Alchevsk Iron & Steel Launches Construction Of Converter Shop.
27 April 2008
The company (ALMK: BUY) started mounting works for its new oxygen converter shop. Launch of the first converter is planned for December 2006, and the second one will be launched in late 2007. Concorde Capital: The shop will produce 5 mln mt of steel annually and its construction will effectively double the mill’s capacity to 7.5 mln mt.
