CORPORATE PRESENTATION

Size: px
Start display at page:

Download "CORPORATE PRESENTATION"

Transcription

1 CORPORATE PRESENTATION 1

2 COMPANY PRILE OMK is a high technology integrated manufacturer of steel, rolled products, pipes, pipeline valves and fittings, railway wheels and automotive springs. 30 COUNTRIES WORLDWIDE We make products that allow our customers to transport energy, cargo and people safely and efficiently. OMK s strategic partners are the leading Russian and international oil and gas, transportation and engineering companies. OMK s products are shipped to 30 countries worldwide. Russia is our key market. 2

3 OMK IS A LEADING PRODUCER STEEL AND OMK S SHARE THE RUSSIAN MARKET IN 1ST PLACE 2 LARGE DIAMETER ND PLACE IN GENERAL SIGNIFICANT MARKET SHARE PIPELINE VALVES OMK CONTRIBUTES TO THE DEVELOPMENT THE RUSSIAN ECONOMY We are the largest supplier of pipes for the major gas pipelines and we produce more than half of the railway wheels and almost two-thirds of the automotive springs on the Russian market. We are ranked first in Europe by volume in large diameter pipes, railway wheels and automotive springs produced. 32% 17% 12% RAILWAY WHEELS CASING OIL AND GAS AND SPECIAL CLIENTS 54% 23% 15% AUTOMOTIVE SPRINGS PIPELINE FITTINGS 68% 20% 3

4 OMK GEOGRAPHY OUR PLANTS ARE EXAMPLES DYNAMIC DEVELOPMENT VYKSA STEEL WORKS (Nizhny Novgorod Region, an OMK company since 1999) CASTING AND ROLLING COMPLEX (Nizhny Novgorod Region, built by OMK in 2008) BLAGOVESHCHENSK VALVES PLANT (Republic of Bashkortostan, an OMK company since ) TRUBODETAL PLANT (Chelyabinsk, an OMK company since 2005) RUSSIA Moscow Vyksa Vyksa Steel Works Casting and Rolling Complex Almetyevsk Almetyevsk Pipe Plant Chusovoy Chusovoy Steel Plant Blagoveshchensk Blagoveshchensk Valves Plant Chelyabinsk Trubodetal ALMETYEVSK PIPE PLANT (Republic of Tatarstan, an OMK company since 2002) CHUSOVOY STEEL PLANT (Permsky Kray, an OMK company since 2003) OMK TUBE (Houston, USA, built by OMK in ) NUMBER OUR EMPLOYEES > USA Houston OMK Tube 4

5 TRUSTED SUPPLIER FOR PIPELINE PROJECTS OMK ARE USED IN ALL MAJOR PIPELINES Nord Stream TONS Vyborg Greifswald Central Asia China TONS Gedaim Horgos Sakhalin Khabarovsk Vladivostok TONS Sakhalin Khabarovsk Vladivostok OUR PRODUCT SHARE IN MANY PROJECTS EXCEEDS A THIRD THE OVERALL VOLUME Bovanenkovo Ukhta TONS Bovanenkovo Ukhta Dzhubga Lazarevskoye Sochi TONS Eastern Siberia Pacific Ocean TONS Tayshet Kozmino Power of Siberia * TONS Baltic Pipeline System TONS Turkish stream ** Kirishi Primorsk 600KMS Dzhubga-1 AGDS Adler AGDS Kovykta and Chayanda fields Khabarovsk Anapa Turkey * Production and supplies still underway. ** Under development 5

6 OPERATIONAL RESULTS LARGE DIAMETER (THOUSAND TONS) RAILWAY WHEELS (THOUSAND PIECES) OIL AND GAS AND TUBES * (THOUSAND TONS) CRC PRODUCTS (COILS AND SHEETS) (THOUSAND TONS) * Production facilities of the OGP Division, including D508 mm and 530 mm pipes, VSW Pipe Shop 3. 6

7 OPERATIONAL RESULTS PIPELINE FITTINGS (THOUSAND TONS) PIPELINE VALVES (THOUSAND TONS) AUTOMOTIVE SPRINGS (THOUSAND TONS) ,

8 FINANCIAL RESULTS TOTAL REVENUE REVENUE EBITDA NET PRIT/LOSS PERCENTAGE SHARE BILLION RUBLES BILLION RUBLES BILLION RUBLES , LARGE DIAMETER DIVISION OIL AND GAS DIVISION APP DIVISION CHUSOVOY DIVISION 28 PIPELINE FITTINGS AND VALVES DIVISION RAILWAY WHEELS DIVISION NORTH AMERICA DIVISION OTHER 8

9 OMK DIVISIONAL STRUCTURE WE SEEK TO BECOME THE MOST EFFICIENT COMPANY IN THE RUSSIAN STEEL INDUSTRY DIVISIONS PLANTS PRODUCTION LARGE DIAMETER DIVISION OIL AND GAS DIVISION VYKSA STEEL WORKS VYKSA STEEL WORKS, CASTING AND ROLLING COMPLEX Large diameter pipes Hot rolled wide sheets Oil and gas pipes Water supply pipes. Casing pipes Shaped pipes Hot rolled sheets APP DIVISION ALMETYEVSK PIPE PLANT Oil and gas pipes Water supply pipes Shaped pipes TRUBODETAL, BLAGOVESHCHENSK VALVES PLANT * Pipeline fittings Pipeline valves RAILWAY WHEELS DIVISION VYKSA STEEL WORKS Railway wheels CHUSOVOY DIVISION CHUSOVOY STEEL PLANT Springs Iron sections OMK s current production structure NORTH AMERICA DIVISION OMK TUBE OCTG Plain end pipes * Directors of Trubodetal and Blagoveshchensk Valves Plant report directly to the OMK President. 9

10 STRATEGY OMK S GOAL IS TO BECOME A SUPPLIER INTEGRATED SOLUTIONS FOR THE OIL AND GAS INDUSTRY EFFICIENT IN-HOUSE PRODUCTION + PACKAGED PROPOSAL = EFFICIENT BUSINESS MODEL STRATEGIC AREAS INCREASING OPERATING EFFICIENCY RETAINING POSITION AND INCOME IN TRADITIONAL MARKET SECTORS EXPANDING PRODUCT RANGE TO NEW PRODUCT SECTORS 10

