at the very Core of it all … is Content!
Kolkata December 30th , 2016: A sharp upturn in Chinese demand and price for ferrochrome is having a salutary impact on Indian ferro-chrome producers with latter increasing exports shipments, Rohit Ferro-Tech Limited, Managing Director, Ankit Patni said on Thursday. “Improved Chinese demand and hardening of prices has led to Indian producers shifting focus from meeting domestic demand to …
Developments in the second quarter 2013 In line with guidance, the second quarter 2013 showed flat underlying EBIT losses versus the first quarter 2013 in a challenging environment with a continuously falling nickel price leading to lower deliveries and lower margins. During the second quarter of 2013, global demand was up by 3.8%, but the …
At Outokumpu Experience, the company’s global event in London, UK for customers, partners and analysts, Outokumpu launched its latest addition to the duplex product family, the FDX platform, introduced a new pricing model and commented on its strategy progress and the Terni divestment process. New vision and mission Addressing an audience of over 500 customers, …
Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972 …
Moscow, Russia — May 6, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that successful hot testing was held at the complex of Chelyabinsk Metallurgical Plant’s universal rolling mill. During hot testing, the mill produced its first batch of structural shapes – 25SH1-type bar. This is the …
Highlights of the first quarter 2013 The first quarter 2013 closed with lower underlying EBIT losses versus the fourth quarter 2012 despite the challenging environment and weaker than anticipated seasonality support. During the first quarter of 2013, global stainless steel demand declined by 1.2% compared to Q1 2012. European stainless steel base prices increased by …
Moscow, Russia — April 22, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the resolutions of Mechel OAO’s Board of Directors. The Board of Directors of Mechel OAO (the Company) held a meeting on April 19, 2013. The following resolutions were adopted at the meeting: 1. To …
Production marks a key milestone for this complex $5 billion greenfield project in New Caledonia, which has been under construction for the past six years and has been a flagship component of Xstrata’s organic growth programme. At the height of its construction more than 6,000 people were employed in building the project and its associated …
Moscow, Russia — April 11, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the launch of constant operation at the Uvatsk quartzite deposit and delivery of the first batch of raw materials from the deposit to Bratsk Ferroalloy Plant OOO. Approximately 680 tonnes of quartzite mined at …
Moscow, Russia – April 4, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching an agreement with an international syndicate of lender banks on getting approval for waivers and amendments to certain major credit facilities. Mechel’s talks with over 25 leading international and Russian banks regarding some …