18 Oct 2023 12:56

Severstal to build 97-bln-ruble complex to produce iron ore pellets at 10 mln tonnes per year

MOSCOW. Oct 18 (Interfax) - Severstal plans to construct a complex to produce iron ore pellets at Cherepovets Steel Plant (CherMK), with output capacity of 10 million tonnes, costing around 97 billion rubles, the company said in a statement.

The complex is scheduled for launch in 2026.