11 INVESTMENTS TOTAL INVESTMENTS IN BILLION RUBLES MAJOR INVESTMENT PROJECTS ULTRAMODERN LDP FABRICATION LINES (2005) INTEGRATED CASTING AND ROLLING COMPLEX ( ) THICK PLATE MILL-5000 ( ) MODERNISATION THE MDP PRODUCTION FACILITIES RECONSTRUCTION THE VSW RAILWAY WHEEL FACILITY MODERNISATION THE FITTINGS PRODUCTION FACILITIES DEVELOPMENT THE PIPELINE VALVES PRODUCTION FACILITIES CONSTRUCTION RUSSIA S FIRST HIGH-SPEED RAILWAY WHEEL FABRICATION LINE INVESTMENTS BILLION RUBLES R&D COSTS MILLION RUBLES 119* 128,8 11,5 16,1 * In, R&D costs declined due to the scheduled increase in the share of research and development carried out by OMK s in-house engineering and technical centres. This was facilitated by the creation of the Centre of Research Laboratories at the Vyksa production site, which has the most advanced equipment. 11

12 PROCUREMENT Operational procurement of goods, work and services are the responsibility of our plants procurement departments. OMK s procurement department performs methodology functions, control and development. OUR PROCUREMENT PRINCIPLES ARE AS FOLLOW: WE FER OUR SUPPLIERS THE FOLLOWING MODERN PROCUREMENT TOOLS Supplier s self sign-up in the corporate SRM system: anyone can become our supplier! E-procurements in the SRM system. Every supplier who signs up (and is approved) is automatically invited to take part in procurement procedures. We make the most expensive procurements via tender. TRANSPARENCY COOPERATION COMPETENCE COMPETITIVENESS RESPONSIBILITY IN PARTNERSHIP WITH OUR SUPPLIERS, WE ADHERE TO THE FOLLOWING PRINCIPLES: OPENNESS FAIRNESS DEVELOPMENT KEY NUMBERS >90 >6000 > SUPPLIERS OVERALL PROCUREMENT COST BILLION RUBLES PER YEAR ITEMS PROCURED 12

13 FULL IMPORT SUBSTITUTION LARGE DIAMETER OMK contributed significantly to the substitution of imports of large diameter pipes. In 2005, the company built the country s first Russian Size LDP facility. SYSTEMATIC IMPLEMENTATION LDP IMPORT SUBSTITUTION IN RUSSIA OMK has built the country s first Russian size LDP production line. Production of straight line seam welded pipes with diameters up to 1420 mm has begun in Russia. WE CREATED THE WORLD S FINEST INTEGRATED LARGE DIAMETER PIPE PRODUCTION We created our own production of pipe sheets. Launch of the Heavy Plate Mill-5000 at VSW to provide LDP lines with raw materials. Long-term contract for the supply of Russianmade slabs was signed in order to provide stable quality and production supply. We began to apply our own, in-house developed corrosion-resistant coatings to pipes. FROM ORE INTO PIPE DOMESTIC PRODUCTION ALL RUSSIAN LARGE DIAMETER, PARTICULARLY FOR THE POWER SIBERIA PROJECT, ARE MADE TOTALLY FROM RUSSIAN MATERIALS Share of imported LDPs in Russian pipeline projects TODAY S RUSSIAN OIL AND GAS COMPANIES USE ALMOST NO IMPORTED LDP S 37% 31% 16% 14% 4% 4% 11% 15% 1% 2% 0% c 13

14 CORPORATE CITIZENSHIP AND CHARITY SOCIAL INVESTMENTS IN BILLION RUBLES OUR CHARITY DIRECTIONS: WE SUPPORT DISADVANTAGED GROUPS, CHILDREN IN DIFFICULT LIFE SITUATIONS, YOUTH AND THE ELDERLY IN THE REGIONS WHERE THE COMPANY MAINTAINS A PRESENCE IN, WE SPENT 1 MILLION RUBLES ON SOCIAL PROJECTS FOR EVERY 5 THOUSAND TONS OUR PRODUCTION WE SUPPORT EDUCATIONAL PROGRAMMES AND INSTITUTIONS WE SPONSOR BLOOD DONATION INITIATIVES WE SUPPORT PROJECTS INTENDED TO REVIVE CULTURAL HERITAGE SITES AND PROMOTE CURRENT TRENDS IN CONTEMPORARY CULTURE AND ART 14

15 CHARITY FUND THE OMK-UCHASTIE CHARITY FUND WAS LAUNCHED BY SHAREHOLDERS AND EMPLOYEES THE COMPANY AND IS FUNDED BY THEM AS WELL PROTECTING CHILDHOOD AND FAMILY DIRECTIONS: TARGETED AID TO SERIOUSLY AND TERMINALLY ILL CHILDREN In 2009-, our employees assisted over 1,000 needy families through an expenditure of 31 million rubles through the OMK-Uchastie charity fund >31 >1000 MILLION RUBLES FAMILIES DEVELOPMENT EDUCATION AND MEDICAL PRACTICES: Creation of a website on child oncology with educational modules for doctors and nurses Regular charity events at SRI of Child Oncology and Haematology (N.N. Blokhin ROSC). Annual congress of child oncologists, etc. COLLABORATION WITH INSTITUTIONS: CHILDREN FROM SOCIALLY DISADVANTAGED FAMILIES OR THOSE WHO ARE LEFT WITHOUT PARENTS CARE ARE EDUCATED OR CURED: Orphanages, correctional schools in regions where OMK operates ART OVRAG NEW URBAN CULTURE FESTIVAL IN VYKSA (NIZHNY NOVGOROD REGION) 15

16 ОМК 28/2, Ozerkovskaya embankment Moscow, Russia, (495) (495)

OMK commissions Russia s first mill to make main line pipe with diameters of up to 1,420 mm and gage of up to 48 mm

