Cherepovets Steel Mill upgrades equipment

AK&M 13 October 2020 23:28

Cherepovets Steel Mill (the largest asset of PAO Severstal) has upgraded the automatic control system for metal annealing in hood-type annealing furnaces in the flat product department, the company informed.

The equipment was supplied by LOI Thermprocess GmbH (Germany). All the commissioning works were successfully carried out remotely due to the risks related to the coronavirus pandemic.

PAO Severstal (LSE: SVST, tax number: 3528000597) is an international mining and metallurgical company focusing on high value added products. The company has considerable experience of acquisitions and integrations of assets in North America and Europe. It also possesses mining enterprises in Russia providing the company's production assets with feed stock.