Metallurgy

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2016 and nine months ending September 30, 2016.

VSMPO-Avisma Corporation participated in the International Airshow China-2016 that took place in Zhuhai in November, 1-6.

St. Petersburg, October 26, 2016 - Severstal and Power Machines are the title partners of the XIV North-West Mass Media Forum held on October 25 to 26 in St. Petersburg.

PJSC "MMC "NORILSK NICKEL" reports that its Board of Directors calls an Extraordinary General Meeting of shareholders (EGM) on December 16, 2016.

RUSAL achieved Adjusted Net Profit of USD181 million for the third quarter of 2016 as compared to USD40 million for the second quarter of the year.

NORILSK NICKEL has signed the contract on sulfur dioxide capture project for Nadezhda Metallurgical Plant located at the Company's Polar Division (hereinafter NMP Sulphur Project) with SNC-Lavalin, Canada.

OJSC Magnitogorsk Iron and Steel Works ("MMK") today announces that it has signed a contract with Metalloinvest regarding supplies of hot-briquetted iron (HBI) to MMK.

MMK Group financial statements

OJSC Magnitogorsk Iron and Steel Works ("MMK") announces that it has started construction of a new sinter plant as part of its long-term development strategy announced in November 2015 to increase efficiency and reduce costs.

Aluminium production in 3Q16 totaled 920 thousand tonnes (flat Q-Q), with Siberian smelters representing 94% of total aluminium output. Smelters utilization remained on average at a high of 94%.

3Q16 consolidated nickel production amounted to 56 kt decreasing 4% quarter-on-quarter (q-oq).