24
Nov
14:40
Severstal reduces energy costs with new electricity line
Severstal has reduced energy costs with a new electricity supply line. The Russian steelmaker and miner has put into operation a 110kV cable-overhead line at its main production facilities at Cherepovets Steelworks (CherMK), the company tells Kallanish.
The total cost of the investment project is over RUB 1.7 billion ($13.4 million). The economic effect from the implementation has already amounted to RUB 93.7 million. The construction of the line began in 201…
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Anonymous
Very good overview of the weekly steel market.
Anonymous