April 29, 2014. In order to expand its range of products and to be able to fulfill the customers’ orders, Magnitogorsk Iron & Steel Works (MMK) mastered the technology of making metal goods with zinc/iron coating (galvanil) last year. This development was part of the company’s annual program on innovative products. ‘Applying this kind of coating became possible after the launch of the second extension to the cold-roll facility at Rolling Mill 11. The beauty of this zinc/iron coating lies in the fact that it ensures great anti-corrosion properties, improves welding property, and enhances

April 29, 2014. Pipe Metallurgical Company (TMK), one of the world's major OCTG manufacturers, signed an agreement with Gazpromneft regarding the formula for calculating the price of its pipe products. According to TMK press service, the price formula is calculated in accordance with the market prices for raw materials and the materials needed for making pipes. This agreement is the first document of such nature that Gazpromneft has signed with this Russian pipe manufacturer. Since 2012, a similar agreement has been working between Gazprom and a number of major Russian pipe

April 29, 2014. 2GIS analysts found out which Russian cities are most suited for getting by without money in cash. Their research involved 220 cities of Russia that were analyzed in terms of how many local organizations accept international bank cards. Among the factors considered was not the number of such companies per se but their share in the total number of local businesses, SKB-Bank’s press service reports. As a result, the analysts came with a list of several top cities where life is quite manageable without cash, as a lot of POS actually accept bank cards. Interestingly enough, not

April 29, 2014. Uralvagonzavod Scientific & Production Corporation looked up into the results of its social partnership with the educational establishments of Dzerzhinsky District of Nizhniy Tagil in 2012, the corporation’s press service says. The two parties looked at the promising fields in which they could cooperate in the future. In 2014, the corporation’s head plant is planning to allocate 22.25m RUR for the purpose. ‘Five best schools in the district were selected last year. They were assessed along such criteria as children taking part in Uralvagonzavod’s sports and educational