Verkhnyaya Salda Iron and Steel Works plans to start producing granulated pig iron on the basis of the Titanium Valley Special Economic Zone.
Investments are estimated at 1.1 billion rubles.
“In late 2020 – early 2021 a new enterprise will be created to produce high-purity granulated pig iron. Its capacity will total 40 thousand tons per year,” the company reported.
The purity of metal will reach 96%.
In case of success, the company will increase capacity to 150 thousand tons per year. Investments will reach 2.3 billion rubles. (Ukrainian metal)