Metalloinvest in 2011, invests in the development of their enterprises about 14 billion rubles

"Metalloinvest" in 2011, invests in the development of their enterprises about 14 billion rubles, told the director of the production of the Criminal Code "Metalloinvest" Andrei Ugarov within days of the Moscow Institute of Steel and Alloys.

According to him, at present, the priority projects of the mining assets of the company are the construction of a burning car on the N3 Mikhailovsky GOK (GOK) and the construction of a dry concentrate Lebedinsky GOK (GOK).

In addition, in the first half of next year will be concluded a major contract for the construction of the HBI (HBI plant-3) on the GOK. In the future as promising project is the organization of the production of hematite concentrate on MGOKom.

Projects metallurgical enterprises "Metalloinvest" provide for the increase in steel production from 3.3 to 3.8 million tonnes per year capacity Oskol Electric Works, as well as reconstruction of coke battery N6 and the erection of a vacuum vessel to the "Ural Steel".
"In Next year Much will depend on the market situation, but I think invest in the modernization of the holding not less, but until now, the program is and the more than 14 billion rubles "- Said the haze.


In addition, he noted that the current production plans this year performed by the company in its entirety. "We went on a full load of our metallurgical and mining industries. All of them are working at maximum capacity. We hope that a repeat of 2008 will not be, although a small decline observed prices ", — said the haze.
He also noted that in the third quarter at the "metalloinvesta" has changed the structure of the supply of raw materials. The company reduces the share of exports in favor of Russian consumers. There have been concluded long-term contracts with major Magnitogorsk and Novolipetsk Steel.
"Metalloinvest" the three-year agreement MMK ships about 200-250 thousand tons of concentrate, pellets per month, "- said the haze.
Metallurgical Plants "metalloinvesta" while preserving the volume of deliveries to the domestic market and for export in equal shares.

"Metalloinvest" owns Lebedinsky and Mikhailovsky GOKami (about 40 million tonnes of concentrate per year), OEMC and "Ural Steel" (6.4 million tons of steel per year), Hamriyah Steel plant in the United Arab Emirates (1 million tons of rebar per year).

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