OMK commissions Russia s first mill to make main line pipe with diameters of up to 1,420 mm and gage of up to 48 mm 2018 1 OMK MILESTONES 1992 OMK Founded 1997 OMK acquires Chusovoy Metallurgical Works 1999 Vyksa Steel Works acquired by OMK 2002 OMK acquires Almetyevsk Pipe Mill 2005 OMK commissions Russia s first mill

More information

Bovanenkovo Ukhta Torzhok Gas Transmission System

Bovanenkovo Ukhta Torzhok Gas Transmission System Bovanenkovo Ukhta Torzhok Gas Transmission System The pipeline route length will exceed 2,400 kilometers including the new Bovanenkovo Ukhta gas transmission corridor (annual projected capacity 140 billion

More information

ABOUT THE REPORT G4-17

ABOUT THE REPORT G4-17 Annual Report 2015 ABOUT THE REPORT THE OMK ANNUAL REPORT FOR 2015 INCLUDES INFORMATION ABOUT OMK S PERFORMANCE. REPORTING PERIOD FROM 1 JANUARY 2015 TO 31 DECEMBER 2015. THE FINANCIAL INFORMATION IN THE

More information

Chelpipe Group May 2014

Chelpipe Group May 2014 Chelpipe Group May 2014 Chelpipe Group White metallurgy new standards of production, labour and ecological safety. Sales, annual $4 bln Investments in 2005-2013 Number of employees Production volume, annual

More information

Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development

Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development For Official Use For Official Use Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 29-May-2006 English text only DIRECTORATE FOR SCIENCE,

More information

Russian economy. Metallurgy. Current situation and prospects.

Russian economy. Metallurgy. Current situation and prospects. Russian economy. Metallurgy. Current situation and prospects. Decade results: Household incomes (real terms) Household incomes (dollar terms) GROWTH showing Increase of middle class proportion in Russia

More information

ММК Group 1 Trading Update for Q4 and FY 2014 ММК Group: Operational highlights

ММК Group 1 Trading Update for Q4 and FY 2014 ММК Group: Operational highlights 29 January 2015 ММК Group 1 Trading Update for Q4 and FY 2014 ММК Group: Operational highlights MMK Group crude steel 13,031 11,941 9.1 3,072 3,381-9.1 ММК crude steel 13,031 11,941 9.1 3,072 3,381-9.1

More information

EUROPEAN NATURAL GAS PIPELINE PROJECTS AS GUARANTEE OF ENERGY SECURITY

EUROPEAN NATURAL GAS PIPELINE PROJECTS AS GUARANTEE OF ENERGY SECURITY Economic Commission for Europe Committee on Sustainable Energy Energy Security and Gas Infrastructure EUROPEAN NATURAL GAS PIPELINE PROJECTS AS GUARANTEE OF ENERGY SECURITY DEPUTY HEAD OF STRATEGIC DEVELOPMENT

More information

Present and Future Cooperation in the Energy Field within Asia- Pacific Region

Present and Future Cooperation in the Energy Field within Asia- Pacific Region MINISTRY OF ENERGY OF THE RUSSIAN FEDERATION RUSSIAN ENERGY AGENCY Present and Future Cooperation in the Energy Field within Asia- Pacific Region RUSSIAN VISION 2014 Policy Dialogue on Energy for Sustainable

More information

The Geopolitics of Northeast Asia s Pipeline Development

The Geopolitics of Northeast Asia s Pipeline Development The Geopolitics of Northeast Asia s Pipeline Development Shoichi ITOH Non-resident Adjunct Fellow Center for Strategic and International Studies & Associate Senior Researcher Economic Research Institute

More information

JOINT IMPLEMENTATION PROJECT DESIGN DOCUMENT FORM Version 01 - in effect as of: 15 June 2006 CONTENTS

JOINT IMPLEMENTATION PROJECT DESIGN DOCUMENT FORM Version 01 - in effect as of: 15 June 2006 CONTENTS Joint Implementation Supervisory Committee page 1 JOINT IMPLEMENTATION PROJECT DESIGN DOCUMENT FORM Version 01 - in effect as of: 15 June 2006 CONTENTS A. General description of the project B. Baseline

More information

WELCOME TO GAZPROM EXPORT

WELCOME TO GAZPROM EXPORT WELCOME TO GAZPROM EXPORT A 100% SUBSIDIARY OF GAZPROM JSC Moscow March, 2015 MEET GAZPROM EXPORT MAIN DIRECTIONS OF NATURAL GAS SUPPLIES Europe Asia-Pacific 2 OUR NEW HEADQUARTERS AT OSTROVSKY SQUARE

More information

Debt policy and investor relations

Debt policy and investor relations High-speed passenger transportation High-speed passenger transportation is handled by the High-Speed Transportation Directorate (HSTD), a branch of Russian Railways, and Federal Passenger Company. Passenger

More information

USIMINAS Tokyo, 16 th and 17 th of July

USIMINAS Tokyo, 16 th and 17 th of July USIMINAS 2012 Tokyo, 16 th and 17 th of July - 2008 USIMINAS IN BRAZIL IN 2007, USIMINAS, THE MAJOR PLAYER OF THE BRAZILIAN FLAT STEEL, MARKET WAS RESPONSIBLE FOR 26% OF THE COUNTRY S CRUDE STEEL PRODUCTION

More information

Mastering the Challenges of the Nord Stream Project

Mastering the Challenges of the Nord Stream Project Mastering the Challenges of the Nord Stream Project Ruurd Hoekstra, Deputy Project Director Construction, Nord Stream AG Speech for the Scottish Oil Club Edinburgh, 11 th October 2012 Energy Infrastructure

More information

MMK Operational Trading Update for Q4 and 12 months 2010

MMK Operational Trading Update for Q4 and 12 months 2010 Magnitogorsk Iron and Steel Works January 27, 2011 ММК Group operational highlights MMK Operational Trading Update for Q4 and 12 months 2010 Crude steel 2,765 2,938-6% 11,419 9,618 19% MMK steel products

More information

MMK Group Trading Update for Q ММК Group: Consolidated results (thousand tonnes)

