Since May 4, Kosaya Gora Iron and Steel Works has switched its blast furnace No. 3, which produces pig iron, to the manufacture of Fmn78 ferromanganese.
The decision was made taking into account the market situation and the offer of Metalloinvest to switch to a new price forming process on pellets, resulting in the considerable increase in prices for primary raw materials.
Pig iron stocks will allow KMZ to fulfill all the previously taken orders.
Daily output of the furnace is some 350 tons. Thus, monthly ferromanganese sales will grow from 5 thousand tons to 7 thousand tons. (Ukrainian metal)