Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of the current year. Accordingly, in the second quarter Severstal registered a net loss of $661 million, compared to a net loss of ...
Tags: Russian steelmaker Severstal, announce, financial results
Russian state gas monopoly Gazprom has announced the results of a tender for pipe supplies with a total value of RUB 34.629 billion (approx. $1 billion). Pipe Innovation Technologies, which specializes in the packaged supply of tubular ...
Tags: Pipe, steel pipe
Russian steelmaker Severstal has announced its operational results for the second quarter of the current year. Accordingly, Severstal's crude steel output increased by five percent quarter on quarter to 4.148 million mt in the second ...
Tags: crude steel, Increase, Metallurgy, Mineral
Russian steelmaker Severstal announced that it will supply about 64,000 mt of pipes, made by Izhora pipe plant, part of Severstal Russian Steel, for the Southern Corridor project. The supply will include pipes with diameter of 1,420 mm, ...
Russian steelmaker Severstal has announced that a class "A" mining license for iron ore mining in the Putu Mountain Range has been granted to Putu Iron Ore Mining Company Incorporated (PIOM), a Severstal subsidiary, by the government of ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Russian steelmaker Severstal has announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia. Severstal has also signed a further contract to supply rolled steel to the ...
Tags: Nissan, steelmaker
Russian steelmaker Severstal has announced the launch of an 18 MW capacity gas-reciprocating power plant running on methane ( a coal by-product) at an industrial site of the Severnaya mine located in Vorkuta, a structural unit of ...
Tags: steelmaker, Severstal
In the first quarter of the current year, direct supplies of steel scrap by rail to Russian metallurgical companies and pipe plants totaled 2.14 million mt, down 2.8 percent year on year and constituting the lowest first quarter volume the ...
Tags: Steelmakers, steel scrap
Russian steelmaker Severstal has announced that Severstal-Gonvarri-Kaluga, a joint venture between Severstal and Gonvarri , has begun producing blanks for interior and exterior parts of the Volkswagen Jetta. This is the second Volkswagen ...
Tags: steelmaker, Severstal, Volkswagen Jetta
Russian steelmaker Severstal has announced that its Balakovo Long Product Mill has initiated hot commissioning at its arc-furnace shop,producing its first steel billets. A number of specialists were involved in the hot commissioning at ...
Tags: Severstal, steelmaker, Metallurgy
Russian steelmaker Severstal has announced that it increased its supplies to building contractors in Russia to 3.362 million mt in 2013. This constitutes a 14 percent increase compared to 2012. In the whole of 2013, Severstal Invest's ...
Tags: Metallurgy, Mineral, Energy, steel, steel products, Construction Industry
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
Russian steelmaker Severstal has announced its financial results for the fourth quarter and the full year of 2013. Accordingly, in the fourth quarter Severstal registered a net loss of $74 million compared to a net profit of $157 million in ...
Tags: steelmaker, Severstal, Mineral
Russian steelmaker Severstal has announced that it delivered 1,800,000 mt of rolled steel to Russia-based pipe manufacturers in 2013, registering a 10 percent increase compared to 2012. Severstal stated that the growth was primarily ...
Tags: Pipe Producers, Steel
Russian steelmaker Severstal has stated that its subsidiary Karelsky Okatysh, a major iron ore production and processing plant in Russia, has launched production of new iron ore pellets with a higher iron ore content. Cherepovets Steel ...
Tags: Iron Ore, Steel, Metallurgy