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Mechel Reports Resumption of Work at Otelu Rosu Plant
03/29/2012 - Mechel OAO announced the resumption of smelting operations at its Ductil Steel Otelu Rosu plant in Romania.
Mechel OAO announced the resumption of smelting operations at its Ductil Steel Otelu Rosu plant in Romania.
Operations at Otelu Rosu’s smelting workshop had been temporarily halted due a contingency situation following a malfunction at the electric arc furnace.
“Thanks to our eliminating the malfunction’s consequences in the shortest possible time, the halt’s effect on the annual steel production plans can be considered as insignificant,” said Mechel-Steel Management OOO’s Chief Executive Officer Andrey Deineko.
The company noted that operations resumed on March 24, and the workshop resumed operating as normal on March 26. All of the incident’s effects were eliminated as a result of measures implemented at the plant.
Mechel, one of Russia’s leading companies, conducts business in four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power, and its products are marketed domestically and internationally.
