Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) announced that it plans to begin the reconstruction of its blast furnace No. 2 in 2020, within the scope of its modernization plans. MMK aims to radically modernize the unit, significantly reducing its environmental impact.
The blast furnace currently produces around 3,800 mt of pig iron per day.
MMK said that the construction of the new blast furnace will have no effect on the company's overall steel production or on the quantity of finalized products as its reduced blast furnace production capacity will be compensated for by increasing the capacity of the electric furnace workshop.