On January 16, Russia-based steelmaking and mining giant Evraz announced that it has completed the acquisition of a 50 percent stake in Corber Enterprises, which holds an 82 percent interest in Raspadskaya Coal Company (Raspadskaya), one of ...
Tags: teelmaking, mining, Evraz, Raspadskaya
Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in December last year its iron ore concentrate production increased by 1.9 percent year ...
Tags: Evraz UGOK, Russia, December, iron ore
Further to its announcement on 4 October 2012, EVRAZ plc announced that it has received pre-transfer merger clearance from the Russian Federal Antimonopoly Service (‘FAS’) in connection with the acquisition of an indirect ...
Tags: EVRAZ plc, merger clearance, Russian Federal Antimonopoly Service
Further to its announcement on October 4,2012,Russia-based steelmaking and mining giant Evraz has announced that it has received pre-transfer merger clearance from the Russian Federal Antimonopoly Service(FAS)in connection with the ...
Tags: steelmaking, mining, acquisition, coal
The term for re start of the temporarily closed steel plant of Evraz Vitkovice Steel has been set for January 3, 2013, provided that particular circumstances such as adverse weather conditions do not prevent it. The reason for the re ...
Tags: Steel, steel plant, pig iron, Evraz Vitkovice Steel
BD Live reported that aveng subsidiary Trident Steel’s ZAR 8.6 million fine set by the Competition Commission was confirmed by the Competition Tribunal on Wednesday. The settlement followed a commission investigation which found ...
Tags: fine set, Competition Tribunal, Trident Steel, Macsteel Service Centres
Mechel has announced the appointment of a new Managing Director of Izhstal OAO(Izhstal),part of Mechel Group. Mr Anatoly Shchetinin,55,who was appointed the new Managing Director of Izhstal OAO,replaces Mr Konstantin Kretov,who headed the ...
Tags: Mechel, Shchetinin, Managing Director, Izhstal OAO
EvrazPlc announced organizational changes to the Company's management structure. In order to separate functions and intensify the management of key product groups, the Company will divide the Mining Division into two Divisions: the Iron Ore ...
Tags: EVRAZ, Iron Ore, Coal Division, Iron Ore Division and the Coal Division
Northwest Pipe Company announced that Mr Scott Montross will become President and Chief Executive Officer on January 1st 2013 as part of a planned transition. Current President and Chief Executive Officer, Richard Roman, will assume the ...
Evraz UGOK, a subsidiary of Russian mining and steel producing company Evraz Group, announced that in November 2012 its iron ore concentrate production decreased by 0.4% YoY to 839,000 million tonne. Its output of agglomerate in the given ...
Bloomberg reported that South Africa’s Cabinet endorsed measures that seek to cut local steel prices including the possibility of new export taxes on steel and iron ore. A group set up by the Department of Trade and Industry in 2010 ...
Tags: South Africa, steel price, steel, iron
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
EVRAZ Plc welcomes the decision by Fitch Ratings to assign EVRAZ plc a long term foreign currency Issuer Default Rating of BB outlook Stable; and a Short term foreign currency IDR of B. The rating is the same as the current rating for ...
Tags: foreign currency, credit metrics, steel consuming industries
Oleg Deripaska who controls a quarter of OAO GMK Norilsk Nickel, is urging fellow billionaire Roman Abramovich to buy a stake in the Russian mining company as shareholders feud over management Three people with the knowledge said that ...
Tags: OAO GMK Norilsk Nickel, Oleg Deripaska, aluminum, Roman Abramovich
An increasing amount of Russian stainless steel pipe organizations are in all likelihood to construct new crops at home, in the strategic shift apart from international acquisitions, as they consider benefit of large earnings margins at ...
Tags: stainless steel pipe