Severstal has received electric compressors for Cherepovets Iron and Steel Works from Hanwha Techwin (South Korea).
The cost of the investment project is around 1 billion rubles.
With the help of the new machinery CherMK will decrease electricity usage by 27%.
According to the contract, machinery was accepted last year at the Hanwha Techwin works. In December 2017 it was shipped from Busan to Cherepovets.
Assembly and modernization of the system will be finished by the end of 2018. (Ukrainian metal)