MMK Group Trading Update for Q ММК Group: Consolidated results (thousand tonnes) 16 October 2018 Magnitogorsk MMK Group Trading Update for Q3 2018 ММК Group: Consolidated results Finished products sales, of which: 3,052 2,848 7.2% 8,728 8,790-0.7% Long products 386 364 6.0% 1 034 1

More information

RUSSIA S ENERGY POLICY: FOCUSING ON NEW MARKETS

RUSSIA S ENERGY POLICY: FOCUSING ON NEW MARKETS Draft November 21, 2005 RUSSIA S ENERGY POLICY: FOCUSING ON NEW MARKETS Vladimir I. Ivanov ERINA In 2006, Russia will assume the rotating presidency of the G8. The G8 Agenda s focus will be on energy security

More information

17 July 2015 EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2015.

17 July 2015 EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2015. EVRAZ PRODUCTION REPORT 17 July EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of. vs OPERATIONAL HIGHLIGHTS: Consolidated crude steel output reached 3.4 million tonnes

More information

GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS

GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS GAZPROM IN EASTERN RUSSIA, ENTRY INTO ASIA-PACIFIC MARKETS Moscow, June 8, 2017 Gazprom s Resource Base in Eastern Siberia and Russian Far East (bln m3, as of January 1, 2017) Gas reserves in Gazprom Group

More information

2017 United States Steel Corporation. United States Steel Corporation

2017 United States Steel Corporation. United States Steel Corporation 2017 Matthew Nee General Manger, Logistics 16+ years with U. S. Steel 5+ years Logistics Services Experience in commercial organization as account manager in automotive Experience in processed products

More information

Steel and Raw Materials Data Price Feed

Steel and Raw Materials Data Price Feed Steel and Raw Materials Data Price Feed Latin America export billet $ per tonne fob main port Latin America export slab $ per tonne fob main port UK domestic stainless steel scrap 12-13% Cr Solids per

More information

Address by Anatoly Marinichev, Director General of Gazprom Mezhregiongaz

Address by Anatoly Marinichev, Director General of Gazprom Mezhregiongaz Moscow, December 12, 2011 Address by Anatoly Marinichev, Director General of Gazprom Mezhregiongaz at the meeting of Gazprom s top executives with chief editors of Russian regional mass media Gasification

More information

17 October 2017 EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its operational results for the third quarter of 2017.

17 October 2017 EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its operational results for the third quarter of 2017. EVRAZ PRODUCTION REPORT 17 October EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its operational results for the third quarter of. vs OPERATIONAL HIGHLIGHTS: Consolidated crude steel output

More information

STEEL PIPE SECTOR REPORT (2017) TURKISH STEEL PIPE MANUFACTURERS ASSOCIATION

STEEL PIPE SECTOR REPORT (2017) TURKISH STEEL PIPE MANUFACTURERS ASSOCIATION STEEL PIPE SECTOR REPORT (217) TURKISH STEEL PIPE MANUFACTURERS ASSOCIATION Steel Pipe Production in Tukey Turkey steel pipe production has gained significant momentum with investment in the sector in

More information

Complexes in Germany and Russia: Foreign Trade Aspect

Complexes in Germany and Russia: Foreign Trade Aspect Estimating Competitiveness of Industrial Complexes in Germany and Russia: Foreign Trade Aspect Vasily Ustinov, PhD, associate professor, State University of Management (Moscow, Russia) FAU BAYHOST, November

More information

Modelling the Russian gas sector through 2035

Modelling the Russian gas sector through 2035 Modelling the Russian gas sector through 2035 Alexander E. Tarasov, Senior scientist, PhD, Energy Research Institute of the Russian Academy Sciences (ERI RAS) 1 Natural gas markets in 2011 Source: BP 2

More information

10 years of innovation and technology: new capacities in flat production. Enrico Paladini, Marcegaglia coil division

10 years of innovation and technology: new capacities in flat production. Enrico Paladini, Marcegaglia coil division 10 years of innovation and technology: new capacities in flat production Enrico Paladini, Marcegaglia coil division Good afternoon. My name is Enrico Paladini, sales director of Marcegaglia coil division

More information

Available online at ScienceDirect. Procedia Economics and Finance 24 ( 2015 )

Available online at  ScienceDirect. Procedia Economics and Finance 24 ( 2015 ) Available online at www.sciencedirect.com ScienceDirect Procedia Economics and Finance 24 ( 2015 ) 246 250 International Conference on Applied Economics, ICOAE 2015, 2-4 July 2015, Kazan, Russia The place

More information

Russian Gas Industry today and tomorrow. O.Buchnev, T.Shtilkind, NIIgazekonomika Institute

Russian Gas Industry today and tomorrow. O.Buchnev, T.Shtilkind, NIIgazekonomika Institute Russian Gas Industry today and tomorrow O.Buchnev, T.Shtilkind, Content 1. Russian Gas Industry and JSC «Gazprom» 2. Gazprom perspectives: - new projects - ways and goals of reforms 3. Internal gas market

More information

TRANSPORT OF THE RUSSIAN FAR EAST AS A PART OF NEA REGIONAL TRANSPORTATION SYSTEM

TRANSPORT OF THE RUSSIAN FAR EAST AS A PART OF NEA REGIONAL TRANSPORTATION SYSTEM TRANSPORT OF THE RUSSIAN FAR EAST AS A PART OF NEA REGIONAL TRANSPORTATION SYSTEM Pavel MINAKIR COMMENTS Transportation system of the Russian Far East is a part of the entire Northeast Asian transportation

More information

ISSUES OF GAS SUPPLY SECURING

ISSUES OF GAS SUPPLY SECURING Economic Commission for Europe - Committee on Sustainable Energy - Securing Affordable and Sustainable Energy DEPUTY HEAD OF STRATEGIC DEVELOPMENT DEPARTMENT SERGEY PANKRATOV 17.11.2011 Gazprom remains

More information

Global market trends: OCTG and large diameter linepipe

Global market trends: OCTG and large diameter linepipe Global market trends: OCTG and large diameter linepipe Roman Filimonov Consultant, Metal Bulletin Research s Abu Dhabi, United Arab Emirates 8 September 2014 INTERNATIONAL STEEL TUBE & PIPE FORUM - SEPTEMBER

