Russia’s MMK to invest over RUB 20 billion in environmental protection

Wednesday, 04 September 2024 13:45:08 (GMT+3)   |   Istanbul

Russian steelmaker MMK Group has announced it is continuing its investments in environmental protection measures and that it will allocate RUB 20.15 billion ($227.68 million) for these measures this year.

Accordingly, the company will spend over RUB 5.8 billion ($65.54 million) to construct coke battery complex No. 12 in order to replace its five older coke batteries, reducing its carbon emissions by 11,350 mt per year. Moreover, over RUB 11.4 billion ($128.81 million) will be invested in the installation of dust suppression systems in different production lines and in the modernization of sintering machines and gas cleaning units in the crushing and roasting shop.

In addition, MMK will allocate RUB 2.5 billion ($28.25 million) for water protection measures. In particular, the pickling baths in the sheet rolling shop No. 5 will be upgraded.

Also, the company plans to process 9 million mt of slag and to use over 1.6 million of slag in steel production.

ElifKefeli
Elif Kefeli
Editor

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.


Similar articles

Turkish domestic rebar spot prices increase once again

13 Aug | Longs and Billet

Turkish mills conclude deep sea scrap deals at stable prices, also focusing on steel sales

13 Aug | Scrap & Raw Materials

Ex-China wire rod prices decline slightly, reach bottom levels

13 Aug | Longs and Billet

Bulgarian longs prices resist downside pressure amid almost stagnant trade

13 Aug | Longs and Billet

Vietnamese HRC buyers focus on local market, lower import prices only for non-VAT HRC

13 Aug | Flats and Slab

Iron ore prices in China fluctuate in limited range, trend likely to continue

13 Aug | Scrap & Raw Materials

Romanian longs prices slip further as August inactivity weighs on traders

13 Aug | Longs and Billet

HRC pricing in Turkey stable, number of import offers limited for now

13 Aug | Flats and Slab

SE Asian billet importers seek offers in short positions from traders, trade stalls

13 Aug | Longs and Billet

IEA cuts 2026 global oil demand and supply forecasts amid Hormuz closure

13 Aug | Steel News