Severstal has concluded an agreement with Ural Works of Heavy Machinery to supply a foundry crane with the lifting capacity of 520 tons to the Cherepovets Iron and Steel Works.
The machine will be used in steel manufacture to lift and transport steel ladles.
Investments in the project total 600 million rubles.
This is the 5th crane produced by Uralmashzavod for CherMK. In 2007-2011, 3 cranes with the lifting capacity of 500 tons and one with 520 tons were supplied.
The delivery of the new crane is scheduled for Q2 2019. (Ukrainian metal)