Danieli to supply OEMK with new ladle furnace

The Russian Oskol Metallurgical Plant (OEMK), a member of Metalloinvest Holding, has signed an agreement with Italian company Danieli for the supply of a new ladle furnace with a total capacity of one million metric tons of steel per year. The new ladle furnace worth Euro 14.75 million is expected to be put in operation in June 2008.