Tag «Steel»

PCM Group announces acquisition of RAIL.ONE GmbH

Siliguri, 8th April – PCM Group of Industries today is proud to announce that it has acquired RAIL.ONE GmbH, a 118 years old German company the pioneer international conglomerate of concrete railroad sleepers and systems provider for railway track, high-speed lines, urban transit and heavy-duty railroads. It has facilities and state of the art plants …

Index of Eight Core Industries (Base: 2004-05=100), February 2013

The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 144.4 in February 2013 with a growth rate of (-) 2.5% compared to their 7.7% growth in February 2012.  The decline in  growth in February,2013 was on account of negative growth witnessed in Electricity generation and …

Mechel Announces Management Changes

Moscow, Russia — March 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a new executive appointment. Andrey Kocherov, 39, is appointed Mechel OAO’s Vice-President for Public and Investor Relations. Mechel OAO’s Chief Executive Officer Evgeny Mikhel noted: “We gladly welcome Andrey Kocherov to our company’s team. …

Mechel Reports Chelyabinsk Governor’s Visit to Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia — February 26, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the visit of Chelyabinsk Region’s Governor Mikhail Yurevich to Chelyabinsk Metallurgical Plant. Chelyabinsk Region’s Governor Mikhail Yurevich, First Deputy Governor Sergei Komyakov, Deputy Governor Ivan Feklin, and the regional administration’s Industry and Natural Resources …