Russian steelmaker MMK's Turkey-based subsidiary MMK Metalurji has announced that its offer of a 10 percent increase in wages notified to Turkish labor union Çelik-İş has expired as of August 2. After the labor union ...
Tags: steelmaker, MMK
Russian steelmaker NLMK has announced that it has held a ceremony on July 23 to mark the opening of NLMK Kaluga, its next-generation EAF mill located in the Kaluga region near Moscow. The launch of NLMK Kaluga will help tackle the ...
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 4.031 million mt in the second ...
Tags: Crude Steel Output, Mineral
It’s reported that Russian steelmaker Novolipetsk Steel (NLMK) announced that its sales volumes of steel products totaled 3.771 million tons in the second quarter of this year, up slightly by 0.2% from a quarter ago. Among them, ...
Tags: Steel Products, Mineral
The Russian steelmaker Severstal is going to cut its July's hot roll coil offer by US$40/MT and cold roll coil offer by US$55/MT than its offer prices in May to its Turkey buyers. In fact, Severstal has already cut its HRC and CRC prices by ...
Tags: Metallurgy, Mineral, Energy, Cabon Flat
According to report, Russian steelmaker MMK group may see its profit up by 35% to 19 million in January- March quarter in 2013 after a loss in the previous quarter. The result for profit including the selling the rail freight carrier MMK ...
Tags: Construction, steel
It is reported that NLMK, the Russian steelmaker announced that starting 30th May, it is idling its blast furnace No. 3. The furnace which is situated at a site in Lipetsk has an annual capacity of 1.3 million tons of production. The blast ...
Tags: NLMK, Blast Furnace
NLMK Kaluga in their hot testing of its electric arc furnace and rolling shops has cast their first metric ton of steel. NLMK Kaluga which is a subsidiary of Russian steelmaker NLMK Group will start production of rebar and sections on an ...
Tags: NLMK Kaluga, Test Production
Russian steelmaker Novolipetsk Steel (NLMK) has stated that in May this year it plans to ship around 465,000 mt of flat steel products, up five percent compared to April, including 210,000 mt of hot rolled flat steel. In the January-April ...
Tags: NLMK, Steel Product Output, Metallurgy
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
Russian steelmaker Novolipetsk Steel (NLMK) said that its long steel division shipped around 446,100 tons of rebar in the first four months of this year, remaining flat in comparison of those in the same period of a year ago. Among ...
Tags: NLMK, Steel, Construction
According to a company statement, in the January-April period of this year the long steel division of Russian steelmaker Novolipetsk Steel (NLMK) shipped around 446,100 mt of rebar, almost unchanged compared to the same period last year, ...
Tags: NLMK, Long Steel
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for the first quarter of 2013, Russian steelmaker NLMK Group's net profit decreased by 78 percent compared to the first quarter of the previous year to ...
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 steelmaker Evraz has announced that it plans to resume work at the main mine of its coking coal producer Raspadskaya by June 15. As of Tuesday, May 14, Raspadskaya had suspended work at the mine due to high gas levels. Evraz ...
Tags: Metallurgy, Mineral&Energy, Coal Mine, Raspadskaya Coal Mine