10,076.99 TRY BIST 100 BIST 100
4.96 CNY CNY CNY
35.77 USD USD USD
37.25 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.10 TRY Interest Interest
76.59 USD Fossil Oil Fossil Oil
30.85 USD Silver Silver
4.26 USD Copper Copper
104.56 USD Iron Ore Iron Ore
339.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,177.82 TRY Gold (gr) Gold (gr)

New metallurgical facilities were launched in Russia

New metallurgical facilities were launched in the DNR, Nizhny Novgorod and Chelyabinsk Regions.

New metallurgical facilities were launched in Russia

Russian President Vladimir Putin attended the ceremony to open the dry coking coal production complex, blast furnace operation and vacuum arc and electroslag remelting furnaces.

Blast furnace No. 5 at Yenakiieve Steel, which has not been used since 2020, was put into operation. With the start-up of the furnace, it is planned that more than 1 million tonnes of steel can be melted annually. Yenakiieve Steel, part of the Southern Mining and Metallurgical Complex, has a full metallurgical production cycle, from sinter and pig iron production to commercial casting and production of hot-rolled square billets, long products and wire rods.

Ruspolymet launched vacuum arc and electroslag remelting furnaces in the Nizhny Novgorod region. With the commissioning of these furnaces, the company will be able to almost double its capacity to produce heat-resistant steels, alloys and finished products made of them. The company produces special steels, alloys and products for high-tech industries.

Magnitogorsk Iron and Steel Plant (MMK) in the Chelyabinsk Region has commissioned a dry coking coal production complex. The complex covers the entire production cycle from receiving coal concentrates to transferring finished coke to the blast furnace workshop. The production volume of the new battery is 2.5 million tonnes of dry coke per year, which will meet half of MMK's demand for this product. Construction investments exceed one billion US dollars. The general contractor and equipment supplier is the Chinese Sinosteel.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Go Gauge Projects successfully completes challenging beams Shipment from China to the UAE

Thursday, January 30, 2025

Regional scrap prices and market dynamics

Thursday, January 30, 2025

Kuwait Portland Cement signs credit-supported steel supply agreement

Thursday, January 30, 2025

Members of the European Parliament urge strengthening of the steel sector

Thursday, January 30, 2025

Vietnam's crude steel production increased in 2024

Thursday, January 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now