Arc Furnace at Metal Plant to Resume Operating in December
2 August 2011 (09:27)
An electric arc furnace that was stopped due to an accident at Nizhneserginsky Metal Goods Plant will only resume operating in December 2011 at the soonest, the spokesperson for Novolipetsk Iron & Steel Works (NLMK) reports.
It was reported on July 10, 2011 that an electric transformer shut down at Nizhneserginsky Metal Goods Plant (part of NLMK Group), which caused one of the two electric arc furnaces to stop working. The shut-down occurred because of an electric circuit breakup in the transformer’s primary side, which means the coil will have to be replaced.
The accident is expected to result in a decrease in the company’s steel ingots output by 450,000 tons by the end of the year; in July, the drop in the rolled steel output amounted to about 50,000 tons.
According to the preliminary estimates, the arc stoppage will result in a 7% decline in the plant’s revenues for 2011 in comparison with the expected figures.
It was reported on July 10, 2011 that an electric transformer shut down at Nizhneserginsky Metal Goods Plant (part of NLMK Group), which caused one of the two electric arc furnaces to stop working. The shut-down occurred because of an electric circuit breakup in the transformer’s primary side, which means the coil will have to be replaced.
The accident is expected to result in a decrease in the company’s steel ingots output by 450,000 tons by the end of the year; in July, the drop in the rolled steel output amounted to about 50,000 tons.
According to the preliminary estimates, the arc stoppage will result in a 7% decline in the plant’s revenues for 2011 in comparison with the expected figures.
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