MMK Illicha To Invest USD 139 mln In Modernization In 2006.
20 February 2008
Specifically, the company (MMKI: HOLD) plans to implement pulverized coal injection technology in its blast furnace workshop to eliminate the need for gas in the process, to complete construction of an oxygen block and finish construction of another concaster for its oxygen converter workshop. Concorde Capital: These measures will allow MMKI to completely refrain from gas consumption in pig iron production and also to decrease gas usage in steel making as the converters will replace open hearth furnaces.
