HBIS Investing in Environmental Projects at Serbian Steel Mill

SeeNews reported that HBIS Group Serbia Iron & Steel is investing USD 140 million in environmental projects. Company's executive director for production
HBIS Investing in Environmental Projects at Serbian Steel Mill

Mr Vladan Mihajlovic said “The company is carrying out four environmental projects that will significantly improve the air quality in the city of Smederevo where its steel mill is located. The new agglomeration will be launched on June 1, 2021, with ash concentration of 20 mg/m3, which is below the limit in the European Community, and better than any steel mill in Europe. Another large investment is the construction of a furnace that will use blast furnace gas as an alternative fuel and will start operating on July 1, 2021. The fourth investment is a reservoir for blast furnace gas.”

Mr Mihajlovic added "In November, we completed a revamp of converter number 2, which has not been upgraded since the mid-1980s.”

HBIS took over the management and ownership of Zelezara Smederevo in July 2016, three months after the government agreed to sell the steel mill to the Chinese group for 46 million euro.

Related Stories

SteelGuru Business News