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EVRAZ Begins Work on New Blast Furnace in Russia
07/15/2016 - Russia’s EVRAZ has begun building a US$170 million blast furnace at its Nizhny Tagil steel works, the company has announced.
Designated as the No. 7 blast furnace, it will have a volume of 2,200 cubic meters and be capable of producing 2.5 million metric tons of pig iron annually.
"We continue to invest in the development of our steel production in Nizhny Tagil, despite the unfavorable market situation,” said Maxim Andriasov, EVRAZ vice president and the head of the Urals division, in a statement.
“The construction of (the No. 7 blast furnace) is an alternative to the halt of the blast furnace No. 6 for the first category repair. It will give us an opportunity to maintain the production of pig iron at EVRAZ NTMK at 5 million metric tons per year."
EVRAZ said the Nizhny Tagil works currently has two blast furnaces in operation, the No. 5 and the No. 6, each which has an effective volume of 2,200 cubic meters.
EVRAZ said the new furnace will have two fully enclosed casting yards and an automated charging system, among other features. Work on the project is to continue into 2018.
"We continue to invest in the development of our steel production in Nizhny Tagil, despite the unfavorable market situation,” said Maxim Andriasov, EVRAZ vice president and the head of the Urals division, in a statement.
“The construction of (the No. 7 blast furnace) is an alternative to the halt of the blast furnace No. 6 for the first category repair. It will give us an opportunity to maintain the production of pig iron at EVRAZ NTMK at 5 million metric tons per year."
EVRAZ said the Nizhny Tagil works currently has two blast furnaces in operation, the No. 5 and the No. 6, each which has an effective volume of 2,200 cubic meters.
EVRAZ said the new furnace will have two fully enclosed casting yards and an automated charging system, among other features. Work on the project is to continue into 2018.