More information

MMK Group Trading Update for Q4 and FY 2018 ММК Group: Consolidated results (thousand tonnes)

MMK Group Trading Update for Q4 and FY 2018 ММК Group: Consolidated results (thousand tonnes) 25 January 2019 Magnitogorsk MMK Group Trading Update for Q4 and FY ММК Group: Consolidated results Q4 Q3 % FY Finished products sales, of which: 2,936 3,052-3.8% 11,664 11,617 0.4% Long products 356 386-7.6%

More information

kilograms, against 58.6 kilograms in India, as well as the Asian average of kilograms and the global average of kilograms (Table S1.1).

kilograms, against 58.6 kilograms in India, as well as the Asian average of kilograms and the global average of kilograms (Table S1.1). Topical Section: Steel Sector: The Need for a Long Term Strategy For overall economic development of a country, a developed steel industry is very crucial. In the early stages of economic development,

More information

At a glance Vallourec L énergie de tous les possibles

At a glance Vallourec L énergie de tous les possibles At a glance 2017 Vallourec L énergie de tous les possibles What is the relationship between oil and gas wells in extreme environments, latest generation power plants, bold architectural projects and high-performing

More information

STEEL SECTOR OVERVIEW

STEEL SECTOR OVERVIEW STEEL SECTOR OVERVIEW January 2018 STEEL SPECIFIC TERMS & PRODUCTS Crude Steel is steel in its first solid (or usable) form: ingots, semi-finished products billets, blooms, slabs. Production refers to

More information

Nord Stream: Secure gas supply for Europe. Meeting of the Energy Charter Trade and Transit Group Amsterdam, 14 May 2009

Nord Stream: Secure gas supply for Europe. Meeting of the Energy Charter Trade and Transit Group Amsterdam, 14 May 2009 Nord Stream: Secure gas supply for Europe Meeting of the Energy Charter Trade and Transit Group Amsterdam, 14 May 2009 Agenda 1 2 3 4 5 A pipeline in a competitive landscape Key facts and rationale of

More information

T H E I N D U S T R I A L R E V O L U T I O N

T H E I N D U S T R I A L R E V O L U T I O N 1 1 A N S W E R T H E Q U E S T I O N S I N Y O U R O W N W O R D S! When and where did the Industrial Revolution begin? Why did it begin in this country? How was work organized before the Industrial Revolution?

More information

MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook

MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook MB s 31st International Ferro-alloys Conference AMM Tube and Pipe Conference Prague - 9 November 20 Houston,

More information

The business of Mittal Steel South Africa

The business of Mittal Steel South Africa The business of Mittal Steel South Africa 06 OVERVIEW Mittal Steel South Africa Limited is the largest steel producer on the African continent, producing 7,1 million tonnes of liquid steel per annum and

More information

Approved by General Shareholders Meeting of open joint stock company MMK Minutes Dated May 2016

Approved by General Shareholders Meeting of open joint stock company MMK Minutes Dated May 2016 Approved by General Shareholders Meeting of open joint stock company MMK Minutes Dated May 2016 ANNUAL REPORT 2015 Contents MMK Highlights in 2015... 3 Letter from the Chairman of the Board of Directors...

More information

Contents. Significance Specifications Construction Stages Consumers Environmental Protection Gas Pipeline...

Contents. Significance Specifications Construction Stages Consumers Environmental Protection Gas Pipeline... Contents Significance... 2 Specifications... 4 Construction Stages... 5 Consumers... 6 Environmental Protection... 7 Gas Pipeline... 7 Adler CHPS... 8 Significance The Dzhubga Lazarevskoye Sochi gas pipeline

More information

The most modern large-diameter pipe mill in Russia

The most modern large-diameter pipe mill in Russia OAO TSCHELJABINSK (CHELPIPE) The most modern large-diameter pipe mill in Russia PLANT DATA Produced tubes Capacity Outstanding feature Diameters: 508 1,422 mm Wall thickness: up to 45 mm, length: up to

More information

Days of Nizhny Novgorod region in. Belgium and Luxembourg

Days of Nizhny Novgorod region in. Belgium and Luxembourg Days of Nizhny Novgorod region in Belgium and Luxembourg Participating companies of the Nizhny Novgorod region the Delegates of Business Mission to Belgium and Luxembourg (31 March 5 April, 2014) Center

More information

SOUTH CAUCASUS RAILWAY REPORT OF THE DIRECTOR GENERAL OF SOUTH CAUCASUS RAILWAY CJSC VIKTOR REBETS

SOUTH CAUCASUS RAILWAY REPORT OF THE DIRECTOR GENERAL OF SOUTH CAUCASUS RAILWAY CJSC VIKTOR REBETS SOUTH CAUCASUS RAILWAY REPORT OF THE DIRECTOR GENERAL OF SOUTH CAUCASUS RAILWAY CJSC VIKTOR REBETS Prague 2013 «SCR» CJSC GOALS AND OBJECTIVES Strategic goals are focused on the development and positioning

More information

CAPITAL MARKETS DAY 2017

CAPITAL MARKETS DAY 2017 CAPITAL MARKETS DAY 2017 The automotive strategy of voestalpine Wolfgang Eder, CEO www.voestalpine.com voestalpine GROUP BUSINESS MODEL» voestalpine is a leading technology and capital goods group with

More information

On the development of the new Energy Strategy of Russia (ESR-2035)

On the development of the new Energy Strategy of Russia (ESR-2035) Japan Russia Energy and Environment Dialogue in Niigata On the development of the new Energy Strategy of Russia (ESR-2035) Prof. Alexey M. Mastepanov Deputy Director OIL and GAS RESEARCH INSTITUTE of RAS

More information

Steel Imports Report: United States

Steel Imports Report: United States Background The United States is the world s largest steel importer. In year-to-date 2017 (through September), further referred to at YTD 2017, the U.S. imported 26.9 million metric tons of steel, an increase

