Russian steelmaker
Severstal has stated that its subsidiary Karelsky Okatysh, a major
iron ore production and processing plant in
Russia, has launched production of new
iron ore pellets with a higher
iron ore content. Cherepovets Steel Mill, part of
Severstal's Russian Steel division and one of the world's largest integrated steel mills by capacity, will be the main customer for the upgraded
iron ore pellets. The new technology for producing high quality
iron ore pellets underwent pilot testing in February and June of last year.