Metalloinvest increases long steel production at OEMK

Friday, 21 June 2019 15:02:10 (GMT+3)   |   Istanbul

Metalloinvest, Russia-based leading global producer and supplier of hot-briquetted iron (HBI) and iron ore products, and a regional producer of high-quality steel,  has announced that it has commissioned a new reduction and calibration section for Rolling Mill 350’s mid-size production line at its subsidiary Oskol Metallurgical Plant (OEMK).

Investment in the project amounted more than RUB 600 million ($9.5 million). Metalloinvest said that the modernization will enable the company to increase production of high-quality rolled steel by 67,000 mt per year. The new reduction and calibration section will ensure that every steel bar is the correct size, within 0.15 mm diameter of precision.

The rolled steel produced at OEMK is used in machine and car manufacturing, instrument and bearing production, and in metal constructions for the petrochemicals industry, bridges, and offshore platforms.

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