CIS Steel Industry News

Agnes Ritter elected to Board of Directors
Fri, 14 Sep 2018 00:00:00 GMT
PAO Severstal (LSE: SVST;MICEX-RTS: CHMF), one the worlds largest vertically integrated steel and mining companies, announces the results of voting following an extraordinary general meeting of shareholders held on 14 September 2018. Severstal's shareholders approved the payment of a dividend of 45.94 rubles per share for the three months ended 30 June 2018. The record date for this dividend payment is 25 September 2018. At the EGM, Agnes Ritter, Technical Director of AO Severstal Management...


MMK to help develop standards for technology and innovation
Fri, 14 Sep 2018 00:00:00 GMT
Magnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies competitiveness. The Standards will constitute recommendations on working with external innovations, along with other measures aimed at making large companies more efficient and creating a supportive business environment for new tec...


Ukraine: Lvivugol mine completes annual plan
Thu, 13 Sep 2018 08:51:06 GMT
The Velikomostovskaya mine of the state enterprise Lvivugol has exceeded its annual plan by 112.6%. On September 10 the mine completed its annual plan on rock mining. Since the start of the year the enterprise has mined 1550 meters of rock. (Ukrainian metal)


NUST MISiS laboratory develops innovative steel grades for OEMK
Fri, 07 Sep 2018 00:00:00 GMT
The steelmaking laboratory of the A.A. Ugarov Stary Oskol Technological Institute, a branch of the National University of Science and Technology MISiS (NUST MISiS), launched at OEMK (part of Metalloinvest), has begun developing new steel grades. The laboratory is conducting experimental smelting in a new vacuum induction melting furnace with a maximum capacity of 60 kg. The laboratory enables its operators to efficiently conduct experimental smelting in small volumes, which is impossible in ...


Russia: CMK produces 2 million tons of rails and beams
Wed, 29 Aug 2018 09:47:41 GMT
Chelyabinsk Iron and Steel Works has produced 2 million tons of rolled metal since commissioning of its rail and beam mill. 1.5 million tons were produced in early January. The company has the first manufacture of high quality rails and beams with the length of 100 meters in Russia. The first beam was produced on…


Company statement
Wed, 29 Aug 2018 00:00:00 GMT
It is with the deepest regret that NLMK Group reports the tragic death of Dr. Bruno de Cooman, NLMK Group Vice President for Research and Development, on 29 August 2018 in Moscow.


President of Ukraine emphasises the importance of Avdiivka Coke ...
Tue, 28 Aug 2018 06:40:19 GMT
President of Ukraine Pyotr Poroshenko visited the frontline town of Avdiivka and emphasised the great contribution of Avdiivka Coke Plant (AKKhZ) to the development and sustainment of the town. The Ocheretino-Avdiika gas pipeline began its operation in August; its construction was funded by Avdiivka Coke in cooperation with the municipal authorities.


Severstal will cut emissions with its reconstruction of coke ...
Tue, 28 Aug 2018 00:00:00 GMT
PJSC Severstal, one of the world's leading vertically integrated steel and mining companies, will reduce its emissions to the atmosphere by almost 700 tons per year during the reconstruction of coke oven battery No. 4 (KB-4) at the Cherepovets Metallurgical Plant (CherMK). The project, with a total cost of approximately 6 billion rubles, will significantly reduce the coke oven batterys environmental load. While increasing annual coke production from battery No. 4 from 420 to 460 thousand ton...


Russia: Obukhovskoye Mine Group explodes
Fri, 17 Aug 2018 09:56:52 GMT
Obukhovskoye Mine Group, Rostov region, a part of Ukrainian DTEK, has suspended coalmining following an explosion. According to preliminary information, during the preparation for the explosion works at the long face No. 501, blast-hole charges detonated. There is no information on the collapse of the mine, but 5 miners were injured and one perished as…


China's Spiral Steel Pipe Industry Faces Five Major Challenges
Tue, 14 Aug 2018 01:50:00 GMT
In addition to Europe and the United States, Russia, India, Brazil, Mexico, Canada, Argentina and other countries have also imposed sanctions on Chinese steel pipe export enterprises, or imposed high ...


