Final metal products manufacture

Mechel PAO reports that the Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk Metallurgical Plant to implement a project for production of rails, beams and other structural rolls meant for export.

Kobe Steel, Ltd.’s Machinery Business has opened a 40 MW test facility for large-capacity nonstandard compressors at its Takasago Works in western Japan. Construction of the 8-billion-yen facility began in February 2015

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, shipped the first batch of casing pipe with TMK UP MAGNA premium threaded connections and GreenWell lubricant-free coating to LUKOIL.

All TMK’s key divisions and facilities in Russia, the US, Europe and the Middle East were involved in the event. 

ChelPipe Group announces financial results as of year-end 2016 in accordance with IFRS

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has shipped the first batch of drill pipe with TMK UP EXD second-gen double-shoulder premium tool joint connections. The pipe batch was shipped to Samotlorneftepromkhim.

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 audited consolidated IFRS financial results for the year ended December 31, 2016.

SCHMOLZ + BICKENBACH announces large investment at Swiss Steel

ABB has successfully completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables, creating a leading power cable company. The transaction was completed on March 1, 2017.

Igor Bardintsev has been appointed as Severstal’s Chief digital officer (CDO).

ChelPipe successfully completes second bond issue within framework of exchange-traded bond program

Metinvest Group’s iron and steel works launched production of 49 new products last year.

OJSC Magnitogorsk Iron and Steel Works (MMK) and Eurasian Resources Group (ERG), a leading diversified natural resources producer, have signed a strategic agreement for the supply of iron ore.

November 7-11, 2016 managers of VSMPO-AVISMA Corporation exhibited export products at the XXII Annual exhibition Metal Expo’2016 in Moscow and conducted over 50 business meetings with partners.

Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totalling $410 million (£330 million).