RUSAL REPURPOSE FIVE PLANTS

RUSAL repurpose five plants

Problematic Rusal aluminum smelters - Theology, Nadvoitsky, Ural, and Kandalakshsky Volkhovsky - will continue to work and will be redeveloped: they will switch to the production of high-tech products requiring lower cost of electricity, this in an interview to #39;Rain#39; said the owner of the holding Basic Element (Basel) Oleg Deripaska.

`We perform all obligations to their employees, of course. What is the salary of the day. If we decide to optimize the size, we agree with them and decide in accordance with collective bargaining agreements. There is a small electrolysis, which does not survive in today#39;s environment, when we brought the price of electricity: The situation there is that it is actually above the world - if we add transport costs, low productivity, high cost of capital, the inability to quickly carry out the modernization #39;- he said .

Oleg Deripaska also noted that the decision they made: reduce the electrolysis as much as you need to be metal for the production of higher added value products.

`It#39;s real competitive advantage: a liquid metal that can be used to make alloys, further to produce wire rod specifically for the cable industry, powders for construction foam machines. We will create a virtually new production of these cities, there are in fact retain employment. But I just see that this is not enough.

It is not enough in a city where 50-60 thousand people working on a two thousand #39;- he said.

The businessman also said that the decision on the new production of Rusal taken in conjunction with the Ministry of Economy. `Searched in conjunction with the Ministry of Economy. By the way, one of the few sane ministers in the government today, to be honest about the situation #39;, - said Oleg Deripaska.

Previously, the Board of Directors approved a long-term program Rusal reduction of 275 tonnes of primary aluminum on Nadvoitsy (NAE), Bogoslovovskom, Volkhovsk (WHA) and Novokuznetsk (NkAZ) aluminum smelters. In connection with the situation on the basis of several activists held a hunger strike on Sept. 3, Sept.

17 the action was suspended in connection with the signing of an agreement between the company and the Sverdlovsk region, the leadership base and trade union committee of the trade union Russian mining and metals.

Rusal has decided to cut production at its plants, because I thought that the high electricity tariff for base make inappropriate modernization economically and environmentally inefficient electrolysis production. In this case, the company promised to create new jobs and operation of an aluminum complex in the Sverdlovsk region Rusal and the government of the region, with the participation of Vnesheconombank will hold a series of activities, including integration into the aluminum and alumina production capacity for the production of heat, steam and electricity on the basis of the Theological and Novobogoslovskaya CHP in Krasnoturyinsk and Krasnohorská CHP in Kamensk-through repurchase.

Earlier, Minister of Economic Development Andrei Belousov reported that Vnesheconombank will consider investment application into a credit facility in the amount of $ 55 million for the modernization of two plants of the Sverdlovsk region - Urals Aluminum Plant and Theological aluminum plant. According to Rusal, from $ 55 million to modernize the foundry on the base will be sent to about $ 25 million, and at the Urals Aluminum Plant - $ 30 million

METINVEST IMPROVES QUALITY OF METAL

Metinvest IMPROVES QUALITY OF METAL

At the plant named after Lenin, Metinvest Group, the development of domestic scientists and production plant will greatly improve the cleaning of products cold rolling mill (CHU) plant.

Thanks to the newly designed and mounted in a special collectors shop, which allows the purification of hot-rolled pickled strip of water-air mixture without changing the existing process of continuous pickling line unit, the surface of the strip has become cleaner by 25 percent.

Prior to the introduction of modernized collector cleaning strip made only with water.
Collector installation and testing their performance in all operating modes provided continuous pickling unit was performed by specialists of the enterprise.

`It is safe to say that the proposal of our experts especially in demand during the crisis - said Vladimir Boyko, CEO of PJSC #39;MMK Ilyich`. - It suffices to compare the cost of our fabricated collectors - it was a few tens of thousands of hryvnia - the cost of similar equipment manufactured abroad, a few million hryvnia `.

MAGNEZIT RATH GMBH AND SIGN COOPERATION AGREEMENT

MAGNEZIT RATH GMBH AND SIGN COOPERATION AGREEMENT

Magnesite Group and an international industrial company RATH GmbH, specializing in the production of refractory materials based on aluminum oxide, silicon oxide and zirconium oxide, have entered into a strategic cooperation agreement.

