Mechel, one of the leading Russian mining and steel companies, has announced that its Southern Urals Nickel subsidiary has awarded an equipment supply contract to The Netherlands-based plantmaker Bateman Engineering for the delivery of a new melting complex.
The scope of the contract includes the fundamental re-equipment of the plant and also supply and installment of a new 12 MW DC furnace. The total investment in the project amounts to $31 million. Work is expected to be completed by the end of 2009.