Metallurgical Works n.a. Serov A.K. will reactivate the second blast furnace in September
27.08.2009, 13:50
In the beginning of September metallurgical works n.a. Serov А.К. will resume the production process at the second blast furnace, the capacities of which is 167000 tons of cast iron. Currently the specialists of the works finish inspection of all equipment in the blast furnace. It is planned to start heating the stove and the whole aggregate on 27th of August. After starting-up the second furnace the works will increase it’s monthly cast iron output up to 30000 tons. A half of this volume will be used for steel production. The enterprise plans to export and to sell in the internal market the rest amount of its products.
«We intend to increase the cast iron share and accordingly to reduce the amount of scrap steel in metal stock during steel melting, - says Aleksey Shreider, the CEO of the works. – This is related to the fact that cast iron production costs are lower than the current price of scrap steel. Since the beginning of the year the price has been raised by 25% and, according to the expert evaluation it will continue to».
«Thereby, the start up of the second blast furnace will result in metal-roll cost reduction. The demand for the products of ferrous metallurgy enterprises will remain low, especially in the Russian market, therefore optimization and reduction of costs are still urgent problems for us », - marks Aleksey Shreider.
Besides, additional capacities will allow to increase the workload of the agglomeration plant, as well as to provide one more enterprise of UGMK holding with orders – JSC «Bogoslovsk ore administration», which supply the Serov’s Works with iron-ore raw materials.
It is noted that nowadays the Metallurgical works n.a. Serov A.K. operates with 70% workload from the existing facility.
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