Mechel installs new ferroalloy electric arc furnace at Bratsk Ferroalloy Plant
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Mechel, one of the leading Russian mining and steelmaking companies, has announced that a ferroalloy electric arc furnace has been installed and the first smelting of ferrosilicon conducted as part of the modernization of the Bratsk Ferroalloy Plant of the group's ferroalloys division.
Mechel stated that this is the first ferroalloy electric arc furnace to be installed as part of the contract between Bratsk Ferroalloy Plant and Sibir Electrothermal Equipment Plant to supply four ferroalloy electric arc furnaces.
Once the new furnaces are commissioned, Bratsk Ferroalloy Plant's production capacity will increase by 30 percent and its power consumption will be reduced by 10-13 percent. The investment in the project reached RUR 1.9 billion ($65 million).