24 Jan 2012 17:08

ChEMK increases production ferrous alloys 1.5% in 2011

CHELYABINSK. Jan 24 (Interfax) - Chelyabinsk Electrometallurgical Plant (ChEMK), Russia's biggest ferroalloy producer, produced 721,000 tonnes of ferroalloys in 2011, the enterprise told Interfax.

A company spokesperson said that output came to 710,000 tonnes in 2010. Therefore, ChEMK was able to increase ferroalloy output by 1.55% in 2011.

Company head Pavel Khodorovsky previously said that the 2011 production target was around 800,000 tonnes of ferroalloys.

LLC Perant and its affiliate LLC Prompererabotka own 99.5% of ChEMK.

The ChEMK industrial group includes Chelyabinsk Electrometallurgical Plant and OJSC Kuznetskiye Ferroalloys.