Russia: CherMK gets South Korean power machinery
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.…