Ukrainian steelmaker Metinvest will reduce its overall capacity for pig iron at its Azovstal plant in a series of major blast furnace overhauls, Fastmarkets learned during the week ended Friday June 7.
The complete shutdown of blast furnace (BF) No5 has already started, the company said on June 5."The equipment will be taken out of operation pursuant to the [refurbishment plan]. Once it has been cooled down, the structure of the blast furnace will be dismantled," Metinvest said.The company was also planning to stop operation of BF No6 for a major overhaul, although no edtails were disclosed.BFs No6 and No5 each have capacity for around 850,000 tonnes...