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Russia: Evraz ZSMK repairs converter

Evraz ZSMK has finished a 55-day capital repair of its oxygen converter. The capacity of the machine is over 100 thousand tons of steel per month. Investments reached 90 million rubles. Evraz ZSMK operates 5 converters. On average they produce 570 thousand tons of steel per month. Next year another converter and continuous casting machine…


Russia: ChelPipe and Baotou Steel to construct GOK in Irkutsk region

Chelyabinsk Pipe-Rolling Works and Baotou Steel (China) will construct a mining and processing works in the Irkutsk region. The companies have already signed a corresponding agreement. The GOK will be constructed at the Zashikhinskoye rare-earth metals deposit. The first stage is expected to process 250 thousand tons of ore, and with the third stage completed…