9,685.49 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
33.88 USD USD USD
37.56 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.17 TRY Interest Interest
71.63 USD Fossil Oil Fossil Oil
31.06 USD Silver Silver
4.22 USD Copper Copper
92.59 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,825.56 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
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

“We should cancel all taxes in 2025” - Tarnavsky's forecasts for the CIS region and the steel industry

Monday, September 16, 2024

Political and economic instability weakens Bangladesh's scrap demand

Monday, September 16, 2024

Taiwanese company Feng Hsin decreases prices for this week

Monday, September 16, 2024

At Global Steel Summit, Amir Keshmiri spoke about investment opportunities in Iran

Monday, September 16, 2024

Borusan Boru strengthens its presence in the European market with new plant in Romania

Monday, September 16, 2024
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