Russian steel producer
Severstal has announced that on June 4 this year it inaugurated its 250,000 mt capacity new
pipe-section mill
Severstal TPZ Sheksna, which is located in the Sheksna industrial zone in
Russia's Vologoda region.
"The commissioning of the new
pipe and section mill in Sheksna is a progressive implementation of our strategy for the development of high value-added products. In addition, this will allow us to redirect rolled steel products from the flat rolling shop No. 2 from export markets to the Russian domestic market which is of strategic importance to us,"
Severstal Cherepovets's CEO Anatoliy Kruchinin said.
The construction of
Severstal TPZ Sheksna was started in 2007, with the total
investments amounting to more than $100 million. The mill will produce round, square and rectangular pipes with a range of diameters from 127 mm up to 426 mm and of 3 to 16 mm wall thickness, with length from 6 to 16 m, as well as 90 x 90 mm to 320 x 320 mm square sections, and 100 x 80 mm to 350 x 250 mm rectangular sections, with the steel stocks needed for production being from
Severstal Cherepovets.
According to estimations,
Severstal's new 250,000 mt capacity Sheksna mill will produce about 70,000 mt of products in 2010.