of the New Year and Christmas holidays Metal-Expo Management began arranging exposition of Metal-Expo’2012 International Industrial Exhibition . Metal-Expo Management expects more than 700 companies from 35 countries to participate this year.
Already in ...
2012-01-30 10:21:36 OMZ signs a contract on delivery of oil processing equipment to Novokuybishevskiy refinery
OMZ concluded a contract to supply equipment for Novokuybishevskiy oil refinery, which enters Rosneft.
In the framework of the contract Izhorskie Zavody, part of OMZ Group, will produce heavy reactor equipment for combined plant, which is under construction at refinery Novokuibyshevskiy ...
2012-01-30 10:18:41 Moody's upgrades EVRAZ to Ba3, stable outlook
EVRAZ welcome the upgrade by Moody's Investors Service of Evraz Group S.A.’s corporate family rating (CFR) to Ba3 from B1. The outlook of the rating was changed to stable from positive. Concurrently, the senior unsecured rating of Evraz Group's notes was upgraded to B1 from B2. ...
2012-01-27 11:17:09 Samara region and Renova sign agreement for modernizing Kurumoch Airport
As reported on Renova official website the government of the Samara Region and the Renova Group have signed an investment agreement for reconstructing and modernizing the Kurumoch Airport in Samara, an Interfax correspondent at the signing ceremony reported.
Samara Governor Vladimir ...
2012-01-27 10:39:27 OMZ-Special Steels completes installation a of vertical heat-treatment furnace
OMZ-Spesial Steels, part of OMZ Group, has completed construction of the new heat-treatment furnace.
The new shaft electric furnace of the vertical type is used for heating by normalizing, hardening and drawing of workpieces of turbo-generator rotors of steam turbines, propeller shafts ...
2012-01-26 10:28:45 TMK announces 4Q and full-year 2011 production results and trading update
The following contains forward looking statements concerning future events. These forward looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties.
OAO TMK (“TMK” or “the Company”), ...
2012-01-26 10:26:56 IZ-KARTEX delivers its 500th excavator EKG-10
IZ-KARTEX plant, part of OMZ Group, delivered its 500th excavator EKG-10.
EKG-10s operating weight is 400 tons, bucket capacity is 10 cubic meters. This is the most popular model of excavators, produced by IZ-KARTEX. The share of EKG-10 in the total number of excavators produced in ...
2012-01-25 10:50:24 MMK appoints Deputy CEO on Finance and Econimics
According to the Order of MMK CEO Boris Dubrovsky, Alexander Andrianov was appointed Deputy CEO on Finance and Economics (CFO).
Andrianov, born 1966, is a graduate of Leningrad State Technical University (1992) and Moscow State Academy of Management (1995). In 2003 he got a diploma from ...
2012-01-25 10:13:25 Mechel reports 2011 operational results
Production and sales for 2011
Production:
Product name
201 1, thousand tonnes
2010, thousand tonnes ...
2012-01-24 12:03:59 NLMK’s Long Steel Division re-launches Electric Arc Furnace N1
NLMK reports that NSMMZ, its Urals based Long Steel Division steelmaking facility has successfully re-launched the second 1.1 mtpy Electric Arc Furnace (EAF) at its Revda steelmaking facility, following repairs to a transformer at the plant since mid 2011.
The equipment has passed all ...
2012-01-23 10:03:00 RUSAL installed unique equipment at Krasnoyarsk aluminium smelter to broaden range of alloys
RUSAL, the world’s largest aluminium producer, announces the development and launch of a unique magnetic hydrodynamic mixer which will enable the Krasnoyarsk aluminium smelter’s cast house to extend its alloy product range. The cost of the new equipment amounts to USD 2 million. ...
2012-01-20 11:04:10 Arinoy continues developing stainless tubes production
Arinoy Group continues developing welded stainless tubes production facilities. In his interview to Metal Supply & Sales, M. Khoruzhy, Sales Director said that the sixth mill for the production of tubes of 6-22mm in dia. and wall thickness 0,4-2 mm and a hollow sections polishing line had ...
2012-01-20 10:01:00 Norilsk Nickel develops own cobalt production
Norilsk Nickel began to implement own cobalt production line construction project. As the result the Company shall create the only Russian industrial production line of highest grade cobalt electrolyte, world class high quality product.
At the moment, the main cobalt product of Cobalt ...
2012-01-19 10:18:09 Expert RA rating agency gives OMZ the A level “high level of credit status”
Expert RA rating agency confirmed credit status of ОАО OMZ at Level A (high level of credit status).
Among the factors that had a positive effect on the rating, agency analysts attributed the growth of OMZ capital 46% during the period from December 31, 2008 to June 30, 2011, and the ...
2012-01-18 10:35:27 RUSAL successfully completes discussions regarding amendments to the terms of its credit facilities
RUSAL, the world’s largest aluminium producer, is pleased to announce the completion of negotiations with its lenders regarding an option to introduce a covenant holiday in 2012-2013.
RUSAL has agreed with its lenders to amend the current terms of the credit facilities to better ...
2012-01-18 10:30:29 EVRAZ Q4 2011 and FY 2011 operational results
EVRAZ released its operational results for the fourth quarter of 2011 and full year 2011.
FY 2011 HIGHLIGHTS:
Crude steel production grew by 3% compared to FY2010 mainly due to an increase in volumes in the Czech Republic, resulting from the resolution of a pricing dispute with a ...
2012-01-17 10:15:55 New furnace launched at OMZ-Special Steels
OMZ-Special Steels, part of OMZ Group, has launched the brand new heating furnace №31 of №47 fabrication department.
