Metalloinvest to Build EAF & Rolling Mill at OEMK
Russian mining and metallurgy company Metalloinvest will build a new electric arc steelmaking furnace DSP-5 and a complex steel processing unit AKOS-4 at
Russian mining and metallurgy company Metalloinvest will build a new electric arc steelmaking furnace DSP-5 and a complex steel processing unit AKOS-4 at the Oskol Electrometallurgical Plant named after AA Ugarova. The main process equipment and services will be supplied by Danieli. The Company's investments in the project will amount to about 6.4 billion rubles. The productivity of EAF-5 will amount to 1.2 million tonnes of liquid steel per year, AKOS-4 1.3 million tonnes per year. DSP-5 is scheduled to be commissioned in 2023, AKOS-4 in 2024.
Steel smelting in DSP-5 will be carried out entirely from metallized pellets, which will lead to a decrease in harmful impurities. Working with a liquid metal residue will minimize the ingress of furnace slag into the ladle with metal, which will reduce the amount of non-metallic inclusions in steel.
After the launch of AKOS-4, the plant will produce 100% of the steel smelted using modern technology, this will increase the quality and competitiveness of the products. It will be producing quality steel grades, including special bar quality steel for the automotive, bearing and other industries. The implementation of the project will strengthen Metalloinvest's positions on the Russian and international markets
The specific consumption of electricity and furnace electrodes will be reduced. Within the framework of the project, the electric arc steelmaking furnace No 2 will be decommissioned and an AKOS-4 will be built in its place.