CIS Steel Industry News

Metinvest joins Dutch Association of the Metallurgical Industry ...
Tue, 16 Jul 2019 10:20:25 GMT
Metinvest B.V. (Netherlands), the parent company of Metinvest Group, the international vertically integrated group of steel and mining companies, has joined the Dutch Association of the Metallurgical Industry


NLMK to upgrade steelmaking operations and cut air emissions
Wed, 10 Jul 2019 00:00:00 GMT
NLMK Lipetsk, NLMK Group's flagship production site, has embarked upon a large-scale overhaul of its steelmaking capacities, namely BOFs and associated dedusting equipment in BOF Shop


Mechel, BELAZ-24 Cinch Deal for Dump Truck Supply
Sat, 06 Jul 2019 00:00:00 GMT
Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports signing an agreement with CTP BELAZ-24 OOO for 15 dump trucks with a total value of approximately two billion rubles. The deal was signed on the sidelines of the international specialized mining technologies exposition Russian Coal and Mining held in Novokuznetsk. The new trucks with capacity ranging from 130 to 220 tonnes will come to Mechel Groups facilities in Kemerovo and Irkutsk Regions, with 11


Russia: Svobodniy Sokol to supply pipes for water pipeline
Fri, 05 Jul 2019 09:45:28 GMT
A construction of a water pipeline from the village of Sosenki to the city district of Troitsk has begun. The diameter of the pipeline will be 1,000 mm. The pipes of high quality pig iron manufactured by Svobodniy Sokol have been chosen for the construction. (Ukrainian


NLMK Corporate University joins EFMD association
Fri, 05 Jul 2019 00:00:00 GMT
The Corporate University of NLMK Group has become a member of the European Foundation for Management Development (EFMD), a leading international


MMK completes modernisation of small-grade wire mill 170
Fri, 05 Jul 2019 00:00:00 GMT
In the Magnitogorsk Iron and Steel Works (MMK) long products shop, the overhaul of the two-thread fine-wire mill 170 was completed. Repair works on the unit were carried out simultaneously with the reconstruction


Russia: OMZ-Spetsstal gets new CEO
Wed, 03 Jul 2019 09:45:36 GMT
Dmitriy Porkovskiy has been appointed a new OMZ-Spetsstal LLC CEO. He has started working in metal industry in the sheet-rolling shop No. 3 in Kolpino. In 2014 he was appointed deputy director of the pipe manufacture division of Severstal. From June 2015 till June 2019 he has been the director of the pipe manufacture


NLMK shareholders approve Q1 2019 dividends
Thu, 27 Jun 2019 00:00:00 GMT
At the Extraordinary General Shareholders Meeting (EGM) held on 7 June 2019, NLMK shareholders approved the payment of Q119 dividends of RUB 7.34 per share, or 100% of the Companys free cash flow according to NLMK Groups consolidated statements prepared in accordance with


SEAISI Press Release
Wed, 26 Jun 2019 00:00:00 GMT
Russian ferrous scrap exports decline prior to quota


Russia: Kosaya Gora Works not to pay dividends for 2018
Tue, 25 Jun 2019 09:51:59 GMT
Kosaya Gora Iron and Steel Works has held a meeting of shareholders. One of the issues of the June 24 meeting was the dividend payment for 2018. The shareholders decided not to pay dividends, and to spend the profit on the development of the company. (Ukrainian


MMK introduces digital solution to track car availability
Mon, 24 Jun 2019 00:00:00 GMT
At two plate-rolling workshops of Magnitogorsk Iron and Steel Works (MMK), a new digital system has been put in place for monitoring the number of cars that are in commercial operation. The system will allow for rapid identification of violations during work with rolling stock and significantly improve the efficiency of shipment


Metalloinvest develops rolled steel production capabilities at ...
Fri, 21 Jun 2019 00:00:00 GMT
Metalloinvest has commissioned a new reduction and calibration section for Rolling Mill 350s mid-size production line at Rolling Unit #2 at OEMK (part of the Metalloinvest). Investment in the project totalled more than 600 mn roubles. The modernisation will enable the Company to increase production of high-quality rolled steel by 67,000 tonnes per year. The new reduction and calibration section will ensure that every steel bar is the correct size, within 0.15mm diameters of precision. The


TMK holds Annual General Meeting of Shareholders
Thu, 20 Jun 2019 23:37:14 GMT
TMK announces that the Annual General Meeting of Shareholders (AGM) was held in Yekaterinburg, Russia, on June


NLMK Group and Fort Ross Ventures sign cooperation agreement
Mon, 17 Jun 2019 00:00:00 GMT
NLMK Group and venture capital firm Fort Ross Ventures, a partner of Sberbank, have penned an agreement to cooperate to support


Ukraine: 2 miners perish at Pokrovskoye Mine Group
Fri, 14 Jun 2019 09:29:05 GMT
On June 12, 2 miners perished at the Pokrovskoye Mine Group. As a result of an accident a miner of the breakage face died. The same day an engineer of underground machinery received fatal damages. Last year Metinvest bought 24.99% of the Pokrovskoye shares for $190 million from Victor Nusenkis. (Ukrainian


Metinvests debt refinancing wins European Commodities Finance ...
Tue, 11 Jun 2019 15:32:55 GMT
Metinvest, the vertically integrated group of steel and mining companies, is pleased to announce that TXF has named the Groups debt refinancing arrangement as the European Commodities Finance Deal of the Year in its competition for the annual TXF Deals of the Year, also known as the Perfect


Russia: Severstal Distribution sales exceed 100 thousand tons
Fri, 07 Jun 2019 09:44:48 GMT
In May, Severstal Distribution sold 109 thousand tons of metal in Russia. On average since the start of the year the company has been selling 82 thousand tons of metal per month. The previous record of 95 thousand tons was set in August 2018. The record-high volume of sales has been reached as the


MMK Industrial Park entered top 30 of investment attractiveness ...
Thu, 06 Jun 2019 00:00:00 GMT
Magnitogorsk Iron and Steel Works (MMK)'s Industrial Park ranked 30th in the Investment Attractiveness Rating of Industrial Parks and Special Economic Zones according to media group


Steel-pan stalwarts passed on unheralded
Wed, 05 Jun 2019 23:09:00 GMT
Former Parliamentarian and Leader/Director of the famed Chronicle Atlantic Steel and Brass Orchestra hurried home to ... would precede the world- known Atlantic on its tours to Russia, Brazil, North


Russia: ChMK produces rails for Moscow subway
Wed, 05 Jun 2019 10:00:28 GMT
Chelyabinsk Iron and Steel Works rail products are used in the reconstruction of the Moscow subway. Under the contract, ChMK has supplied 2 thousand tons of R50 and R65 rails to the Moscow tube. Until 2020 some 265 km of rails will be replaced. This is the third order from Moscow subway to ChMK.


Number of news reports: 20