Mechel, a mining and metals company in Russia, has announced that the issues with the scrap shipping and severe weather circumstances made the smelting production to stop temporarily at Ductil Steel Otelu Rosu and Mechel Targoviste plants.
These smelting workshops at the two plants have stopped the production from February 18, because of the problems in delivering the scrap and other raw materials, which are used in the production, to the plants.
Andrey Deineko, Mechel-Steel’s Chief Executive Officer stated that there was a block in Romania over the previous few days, because of the unusual freezing temperatures and severe snowstorms. Currently depleted winter scrap stores have been used by those two smelting plants. The company may resume the supply as soon as possible, based on the forecasts.
The business of Mechel, a leading Russian firm, contains four sections namely ferroalloy, mining, power, and steel. The company has combined the producers of iron ore concentrate, coal, ferrosilicon, ferrochrome, nickel, steel, hardware, rolled products, heat and electric power. The products are being supplied domestically and worldwide.
Source: http://www.mechel.com/