In 2016 Olenegorsk Mining and Processing Works, a part of Severstal produced 4.1 million tons of concentrate and shipped it to the Cherepovets Iron and Steel Works.
“For the first time in our history we were able to considerably improve the quality of our products. In particular we have increased the Fe contents in the concentrate from 65.7% to 66.4%”, the company acting CEO Alexei Scherbakov said.
The investment program of Olkon last year totaled 1.067 billion rubles. (Ukrainian metal)