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PJSC TMK (TMK) and PJSC NOVATEK (NOVATEK) signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Leonid Mikhelson, Chairman of NOVATEK’s Management Board signed the document. The agreement outlines key policies and approaches for supplying TMK’s premium casing and tubing…
DetailsUC RUSAL together with the Ministry of Health of the Russian Federation, announced the completion of the vaccination against the Ebola virus in the Republic of Guinea. Two thousand people have received the GamEvac-Combi vaccines during the testing programme conducted in Guinea at the Scientific Diagnostic Centre for Epidemiology and Microbiology (SDCEM). The centre was…
DetailsPaul Grenchick was surfing with friends along the Indiana shore of Lake Michigan on Thursday evening. Little did he know, just up the river, thousands of fish were dying, and investigators were struggling to determine exactly how much cyanide and ammonia had flowed into the lake after a spill at an industrial plant earlier in…
DetailsNEW DELHI: Market veteran Raamdeo Agrawal said the biggest defaulter in India is none other than the government itself. He said half of the problems the domestic economy is facing will get resolved, once the government starts clearing dues on time. “Even if the government starts paying at least 30-day bill in 30 days, one-third…
DetailsThe Abu Dhabi National Oil Company announced the award of multi-billion-dollar contracts for the procurement of casing and tubing. The combined scope of the three contracts awarded is one of the world’s largest in this category. The contracts, which were awarded to Consolidated Suppliers Establishment, representing Tenaris SA; Abu Dhabi Oilfield Services Company, representing Vallourec…
DetailsHere are five Fastmarkets MB stories you might have missed on Tuesday August 20 that are worth another look. Cobalt prices have risen by more than 25% since Glencore announced it would close its Mutanda mine and – in doing so – brought forward expectations of a shortfall in cobalt supply. Namibia-based tin mining company…
DetailsUS flat product steel prices have been in a steady state of decline since the mid-part of 2018. A gradual uptick in domestic capacity utilisation was a contributory factor to the price erosion. Imported volumes remain an influence, despite the protection of Section 232 measures. According to MEPS’ research, in July, the majority of US…
DetailsNLMK Group, a global steel company, has embarked on the assembly of main process equipment to implement the stamp charging technology at its operating coke oven battery at Altai-Koks, a leading Russian manufacturer of metallurgical coke. Instead of the conventional top charging method, stamped charging involves feeding compacted coal briquettes into the oven horizontally. Stamping…
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