Final metal products manufacture

PAO Severstal (‘Severstal’, the ‘Company’), one of the world's leading vertically integrated steel and steel-related mining companies, today announces the appointment of Alexander Shevelev as CEO of Severstal, effective from 12th December 2016.

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.

HMS Group (LSE: HMSG) announces today that it has signed a number of credit agreements with Raiffeisenbank totalling 2.9 billion rubles.

Yesterday ChelPipe Group and Gazprom have signed an updated R&D cooperation program effective until the end of 2020 at the Sixth St. Petersburg International Gas Forum. 

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.

Three staff members of Metinvest Group’s Legal Directorate have become winners of the independent research ”50 Leading Legal Departments in Ukraine”.

The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, as a member of the association’s 2016/2017 executive committee at Worldsteel’s 50th Annual Conference in Dubai, UAE.