KOKS group to construct steel mill

KOKS Group is planning the construction of a new steel mill to produce long and structural steel products with the use of modern technologies at its Tulachermet OAO subsidiary. The project capacity of the new mill’s first production stage is expected to be around 1Mt of continuously casted square billets per year. Approx. 80% of the furnace charge for steel production would be captive hot pig iron with the remaining being cold charge in the form of scrap and other materials.
Though the main technological parameters of the mill are yet to be determined, negotiations have already started with potential equipment and technology suppliers such as Siemens, SMS Group, Danieli, Tenova, STG, Sytco. The company plans to determine the construction site and complete the feasibility study by autumn 2013. The construction of the new mills expected to take around three years.
The project will be managed by a newly established subsidiary of KOKS Group, Tulachermet-Steel OOO. It will be headed by Konstantin Pitul, the recently appointed general manager of the new plant.

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