UrBC, Yekaterinburg, July 18, 2017. ChTPZ Group took part in the Innoprom 2017 International Industrial Exhibition in Yekaterinburg on July 10-13, the Group’s press service reports. The company shareholders Andrei Komarov and Alexander Fedorov, as well as the Director-General of the Group’s pipe manufacturing division Alexander Grubman, HR Director Svetlana Kusminykh, and Pervouralsk New Pipe Plant’s Managing Director Alexei Dronov all represented the Group during the forum. ‘The company’s top management contributed to the event’s business agenda. Director-General of the Group’s pipe

UrBC, Yekaterinburg, July 18, 2017. Fitch Ratings upgraded Magnitogorsk Iron & Steel Works’ (MMK) long-term issuer default rating from BBB- to BB+, with Stable rating outlook, MMK press service reports. ‘The agency says in its press release that this upgrade has to do with the company’s considerably decreased leverage and Fitch’s expectations for MMK’s financial policy to remain as conservative as before. The prospective leverage is expected to stay within the new rating range in the foreseeable future. The decline was brought about by MMK’s impressive financial performance and money that

UrBC, Yekaterinburg, July 18, 2017. EVRAZ Nizhniy Tagil Integrated Metallurgical Works (NTMK) launched a new round bar finishing facility at the plant’s heavy milling department, EVRAZ Holding Ural’s Corporate Relations Center reports. The new facility is expected to double the site’s production capacity, improve the metal finishing quality, and increase product range. All this is meant to help the plant get a larger share of the promising pipe shell market. The solemn launching ceremony was attended by EVRAZ Vice President and head of EVRAZ Holding Ural Maxim Andriasov, EVRAZ NTMK and EVRAZ

UrBC, Magnitogorsk, July 18, 2017. Magnitogorsk Iron & Steel Works (MMK) got the gas-filtering facilities at its electric steel-smelting department rebuilt and upgraded, MMK PR Department reports. The project cost 1.6bn RUR to implement, with the current filtering efficiency at nearly 100%. Two obsolete gas-filtering Units 32 and 33 had to be replaced with their up-to-date counterparts. The new equipment is meant to trap, cool, and filter smoke gases resulting from DSPA 32 steel-smelting machine’s performance and random exhausts that don’t get trapped in the gas duct. ‘DSPA 32 filtering

UrBC, Yekaterinburg, July 18, 2017. Sverdlovsk Region-based building businesses’ turnover amounted to 42.88bn RUR in January-June 2017, which was 20.9% less than one year perviously, Sverdlovskstat reports. The turnover of companies involved in production of ready metal goods declined by 10.2% in the first half of the year; that of companies in the beverage industry declined by 10.6%, that of companies in the printed goods sector declined by 7.3%, that of pharmaceutical companies declined by 5.8%, that of companies producing steam and hot water declined by 1.9%, and that of companies in the