The aim of cooperation is the joint development of projects for the modernization of furnaces, rolling and production engineering. Products are supplied and the subsequent service of thermal units is a new market segment for the Group Magnesite. Cooperation with RATH GmbH will provide companies a metal-and machine-building complex on the territory of Russia and the CIS not only advanced world-class technical solutions, but also effective ways to implement them with the opportunity to optimize costs.

With its advanced experience in implementing similar projects and unique solutions, the company RATH assumes responsibility for engineering projects. Magnesite Group, with its modern facilities to provide services to the operational service of heating units and a developed network of sales and service offices in the territory of the CIS, the project will provide a complete supply of essential materials and services as well as direct interaction with partners and customers.

As part of the strategic partnership, certain types of refractory products, such as arched or bottom blocks, blocks for insulation skid tubes will be produced with the use of fire-resistant materials RATH at the production facilities of the Group in the Magnesite Russia. It is planned that, in collaboration with Western companies in the project will be run by representatives Kyshtymskoye refractory plant (Kyshtym, Chelyabinsk region), and the Scientific-production company `` Magnesite (Satka, Chelyabinsk region).

To date, agreements have been reached on launching the first projects on service capacity of enterprises in Russia and Ukraine in the current year.

IN KALUGA PLANNED CONSTRUCTION OF CAR ENGINE

In Kaluga PLANNED CONSTRUCTION OF CAR ENGINE

In Kaluga, the industrial park `` Grabtsevo plans to build a factory of car engines. Its construction is scheduled for March 2013, commissioning is scheduled for 2015. The new facility, which seats 500 jobs will apply the latest developments in the field of engine construction, which will significantly improve ecological safety.

In this context, the Governor of the Kaluga region Anatoly Artamonov at a meeting with the general manager of Volkswagen Group Rus `` Mr. Markus Ozegovich and director of the Kaluga automobile Dr. Josef Baumert discuss the basics of the current issues on the project.

Speaking about the importance of expanding the industrial sector in the region by opening new businesses, Anatoly Artamonov stressed that one of the important conditions must be of high technology. `Use in the production of modern equipment, will produce high-quality products, fully meeting the requirements of the market #39;, - said the head of the region.

INCREASING EXPORTS ALUMINIUM

INCREASING EXPORTS ALUMINIUM

Exports of aluminum from Russia in January-August 2012 increased by 6.7% to $ 2.405 million tons, according to the Federal Customs Service.

Total cost of supplies was $ 4.679 billion, a decrease of 3.1% compared to the same period in 2011 ($ 4.831 billion).

Aluminum exports to non-CIS countries increased by 5.7% - up to 2.356 million tonnes, the amount of sales decreased by 4.3% - to $ 4.571 billion in the implementation of the CIS countries has doubled - to 48.4 million tonnes of aluminum, the amount of supply also doubled - to $ 107.6 million

Russian aluminum exports in 2011 increased by 2.4% - up to 3.419 million tons of supply cost was $ 7.158 billion versus $ 6.021 billion in 2010

CHINESE METALLURGIST TO GIVE PREFERENCE TO SCRAP METAL

CHINESE metallurgist to give preference to scrap metal

In the next three years, Chinese steelmakers will increase the use of scrap in steel making, thus replacing the part purchased on import volumes of iron ore. This forecast was voiced Chun Chi Wai (Chun Chi Wai), the head of China Metal Recycling Holdings Ltd.

According to him, by 2015, the country#39;s steelmakers will smelt scrap about 20% of the steel produced in the country. Now the figure is 14%.

The share of China Metal Recycling Holdings on the scrap metal market of China is about 6%.

`The Chinese steel industry will never be released on double-digit growth - said Chung. - At the same time, Scrap fund in the country will increase, which will naturally lead to a reduction in demand for iron ore #39;.

According to him, in August steel prices in China have fallen to the lowest level since 2008, prompting the largest suppliers zhelrudy BHP Billiton and Vale defer capacity expansion projects, so China Metal Recycling expects to take their place in the market.

Chung also said that the production of steel from scrap is economically profitable. Thus, the construction Steel Plant, which would consume zhelrudu, is on the 2/3 more than the company with the production of steel-based metal.

