Russia's Chusovoy Metallurgical Works (CMW), one of the oldest ferrous metallurgy enterprises in the Urals area with complete technological cycle of metal production, will not build a new blast furnace.
In October 2008, the mill took out of service its BF No. 2 with designed capacity of 650,000 mt per year and planned to construct a new BF with a designed capacity of one million mt per year. However, the schedule and volume of work involved has not been approved. At the present time, cast iron is produced only at BF No. 1 with a capacity of 180,000 mt per year.
In the first quarter of 2011, CMW decreased steel production by 21.6 percent compared to the same period of last year, to 36,700 mt. Chusovoy Metallurgical Works produces high-quality metallurgical products: rolled section steel; special-shaped steel for the automotive, machine building, shipbuilding, and other industries; vanadium cast iron; refined cast iron; automobile springs. The factory is a Russian leader in automotive spring and ferrovanadium manufacture. The products made by the Chusovoy Works are well-known in Russia and in many European and Asian countries.