Ukraine: people die at occupied Donbass mines
Mon, 13 Aug 2018 09:59:08 GMT
Last week as the result of the flooding at the mine one person perished in the pro-Russia militants-controlled town of Snezhnoye in Donetsk region. The accident happened on August 11. 2 miners were at the accident site. The body of one of them was recovered on August 12. The search for the second miner is…


Russia: Severstal sales to builders up in H1 2018
Mon, 13 Aug 2018 09:56:35 GMT
In January-June Severstal supplied Russian construction companies with 2.717 million tons of metal products, up by 7% YoY. Severstal metal is used in construction of the largest infrastructure projects. In particular the group has delivered some 40 thousand tons of rolled metal for the construction of all 12 stadiums hosting the World Cup. In spring…


The Global Vanadium Market Was Valued At $2.7 Billion In 2017 ...
Sun, 12 Aug 2018 22:20:00 GMT
The top five competitors in the market are Atlantic Ltd, Vanadium Corp, EVRAZ, Panzhihua Iron and Steel Group, and Bushveld Minerals. Atlantic Ltd was the largest player in the market. It is the owner ...


The Emerging Market Currency Rout Deepens. What Happens to the ...
Sun, 12 Aug 2018 20:55:00 GMT
Now, Indias also a net exporter of steel, though after Russia and Brazil. Will the next series of steel price cuts start soon Will this mean that if Indias currency remains where it is, we cant do ...


Steel Imports Drop For First Time In Year Under Weight Of Tariffs
Tue, 07 Aug 2018 01:53:00 GMT
The first category would include sheets of steel, for example, while the second would include ... For Russia, that was its highest percentage since July 2017. Imports from Brazil and Turkey each fell ...


Metalloinvest expands steel heat treatment capacity as part of ...
Mon, 06 Aug 2018 00:00:00 GMT
Metalloinvest announces that it will build a heat treatment facility for hot-rolled steel at OEMK. The heat treatment facility will have an annual capacity of 70,000 tonnes of high-quality (Special Bar Quality, SBQ) bars, and will be established within the enterprise's finishing plant. The facility will add to the existing heat treatment capacities at OEMKs rolling plant #2. Metalloinvest has agreed an equipment supply contract for the facility with Danieli Centro Combustion, part of Danieli...


Russia: Karelsky Okatysh buys new locomotive
Fri, 03 Aug 2018 09:19:16 GMT
Karelsky Okatysh Mining and Processing Works has purchased a new locomotive. The machine, manufactured by Bryansk Machine-Building Works, will be able to save fuel expenses by 10% due to a special diesel engine. The investment program of the company presupposes further purchases of such locomotives to replace old ones. (Ukrainian metal)


Stainless Steel Sink Market by 2025: Top Players Like Franke ...
Fri, 27 Jul 2018 03:28:00 GMT
Stainless Steel Sink Market Size By Product, By End-Use, Industry And Regional Analysis (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, Netherlands, Poland, China, India, Japan, Australia, I...


Steel Abrasives Market - Vendors Focusing on Enhancing the Distribution ...
Thu, 26 Jul 2018 11:29:00 GMT
Some of the major economies with high growth potential for the market include India, China, Russia, Brazil, and South America. The steel abrasives market has been segmented based on shape, application ...


EVRAZ Q2 2018 TRADING UPDATE
Thu, 26 Jul 2018 00:00:00 GMT
Board of EVRAZ PLC as an independent non-executive Director, with effect from 8 August 2018. She has also been appointed as a member of the Audit Committee in place of Mr Karl Gruber, who steps down from the Audit Committee with immediate effect.


Number of news reports: 20