In early December Cherepovets Iron and Steel Works produced 250-millionth ton of steel.
“Since the first smelting in 1980 our plant has been increasing converter steel output. The first 100 million tons were produced in 22 years, and the second – twice faster – in 11 years. We’ve managed to manufacture another 50 million tons in four and a half years. Thus, in 30 years steel output has increased almost 2-fold, from 5 to 9.8 million tons per year”, the Severstal Russian Steel CEO Vadim Germanov declared. (Ukrainian metal)