More information

Logistics Matters for the World s Largest Steelmaker. October 2012

Logistics Matters for the World s Largest Steelmaker. October 2012 Logistics Matters for the World s Largest Steelmaker October 2012 The world s leading steel and mining company 1 Health and Safety: our no.1 priority Annual health and safety frequency rate* (mining and

More information

Russian gas: between Europe and Asia

Russian gas: between Europe and Asia INSTITUTE OF ENERGY STRATEGY Russian gas: between Europe and Asia Alexey GROMOV PhD in Economic Geography Deputy General Director Institute of Energy Strategy, Moscow Russia in the World: a real pantry

More information

EVRAZ Q4 and FY 2015 PRODUCTION REPORT

EVRAZ Q4 and FY 2015 PRODUCTION REPORT EVRAZ and FY PRODUCTION REPORT 19 January 2016 EVRAZ plc (LSE: EVR) ( EVRAZ or the Company ) today releases its operational results for the fourth quarter and full year of. vs HIGHLIGHTS: Consolidated

More information

Project: 1520mm Broad Gauge-Connection Košice-Vienna

Project: 1520mm Broad Gauge-Connection Košice-Vienna August 2017 Project: 1520mm Broad Gauge-Connection Košice-Vienna Executive Summary Results of the Feasibility Studies as of August 2017 Up-date of the traffic forecasts (Prognos AG) Technical Feasibility

More information

B R I C S B R A Z I L Foundry Industry Remo De Simone President Brazilian Foundry Association - ABIFA

B R I C S B R A Z I L Foundry Industry Remo De Simone President Brazilian Foundry Association - ABIFA B R I C S FOUNDRY FORUM RUSSIA 2015 B R A Z I L and Foundry Industry Overview / Trends Remo De Simone President Brazilian Foundry Association - ABIFA MAIN TOPICS 1) Brazil in figures 2) Infrastructure

More information

Russia s Energy Policy in the Far East and East Siberia

Russia s Energy Policy in the Far East and East Siberia Russia s Energy Policy in the Far East and East Siberia Xu Liu Research Fellow, Slavic Research Center, Hokkaido University, Japan Visiting Scholar, Institute for European, Russian and Eurasian Studies,

More information

Eastern Vector of Russian Oil and Gas Industry Development

Eastern Vector of Russian Oil and Gas Industry Development Eastern Vector of Russian Oil and Gas Industry Development Dr. Vladimir Likhachev Energy Research Institute of RAS Northeast Asia Petroleum Forum 2011 October 18-19, 2011, Seoul, South Korea 2 Agenda 1.

More information

CURRENT SITUATION AND PROSPECT NORTHEAST ASIA ENERGY COOPERATION PROJECTS: RUSSIAN PERSPECTIVES. B.Saneev

CURRENT SITUATION AND PROSPECT NORTHEAST ASIA ENERGY COOPERATION PROJECTS: RUSSIAN PERSPECTIVES. B.Saneev CURRENT SITUATION AND PROSPECT NORTHEAST ASIA ENERGY COOPERATION PROJECTS: RUSSIAN PERSPECTIVES B.Saneev (Energy Systems Institute SB RAS, Irkutsk) Speech at the 2007 KEEI-KAIS International Conference,

More information

The Eastern Vector of Russian Energy Strategy: Prospects of Russian Energy Resources Supply to the Markets of Asia Pacific Region

The Eastern Vector of Russian Energy Strategy: Prospects of Russian Energy Resources Supply to the Markets of Asia Pacific Region Asian Pacific Energy Forum 2013 BUSINESS FORUM The Eastern Vector Russian Energy Strategy: Prospects Russian Energy Resources Supply to Markets Asia Pacific Region Boris Saneev Deputy Director ESI SB RAS

More information

Iron Ore Markets Forecast Till 2025

Iron Ore Markets Forecast Till 2025 SPECIAL PROJECT Iron Ore Markets Forecast Till 2025 World market, Russia, Ukraine The research includes: Outlook of the key regional steel markets Forecast of production, consumption and trade balances

More information

East meets West: European synergies in precision tubes. Bernd Estermann, Marcegaglia Poland

East meets West: European synergies in precision tubes. Bernd Estermann, Marcegaglia Poland East meets West: European synergies in precision tubes Bernd Estermann, Marcegaglia Poland Good afternoon. My name is Bernd Estermann, commercial director at Marcegaglia Poland in Kluczbork. 2 Marcegaglia

More information

Comments on the Regional Railroad Network and Power Grid Interconnection Boris DYNKIN

Comments on the Regional Railroad Network and Power Grid Interconnection Boris DYNKIN Comments on the Regional Railroad Network and Power Grid Interconnection Boris DYNKIN Far Eastern State Transport University Khabarovsk, Russia The social and economic situation in the Russian Far East

More information

STEEL SECTOR OVERVIEW

STEEL SECTOR OVERVIEW STEEL SECTOR OVERVIEW February 2017 STEEL SPECIFIC TERMS & PRODUCTS Crude Steel is steel in its first solid (or usable) form: ingots, semi-finished products billets, blooms, slabs. Production refers to

More information

The future of Russian gas exports to the European market

The future of Russian gas exports to the European market The future of Russian gas exports to the European market Knut Einar Rosendahl School of Economics and Business, Norwegian University of Life Sciences IAEE Conference, Groningen, June 2018 Norwegian University

More information

@ SMR GmbH Steel & Metals Market Research Reutte, October 2013

@ SMR GmbH Steel & Metals Market Research Reutte, October 2013 @ SMR GmbH Steel & Metals Market Research Reutte, October 2013 This study was exclusively prepared for IMOA. It may not be copied, published or disclosed to third parties without the permission of SMR

More information

Internal Combustion Engine and Machinery

Internal Combustion Engine and Machinery Internal Combustion Engine and Machinery Revenues in Internal Combustion Engine and Machinery were 793.7 billion, 6.3% higher than in the prior year, comprising 68.7% of consolidated revenues. Domestic

More information

EVRAZ Q TRADING UPDATE

EVRAZ Q TRADING UPDATE EVRAZ TRADING UPDATE 26 April EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its trading update for the first quarter of. Please, note that starting the Group will publish Trading updates instead

More information

EVRAZ Q PRODUCTION REPORT and INTERIM MANAGEMENT STATEMENT

EVRAZ Q PRODUCTION REPORT and INTERIM MANAGEMENT STATEMENT EVRAZ Q3 2014 PRODUCTION REPORT and INTERIM MANAGEMENT STATEMENT 16 October 2014 EVRAZ plc (LSE: EVR) today releases its operational results for the third quarter of 2014 and its Interim Management Statement.

