EVRAZ to increase merchant pig iron output by end of 2022

Friday, 26 March 2021 17:05:10 (GMT+3)   |   Istanbul
       

Russian mining and steelmaking company EVRAZ Group has announced the construction of two casting machines for the production of pig iron at its subsidiary EVRAZ NTMK.

Accordingly, under the scope of the company’s RUB 1.1 billion investment project which started at the end of 2020, EVRAZ is expected to launch two casting machines for the production of pig iron at its EVRAZ NTMK’s blast furnace shop at the beginning of 2022. The design production capacity of each casting machine is 3,300 mt of pig iron per day, while the capacity of the other two already operating machines is 2,400 mt per day each. The equipment will be supplied by IZTM Irkutsk Heavy Machine Building Plant, with the designer being METPROMSTROY LLC.

Pig iron is in high demand now in the Russian market. The commissioning of new casting machines will allow the company to increase its output by 18 percent and, in particular, will enable us not to reduce the capacity of the blast furnace shop at the time of re-lining the converters,” vice president at EVRAZ, head of Ural division, Denis Novozhenov, noted.


Similar articles

Brazilian BPI mills target higher export prices, impact of scrap eases as discussed at IIMA meeting

18 Apr | Scrap & Raw Materials

Ukraine’s ArcelorMittal Kryvyi Rih posts higher output for Q1, plans 50% utilization

17 Apr | Steel News

China’s crude steel output down 1.9% in Q1, steel prices start to rebound in April

16 Apr | Steel News

Turkey’s pig iron imports increase by 57 percent in January-February

16 Apr | Steel News

Ukraine’s pig iron output up 32.1 percent in Q1

10 Apr | Steel News

Ansteel’s crude steel output up 0.15 percent in 2023

09 Apr | Steel News

Brazilian pig iron exports increase in March

05 Apr | Steel News

Global BPI market quiet after last week’s deals, buyers not expecting higher prices soon

05 Apr | Scrap & Raw Materials

Ukraine’s Zaporizhstal increases pig iron output in Q1

04 Apr | Steel News

Russian exporters sell over 100,000 mt of BPI, prices up from buyers’ ideas but similar or slightly lower to previous ...

29 Mar | Scrap & Raw Materials