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Important
announcements are made at this event every year – here is just some news we
heard at the event in February 2007:
TMK, the world's third-largest steel pipe maker by market capitalisation,
will double investment to $500 million this year to meet booming demand for oil
and gas pipelines said its CEO Konstantin Semerikov. 12 February 2007
Reuters News 
Igor Vier, MMK's Vice-president for Commerce, told a metals conference the
company would invest 17 billion roubles ($645.4 million) this year. MMK,
Russia's third-largest steel maker, will raise investment by about 13 percent
in 2007 as it prepares to start two new lines to roll steel used in cars and
oil pipelines 12 February 2007
Reuters News 
ChTPZ Group, Russia's second-largest steel pipe maker, will invest at least
$1.5 billion in the next five years to raise output by about 50 percent, the
company's general director Vitaly Sadykov told the CIS Metals Summit. ChTPZ
aimed to sell 2.5 million tonnes a year of steel pipes by 2011 to meet booming
demand from Russia's oil and gas sector. The group's two pipe plants supplied
1.72 million tonnes in 2006. 12 February 2007
Reuters 
Russia's Metalloinvest company has begun implementing a project on
completion of the Kirovohrad mining-and-processing complex of oxide-bearing ore
[known as KHOKOR] , Maksim Basov, General Director of the Gazmetall company,
said at the CIS Metals Summit on 12-14 February in Moscow hosted by Adam Smith
Institute. 13 February 2007
BBC Monitoring 
The engineering-building division of RUSAL plans to invest $137,5 million in
development of new technologies from 2007 to 2010. According to Valery
Matvienko, Director,
Engineering & Construction Division, in 2007 the company plans to
invest $50 million. 13 February 2007
RIA Oreanda Brazil's CVRD , the world's largest iron ore miner, is studying partnerships
with steel makers in Russia but does not view the country as key to its
expansion said Peter Poppinga, Senior Managing Director of CVRD International
S.A 14 February 2007
Reuters Many of the key industry decision-makers were featured in the 50+ speaker line-up at the Summit
– including: -
Igor Vier, Vice-President for Commerce,
MMK Managing Company Konstantin Semerikov,
General Director, TMK Vladimir Markin, President, United Metallurgical Company Valery Matvienko,
Director, Engineering & Construction Division, RUSAL Vitaly Sadykov, General Director, ChTPZ Group Andrey Saltanov,
General Director, Estar Victor Makushin,
President, MAIR Group Maxim Basov, General
Director, Gazmetall Aleksander
Pilipenko, Vice President, Industrial
Group Consortium Jacques Dham, CEO, Arcelor
Distribution Takayoshi Nakano, Head
of European Representative Office, Nippon Steel Corporation Andrii
Goncharuk, Advisor to the Prime-Minister of Ukraine Aleksander Sorokin,
Vice President, International Operations, ErazHolding Igor Konovalov, CEO, INPROM Peter Poppinga, Senior Managing Director, CVRD International
And many, many more … Attendees also enjoyed the many new
features on offer at this 2007event, including: -
3 Keynote Speeches from international players: Arcelor,
CVRD International and Nippon Steel Extended Session on
Investing in Operation Excellence Spotlight on Raw Materials
Sourcing Special
Focus on Optimising Sales Policy In-depth Session on Growth Strategies for Export Markets
All of
these new elements were extremely well-received, and we are already planning
new ideas for 2008: Once again,
particular thanks go to the sponsors of the conference: Lead Sponsor:
Ernst & Young and Allianz Insurance; Sponsors: Severstal-Resurs, Caterpillar Tractor, Fitch
Ratings, The Standard Bank Group Limited, Modul Co. Ltd, American Appraisal,
Magister & Partners, Rostelecom, The MICEX Stock
Exchange, Gazprombank, SAP, Aton Capital, Metso Minerals and TMK We look forward to shortly informing you about the
preparations for the Adam Smith’s the CIS Metals Summit – 2008 For all
enquiries regarding the event, including your preferences regarding the dates
and venue, please write to Jane Gelfand, at JaneG@adamsmithconfernces.com If you did not have a chance to participate in
this outstanding event, but want to access the presentations, you can purchase
the conference documentation here. For
the latest information and regular updates on the programme, and
for information on how you may get involved, please contact Jane
Gelfand on: +44 (0) 207 0177444 or at: janeg@adamsmithconferences.com To
become a sponsor or exhibitor at the most high-profile pharmaceutical
conference in Russia, please contacts Rebecca Pickering on: +44
(0) 207 0177444 or at: Rebecca@adamsmithconfernces.com
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