BAOSTEEL LEFT NOYABRSK STEEL PRICES SAME

BAOSTEEL LEFT NOYABRSK steel prices SAME

Leading Chinese steel company Baoshan Iron and Steel (Baosteel) has no plans to change the November prices of the main range of steel - r / c and x / c coils.

Traditionally pricing Baosteel is `benchmark #39;for the entire steel industry of China.

As previously reported, another leading steelmakers Wuhan Iron Steel raised its prices in November g / rolls to 150 yuan ($ 24) per tonne and x / c rolls by 100 yuan per ton

Baosteel decision not to raise prices was a surprise for the market, because since the beginning of September and beginning of October, steel futures on the Shanghai Stock Exchange rose 15%, reaching a 2-month high. The growth of steel prices in China came amid increasing expectations casual steel.

At the same time, in late September, Baosteel announced the temporary suspension of the Steel Plant in Shanghai capacity of 3 million tons of steel a year due to heavy losses.

NEW DEALER CENTER OPENED IN GAS STERLITAMAK

NEW DEALER CENTER OPENED IN GAS STERLITAMAK

The new dealership opened GAS Sterlitamak. This is the third company#39;s sales in the Republic of Bashkortostan. Expansion of sales network reflects the growing demand for cars GAZ: for the first nine months of 2012, sales in Bashkortostan increased by 26%.

GAZ auto center, an outdoor company `` Avtotehno Sterlitamak, fully consistent with corporate brand standards and will implement the entire product line Gorky Automobile Plant GAZ Group ``: light commercial vehicles `Gazelle BUSINESS #39;and#39; Sable BUSINESS`, `medium-tonnage trucks Valdai `, GAZ-3309,` `Sadko, as well as special equipment and spare parts.

Center area of 5.5 thousand square meters includes a spacious showroom, a comfortable customer area, sales of spare parts and accessories, service station with 11 service centers with modern equipment.

Center is certified to sell and service all types of engines to be installed on GAZ vehicles, including diesel and gas-gasoline engines.

In accordance with the principle of #39;three in one#39; new Auto GAS combines the functions of car sales, maintenance and repair, as well as the sale of spare parts and accessories. Corporate suite of services involves the use of a full list of financial instruments: credit, leasing and insurance programs.

The personnel was specialized training and certification in the Training Center of GAZ in Nizhny Novgorod. A high level of client service #39;program provides assessment of service quality#39;, according to which is constant monitoring of visitor satisfaction of all our services, rapid detection and elimination of potential problems.

Sales and service network of car GAZ is the largest network of manufacturers and suppliers of commercial vehicles in Russia and the CIS. Bringing together more than 230 branded points of sale, approximately 200 authorized service centers and more than 1.5 thousand stores of spare parts, branded network of gas provides the shortest possible execution of client orders, the installation of additional equipment, warranty service or supply parts and components.

OMSK ENTERPRISES `` SIBVPKNEFTEGAZ PRODUCED TWO SUDNAAMFIBII

Omsk enterprises SIBVPKNEFTEGAZ `` manufacture the two ships of the amphibious

Omsk company `` SibVPKNeftegaz produced the two-ship amphibious hovercraft `Arctic-2DK` for the Government of the Kamchatka Kraya.Po to the deputy chairman of the regional government of Sergey Pakhomov, ships will be delivered in the framework of the program #39;Development of the Far East and Trans-Baikal to 2013 `

The contract amount - more than 25 million rubles.

Court actually help address issues of transport accessibility of many localities of Kamchatka, especially in the north of the province, in the tundra and wetlands. Amphibians are able to overcome up to 1 thousand km, while they can be used during the fall or spring break. In this case, `Arctic` do not need piers, runways and platforms.

With all kinds of loading terrain hovercraft `Arctic` can be used at any time of the day in the waters of large and small rivers, lakes, coastal belt of the seas, in the marshes, tundra, forest glades and winter roads throughout the year, including the off-season .

MECHEL WILL COOPERATE WITH ECONOMIC DEVELOPMENT

Mechel WILL COOPERATE WITH ECONOMIC DEVELOPMENT

OAO Mechel `` announce the signing of an agreement with the Ministry of Economic Development of the Russian Federation on cooperation aimed at supporting and developing foreign operations.

