Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has announced the launch of a major environmental project aimed at reducing atmospheric emissions at Cherepovets Steel Mill, part of the Severstal Russian Steel division.
Following a tender process, Severstal has signed an agreement with Austria-based Siemens VAI Metals Technologies to supply and install a sophisticated system for capturing emissions from plant converters. The system will be installed over the next four years.
The new system will be installed alongside Cherepovets Steel Mill's existing converter process and will include, amongst other things, new bag filters, smoke exhausts, a compressor station, a package transformer and distribution substation, an automated process control system, and a dust removal system.
The project is an important step in Severstal's significant efforts to reduce the environmental impact of its operations. Severstal will invest up to Ruble 3 billion ($96 million) over the next four years in the project.