Mechel OAO reports that its subsidiary, Chelyabinsk Metallurgical Plant, has
restarted all three blast furnaces that were halted yesterday following the
interruption of water supply to the plant by the local pumping station. All
steel oxygen converters and electric furnaces are expected to resume operation
before the end of the day, followed by the steel rolling facilities which will
be restarted within the next day. This will complete resumption of steel
production at Chelyabinsk Metallurgical Plant.
"We are thankful to all the personnel involved in the accident relief
efforts for their professional and united actions. This allowed us to quickly
take control over the situation and carry out measures that will enable the
fastest possible full scale restart of the production cycle," said Mechel's
CEO Vladimir Iorich.
Mechel is one of the leading Russian mining and metals companies. Mechel
unites producers of coal, iron ore, nickel, steel, rolled products, and
hardware. Mechel products are marketed domestically and internationally.