During the modernization automation of heating was carried out alongside replacement of the burners and application of new thermal insulation materials. As a result of ...
2012-01-17 10:12:39 Mechel reports changes in Mecheltrans Management
Mechel, one of the leading Russian mining and metals companies, reports the appointment of Oleg Vasechko as Chief Executive Officer of Mecheltrans Management Company OOO.
Oleg Vasechko, who until now worked as deputy chief executive officer, was appointed Chief Executive Officer of ...
2012-01-16 10:15:56 Severstal announces on behalf of Lybica results of Exchange for Nordgold GDRs
Severstal announces on behalf of Lybica the results of the Exchange for Nordgold GDRs
On 30 November 2011, OAO Severstal (“Severstal”) announced the exchange by its wholly owned indirect subsidiary, Lybica Holdings B.V. (“Lybica”), of the global depositary ...
2012-01-13 10:02:00 Mechel reports finishing laying railway tracks to Elga Coal Complex
Mechel, one of the leading Russian mining and metals companies, announces that it has finished laying tracks along the entire route of the railway link from Ulak station to the Elga coal deposit which is being developed by Mechel Mining's subsidiary, Yakutugol Holding Company.
The last ...
2012-01-13 10:01:00 New appointment at MMK
To improve corporate governance at the MMK company Ruslan Pakhomov has been appointed Strategic Development Advisor
Mr. Ruslan Pakhomov, born 1970, holds an engineer’s degree from the Bauman Technical University (Moscow, Russia). He had spent most of his career at GE in Russia ...
2012-01-11 10:19:18 NLMK expands slab casting capacity
The first slabs have been successfully cast at Novolipetsk’s (NLMK’s main production site in Lipetsk) newly revamped 1 mtpy vertical continuous casting machine (CCM-3). Following the revamp, CCM-3 capacity increased by 300 ktpy due to higher casting rates and shorter periods ...
2012-01-11 10:15:52 Result of Extraordinary General Meeting (EGM)
Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces the results of voting on the resolutions proposed at the EGM held on 30 December 2011.
The following resolutions were approved by Severstal's shareholders at the EGM: ...
2012-01-10 10:58:30 Voting Rights and Capital as at 30 December 2011
This announcement is made in accordance with DTR5.6.1
As at 30 December 2011 EVRAZ plc’s issued share capital consists of 1,337,560,713 Ordinary Shares of US$1.00 each.
The total number of voting rights attaching to the Ordinary Shares of EVRAZ plc is therefore 1,337,560,713. ...
2012-01-10 10:51:47 Norilsk Nickel has approved the Budget for 2012
The Board of Directors OJSC MMC Norilsk Nickel by a majority of votes has approved key parameters of the Company’s budget for 2012.
The Budget approval is the first step in realization of the Company’s production and technical development strategy till 2025.
The budget of ...
2011-12-27 10:56:07 MetalTransLogistics to be held during Metal-Expo’2012
On December 23 Russian Steel’s Committee for Transportation supported the idea of holding MetalTransLogistics, an exhibition for transportation and logistics for mining and metallurgical complex within Metal-Expo’2012. The idea had been previously discussed at the meeting of ...
2011-12-27 10:17:53 Nikolaev alumina refinery reached record production level
RUSAL’s Nikolaev alumina refinery has delivered a record annual production level of 1.6 million tonnes of alumina during 2011.
These record levels were reached following a USD350 million CAPEX programme that has been undertaken at the refinery since 2000, resulting in significant ...
2011-12-26 10:11:51 Severstal commissions second color-coating line to double output of coated hot dip rolled products
Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its steel production unit, the Cherepovets Steel Mill, today commissioned its second color-coating line (CCL-2).
The total investment in the second line is more than ...
2011-12-26 10:09:53 Mechel announces acquisition of Donetsk Electrometallurgical Plant
Mechel, one of the leading Russian mining and metals companies, announces closure of the transaction for the acquisition of 100% of the shares of Donetsk Electrometallurgical Plant (DEMZ AO).
On December 23, 2011, Mechel completed the acquisition of 100% of Donetsk Electrometallurgical ...
2011-12-23 11:18:54 RUSAL approves nanocoatings from RUSNANO Project Company ItN Nanovation
RUSAL, the world’s largest aluminium producer, and RUSNANO announce that RUSAL’s IRKAZ, an aluminium smelter based in Irkutsk, and specialists from RUSAL’s Engineering and Technology Center, have successfully tested Nanocomp Metcast, nanocoatings developed by RUSNANO’s ...
2011-12-23 10:43:21 EVRAZ to upgrade Pueblo Rail operations
EVRAZ announced plans to upgrade its Pueblo, Colo. (United States) rail facility. The upgrades are primarily focused on product quality and operational improvements and are also intended to expand head hardened rail manufacturing capacity.
“As North American rail companies ...
2011-12-23 10:39:57 Mechel launched coke-oven Battery #5 at Mechel-Coke
Mechel, one of the leading Russian mining and metals companies, announces the launch of the reconstructed coke-oven battery #5 at Mechel Mining OAO’s subsidiary Mechel-Coke OOO.
The launch of the facility means that all of Mechel-Coke OOO’s eight coke-oven batteries are now ...
2011-12-22 10:21:21 Norilsk Nickel to modernize Nadezhda Metallurgical Plant
Norilsk Nickel announces the start of Nadezhda Metallurgical Plant (NMP) modernization program, 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).
The goal of NMP modernization is ...
2011-12-22 10:07:00 TMK premium connections receive ISO 13679 CAL IV certification
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that qualification tests of TMK PF premium connections have been successfully held in accordance with the ISO 13679 CAL IV standard. The tests were conducted at the Oil States ...
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 ...