2012.05.21 | NEWS | METAL PRODUCTION

● Russia’s agency delays mulling bids for nickel fields to May 22

● Russia’s Evraz revenue flat on year at $3.1 bln in Jan–Mar

● Russia’s Chelyabinsk Zinc Plant recommends no dividends for 2011

● Russia’s Chelyabinsk Zinc Plant RAS net profit drops 60% Jan–Mar

● FOCUS: Sale of non-core assets unlikely to help Mechel solve debt problem

● Russia’s Mechel to lay off 1,200 employees at 3 Romanian units

● IES Holding: Talks to sell Bogoslovsk power plant to RUSAL over

● Russia’s RUSAL aluminum output rises 3.5% to 1 mln tns in Q1

● RUSAL to repay $250 mln of debt quarterly starting from 2013

● Russia’s UC RUSAL IFRS net profit down 84% in January–March

● Russia’s OMK offers to buy Vyksa Steel Works’ minorities

● Russia’s MMK pledges 100% in Turkish unit as collateral

● Russia’s NLMK US GAAP net profit drops 55.9% on year in Q1