Ural Steel to install new electric arc furnaces

The metallurgical plant Ural Steel (enterprise of Metalloinvest) will update the equipment in the electric steelmaking shop. Within the framework of the modernization project, the the electric steelmaking shop will receive two new electric arc furnaces made by Tenova (Italy).

The amount of investment in the project is about 2 billion rubles. The start-up of furnaces is planned for the first and third quarters of 2019, respectively.

"The project for the modernization of the the electric steelmaking shop is implemented within the framework of a comprehensive investment program for the reorganization of the steel plant's production. ... The furnaces will be transferred to the FMF technology (Flexible Modular Furnace), which will provide flexibility when using various components of the charge (liquid and pig iron, HBI, scrap) with the possibility of increasing the share of liquid iron in the charge to 85%. The FMF technology allows to reduce to zero consumption of the electrodes and electric energy when operating with 85% of liquid iron in the charge. Application of the newest technology FMF will ensure a reduction in the cost of production of steel and increase the efficiency of the activities of Ural Steel. Upgrade of the the electric steelmaking shop will also reduce the technogenic impact of production on the environment," the press release said.