More information

Commercial Sea Port of Ust-Luga Russia's strategic choice

Commercial Sea Port of Ust-Luga Russia's strategic choice Commercial Sea Port of Ust-Luga Russia's strategic choice Ust-Luga sea commercial port - most advanced Russian seaport In 2015 the port throughput is to amount to about 170 mln. tons of various cargoes

More information

Procurement Solutions

Procurement Solutions Procurement Solutions Procurement Solutions Exiros Exiros procures premium quality materials and services at competitive prices for its customers worldwide. The company s multidisciplinary team counts

More information

MMK Group Trading Update for Q4 and FY 2017 ММК Group: Consolidated results (thousand tonnes)

MMK Group Trading Update for Q4 and FY 2017 ММК Group: Consolidated results (thousand tonnes) 25 January 2018 Magnitogorsk MMK Group Trading Update for and ММК Group: Consolidated results Finished products sales, of which: 2,827 3,232-12.5 11,617 11,454 1.4 Slabs and billets 2 2 0.2 4 104-96.2

More information

Cogen Plant Construction Collaboration in Far East Russian Towns & Villages along with Far East Gas Pipeline by Sojitz/Kawasaki/FEC Russia

Cogen Plant Construction Collaboration in Far East Russian Towns & Villages along with Far East Gas Pipeline by Sojitz/Kawasaki/FEC Russia Cogen Plant Construction Collaboration in Far East Russian Towns & Villages along with Far East Gas Pipeline by Sojitz/Kawasaki/FEC Russia 1 Kawasaki received 7 orders GPB70D for APEC through Sojitz 7x7000KW

More information

EURASIA HSR PROJECT. April 9, 2018 JSC RUSSIAN RAILWAYS

EURASIA HSR PROJECT. April 9, 2018 JSC RUSSIAN RAILWAYS EURASIA HSR PROJECT April 9, 2018 JSC RUSSIAN RAILWAYS MAIN PREMISES PROJECT IMPLEMENTATIONS OF HSR EURASIA EXTENT OF A PASSENGER-AND-FREIGHT HIGH-SPEED RAILWAY CORRIDOR EURASIA WILL MAKE 10 127 * KM AND

More information

EXCELLENT PERSPECTIVES FOR THE IRANIAN ALUMINUM INDUSTRY

EXCELLENT PERSPECTIVES FOR THE IRANIAN ALUMINUM INDUSTRY GIIOVANNI NIGRIS EXECUTIVE VICE PRESIDENT DANIELI GROUP IIAC 2016 IRAN INTERNATIONAL ALUMINIUM CONFERENCE 11-12 MAY 2016 TEHRAN, IRAN EXCELLENT PERSPECTIVES FOR THE IRANIAN ALUMINUM INDUSTRY DANIELI /

More information

Operational Results for Q and FY 2017

Operational Results for Q and FY 2017 Operational Results for Q4 2017 and FY 2017 Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its

More information

Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go?

Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go? From Russia to Europe. Gazprom s export strategy to Europe: Ensuring security of supply vs challenges from US LNG where does Asia fit in and how high can exports go? Elena Burmistrova Director General,

More information

EVRAZ Q4 and FY 2016 PRODUCTION REPORT

EVRAZ Q4 and FY 2016 PRODUCTION REPORT EVRAZ and FY PRODUCTION REPORT 19 January 2017 EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its operational results for the fourth quarter and full year of. vs OPERATIONAL HIGHLIGHTS: In, EVRAZ

More information

EVRAZ Q TRADING UPDATE

EVRAZ Q TRADING UPDATE EVRAZ TRADING UPDATE 26 July EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its trading update for the second quarter of. Please note that production and sales volumes data have been updated

More information

Metal Products. Medium-to long-term Strategy. Strategies for FY2019. Focus on Fields in BBBO2014. Existing Earnings Pillars to enhance

Metal Products. Medium-to long-term Strategy. Strategies for FY2019. Focus on Fields in BBBO2014. Existing Earnings Pillars to enhance Metal Products Tubular products Expand value chain in oilfield related field based on OCTG business Expand to oilfield equipment, material and services Build distribution network for oil & gas transport

More information

Ravenna plant. March 2013

Ravenna plant. March 2013 Ravenna plant March 2013 we give shape to steel Marcegaglia is the leading industrial group worldwide in the steel processing sector, with a yearly output of 5 million tons. After first transformation,

More information

Background story: Coating and Logistics. Nord Stream 2 AG Jul-17

Background story: Coating and Logistics. Nord Stream 2 AG Jul-17 Nord Stream 2 AG Jul-17 Table of Contents Introduction... 3 1. What is concrete weight coating, and why is it necessary?... 4 How it works... 4 Why it s necessary... 6 2. Nord Stream 2 partners with Wasco...

