It’s reported that the Russian steelmaker Severstal released the financial results for the first quarter of this year. In the first quarter of this year, Severstal posted a net profit of US$44 million, slumping by 90% year on ...
Tags: Construction, Severstal, Steel division
Izhora Pipe Mill, a subsidiary of Russian steel producer Severstal, which specializes in large diameter pipe production using strip produced by CherMK (Severstal Russian Steel), has announced that it has shipped pipes for the construction ...
Tags: Izhora Pipe Mill, Gas Pipeline
Russian steelmaker Severstal has announced its financial results for the first quarter of 2013. Accordingly, in the first quarter Severstal registered a net profit of $44 million, down almost 90 percent compared to the corresponding quarter ...
Tags: Severstal, Net Profit, Q1
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji reported no crude steel output in the first quarter of this year, due to smelting capacities being idled in November ...
Tags: Crude Steel Output, Mineral
It is reported that Russia's Dansteel, owned by Russian steel group NLMK, planned to extend its plate annual production capacity to 400,000 tons this year. However, the company will try to reach the plate annual production capacity of 80% ...
Tags: Metallurgy, Mineral, Energy
Russian steelmaker Severstal has announced its operational results for the first quarter of 2013. Accordingly, Severstal's crude steel output increased by seven percent quarter on quarter to 3.835 million mt in the first quarter, while its ...
Tags: Crude Steel, Metallurgy, Mineral, Energy
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2012 according to International Financial Reporting Standards (IFRS). In 2012, MMK reported a net loss of $94 million compared to a net ...
Izhora Pipe Plant (IPP), a producer of large diameter pipes using strips supplied by the Cherepovets Steel Mill, both business units within the Russian Steel Division of Severstal, one of the world's leading steel and steel-related mining ...
Tags: Metallurgy, Mineral, Energy, steel
Russian steelmaker Severstal has announced that the Cherepovets Steel Mill, part of its Russian Steel division, has commissioned its new coke oven battery No. 7 following a reconstruction project which has received investment of about RUB ...
Tags: Severstal, Steel Mill, Metallurgy
Russia-based Severstal, one of the world’s leading steel and steel-related mining companies, has stated that it has secured a contract to supply automotive sheets to Renault-Nissan Alliance projects in Russia. The contract runs ...
Tags: Automotive Sheets, Renault-Nissan, Mineral
MMK-Metiz, the hardware producing subsidiary of the Russian steel producer Magnitogorsk Iron and Steel Works (MMK), has announced that it has started to produce galvanized fasteners in larger diameters. Expanding its product mix to meet ...
Tags: Metallurgy, Mineral, Energy, Steel, galvanized fasteners
Russian steelmaker Severstal's mining subsidiary Vorkutaugol has announced that it is considering developing a new coal mine at its Usinsk deposit in Russia's northern Komi region. The new mine is expected to have an annual production ...
Tags: steelmaker, steel, coal mine
Russian steel pipe and railway wheel producer Vyksa Steel Works, a part of Russia-based OMK Group, has announced its production results for February and the first two months of the current year. Accordingly, in the January-February period ...
Tags: Vyksa Steel, steel pipe, steel
Metalloinvest, Russia-based leading global iron ore and HBI (hot briquetted iron) producer, and Russian steelmaker Severstal have announced the signing of a three-year contract for the supply of iron ore. The contract stipulates a total ...
Tags: iron ore, dry iron ore, iron, ore
Russian steelmaker Severstal has announced that Cherepovets Steel Mill, a part of its Russian steel division, will invest up to RUB 2.5 billion ($81 million) in its environmental improvement program in 2013. According to Severstal, this ...
Tags: steelmaker, Steel Mill, Steel