Under the agreement, Russian Ministry of Economic Development will assist OAO Mechel `` in the preparation and carrying out activities to promote the interests of the company abroad in the coal industry, ferrous metallurgy and energy. Also provide an opportunity for the participation of the company in the events organized by the ministry and work of the intergovernmental commission on trade-economic and scientific-technical cooperation between Russia and foreign countries. In addition, the Russian Ministry of Economic Development will contribute to bringing the matter to the level of meeting the minister and his deputies with their counterparts from foreign countries.

Agreement was signed by Minister of Economic Development of the Russian Federation Andrei Belousov and Chief Executive Officer of Mechel `` Michael Eugene. Term of agreement - three years with automatic extension.

`Signed a cooperation agreement with the Ministry of Economic Development of the Russian Federation - an example of the timely and thoughtful approach of the state to assist in the implementation of specific projects to Russian companies engaged in foreign trade. With this approach, all the steps that both the company and the ministry and the trade missions are aimed at achieving practical results in favor of the Russian business and government as a whole #39;, - said General Director of OAO Mechel `` Michael Eugene.

VOLGOGRADSKY STEEL PLANT `` RED OCTOBER IN THE COMING YEARS TO GET MAY 6 BILLION FOR MODERNIZATION

VOLGOGRADSKY Steel Plant `` RED OCTOBER IN THE COMING YEARS WILL RUB 5.6 billion for modernization

Society `steel mill #39;Red October#39; (VMZKO) will be included in the state armaments program, under which the company until 2016, will receive 5.6 billion rubles for the modernization of fixed assets, told the executive director VMZKO Dmitri Gerasimenko.

`Just a month ago, we received a notice from the Industry and Trade of the Russian Federation, that` Red October #39;will include a federal program of arms until 2020, and from next year the volume of investments in#39; Red October #39;will be for three years, 5.6 billion rubles.

The government gives money to sustaining capital #39;- said Gerasimenko. According to him, first of all funds will be used for the restoration of forging production at the plant `` barricades. This area, which includes forging and casting and mechanical engineering, was acquired by the VMP in 2008. `Today playground ceased generating losses, there is a positive result, but still a small profit #39;- said Gerasimenko.

There, he said, the old equipment - presses 1902-1916 period. In addition, a major upgrade to the state program will affect the plate rolling mill #39;Red October#39;.

As part of the bankruptcy proceedings of JSC `steel mill #39;Red October#39; the decision of the arbitration court of the new enterprise - JSC` steel mill #39;Red October#39;, which will be transferred to the entire staff. As said Gerasimenko, receivership on Company `steel mill #39;Red October#39; will be introduced in September this year. `This is the final definitive way to prepare for the sale of property and debts, but not the plant and JSC` `Red October and the end of the procedure (bankruptcy) that people perceive with relief #39;- said the CEO.

It was reported earlier that the global financial and economic crisis in 2008 had a negative impact on the plant. The company suffered billions in losses, have accumulated large debts, and as a result - filed for bankruptcy (in November 2009 introduced observation, and from January 2011 - external control). The new management team of the plant, attracted by CC Technologies `` and `NPK Uralvagonzavod #39;with October 2011, the event to enhance the competitiveness of the enterprise, enabling VMZKO an economic advantage and overcome the break-even.

SOLLERS RELEASED THIS YEAR NEARLY 20 THOUSAND

SOLLERS released this year NEARLY 20 THOUSAND. CARS

In January-August 2012 automobile factory Sollers-Far East (Vladivostok) increased the production of SsangYong SUVs by 20% compared with the same period in 2011 - up to 19,925 thousand vehicles, reported the press service of the plant.

Currently, the plant Sollers-Far East (100%-subsidiary `of` Sollers) collects four SUVs SsangYong - Kyron, Rexton, New Actyon and Actyon Sports. Including in January-August 2012 produced 10,234 thousand New Actyon (growth by 40.2%), 7,538 thousand Kyron (an increase of 4.5%), 1,183 thousand and 970 Actyon Sports Rexton.

Last month, the plant produced 1,851 thousand SUVs, which is 34% lower than in August 2011

`This planned reduction in the volume, because in August the company for 2 weeks was introduced corporate holiday in preparation for the launch of the line Mazda` - said the spokesman.
September 6 Sollers and Japanese Mazda joint venture opened in Vladivostok.

In 2011 Sollers-Far East issued 25.1 million SUVs, which is 83% more than in the 2010 Plan for 2012 is more than 32 thousand cars.