The company aims to increase its steel output to 3.5 million tons by the end of the year, compared to 3.3 million tons in previous plans. Production in 2023 has increased strongly to 2.9 million tons. Behind this increase is the company's emphasis on modernization and maintenance activities.
Despite the challenging economic conditions, the company's officials say they have been consistent in meeting their production targets. Andrey Berg, Director of Qarmet's Steel Department, emphasized that the targets set are realistic and will be successfully met. In 2024, shipments to customers are expected to amount to 3.2 million tons.
While Qarmet continues to modernize its equipment, it is also implementing various strategies to keep the production process running smoothly. In particular, it is aimed to increase the daily sinter production to 14 thousand tons in September and to increase both the production and shipment capacities of the sheet rolling sections. In addition, during the 10-day maintenance of the second hot-dip galvanizing line, metal stocks are planned to be increased to avoid any disruption in the painting line.
Looking at the first 11 days of September 2024, Qarmet's performance has been remarkable. Pig iron production reached 104.6%, steel production was 103.6% and sinter production was 107.5%. Long products remained at 100%, while coke production decreased slightly to 95.9%. At Plate Mill No. 2, production was 98.2%.
Qarmet's long-term plans call for a 13% increase in steel production compared to 2023. Iron ore concentrate production is also expected to increase by 10% to 10 million tons, while coal production is expected to decrease by 2%.
Comments
No comment yet.