Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has announced that it has commissioned sinter plant No. 5, with an annual capacity of up to 5.5 million mt of sinter.
The new sinter plant will provide the MMK blast furnace plant with high-quality raw materials and will improve the efficiency of sinter and blast furnace production.
"This project will significantly reduce the plant's impact on the environment," said Victor Rashnikov, chairman of the board of directors of MMK. "Commissioning of the new sinter plant will also ensure a significant increase in environmental safety. This is part of MMK's large-scale investment strategy, aimed at completely modernising all production equipment in the first stage of processing."
MMK stated that the cost of contract equipment supplied by Sinosteel Equipment & Engineering Co. Ltd (China) amounted to RUB 6.7 billion ($106.42 million). Total capital investments in the sinter plant complex, including construction and installation works, amounted to around RUB 30 billion ($476.5 million).