More information

HSR «EURASIA» DEMAND FOR FREIGHT TRANSIT

HSR «EURASIA» DEMAND FOR FREIGHT TRANSIT HSR «EURASIA» DEMAND FOR FREIGHT TRANSIT. CREATION OF HIGH-SPEED FREIGHT-PASSENGER RAILWAY VIA RUSSIA The purpose of the project is the formation of a high-speed passenger-and-freight railway corridor

More information

Tubular Products Europe

Tubular Products Europe Tubular Products Europe ArcelorMittal Europe s Tubular Products division is a pan-european producer, manufacturing tubes and pipes in four countries and delivering its products through proximity agencies

More information

Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market

Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market 1 Summary World & Asian Stainless Steel Production China:

More information

EVRAZ Q4 and FY 2017 PRODUCTION REPORT

EVRAZ Q4 and FY 2017 PRODUCTION REPORT EVRAZ and FY PRODUCTION REPORT 18 January 2018 EVRAZ plc (LSE: EVR; EVRAZ or the Group ) today released its operational results for the fourth quarter and full year of. vs OPERATIONAL HIGHLIGHTS: In, EVRAZ

More information

Building a world-class European steel business. Aditya Mittal, group CFO and CEO ArcelorMittal Europe European media day, 28 November 2017

Building a world-class European steel business. Aditya Mittal, group CFO and CEO ArcelorMittal Europe European media day, 28 November 2017 Building a world-class European steel business Aditya Mittal, group CFO and CEO ArcelorMittal Europe European media day, 28 November 2017 Steel the fabric of the future 2 European steel market recovery

More information

Central Asia to the East:

Central Asia to the East: INSTITUTE OF ENERGY STRATEGY Gas turn of Russia and Central Asia to the East: problems and prospects Alexey Belogoryev Head of Fuel & Energy Complex Department, Scientific secretary, Institute of Energy

More information

Russian Exports to Asia and LNG

Russian Exports to Asia and LNG OXFORD INSTITUTE FOR ENERGY STUDIES Natural Gas Research Programme Russian Exports to Asia and LNG James Henderson Natural Gas Programme, OIES SEPTEMBER 2014 Russia has clear motivation to turn to Asia

More information

Raw Materials: The Changing Dynamic in the Supply Chain

Raw Materials: The Changing Dynamic in the Supply Chain Raw Materials: The Changing Dynamic in the Supply Chain Sabyasachi Bandyopadhyay Director of Quality, Product Development & Process Technology Severstal Columbus March 04, 2014 Agenda How are scrap, iron

More information

Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG. Global Trends in 2011

Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG. Global Trends in 2011 Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG Global Trends in 2011 Table of Contents Overview voestalpine Tubulars General global trends Market outlook - Tubular Industry Recent US anti-dumping cases

More information

(thousand tonnes) Product 1Q Q 2017 Change 1Q 2017 Change Seamless pipe (0.4)% 659 3%

(thousand tonnes) Product 1Q Q 2017 Change 1Q 2017 Change Seamless pipe (0.4)% 659 3% April 17, 2018 PRESS RELEASE TMK Announces 1Q 2018 Operational Results The following contains forward-looking statements concerning future events. These forward-looking statements are based on current

More information

Victim of its own success?

Victim of its own success? China Victim of its own success? Wolfgang Lipp Managing Director SMI - Steel Market Intelligence GmbH Copyright SMI Steel SMI Market Steel Market Intelligence GmbH. 2015 This data may not be copied, published

More information

EVRAZ Q and FY 2014 PRODUCTION REPORT

EVRAZ Q and FY 2014 PRODUCTION REPORT EVRAZ Q4 2014 and FY 2014 PRODUCTION REPORT 19 January 2015 EVRAZ plc (LSE: EVR) today releases its operational results for the fourth quarter of 2014 and the full year of 2014. FY 2014 OPERATIONAL HIGHLIGHTS:

More information

GENNADY BESSONOV TER Project Manager

GENNADY BESSONOV TER Project Manager GENNADY BESSONOV TER Project Manager Trans-Siberian Infrastructure s Resilience UNECE and EUSDR PA1b WORKSHOP How to develop resilient infrastructure (Global SDG 9) Thursday and Friday, 16-17 November

More information

Relining Project in Turkey proves successful By Hans Juergen Koenig and Jens Kirste

Relining Project in Turkey proves successful By Hans Juergen Koenig and Jens Kirste Relining Project in Turkey proves successful By Hans Juergen Koenig and Jens Kirste The Trolining process for no-dig pipe renovation has proven successful for decades. Lately, the grouted-in-place pipe

More information

Transformations of the European gas market and Russian gas export strategy

Transformations of the European gas market and Russian gas export strategy Transformations of the European gas market and Russian gas export strategy Anna Galkina The Energy Research Institute of the Russian Academy of Sciences Moscow May 30, 2016 European gas market transformations

More information

OAO CHELYABINSK TUBE-ROLLING PLANT (CHELPIPE)

OAO CHELYABINSK TUBE-ROLLING PLANT (CHELPIPE) OAO CHELYABINSK TUBE-ROLLING PLANT (CHELPIPE) COMPANY REPORT SUMMARY Company name: Company type: Metals/Minerals: Location: End user industries: OAO Chelyabinsk Tube-Rolling Plant (ChelPipe) Producer Carbon

More information

UK MODERN SLAVERY ACT Slavery and Human Trafficking Statement 30 June 2018

UK MODERN SLAVERY ACT Slavery and Human Trafficking Statement 30 June 2018 UK MODERN SLAVERY ACT 2015 Slavery and Human Trafficking Statement 30 June 2018 (Updated July 2018) The Smurfit Kappa Group ( SKG, The Group ) is committed to eliminating the risk of forced labour and

More information

Role of Fuel and Energy Potential of East Siberia and the Far East in Implementation of Russia s Eastern Energy Strategy

Role of Fuel and Energy Potential of East Siberia and the Far East in Implementation of Russia s Eastern Energy Strategy Role of Fuel and Energy Potential of East Siberia and the Far East in Implementation of Russia s Eastern Energy Strategy B.G. Saneev, Energy Systems Institute, SB of RAS, Irkutsk V.V. Saenko, Institute

More information

Modern Russia s Approach to Energy Cooperation in Northeast Asia

Modern Russia s Approach to Energy Cooperation in Northeast Asia Modern Russia s Approach to Energy Cooperation in Northeast Asia Dr. KALASHNIKOV Victor Head of Research Department Economic Research Institute Russian Academy of Sciences, Khabarovsk, Russia The 17th

More information

The Complete Pipe Coating Solution & Services

The Complete Pipe Coating Solution & Services COMPANY BROCHURE The Complete Pipe Coating Solution & Services Company Brochure Turn Key Pipeline Services B.V. Turn Key Pipeline Services designs, engineers, fabricates, delivers, installs and commissions

More information